Answer:
Explanation:
Im prettier sure if u add them with a calculator it could come out with the answer and it may add up too the correct answer
Answer:
Part 1
Dr Lease rentals $300........ Expense
Cr Cash Account $300
Part 2
Dr Leased Equipment $63,536
Cr Finance Lease Liability $63,536
Explanation:
Part 1. Under the operating leases the lessee pays the monthly rentals which must be accounted for as an expense and the double entry is as under:
Dr Lease rentals $300........ Expense
Cr Cash Account $300
Part 2. Under the finance lease agreement, the lessee pays the value of the asset and the interest as well. So after the date of agreement when the asset is handed over the journal entry would be recording of the equipment received, which would written at its fair value or present value of the payments made. The journal entry would be:
Dr Leased Equipment $63,536
Cr Finance Lease Liability $63,536
The Seven Dream concept of the Seven Eleven convenience store is a good supply chain concept that targets e-commerce customer. While most of the e-commerce portal are successful these days, 7 Dream comes as an unique inception. This allows customer to order via online and collect from the store deliveries at their convenience as well. The concept is seem to be more preferred in Japan, where customers have preference towards store delivery of the shipped goods. In fact, the 7- eleven in Japan is more successful than any other countries where the franchise has its stores open.
From the supply chain perspective, I think 7dream concept will be more successful in Japan than in USA. The reason being the urban customer of Japanese market and convenient access for them to store and pick up. For place like USA, where population is sparsely distributed to large area, this supply chain concept will not be very effective. For Suburban population, this model will be very inconvenience as they have to drive a long way to store to collect their deliveries, which they could have easily got home delivered via other such services.
Answer:
The correct answer is: Organic organizational structure
Explanation:
Organic organizations, also known as the organismic organization, is a flexible organizational structure that is capable of adapting the incorporated changes.
In such an organization, there is <u>minimum job specialization and hierarchy.</u> The workers of an organic organization have <u>no job descriptions and rigid procedures</u>. It contains <u>multi-talented workers that are capable of performing variety of tasks. </u>
Therefore, an organic organization is the most adaptive organizational structure as it can quickly adapt and respond to changes in environment.
<u>Therefore, Phone Tech is utilizing an </u><u>organic organizational structure.</u>
In the case of the scenario given above, the most appropriate action to take is to THANK THE TAX PAYER AND EXPLAIN THAT YOU CAN NOT ACCEPT ANY PAYMENT FOR YOUR SERVICES.
The principal mission of VITA/TCE [Volunteer Income Tax Assistant /Tax Counselling for the Elderly] is to assist tax payers in filling tax forms correctly without collecting any money from them. Thus, it is part of the standard of the program that volunteers should never accept any form of payment or solicit for donations in return for the services that they render.
