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Oliga [24]
3 years ago
15

When preparing government-wide financial statements at the end of the fiscal year, Meen County recorded an adjusting entry for s

alaries of $8,500,000. The salaries for 1 week, $13,700,000, were paid on the first Friday of the new fiscal period. The entry to record payment of salaries for the week is
Business
1 answer:
s2008m [1.1K]3 years ago
5 0

Explanation:

Data provided as per the question below:-

Salary payable = $8,500,000

Salaries for 1 week = $13,700,000

The Journal Entry is shown below:-

Salary expense Dr,          $5,200,000

Salary payable Dr,           $8,500,000

       To Cash                                   $13,700,000

(Being payment of salaries for the week is recorded)

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What kind of policy can a company implement that can help diminish the activity of sending unsolicited email?
klemol [59]

Answer:

anti-spam policy

Explanation:

Spam emails are unsolicited emails that are usually sent to a large number of people. Therefore, if the company is trying to reduce unsolicited emails (spam) it should carry out an anti-spam policy.

The problem with spam is that it creates a negative image of the company, since current or potential clients can get annoyed by receiving so many unsolicited emails with advertisements or promotions. Instead of helping the company, spam email damages its.

8 0
2 years ago
Two​ firms, A and B​, must each choose either a low price or a high price for their product. The payoff matrix shows the profit
ahrayia [7]

Answer: 1. A.Both firms will choose the low price.

2. B. Both firms would choose the high price.

Explanation:

1. If the firms cannot cooperate with each other and must choose simultaneously, both firms will choose the low price.

This is because at the low price both of them are at the highest profit they can make when they are not cooperating. For instance, if Firm B chooses Low Price and Firm A chooses High Price, Firm A will make $3 million while Firm be will make $8 million.

If Firm B decides to have a high price then firm A will take the low price and make $8 million in profit while Firm B makes $4 million. If they are not working together, they will both have to take the low price to make the most profit.

2. If the firms could cooperate with each​ other, both firms would choose the high price.

The is because they will be making more than competing and getting a lower profit. Should they cooperate they will each get $7 million in profit because they will pick the option they can both make the highest profit at. The is better than competing and making only $5 and $6 million respectively.

If you need any clarification do comment. Cheers.

4 0
2 years ago
What is Average cost
Vladimir79 [104]
Arvrage cost is the total cost divided by the number of units.
5 0
3 years ago
According to classical economic theory, a market economy: Select one: a. is self-regulating b. will automatically adjust to the
abruzzese [7]

Answer:

A. Is self regulating

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3 years ago
Banks make a profit by
Neporo4naja [7]
When people take money out of the bank, they have to pay them back with a little more and interest is why.<span />
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3 years ago
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