Answer:
Supervised and Unsupervised Learning:
a. Unsupervised learning
b. Supervised learning
3. Supervised learning
4. Unsupervised learning
Explanation:
The key difference between supervised machine learning and unsupervised machine learning is that with supervised machine learning there is a training dataset (labeled data) on which the algorithm is trained to predict patterns. With unsupervised machine learning on the other hand, there is no training data. So, the algorithm discovers patterns on itself without reference to another labeled data or training dataset.
Answer:
Ellison Company should recognize compensation expense on its books in the amount of $600
Explanation:
Solution
The transaction in the books of Ellison Company during the period of July 1st 2010 to December 31st 2010
On July 1st the share value was $30 *400 = 12000
On October 1st 2010 sold at $ 36 * 400 = 14400
The gain on this transaction was = $2,400
31st July 2010, less compensation expenses =$ 1,800
The fair vale to be recorded as a gain = $ 600
Answer: Interest expense=$108
Explanation:
Interest expense =Principal x Rate x Time ( Period)
Where
Principal = $16,200
Rate =, 8%
TIme ( Period ) = From December 1st to 31`st = 30 days
Interest expense= P x R x T
= $16,200 X 0.08 X 30/360
=$108
The amount of interest expense accrued at December 31 on the note is $108
Answer:
<em>The Accounting Cycle is as follows:</em>
<em>1. Transactions are analyzed and recorded in the journal.
</em>
<em>2. Transactions are posted to the ledger.</em>
<em>3. An unadjusted trial balance is prepared.
</em>
<em>4. Adjustment data are asssembled and analyzed.
</em>
<em>5. An optional end-of-period spreadsheet is prepared.
</em>
<em>6. Adjusting entries are journalized and posted to the ledger.
</em>
<em>7. An adjusted trial balance is prepared.
</em>
<em>8. Financial statements are prepared.
</em>
<em>9. Closing entries are journalized and posted to the ledger.
</em>
<em>10. A post-closing trial balance is prepared.
</em>
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