The T-Account can be made as follows with the credit of $3,754. The expenses are deducted from the balance as the total credit available.
<h3 /><h3>What is Expense?</h3>
Expenses are the costs that are paid by businesses, these costs are incurred for the operations of business. The expenses are paid from the cash/ bank balance available at the business.
It is recommended that the expenses are in a control and are lower than the revenue generated by the business.
T-Account
Operating Expense Account
$420
$250
$100
$250
Petty Expenses Account
$150
$100
Asset Account
$1500
$650
$334
The account are made according to the nature of expenses, there are two expenses that are not to be classified as an expense instead they need to be treated as a capital expenditure that is to be posted in Asset account.
Expenses with one off event and small amount and in general in nature are posted in petty expenses
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A worker’s positive reaction to a negative performance review from an employer might be option A "ignore the criticisms made at the review." Option A seems to be the best fit for this question because option B would I consider a negative reaction because addressing the employer over the negative review could start a fight and the other two seem too irrelevant for this question.
Hope this helps.
Answer:
$5,354,741
Explanation:
assets:
cash $3,290,558
inventory $2,657,360
accounts receivable $577,102
fixed assets $4,019,047
total assets = $10,544,067
liabilities:
accruals $576,944
accounts payable $2,519,541
notes payable $610,904
long-term debt $1,481,937
total liabilities = $5,189,326
equity = assets - liabilities = $10,544,067 - $5,189,326 = $5,354,741
Answer:
If you enter a road from a driveway, alley or roadside you must:
Yield to vehicles already on the main road.
Explanation:
The concept of right to way is supposed to be understand since there are no law that actually grants the right of way since it only states when the right of way is to be yielded. This concept has to be considered and well understood by all motorists to avoid conflict on roads. These conflicts often cause accidents which can lead to possible loss of life. Thus the rules governing right of way have to be taken very seriously to minimize the probability of accident.
In the following cases the right of way has to be yielded;
1. When one is at a yield sign for example; a stop sign
2. At a pedestrian crosswalk
3. At intersections that don't have traffic lights or where there is uncontrolled movement
4. At T intersections where one has to yield to motorists already on the main road
5. When one needs to turn left into the main road, one needs to yield to oncoming vehicles on the main road
6. One one is moving from a parking lot to the pavement
In our case, rule number four applies since one needs to enter from a driveway alley or roadside to the main road. This means that one on the driveway needs to yield to vehicles already on the main road.
