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Nonamiya [84]
3 years ago
15

Kumi, your coworker, has been working on his taxes for the last two months. If Kumi gets audited this year, he is likely to beli

eve that it happened because of an
Business
1 answer:
zavuch27 [327]3 years ago
8 0

Answer: external cause

Explanation:

Based on the information that's provided in the question, if Kumi gets audited this year, then he is likely to believe that the reason for the audit is due to an external cause, like the tax program that was used in the preparation of his taxes.

In such case, we can infer that the perception of Kumi is being influenced due to self-serving bias.

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Blue Spruce Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the busi
dlinn [17]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr,                             $26,100

         To Common stock               $26,100

(Being Cash in exchange of common stock is recorded)

2. No Journal Entry is required

3. Office rent expenses Dr,   $1,305

           To cash                                $1,305

(Being is office rent is recorded)

4. Accounts receivable Dr,    $1,885

          To Accounts payable           $1,885

(Being architectural supplies is recorded)

5. Accounts receivable Dr,   $2,755

         To Service revenue                $2,755

(Being  service revenue is recorded)

6. Cash Dr,                              $1,015

           To Unearned revenue       $1,015

(Being cash is recorded)

7. Cash Dr,                              $4,060

         To Service revenue               $4,060

(Being cash is recorded)

8. Salary expenses Dr,            $2,176

          To Cash                                  $2,176

(Being salary expenses is recorded)

9.Accounts payable Dr,           $435

             To Cash                              $435

(Being accounts payable is recorded)

3 0
3 years ago
Cash markets are also known as Group of answer choices speculative markets spot markets dollar markets derivative markets
alukav5142 [94]

Answer:

<em>Cash markets are also known as</em><em> </em><em><u>spot</u></em><em><u> </u></em><em><u>markets</u></em>

________________________________

<em>Spot </em><em>markets</em><em> </em><em>are</em><em>:</em><em> </em><em>markets </em><em>designed </em><em>to</em><em> </em><em>attract</em><em> </em><em>speculator.</em>

8 0
2 years ago
You have been placed in charge of a large project. Shortened communication lines are required to ensure quick resolution of prob
Sphinxa [80]

Answer:

Pure project

Explanation:

A pure project management structure is one in which a team works full time on a project and the project manager of such project has full control of the project with very little control/interference from the top management levels.

This lesser interference from top management levels the more control and flexibility of the project managers towards accomplishing the project.

Cheers.

6 0
3 years ago
Paci Restaurants accepts credit and debit cards as forms of payment. Assume Paci had $14, 000 of credit and debit card sales on
vivado [14]

Answer:

1) assuming that the credit card company's payments are immediate (1 business day)

April 30,2015, net credit and debit card sales

Dr Cash 13,580

    Cr Sales revenue 13,580

2) assuming that the credit card company's payments are immediate (1 business day)

April 30,2015, gross credit and debit card sales

Dr Cash 13,580

Dr Credit card fees 420

    Cr Sales revenue 14,000

8 0
3 years ago
Haystack, Inc. manufactures machinery used in the mining industry. On January 1, 2017 it leased equipment with a cost of $480,00
HACTEHA [7]

Answer:

$175,808

Explanation:

P=R (1-(1+i)^-n)/i

Where P=780,000*90%=$702,000

R=?

i=8%

N=5 years

By putting above values in formula, we get

P=R(1-(1+.08)^-5)/.08

702,000=R*3.993

R=702,000/3.993

R=$175,808

3 0
3 years ago
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