Explanation:
since it's given that
Acquiring value of the vacant lot =$115,000
Sale value of the vacant lot in cash=$298,000
Since the sale value is more than the Acquiring value which reflects the increment in the asset for $183,000 due to which the profit is also increased for $183,000 i.e. retained earnings
Now the effect is shown below
1. Assets = increase = $183,000
2. Liabilities = no change = $0
3. Stockholder Equity = Increased= $183,000
Answer:
$238,148
Explanation:
Total expenses:
= Inventory purchased + Salaries expense + Interest expenses + Insurance expense
= $85,000 + $15,000 + $3,300 + $3,900
= $107,200
Net income:
= Total revenue - Total expenses
= $300,000 - $107,200
= $192,800
Net income after tax:
= Net income - Taxes
= $192,800 - ($192,800 × 9%)
= $192,800 - $17,352
= $175,448
Cash balance:
= Net income after tax - Amount not collected on accounts receivable + Amount not paid on purchases - Prepaid insurance + Money invested by owners + Money borrowed
= $175,448 - $19,900 + $26,500 - $3,900 + $30,000 + $30,000
= $238,148
Answer:
The correct answer to the following question is option b) Separation of functions.
Explanation:
In a retail environment , the cash management process starts when a customer pays the cashier for the product or services he or she has purchased. The cashier then counts the cash in till drawer and then at end of the day cashier takes that cash to the third party who can be either manager or owner or a supervisor. Then cashier would receive a receipt against the cash for till drawer.
Now supervisor would collect cash from all the cashier and prepare the cash to be deposited in bank. So from this process it is quite clear that here there is separation of functions here and while all other options given in the question are present in the process.
<span>A company wins a contract to be the sole provider of phone and cable television service for a city.</span>
These policies are examples of <u><em>"work-life balance".</em></u>
Employees always want to balance work with rest of the activities they wish to seek after throughout everyday life. Work balance is particularly essential to your millennial representatives who are accustomed to packing their days with differing exercises and hours of electronic correspondence.
Work-life balance is an idea that portrays the ideal of splitting one's time and energy among work and other critical parts of their life. Accomplishing work-life balance is a day by day challenge. It can be difficult to set aside a few minutes for family, companions, network cooperation, self-improvement, self-care, and other individual exercises, notwithstanding the requests of the working environment.
