Answer:
d. Shareholders equity increases $ 16,000
Explanation:
Two months rent needs to be adjusted. The total payment made was for $ 48,000 for a six month period. The monthly rent is $ 48,000/6 = $ 8,000
The adjustment amount is thus $ 8,000 * 2 months = $ 16,000
The adjusting entry is:
Rent expense Debit $ 16,000
Prepaid rent Credit $ 16,000
So this results in decrease in prepayment and an increase in rent expense. \Due to an increase in expenses, the net income decreases by the same amount.
The only option of increase in shareholders equity, is not valid as a reduction in net income shall result in a decrease in shareholders equity.
South Africa's National Youth Development Agency has launched the Ithubalentsha Micro Enterprise Programme, which will provide young aspirant and established entrepreneurs with training, mentorship, micro-enterprise finance, market linkages and access to business opportunities.
Answer:
Chiquita makes an economic profit of $250,000.
Answer: Matrix
Explanation:
The matrix organizational structure is one of the type of company structure that producing various types of products and the services by an organization and the reporting relations are get up according to the company matrix.
In this system the employees report both functional manager and as well as the project manager.
The main advantage of the organizational matrix is that it helps in create the large scale projects more efficiency by organizing the each functional structure in an organization effectively.
Therefore, Matrix is the correct answer.
Answer. D) The signing bonus of $26,000 payable after one year of employment.
Explanation: Because it is more advantageous on him and also he has the time to payback within a year. He will be at rest to use fund for something that can fetch more money even within the 12 months period.
