Answer:A) Debit Encumbrances Control for $550,000
Explanation:
A) Debit Encumbrances Control for $550,000
Encumbrance is a restriction that controls the usage of funds, Encumbrance prevents the organisation from overspending
when X city ordered supplies of $550 000 the city created an encumbrance control with an amount of 550 000. when the supplies are received expenditure on supplies will be limited to $550 000
Answer:
Categorical variable
Explanation:
Categorical variable are variables that are not numerical, take on values that are names or labels.It places the individual into a category, categorical variable is also called qualitative variable.
While quantitative variable is a numerical variable, they represent a measurable quantity i.e variables whose values result from counting or measuring something(measurement)
Therefore, the type of variable used here is categorical because the type of business will not be numerical.
Answer:
Explanation:
The ending retained earnings = beginning retained earnings + net income - Dividends Paid
Net income = ending retained earnings - beginning retained earnings + Dividends Paid
= $833,000 - $724,000 + $50,000
= $159000.
Therefore, the net income for the year is $159000.
She is involved with the cultural environment as this mainly focus on the well being of each individual and each of the person's identity in which we can see that Patsy is focused on the elderly for her reason to provide the assistance they need and requires.
