Answer:
D. $ 10,300
Choice D is correct: Net income = $ 10,300
Explanation:
Cash Received = $ 16000
Less Rent Paid= ( $ 2000)
Add income = $ 3000
Less Salaries for the month of March = ($ 6200)
Less utilities paid ($ <u>500)</u>
<u>Net income=</u> $ 10,300
Treatments.
Net income is found by deducting expenses from revenues earned
$ 100,000 is the retained earnings so it is not accounted for net income.
Equipment is an asset so it is not accounted for net income.
Cash received is the revenue so it is accounted.
Rent is an expense account so it is subtracted.
Income for service $ 3000 provided is also taken into account on matching principle basis.
Advance received will be adjusted when the services will be rendered on matching principle.
Answer:
The Hawthorne effect (or the observer effect)
Explanation:
When we use the term Hawthorne effect, it refers to an study where employees productivity increases due to the fact that they are being observed.
It was determined decades ago by Elton Mayo, that employees' productivity changes just by the fact that they are being observed. That is why every time this type of experiment is repeated and the outcome is similar, we call it the Hawthorne effect.
Your answer is suposed True
Answer:
c) workers specialize in various production tasks.
Explanation:
The division of labor means that people, instead of performing a large number of tasks by themselves, only perform a few, or a single task, for which they specialize.
The division of labor is a characteristic of the modern economy, and without it, the levels of production and technology that we have today would not be possible.
