Answer:
the formation of a labor union
Explanation:
Labor unions are often formed for this purpose. Workers have more power when they join together in a union. This way they are able to demand higher wages and other things like better working conditions.
Answer and Explanation:
Revenue recognized - $192. Revenue title - "Interest revenue" This is answered considering that the bank follows accrual basis of accounting. Therefore, as the bank has earned the interest by lending to the company, it can recognize the interest revenue. And as it is a bank, the interest revenue would be shown under the "Revenue" section as its main business is lending. The principal will not be revenue at all as it is an Asset and will be regarded as Accounts Receivable.
Answer:
Sooner Company
Trial Balance
For the month ended April 30, 202x
Debit Credit
Cash $2,600
Accounts Receivable $4,800
Prepaid Rent $6,100
Land $47,000
Accounts Payable $3,000
Deferred Revenue $1,650
Common Stock $27,000
Retained Earnings $19,750
Service Revenue $24,100
Salaries Expense $6,900
Supplies Expense $8,100
Totals $75,500 $75,000
When you are preparing a trial balance, you must report the accounts with their normal balances, e.g. assets have a normal debit balance while equity has a normal credit balance.
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