Answer:
Hi there!
C. Debit Miscellaneous Expense $270; credit Cash $270.
Explanation:
At the time of the reimbursement from the petty cash, the vouchers for the money used are presented and these must be charged to the different expenses incurred.
In October 1, the journal entry for the petty cash increase of $54 will be:
Debit Petty Cash $54; credit cash $54.
Answer: Dependable on communication
Explanation:
An extrovert is a person who is at ease with communication, working in a company whose culture is effective communication will be a great fit.
Answer:
FiFo method as prices are continuously increasing
Explanation:
Date Units Cost Per Unit Cost
June 1 150 units $ 1,040 6.93
June 10 200 units 1,560 7.8
June 15 200 units 1,680 8.4
June 28 150 units 1,320 8.8
$5,600
As the unit price is increasing the method which yields the highest gross profit would be FIFO.But in some cases the income is overstated as the beginning inventory is too old to account for . Similarly Lifo gives lower net income but that too is not very beneficial when the inventory is almost obsolete.
The average method gives a measure in between FIFO and LIFO.
This example best illustrates the impact of top-down processing which is defined as pattern recognition advancement through the use of contextual information.
Top-down processing entails the brain's sending down stored information to the sensory system as it receives information from the stimulus, allowing a plausible hypothesis to be formed without analyzing every feature of the stimulus. Thus, top-down processing involves combining contextual information from things we already know or have experienced with our senses to perceive new information.
Top-down processing is beneficial because it simplifies how we comprehend our sensory perceptions. Our surroundings are hectic, and we are constantly perceiving multiple things. Top-down processing allows us to shorten the cognitive path that connects our perceptions to their meaning.
Learn more top-down processing here:
brainly.com/question/5641438
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