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3 years ago

Which of these is the BEST example of a person who is an entrepreneur?

Business

2 answers:

ANEK [815]3 years ago

4 0

I would say it’s C. Hope this helps!!

strojnjashka [21]3 years ago

3 0

Answer:

I think it's C or D

Explanation:

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Failure to prepare an adjusting entry at the end of a period to record an accrued revenue would cause:A)net income to be oversta

klemol [59]

Answer:

B) An understatement of assets and understatement of revenues

Explanation:

Accrued revenues are revenues that are earned but are still collectible.

That means the adjusting entry should have been:

Debit to Accounts Receivable and

Credit to Revenue

If the company failed to prepare this adjusting entry then the Accounts Receivable will not be recorded and thus will understate the Asset since Accounts Receivable is an Asset.

The same goes for revenue, if not recorded, will understate Revenue.

3 0

3 years ago

Where can I get help for AS Accounting?

pochemuha

You can get help Online or at a college for AS accounting

5 0

3 years ago

The company allocated manufacturing overhead of using a predetermined overhead rate of per machine hour. The total actual manufa

blagie [28]

Answer:

Instructions are below.

Explanation:

Giving the following information:

We weren't provided with enough information to answer, but, I can provide with an example and formulas to guide an answer.

For example:

Estimated overhead for the period= $1,500,000

Estimated machine-hours= 55,000

Actual machine-hours= 62,000

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,500,000/55,000

Predetermined manufacturing overhead rate= $27.27

Now, we can allocate overhead based on actual hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 27.27*62,000

Allocated MOH= $1,690,740

4 0

3 years ago

Which of the following tells you how much your credit card interest will be if you only pay the minimum balance each month? A La

PIT_PIT [208]

The answer is D
because it tells u the percentage rate of how much u would be getting back

3 0

4 years ago

How can a renter reduce the amount of money he or she spends on monthly

DIA [1.3K]

Answer:

Option C.

Explanation:

From the options given above, the correct way a renter can reduce their rent it to get a roommate or roommate. Getting just one roommate can help to reduce your basic living expenses by 30%.

This is achievable because various costs like rent, utilities, and even groceries can be shared among the roommates.

The only downside to this method is the lack of privacy that comes with having roommates. But in general, having roommates is a sure way for renters to spend less, or live in a nicer location.

4 0

3 years ago