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vesna_86 [32]
3 years ago
9

Which type of adjusting entry is used to record a payment a company has not yet made for a service it received?

Business
1 answer:
givi [52]3 years ago
5 0

Answer:

C. Accrued expense

Explanation:

Because the expense has already been incurred, but not yet paid, it is an accrued expense.

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After studying the differences between groups and teams, Devon realizes that she and the people she works with every day fall so
Anvisha [2.4K]

Answer:

a. semi-autonomous

Explanation:

Semi autonomous has a dictionary meaning that states being independent to some defined extent.

In the given instance also Devon thinks that her colleagues or coworkers are somewhere between the two categories, that is up to a certain extent they are really independent in their views. While on the other hand, at some situations their views depend on the things like views of coworkers.

Thus, using the term that the coworkers are semi autonomous is correct as to the concern they can exercise their own powers in half way.

4 0
3 years ago
Cost-benefit analysis attempts to A. compare the real worth, rather than the market values, of various goods and services. B. co
statuscvo [17]

Answer:

<u>Letter D is correct. C</u>ompare the benefits and costs associated with any economic project or activity.

Explanation:

A cost-benefit analysis is a business approach used to ascertain the main strengths and weaknesses of an organization as a whole. This includes the process of all organizational activities, transactions, and other substantial requirements for the company. The purpose of this approach is to compare the benefits and costs associated with the organization's activities and find ways to reduce costs, time and maximize earnings.

8 0
3 years ago
On April ​3, a customer returned $ 900 of merchandise that had been purchased with cash to Cooke Supplies. Cooke​'s cost of the
PIT_PIT [208]

Answer:

The Journal entries are as follows:

(i) Sales revenue A/c  Dr. $900

          To Cash  $900

(To record the correction in sales revenue)

(ii) Merchandise Inventory A/c  Dr. $200

           To Cost of Goods sold  $200

(To record the merchandise returned)

Note:

(1) At the time of sale, the cash would have been debited with the amount of $900 and the sales revenue would have been credited with the amount of $900. Now, the cash of $900 should be credited as it was debited earlier.

(2) The inventory account also credited at the time sale, so it should be debited and the cost of goods sold debited at the time of original sale, so it need to be credited.

4 0
3 years ago
An angry customer approaches a supermarket associate to complain. After hearing the complaint, what is the first thing the assoc
BaLLatris [955]

Answer: The associate should say something like " I understand why you feel that way. How can I improve or fix this situation for you?" and try to diffuse the situation. After the customer leaves, the supermarket associate should report this to the manager.

Hope this helps!  :)

Explanation:

8 0
3 years ago
All of the following are examples of current account transactions EXCEPT: Elimination Tool Select one answer A The United States
9966 [12]

Answer:

E

Explanation:

the current account of a country measures the value of the trade balance, transfers and the net income

the component of the current account includes

trade balance - it measures the value of the  import and export of goods and services of a country.

net income - measures the value of the income received by a country's residents less the income paid to foreigners

transfers - it includes income sent home by a country's citizens working outside the country

Asset income - measures changes in the asset income

this transaction - China purchases $10 billion of United States government securities - would be included in the capital account

7 0
3 years ago
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