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Dominik [7]
3 years ago
11

Julie Lambert has a large consulting practice. New clients are required to pay one-half of the consulting fees up front. The bal

ance is paid at the conclusion of the consultation. How does Lambert account for the cash received at the end of the engagement
Business
1 answer:
chubhunter [2.5K]3 years ago
7 0

Answer: cash, earned consulting revenue

Explanation:

Lambert account for the cash gotten from clients through cash, earned consulting revenue. After several business has been done there would be an account of how payments where made, from this, records can be taken how cash where being payed through the records of transfers and payment.

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On July 1, 2018, Fred City ordered $1,500 of office supplies.They were to be paid for out of the general fund. Entry under:
mel-nik [20]

Answer:

A) Dr. Encumbrances – Office supplies              No entry

Cr. Encumbrances outstanding

Explanation:

The journal entry is given below;

For Governmental fund financial statements

Encumbrances-Office Supplies $1,500  

      To Encumbrances Outstanding $1,500

(Being Office Supplies ordered  is recorded)

For Government-wide financial statements

No journal entry is required as under the accrual accounting, no entry should be recorded until the transaction does not arise

Therefore the option a is correct

6 0
3 years ago
Wayne worked in an office. He had no criminal record, had never had a complaint made against him about his work or his conduct,
boyakko [2]

Answer:

A) there was no way to foresee that the incident would happen.

Explanation:

Wayne hadn't done anything wrong before in the company, his behavior at the workplace could be described as very good; no complaint in 20 years and no criminal record what so ever. If Wayne was frustrated about his job, he disguised it very well. No one can predict this type of behavior if the person shows no prior signs of violence or frustration.

6 0
3 years ago
Kicks corporation sells running shoes and during janurary they ran production machines for 20000 total hours and incurred 9000 i
Dafna11 [192]

Answer:

$0.3 per machine hour

Explanation:

The computation of the variable maintenance cost per machine hour using the high low method is shown below:

Variable cost per machine hour = (High maintenance cost - low maintenance  cost) ÷ (High machine hours - low machine hours)

= ($9,000 - $7,200) ÷ (20,000 machine hours - 14,000 machine hours)

= $1,800 ÷ 6,000 machine hours

= $0.3 per machine hour

7 0
3 years ago
The roots of today's anthropology emerged from very early accounts of travelers in previous centuries. what about these accounts
NISA [10]
Early accounts of ethnic groups and their cultures and habits came from scientific travelers like George M. Dawson who became director of the Geological Survey of Canada. In his travels in Canada to explore its mineral potential, he encountered many native groups who he described and also wrote of their languages so this is an example of how early travelers laid the foundation for the studies of later anthropologists. 
5 0
3 years ago
Eliminating waste, selling products that are produced with sustainable methods, and installing natural power generation illustra
Aleksandr-060686 [28]

Answer:

option "C" is the correct answer for the following statement.

A knowledge-based approach.

Explanation:

The Knowledge-Based Approach. Information-Based Training is a method that includes trying to adapt hypotheses, knowledge, and customs from a wide range of scientific fields and implementing them whenever suitable for the training engagement.

There were several benefits to portraying information directly through rules: Development and preservation.  

  • Explaining.  
  • Purpose.

6 0
3 years ago
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