Answer: option (A). the boss's praise
Explanation: Reinforcement is the process of encouraging or establishing a belief or pattern of behaviour. in this scenario, The boss praised his hourly employees for their good work. The boss hopes that the praise encourages the employees to continue to work hard. In this example, the reinforcement is the boss praise.The boss hoped the praise would encourage the employees to work harder.
Answer: The correct answer is a). The sum of the debits will equal the sum of the credits.
Explanation: When a journal entry is posted as same amount to both the debit and credit it balances up in the trial balance.
In the same vein, irrespective of the error in the ledger raised and posted in the trial balance, the sum will be equal on both the debit side and the credit side.
Answer:
10%; 16%
Explanation:
Given that,
Real GDP in the first quarter of 2016 = $10 billion
Real GDP in the first quarter of 2017 = $11 billion
Increased from the fourth quarter of 2016 to the first quarter of 2017 = 4%
Growth rate from the first quarter of 2016 to first quarter of 2017:
=
=
= 10%
Real GDP growth rate is as follows:
= 4% × 4
= 16%
The Company recorded 660 x 74 = $48,840 in deferred revenue. This is a liability account that means they still owe the service or good which they have been paid for.
Every month, the company records an adjusting entry, recognizing one twelfth of the 48,840, 4,070, because they have earned another month of that deferred revenue by providing the magazine.
The journal entry on December 31, 2018, will be
Deferred Revenue 4,070
Revenue (4,070)
If this is the first time they've made the entry, then they will recognize earned revenue for Sep, Oct, Nov and Dec,
Deferred Revenue 16,280
Revenue (16,280)
Answer:
Results are below.
Explanation:
Giving the following information:
Fixed costs= $20,000
Unitary variable cost= $17
Selling price= $28 per unit.
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 20,000 / (28 - 17)
Break-even point in units= 1,818 units
<u>Now, the profit for 1,500 units:</u>
Loss= 1,500*11 - 20,000= -$3,500