All of the following are qualities of certification programs except:

What would Jamie Lee's financial liability have been had she waited more than two days to report the debit/ATM card lost or stol

shtirl [24]

Explanation:

If Jamie notifies the bank within 2 days of the lost card , her liability for unauthorized would be $50.

6 0

3 years ago

Bayside Technical Services signed a contract on a sixminusmonth job for a client, starting on March 1. Bayside will collect $ 2

Svetradugi [14.3K]

Answer:

The answer is: B) Debit balance of $10,000

Explanation:

Accounts Receivable account is an asset, and when assets increase, they have to be debited.

Before any adjustment was made, Accounts Receivable had a $6,000 balance. The new contract is worth $24,000 hat shall be divided into 6 months, which means $4,000 per month.

So at the end of the month the $4,000 form the new contract must be added to Accounts Receivable. This has to be done be a debit record of 6,000, so the adjusted balance of the account is 10,000.

5 0

3 years ago

To be effective, communication must ________. A. benefit both parties B. only involve a sender C. be written D. only involve a

ella [17]

Answer:

Benefit both parties

Explanation:

Communication is the process of transferring information from the sender to the receiver. In a communication process: The sender encodes the information, transmits it via a medium, the sender receives the message, decodes it, perceives it and send feedback to the sender.

It the process mentioned above, communication will become ineffective if any of the things is not done properly. Consequently, it should involve, and therefore, benefit both the parties.

5 0

4 years ago

Bellingham Company produces a product that requires 6 standard direct labor hours per unit at a standard hourly rate of $22.00 p

amid [387]

Answer:

The correct answer for (a) is 12,144 ( Favorable), (b) is 26,400 ( Unfavorable), and (c) is 14,256 ( unfavorable).

Explanation:

According to the scenario, the computation of the given data are as follows:

(a) We can calculate the rate variance by using following formula:

Rate variance = Actual hours × ( Standard rate - Actual rate)

= 27,600 × ( $22 - $22.44)

= -$12,144 ( Favorable)

(b). We can calculate the time variance by using following formula:

Time variance = Standard rate × ( Standard hours - Actual hours)

= $22 × ( 6 × 4,800 - 27,600)

= 26,400 ( Unfavorable)

(c). We can calculate the cost variance by using following formula:

Cost variance = Time variance - rate variance

= 26,400 - 12,144

= 14,256 ( unfavorable)

5 0

3 years ago

On January 1 of this year, Trucks R Us Corporation issued bonds with a face value of $ 2,000,000 and a coupon rate of 10 percent

Anestetic [448]

Bonds Payable amount reflected in balance sheet = $2192890

Face Value = $2000000

Coupon Rate = 10%

Maturity Period = 10 years

Number of compounding = 2

Interest = $2000000 * 10% * 6/12 = $100000

Period = 2 * 10 = 20

Maturity Value = Face Value = $2000000

Market Interest Rate semiannually = 0.085 / 2 = 0.0425

Market Value = Present Value of Future Cash Flows

= PV of Interest + PV of maturity value

= (Interest * PVAF (4.25%, 20)) + (Maturity Value * PVIF (4.25%, 20))

= (100000 * 13.29437) + (2000000 * 0.434989)

= $1329437 + $869978

= $2199415

Since market value is greater than face value, we can say that bonds are issued at a premium.

Premium = $2199415 - $2000000 = $199415

Journal Entry to record the issuance of bonds:

Cash a/c Dr $2199415

To Bonds Payable a/c $2000000

To Premium on the issue of bonds $199415

Bonds Payable amount is a liability account that carries the quantity owed to bondholders by way of the company. This account usually seems in the lengthy-term liabilities section of the stability sheet, on account that bonds usually mature in more than one year.

Learn more about Bonds Payable amount here: brainly.com/question/7158291

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6 0

2 years ago