Answer:
a. Accounts Payable
Accounts payable have a credit balance and will increase under credit effect and decrease under debit effect.
b. Advertising Expense
Advertising expense has a debit balance and will increase in case of debit effect and decrease in case of credit effect.
c. Service Revenue
Service revenue will be credited and will increase in case of credit effect and decrease in case of debit effect.
d. Accounts Receivable
Accounts receivables will be debited and increase under debit effect and decrease under credit effect.
e. Retained Earnings
Retained earnings will be credited and will increase in case of credit effect and decrease in case of debit effect.
f. Dividends
Dividends will be debited which will lead to an increase in it under debit effect and decrease under credit effect.
Amounts withheld from employee's earnings for the employee income tax is considered a liability by the employer until the government is paid
What is liability?
Liability means the obligation that one party owes another, whose settlement requires the indebted party to transfer cash or equivalent value of other benefits commensurate to the liability to the other party.
In this case, the employees owe the government income taxes, whereby the employees have discharged the obligation by having the employers deduct them from their earnings.
The onus is now on the employers to make payments in respect of the income taxes withheld to the tax authority, prior to which the taxes are treated as the employer's liability.
Find out more about liability on:brainly.com/question/17090843
#SPJ1
Missing options:
(A) assets. (B) liabilities. (C) salary expense. (D) revenue.
Business management<span> trains people for managerial roles in technology, retail, education, government and other sectors.</span>
To
determine the net requirement for c, we determine first the number of c’s that
are required for the production of a and b given that there are already 25
units of b available.
<span> Number of c needed = (50 units of a)(2
c/unit of a) + (60 – 25 units of b)(5 c/unit of b)</span>
<span> Number of c needed = 275 c’s</span>
There
are currently 160 units of c; hence,
<span> Net requirement for c = 275 c – 160 c</span>
<span> Net requirement for c = 115</span>
<span>Answer:
115</span>
Answer:
Biotechnology: Technology that applies the power of microbes toward the manufacture of industrial products, foods, and drugs
Bioremidation: Process that involves the introduction of microbes into the environment to restore stability or to clean up toxic pollutants
Genetic Engineering: Newer technology that manipulates the genetics of microbes, plants, and animals to create new products and genetically modified organisms (GMOs)
