Answer: This is a habit because it is something fine daily with no reminder, apart of his/ her day. It's self discipline because it is something done by his/ her own regard no force from anyone else required. He/she has set a goal for him/ her self and had a daily routine in place for achieving that goal.
Explanation:
The most basic form of production are products from nature or grown using natural resources otherwise known as the most basic form of production
Answer:
C. Accounting Identity is: Assets = Liabilities + Owners' Equity.
Answer:
Statement (A) is NOT correct.
Explanation:
(A) This statement is not correct.
A P-chart is basically used to control or check for odd situations or defective items in a group. In this case (or statement), nothing represents defectiveness, instead the company wants to check for average satisfaction in future samples.
(B) This statement is correct.
Time frame = 30 days; Temperature range = -30°C - 100°C
So the lab assistant measured the temperature of the specimen for each of the 30 days. The recorded data can be used to track the average temperature for future samples of that specimen. X-bar charts are used to track the mean or average of processes that occur within a time frame; from the present time to a future time or from a given specimen to another.
(C) Correct.
Another name for fishbone diagram is Ishikawa Diagram. This diagram comes in the shape of a fish.
(D) Correct.
Another name for Cause & Effect Diagram is Ishikawa Diagram. This simple diagram is used to show the causes of a phenomenon and the effects of same phenomenon.
Answer:
The journal entries are as follows:
(a) Bad Debt expenses A/c Dr. $2,756
To Allowance for Doubtful debts $2,756
(To record the bad debt expense)
Workings:
Bad debt expense = ($154,900 × 4%) - $3,440
= $6,196 - $3,440
= $2,756
(b) Bad Debt expenses A/c Dr. $7,776
To Allowance for Doubtful debts $7,776
(To record the bad debt expense)
Workings:
Bad debt expense = ($154,900 × 4%) + $1,580 debit balance
= $6,196 + $1,580
= $7,776