Answer:
$ 5,937.00
Explanation:
The credit to retained earnings in the year would be the net income for the year which is computed as sales and rent revenue added together minus salaries and wages expense,depreciation expense , utilities expense recorded in the year.
Net income=$13,108+$2,756-$6,639-$1,610-$1,678=$ 5,937.00
All in all,the credit to retained earnings would be $ 5,937.00
The net income is the amount by which the overall retained earnings would increase in the current year
Stagflation is the simultaneous occurrence of high unemployment and it accompanied by the rising of prices of goods and services, or inflation and a decline of Gross Domestic Product (GDP). Stagflation is an economic problem and this might lower the spending. There are two causes of stagflation based on theory: an economic phenomenon where the cost of oil rises and reduces the productive capacity and another one will be the result of poorly-made economic policies.
Answer:
AT&T was accused of selling real-time customer data and location.
Explanation:
Electronic Frontier Foundation (EFF) and Pierce Bainbridge Beck Price & Hecht LLP will file a class action lawsuit against AT&T on behalf of some of their clients.
The legal remedy is before a court in California with the aim of preventing AT&T and two companies specialized in aggregating data that can have unauthorized access to information and even the real-time location of the company's mobile clients telecommunications. According to the information, EFF alleges that AT&T sold the real-time geolocation data of the clients to credit agencies, bonds and other third parties without the required client's consent and without any legal authority.
The phenomenon experienced by the client when he believed that the performance appraisal was unfairly influenced by a drug error that the employee committed several weeks ago, is called the Horns Effect.
<h3>What is the Horns Effect?</h3>
The Horns Effect is a rater bias property in performance appraisal at workplace. It is a tendency for a single negative attribute to influence the rater to mark everything on the lower side of the scale. It is a bias that makes them think that one bad attribute seems to spoil the bunch.
It is the exact opposite of Halo Effect and makes decision making challenging. Horns Effect may lead to unfair sanctions or inappropriate dismissal of the employee.
To know more about Horns Effect, visit:
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Answer:
Cash borrowed = $120,000
Interest on promissory note = 10%
Explanation: