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11Alexandr11 [23.1K]
3 years ago
15

The total of all accumulated and unpaid deficits a situation in which revenue exceeds outlays a situation in which outlays excee

d revenue the fee that borrowers pay to debt holders.
Business
1 answer:
Vaselesa [24]3 years ago
5 0

Answer:

  1. The total of all accumulated and unpaid deficits <em>is called debt.</em>
  2. a situation in which revenue exceeds outlays <em>is called surplus</em>
  3. a situation in which outlays exceed revenue <em>is called deficit</em>
  4. the fee that borrowers pay to debt holders <em>is called interest</em>

Explanation:

Debt, Surplus, Deficit, and Interest are all finance and budgeting terminologies.

                                                           

Periodically, and over a specific period of time, governments, organizations (for-profit and not-for-profit), formal and informal groups, create an estimate of expenses related to their operation as well as an estimate and source(s) of revenue to be generated in order to service such expenses. This activity is called Budgeting.

       

After a budget is created, it may be visited for review periodically to check for variances. A variance is simply the amount by which the estimated figures differ from the actual figures.

Cheers

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Answer:

Motivating objective              

Explanation:

In simple words, motivating refers to encouraging others to perform a job or task efficiently. It is generally performed by the executive level of employees in the organisation. It is done by teaching others about the incentives and perks they will get by performing the job or by fearing them with punishment. Motivations can be seen as a behavioral charge in an individual to give their hundred percent while performing the assigned task.

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3 years ago
The U.S. work week has declined from 60 hours in 1890 to 40 hours today. The impact of the decline in working hours:________
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Answer:

It will Decreases U.S. real GDP and on the other way round it will increases the well-being of a typical working person in the U.S.

Explanation:

The impact of the decline in working hours is that it will Decreases U.S. real GDP and on the other way round it will definitely lead to increase in the well-being of a typical working person in the U.S. because of the decline in the U.S work week which was formally 60 hours in the 1980 but now 40 hours today because a typical working person will have more time for him/her and the stress involved in working for 60 hours per week will reduce when compared with working for 40 hours per week because a typical working person in the U.S will preferred to work for 40 hours per week than 60hours per week for the betterment of their well being.

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3 years ago
These expenditures were incurred by Oriole Company in purchasing land: cash price $60,700, assumed accrued taxes $5,260, attorne
yulyashka [42]

Answer:

$76,050

Explanation:

Given that,

cash price = $60,700

assumed accrued taxes = $5,260

attorney’s fees = $2,170

real estate broker’s commission = $3,310

clearing and grading = $4,610

Cost of the land:

= cash price + assumed accrued taxes + attorney’s fees + real estate broker’s commission + clearing and grading

= $60,700 + $5,260 + $2,170 + $3,310 + $4,610

= $76,050

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3 years ago
Madrid Company plans to issue 9% bonds with a par value of $5,300,000. The company sells $4,770,000 of the bonds at par on Janua
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Answer and Explanation:

The journal entry are as follows

1. Interest expense $214,650

       To Cash $214,650

(Being the first interest payment is recorded)

The computation is shown below

= $4,770,000 × 9%  × 6 months ÷ 12 months

= $214,650

For recording this we debited the interest expense as it increased the expenses while on the other hand the cash is paid which reduced the cash balance so it is credited

2. Cash $530,000

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(Being the cash sale of bond is recorded)

For recording this we debited the cash as cash is received that increased the cash balance and at the same time we credited the bond payable

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3 years ago
Around the world oil is priced consistently in United States dollars. In economic terms this is an example of:
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Answer: unit of account

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The unit of account is function of money which refers to the standard monetary unit of measurement of a good or service.

Since oil is priced consistently in United States dollars around the world, this means that dollars is the standard monetary unit of measurement and is therefore, the unit of account.

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2 years ago
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