Answer:
Credit to Prepaid insurance for $400 and Debit to Insurance expense for $400
Explanation:
The journal entry is given below:
Insurance expense ($4800 × 1 ÷ 12) $400
Prepaid Insurance $400
(To record insurance expense)
Here the insurance expense is debited as it increased the expense and credited the prepaid insurance as it decreased the assets
Explanation:
A supply chain can be defined as the management of an integrated business network as people, activities, resources and information whose objective is to transport the product or service from suppliers to the customer.
Management must take place strategically, so that the product or service reaches the customer in the right way, in the right quantity and at the right time. Therefore, it is ideal for companies to seek knowledge of each stage of the chain's execution to achieve advantages such as reduced costs and losses.
An effective strategy would be to implement technological systems for tracking and monitoring cargo transports to prevent fraud and obtain greater control over activities.
<span>Which skills would be the most beneficial for a computer help desk technician?
</span>
<span>B. research skill</span>
Answer:
The result of the disposal transaction is neither a loss or a profit
Explanation:
The expression for the book value is as shown;
B.V=P.C-A.D
where;
B.V=book value
P.C=purchase cost
A.D=accumulated depreciation
In our case;
B.V=unknown
P.C=$48,000
A.D=$31,000
replacing;
Book value=48,000-31,000=$17,000
The profit or loss from the sale of the machine, can be expressed as;
profit/loss=sales price-book value
where;
sales price=17,000
book value=17,000
profit/loss=17,000-17,000=0
The result of the disposal transaction is neither a loss or a profit
Answer:
True
Explanation:
A vision is something that can be seen so that will people can be motivated to move towards it. An effective vision is a vision that has a direction, clear, purposeful, challenging, unique and inspiring to people working towards the vision.
Important characteristics of an effective vision is that it be purposeful and challenging. An effective vision is said to be purposeful when it the organisation and its people derive a a larger sense of purpose from it making them to feel as part of something bigger. An effective vision is challenging when it challenges, stretches and sets a high standard for the company.
Therefore, an effective vision stretches and challenges people and can result in increased innovation as illustrated by Apple's CEO Steve Jobs.