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3 years ago

5

Aamir is preparing a research paper. he needs to insert a parenthetical reference that gives credit to the source of a quotation

. what is the best way for him to achieve this?

1 answer:

GenaCL600 [577]3 years ago

3 0

Answer:

Insert a citation is the correct answer.

Explanation:

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Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fibergla

Aneli [31]

Answer:

b. 104

Explanation:

" Arona uses a weighted-average process cost "

Equivalent units as the materials are added entiely at the beginning of the process the equivalent untis will match the physical units:

84 complete and transferred + 20 ending inventory = 104

under weighted average the ocompany's don't make the difference among started and started and complete like in FIFO

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3 years ago

Social considerations can be used to justify ____

Yuki888 [10]

Answer:

A) Allowance of a credit for child care expenses - child care is an important part of social policy, and many experts argue that it should be free in order to promote healthy demographics and social cohesion.

C) Allowing accelerated amortization for the cost of installing pollution control facilities - this would make said pollution control facilties cheaper, and less pollution is a social concern and a social policy because it benefits society as a whole. (Pollution is the most common example of externality).

D) Allowing a Federal Income Tax deduction for state and local taxes - as long as these deductions are applied progressively, ideally, only to poor people.

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2 years ago

Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $10.

Crank

Answer:

Vanishing Games Corporation (VGC)

1. Analysis of the effect of transactions on the accounting equation:

Assets = Liabilities + Equity

Assets (Cash) increases +$52,500 and Assets (Accounts Receivable) decreases -$52,500 = Liabilities + Equity.

b. Assets (Cash) increases +$235,000 = Liabilities + Equity (Retained Earnings) increase + $235,000.

c. Assets (Equipment) increases +41,900; Cash decreases -$12,000 = Liabilities (Notes Payable) increase +$29,900 + Equity.

d. Assets (Cash) decreases -$15,600 = Liabilities + Equity (Retained Earnings) decrease - $15,600.

e. Assets (Cash) increases + $50,500 and (Accounts Receivable) increases + $50,500 = Liabilities + Equity (Retained Earnings) increase + $101,000.

f. Assets = Liabilities (Accounts Payable) increase +$5,900 + Equity (Retained Earnings) decrease -$5,900.

g. Assets (Cash) decreases - $310,000 = Liabilities + Equity (Retained Earnings) decreases - $310,000.

h. Assets (Supplies) increase + $5,100 = Liabilities (Accounts Payable) increase +$5,100 + Equity.

i. Assets (Cash) decreases - $5,100 = Liabilities (Accounts Payable) decrease - $5,100 + Equity.

2. Journal Entries:

a. Debit Cash Account $52,500

Credit Accounts Receivable $52,500

To record cash from customers.

b. Debit Cash Account $235,000

Credit Service Revenue $235,000

To record cash for service revenue.

c. Debit Equipment $41,900

Credit Cash Account $12,000

Credit Notes Payable $29,900

To record purchase of 10 new computer services

d. Debit Advertising Expense $15,600

Credit Cash Account $15,600

To record payment for advertising.

e. Debit Cash Account $50,500

Debit Accounts Receivable $50,500

Credit Service Revenue $101,000

To record subscriptions for services sold.

f. Debit Utilities Expense $5,900

Credit Utilities Payable $5,900

To record utilities expense.

g. Debit Wages & Salaries Expense $310,000

Credit Cash Account $310,000

To record wages paid.

h. Debit Supplies Account $5,100

Credit Accounts Payable $5,100

To record purchase of supplies on account.

i. Debit Accounts Payable $5,100

Credit Cash Account $5,100

To record payment on account.

3. T-Accounts:

Cash Account

Beginning Balance $2,360,000 c. Equipment 12,000

a. Accounts Receivable 52,250 d. Advertising Expense 15,600

b. Electronic Arts, Inc. 235,000 g. Wages & Salaries 310,000

e. Service Revenue 50,500 i. Accounts Payable 5,100

<u> </u> Balance c/d <u> 2,355,050</u>

<u>2,697,750</u> <u>2,697,750</u>

Balance b/d 2,355,050

Accounts Receivable

Beginning Balance 152,000 a. Cash 52,250

e. Service Revenue <u>50,500</u> Balance c/d <u>150,250</u>

<u>202,500</u> <u>202,500</u>

Balance b/d 150,250

Supplies

Beginning Balance 19,100 Balance c/d 24,200

Accounts Payable <u> 5,100</u> <u> </u>

<u>24,200</u> <u>24,200</u>

Balance b/d 24,200

Equipment

Beginning Balance 948,000 Balance c/d 989,900

c. Cash 12,000

c. Notes Payable <u>29,900</u> <u> </u>

<u>989,900</u> <u>989,900</u>

Balance b/d 989,900

Land

Beginning Balance 1,920,000

Building

Beginning Balance 506,000

Accounts Payable

i. Cash 5,100 Beginning Balance 109,000

Balance c/d <u>109,000</u> h. Supplies <u> 5,100</u>

<u>114,100</u> <u>114,100</u>

Balance b/d 109,000

Unearned Revenue

Beginning Balance 152,000

Advertising Expense

d. Cash 15,600

Utilities Expense

f. Utilities Payable 5,900

Utilities Payable

f. Utilities Expense 5,900

Wages & Salaries Expense

g. Cash 310,000

Service Revenue

b. Cash 235,000

Balance c/d 336,000 e. Cash 50,500

<u> </u> e. Accounts Receivable <u> 50,500</u>

<u>336,000</u> <u>336,000</u>

Balance b/d 336,000

Notes Payable (due 2018)

Balance c/d 109,900 Beginning Balance 80,000

<u> </u> c. Equipment <u>29,900</u>

<u>109,900</u> <u>109,900</u>

Balance b/d 101,000

Common Stock

Beginning Balance 2,200,000

Retained Earnings

Beginning Balance 3,364,100

4. Trial Balance as at January 31:

Debit Credit

Cash $2,355,050

Accounts Receivable 150,250

Supplies 24,200

Equipment 989,900

Land 1,920,000

Building 506,000

Advertising expense 15,600

Utilities Expense 5,900

Utilities Payable $5,900

Wages & Salaries 310,000

Service Revenue 336,000

Notes Payable 109,900

Accounts Payable 109,000

Unearned Revenue 152,000

Common Stock 2,200,000

Retained Earnings <u> </u> <u>3,364,100</u>

Total <u>$6,276,900 </u> <u>$6,276,900</u>

Explanation:

a) Note: the adjustment of the Utilities could have been eliminated to produce the same result, with totals reduced by $5,900.

5 0

3 years ago

How do banks create money?

Dafna11 [192]

Answer:

Commercial banks, required reserve, loans, deposits, create.

Explanation:

The main function of commercial banks is to accept deposits and then to lend the same money (minus required reserves) back out. Banks make a profit by charging a higher interest rate on loans than the interest rate they pay on deposits. Through the loan process, banks are actually able to create money.

The major function of commercial banks is

1. Accepting deposits from people and business organzations.

2. Giving loans to Customers to be paid at a specific period of time at an agreed interest rate.

Required reserve is the minimum amount of money which in required for a commercial Bank to hold/save out of every deposit. If the required reserve is 10% of every deposit, a customer customer deposited $100. The required will be $10 which the bank will hold. The remaining $90 is the balance which banks can loan out to Customers.

Commercial Banks make profit by charging a higher interest rate on loan and lower interest rate on deposits. For example: 7.5% interest rate on loan and 2.5% interest rate on deposits. The 5% difference is the bank Profit.

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3 years ago

Which of the following is an advantage that shopping at a physical store has over shopping online?

krok68 [10]

Answer:

A. Personal help and interaction wider.

Explanation:

Due to the physical contact and getting to physically recognise each other, the familiarity increase the level of personal relationship.

5 0

3 years ago