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3 years ago

Which type of payment has the most consistent earnings?

Business

2 answers:

dedylja [7]3 years ago

7 0

It would be salary because its the same pay rate no matter if you work extra hrs or not

Bingel [31]3 years ago

3 0

The answer is "b. Salary".

A salary is a type of payment from a business to a worker, which might be determined in a work contract. It is stood out from piece compensation, where each activity, hour or other unit is paid independently, as opposed to on an intermittent premise. From the perspective of maintaining a business, compensation can likewise be seen as the expense of procuring and holding HR for running tasks, and is then named work force cost or pay cost.

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The video mentions how firms compete on price point, store design, and the product itself. These are all elements of a firmâs:__

vladimir2022 [97]

Answer:

Marketing mix

Explanation:

The marketing mix is a combination of product, price, place, and promotion. The marketing mix is also called 4Ps. These factors determine the marketing strategy through which they get to know their position in the market.

The price is the value which is given to the customers

The product is the item which is to be shown to the customers

The place is the location in which the product is sold to the customers

And the last is a promotion in which the product is communicated to the end numbers of people either by word of mouth, by adverting, etc

8 0

3 years ago

The August current year bank statement for Allison Company and the August current year ledger account for cash follow:

Stels [109]

The August current year bank statement for Allison Company and the August current year ledger account for cash follow is

1. Deposits in transit as on August 31 are $5,400.

2. Outstanding checks are $280 and $460 amounting to a total of $740 (280+460).

3. Bank reconciliation statement-

Particulars Amount ($) Particulars Amount ($)

Balance as per cash account* 22,475 Balance as per bank account 20,235

Add: Interest collected 2,550 Add: Deposits in transit 5,400

25,025 25,635

Less: Bank service charge (130) Less: Outstanding checks (740)

Adjusted book balance 24,895 Adjusted bank balance 24,895

*Balance as per cash account = 16,470+11,800+4,450+6,900+5,400-185-860-280-460-750-260-19,750

= 22,475

4. Journal entries-

S.No. Accounts titles and Explanation Debit ($) Credit ($)

1. Cash 2,550

Interest received 2,550

(To record the interest collected)

2. Bank service charges 130

Cash 130

(To record the bank service charges)

5. Balance sheet

Current assets

Cash and cash Equivalent 24,895

In accounting, a well-known ledger is used to fill all of an agency's transactions. inside a general ledger, transactional data is organized into assets, liabilities, sales, fees, and proprietor's equity. After each sub-ledger has been closed out, the accountant prepares the trial stability.

Ledger wallets are USB storage devices that hold more than one currency offline. It shops your non-public keys on the tool, making it tough for online hackers to get admission to your bills. If the bodily tool is stolen, customers depend upon a 24-word backup recovery word to get the right of entry to saved cryptocurrencies.

Learn more about ledger here brainly.com/question/1436327

#SPJ4

4 0

1 year ago

Requiring industries to recycle 25% of plastics in their manufacturing process is an example of:

vodka [1.7K]

By requiring industries to recycle 25% of plastics in their manufacturing process is one way to prevent pollution and save our environment. We all know that most plastics are not biodegradable, it means that they cannot be decomposed naturally no matter what you do to it. Burning plastic would even harm our environment. In that being said, recycling them would be a better choice. By reusing plastics, the number of it that would just contribute to the world's pollution would be reduced.

4 0

3 years ago

Payroll Taxes Champaign Inc., a company that provides educational consulting services to large universities across the nation, h

HACTEHA [7]

Answer:

Date Account Title Debit Credit

XX-XX Wages Expense $62,000

Federal Income Tax Withholding Payable $7,440

Social Security Taxes Payable (Employee) $3,844

Medicare Taxes Payable (Employee) $ 899

Cash $49,817

Working

Social Security Taxes Payable (Employee) = 6.2% * 62,000 = $3,844

Medicare Taxes Payable (Employee) = 1.45% * 62,000 = $899

Date Account Title Debit Credit

XX-XX Social Security Taxes Expense (Employer) $3,844

Medicare Taxes expense (Employer) $899

State Unemployment tax expense $75

Social Security Taxes Payable (Employer) $3,844

Medicare Taxes Payable (Employer) $899

State Unemployment tax Payable $75

5 0

3 years ago

upola Fan Corporation issued 10%, $400,000, 10-year bonds for $385,000 on June 30, 2021. Debt issue costs were $1,500. Interest

maks197457 [2]

Answer:

See the journal entries below.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Cupola Fan Corporation issued 10%, $400,000, 10-year bonds for $385,000 on June 30, 2021. Debt issue costs were $1,500. Interest is paid semiannually on December 31 and June 30. One year from the issue date (July 1, 2022), the corporation exercised its call privilege and retired the bonds for $395,000. The corporation uses the straight-line method both to determine interest expense and to amortize debt issue costs.

Required: Prepare the journal entries to record the (a) issuance of the bonds, (b)the payment of interest and (c) amortization of debt issue costs on December 31, 2021 & June 30, 2022, and the (d) call of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

The explanation of the answer in now given as follows:

(a) issuance of the bonds

The journal entries will look as follows:

Date Accounts Title $ Explan. Debit ($) Credit ($)

30 Jun. ’21 Cash (w.1) 383,500

Bonds Payable 383,500

(To record the issuance of Bonds.)

(b)the payment of interest

The journal entries will look as follows:

Date Accounts Title $ Explan. Debit ($) Credit ($)

31 Dec. ’21 Interest Expense 20,825

Bonds Payable (w.5) 825

Cash (w.2) 20,000

(To record the Interest Expense.)

30 Jun. ’22 Interest Expense 20,825

Bonds Payable (w.5) 825

Cash (w.2) 20,000

(To record the Interest Expense.)

(d) call of the bonds

The journal entries will look as follows:

Date Accounts Title $ Explan. Debit ($) Credit ($)

01 Jul. ’22 Bonds Payable (w.1) 385,150

Loss on Bonds retired (w.7) 9,850

Cash $395,000

(To record the bonds retired early.)

Workings:

w.1: Cash received = Bonds Payable = Amount the bond is issued - Debt issue costs = $385,000 - $1,500 = $383,500

w.2: Interest Expense= Bond face value * Bond rate * (Number of months in semiannual / Number of months in a year) = $400,000 * 10% * (6/12) = $20,000

w.3: Total cost on Bonds Payable issued = (Bond face value - Amount the bond is issued) + Debt issue costs = ($400,000 - $385,000) + $1,500 = $15,000 + $1,500 = $16,500

W.4: Annual cost amortization = Total cost on Bonds Payable issued * Bond rate =$16,500 * 10% = $1,650

w.5: Semiannual cost amortization = Annual cost amortization * (Number of months in semiannual / Number of months in a year) = $1,650 * (6/12) = $825

w.6: Total amount Payable on Bonds = Cash received from w.1 + Semiannual cost amortization on 31 December 2021 + + Semiannual cost amortization on 30 June 2022 = $383,500 + $825 + $825 = $385,150

w.7: Loss on retirement of Bonds = Amount the bond is retired - Total Amount Payable on Bonds = $395,000 - $385,150 = $9,850

5 0

2 years ago