Answer:
Date Account title Debit Credit
December 1 Office Supplies Expense $790
Office Supplies $790
Explanation:
Office supplies is an asset but when it is used it should be debited to the office supplies expense account because it becomes an expense that should be catered for in the Income statement.
The office expense that is used for the year is:
= Book balance - Physical inventory
= 1,300 - 510
= $790
The answer is negotiable order of withdrawal or short for
the acronym NOW. The acronym NOW, when it is used in terms of financial institutions,
in stands for Negotiable Order of Withdrawal, it is a type of interest-grossing
checking account wherein a patron or customer is allowed to create drafts
against cash held on deposit or in short words, the owner of the account can
write an unlimited amount of checks for drafts or to be used.
Answer:
the amount that should be excluded from the current liabilities is $750,000
Explanation:
The computation of the amount that should be excluded from the current liabilities is shown below;
= Number of shares in the common stock × selling price per share
= 30,000 shares × $25
= $750,000
Hence, the amount that should be excluded from the current liabilities is $750,000
This is an example of passive communication. You are not directly confronting your boss about the email, but you are indirectly bringing it up. This could be seen as a way to avoid conflict, or it could be seen as a way to gauge your boss's reaction to the email.
Assuming that your boss saw your email and chose not to respond is an example of an assumption. This could be due to a variety of reasons, such as your boss being busy or not wanting to discuss the matter over email. If you see your boss in the hallway, you can mention the email and ask if she would like to discuss it in person. This will give you a better idea of why she chose not to respond and whether or not she is open to talking about the matter.
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