Answer:
Explanation:
1. The computation of the balance in retained earnings is shown below:
= Beginning retained earning balance + adjusted net income
where,
Beginning retained earning balance is $780,000
And, the adjusted net income is = Inventory × ( 1 - tax rate)
= $60,000 × (1 - 40%)
= $36,000
Now put these values to the above formula
So, the value would equal to
= $780,000 + $36,000
= $816,000
2. The journal entry is shown below:
Inventory A/c Dr $60,000
To Retained earning A/c $36,000
To Tax payable A/c $24,000
(Being inventory is adjusted and the remaining balance is credited to tax payable account)
Answer:
what are you asking us to do?
Explanation:
Tonya's company set up a booth at the college job fair to identify spring graduates who might be candidates for employment. This is an example of recruiting.
- Give candidates a chance to interact directly with the employer. Give a company the chance to evaluate the skills of a possible employee.
- All businesses must generally decide on three aspects of hiring: personnel policy, sources of hiring, and the traits and conduct of the recruiter.
- To assist your company in gaining a competitive edge through enhanced productivity, performance, and efficiency.
Employees' knowledge and abilities should be improved for their existing roles-
- Professional education
- Mentoring and coaching.
- Cross-disciplinary instruction.
- Creation of "soft skills"
Learn more about recruiting brainly.com/question/13622355
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Product Liability Law is the legal obligation of sellers to pay damages to individuals who are injured by defective or unsafe products.
Answer: Option A
Explanation: In simple words, elasticity refers to the change in demand for a product due to change in its price.
If the price for the gasoline remains high in the long run then at one point substitution effect will come into play and consumers will shift their demand to the alternatives available.
However the product like gasoline will not show decrease in demand in the short run due to price as it more of an essential good to daily life.
Thus, the correct option is A.
