Saving provides financial security, Buy a Car, and you can Buy a House.
Select the correct answer.
On March 1, Clean123 Inc. performs cleaning services for multiple customers. It sends customer invoices totaling $5,000. It expects to be paid at the end of the month for its services. How would Clean123 Inc. record this transaction?
A: Income 5,000 Accounts Receivable 5,000
B: Accounts Receivable 5,000 Service Revenue 5,000
C: Accounts Receivable 5,000 Income 5,000
D: Sales Revenue 5,000 Accounts Receivable 5,000
The correct answer is Choice B.
When a business makes a sale and expects to be paid in the near future it should be recorded as an Account Receivable. In this case the company will have a debit entry to Accounts Receivable and a credit entry to Service Revenue.
The correct way to record Clean123 Inc.'s invoicing of cleaning services expecting payment later is by debiting Accounts Receivable and crediting Service Revenue. This aligns with accrual accounting principles, where revenue is recognized when earned, regardless of when payment is received.So,option B is correct.
When Clean123 Inc. performs cleaning services and invoices customers, expecting payment later, the correct way to record this transaction on March 1 would be by an entry in the accounts receivable and service revenue. Therefore, the correct answer is: B: Accounts Receivable 5,000 Service Revenue 5,000. This is in accordance with accrual basis accounting, where revenue is recorded when earned, not when the cash is received.
For example, if a company like Treehouse delivers a service and is paid in cash, the journal entry would be a debit to cash and a credit to service revenue. On the other hand, if Treehouse has yet to receive the cash but has performed the service, it would debit accounts receivable and credit service revenue, anticipating that the cash will be received in the future.
On January 3rd, Gates Gems returned merchandise they purchased on account from Jewelry Wholesalers in the amount of $1,450. What is the transaction to reflect this return?
Final answer:
To record the merchandise return by Gates Gems, an accounting entry debiting Accounts Payable and crediting Merchandise Inventory by $1,450 is required. This reflects a decrease in both the liability to Jewelry Wholesalers and the inventory levels.
Explanation:
When Gates Gems returned merchandise purchased on account from Jewelry Wholesalers, the accounting transaction necessary to reflect this return would essentially reverse the initial purchase entry. The transaction would involve debiting the Accounts Payable to reduce the liability because the obligation to pay Jewelry Wholesalers decreases by the amount of the return, which in this case is $1,450.
Simultaneously, the merchandise inventory account needs to be credited, because the inventory level is being reduced by the items that were returned. The entry in a double-entry bookkeeping system would look like this:
Debit Accounts Payable $1,450
Credit Merchandise Inventory $1,450
This transaction will affect the balance sheet by decreasing both the inventory assets and the accounts payable liabilities.
How do most people learn about money? A. Through trial and error. B. In college. C. From their siblings. D. In grade school.
I’m not sure what you meant by this question so I had two answers for you. 1.) Most people learn the basics of money in grade school. 2.) But most people learn how to manage money through trial and error.
I got D,
Let me explain how, I can understand answer "A" but they learn that after the use of money and errors they go through the process makes them understand the use of money more. So let's eliminate A. Now let's move to B, in college you're more focused on school than money. At the time you don't really learn about money -- at all. There are classes you can learn about the uses of money but in college wouldn't be necessary. Now, let's eliminate B. Now as we move onto C, this is an easy one. We don't watch our siblings spend and we can't just understand the use of money randomly from watching your siblings spend it. Therefore, we can remove C.
Therefore, we get D as our final answer.
Select the interview DON’TS:
chew gum
bring copies of your résumé
use your cell phone inside the building
bring someone for moral support
Don’t chew gum
Don’t use your cell phone
And unless you have a disability or something that requires you to have the person you shouldn’t bring someone with you to an interview
Chew gum, use your cell phone inside the building and bring someone for moral support are the interview don'ts.
What is interview?Interview is the conversation between the two or more persons, the reason of the interview is to select the candidate for some position in their organization. There are three types of interview, virtual interview, face to face and telephonic interview.
For more details about Interview, click here:
https://brainly.com/question/15128068
#SPJ2
Which people with in a Corporation hire manage the heads of departments?
A.) workers
B.) the presidents
C.) the vice presidents
D.) shareholders
___________________________________________________________
ΔPLEASE HELPΔ ®
Answer:
The answer is the vice presidents.
Explanation:
Though this might differ from company to company, depending on the organizational structure the company in question uses and the position naming policy employed in the company, it is most likely for department heads to be reporting to vice presidents of a company. The presidents report to shareholders, while the vice presidents would be the one reporting to the presidents. Workers are more likely to report to department heads.
The correct option is D.), "shareholders", as in a corporation, the board of directors is responsible for hiring and managing the heads of departments. They operate under the authority of the shareholders who elect them.
Senior management, including vice presidents, handle day-to-day operations.
In a corporation, the top-level decision authority is divided among shareholders, the board of directors, and senior management. The board of directors hires and manages the heads of departments. Shareholders elect the board members. Senior management, which includes positions such as the vice presidents and CEOs, handle day-to-day operational management, often under the authority and guidance of the board.
Which is an example of new media?
New media are forms of media from computers or that rely on computer/digital technology (old media are phones,radios, etc)
Examples of new media: computers, online databases, you tube, social media networks, online news articles, etc.
New media refers to digital, networked information and communication technologies. Examples include websites, podcasts, e-books, social media platforms, mobile apps, and virtual reality experiences.
New media represents digital, computerized, or networked information and communication technologies. The term 'new media' is often used to differentiate digital media from traditional print-based media. Examples of new media include websites, podcasts, e-books, social media platforms, mobile apps, virtual and augmented reality experiences, and certain types of multimedia content. These tools have drastically changed the way information is disseminated and consumed in today's society.
Learn more about New Media here:
https://brainly.com/question/32024773
#SPJ2
Wisconsin State Statute 346.18 is also commonly known as: Choose one A. Wisconsin Act 105 B. Wisconsin Act 173 C. Taxpayer Relief Act
Answer:
Your answer is B. Wisconsin Act 173
Explanation:
Hope this helps :) -Mark Brainiest Please :)
A formalized report that summarizes your current financial situation, analysis your financial needs, and recommends a direction for your financial activies is an: a: insurance prospectus b: financial plan
C. Budget
D.investment forecast
Answer:
The correct answer would be option B, Financial Plan.
Explanation:
A financial plan is a document or report which summarizes the current financial situation of the company, gives analysis of your financial needs and recommends a direction for your financial activities. This report is basically a plan towards the financial improvements by seeing the current financial position and analyzing the financial needs of the company at the moment. This report summarizes all the financial aspects of the company and suggests a plan to move forward.
Google's relaxed and non-traditional corporate culture is one aspect of which
of the following?
*A. Its business model
B. Its revenue source
C. Marginal analysis
D. Its profit motive
The correct answer is A.
Google’s relaxed and non-traditional culture is one aspect of their business model.
they relaxed and non-traditional corporate culture is part of its business model, which outlines a company's strategy and approach to generating revenue. This unique culture is designed to boost productivity and stimulate innovation.
Explanation:they relaxed and non-traditional corporate culture is one aspect of its business model. A business model outlines the strategy and approach a company uses to generate revenue, including its corporate culture. they unique working environment, which promotes creativity and values its employees' freedom, is part of their strategy to enhance productivity and stimulate innovation. For example, their famous perk of allowing employees to use 20% of their work time on personal projects has resulted in the development of groundbreaking products like Maps.
Learn more about Business Model here:https://brainly.com/question/34568540
#SPJ2
Which of the following is NOT one of the basic components of bonds?
A Coupon rate
B Maturity
C Liquidity
D Per value
Answer
Hi,
The correct answer option is {c} Liquidity
Explanation
The basic principle of bonds is that the investor loans money to the bond’s issuer who pays interest on the loan typically twice a year. The common three characteristics of bonds are the face value which is the principal portion of the loan, maturity which is the day the bond comes to due and the coupon which is the size of interest paid.
Hope this helps!
julia evaluated 3^3 + 20 ÷ 2^2. what value should she get as her answer?
3^3=27
3x3=9 9x3=27
2^2=4
2x2=4
27+20 divided by 4
Divide first!
20 divided by 4 equals 5
5x4=20
Then add!
27+4= 31
Answer is 31
Greta has a good credit rating and is considering taking out a car loan. Which of the following questions will help her make the decision of whether she should take on additional debt? Is gross income being considered? Are current fixed expenses a financial burden? Are fixed expenses fluctuating? Are variable expenses unpredictable? Is her quality of life already under pressure from current payment plans?
Great would need to ask the following questions
Are variable expenses unpredictable?
Is her quality of life already under pressure from current payment plans?
Are current fixed expenses a financial burden?
If Greta can reasonable predict her variable expenses and know that her current income is enough to handle fluctuations, then should can proceed with the purchase.
Greta should consider her gross income, current fixed expenses, fluctuating fixed expenses, unpredictable variable expenses, and the impact on her quality of life when deciding whether to take out a car loan.
Explanation:Greta, in order to make a decision about taking on additional debt for a car loan, there are several questions she should consider:
Is her gross income being considered? This question helps determine if Greta has enough income to comfortably make loan payments without straining her budget.Are her current fixed expenses a financial burden? If her fixed expenses, such as rent or mortgage payments, are already causing financial strain, taking on additional debt may not be advisable.Are her fixed expenses fluctuating? Fluctuating fixed expenses can make it difficult to manage monthly payments, so this is an important consideration.Are her variable expenses unpredictable? Unpredictable variable expenses, such as medical bills or car repairs, can impact Greta's ability to make loan payments.Is her quality of life already under pressure from current payment plans? If Greta's current payment plans are already causing her stress and affecting her quality of life, taking on additional debt may not be wise.By considering these questions, Greta can make a more informed decision about whether to take on additional debt for a car loan.
Learn more about Car loan decision making here:https://brainly.com/question/29340376
#SPJ3
What is a trade-off? a factor of production a purchase in a marketplace any good or service a consumer needs an alternative that we sacrifice when we make a decision
An alternative that we sacrifice when we make a decision. Example I'll work overtime instead of going to the family gathering. Not going to the family gathering is the trade off for the benefits of overtime.
The correct answer is D. An alternative that we sacrifice when we make a decision.
Explanation
"Trade-off" is a term to refer to the action of preferring an option or alternative in a group of possibilities, that is to say, is to decide to get something by sacrificing other available possibilities. An example of this is when you buy a shirt or a jacket because you can choose only one between different colors, textures, sizes, and more features; this implies you sacrifice other options or trade-off the option you selected against other options. So, the correct answer is D. An alternative that we sacrifice when we make a decision.
Why does e-commerce save businesses money?
Simply put, e-commerce has less overhead than brick and mortar. Think reduced showroom/office space, fewer sales people, less risk of inventory theft, etc.
Because warehouses can stock much more inventory than stores.
How do output control and behavior control differ? In your own words please answer!!!
Controls can be established to focus on actual performance results , on the activities that generate the performance , or on the inputs that go into the performance
Final answer:
Output control and behavior control differ in terms of the factors that influence and shape behavior. Output control focuses on managing and controlling the outcomes or results of behavior, while behavior control focuses on managing and controlling the behaviors themselves.
Explanation:
Output control and behavior control differ in terms of the factors that influence and shape behavior. Output control focuses on managing and controlling the outcomes or results of behavior, while behavior control focuses on managing and controlling the behaviors themselves. For example, in a classroom setting, output control would involve grading students based on their performance, while behavior control would involve setting rules and expectations for classroom behavior.
Output control is often more tangible and measurable, as it can be directly observed through outcomes or results. Behavior control, on the other hand, is more concerned with influencing and shaping the underlying behaviors that lead to those outcomes or results.
Overall, output control is more focused on the end result, while behavior control is more focused on the process and behaviors that lead to that result.
What answers apply to “mutual funds”?
Mutual funds are professionally managed investment programs that can focus on specific areas or mimic the performance of the stock market. They offer advantages like liquidity and diversification, but also come with risks and expenses.
Explanation:Mutual funds are investment programs that are professionally managed and paid for by shareholders. They can focus on specific areas, such as investing in company stocks based in a particular country or industry. Some mutual funds aim to mimic the overall performance of the stock market, known as index funds. Mutual funds offer advantages like liquidity and diversification, but also come with risks and expenses.
Mutual funds are investment vehicles offering varying focuses, from specialized sectors to broad market coverage with index funds. They offer the potential for high rates of return and are typically less risky and more liquid than individual stocks. Mutual funds are professionally managed and provide the benefit of diversified portfolios, which can lead to higher expected returns with managed risk levels.
Explanation:Mutual funds are investment vehicles that can vary widely in their focus. Some mutual funds specialize in specific sectors, such as investing solely in company stocks from Indonesia, bonds from large manufacturing firms, or stocks in biotechnology companies. Conversely, other mutual funds have a broad approach, with some even holding a small portion of every company in the stock market, leading their value to ebb and flow with the market's overall performance. These are known as index funds, which aim to replicate the market's overall movements. The primary advantage of investing in mutual funds is the potential for a high rate of return over time. Despite the risks being substantial, they are generally lower than the risks associated with investing in individual stocks. Moreover, mutual funds are known for their high liquidity, as long as they are traded frequently.
Another significant benefit of mutual funds is that they are professionally managed, which means they require minimal time and knowledge from investors. Mutual funds offer the ease of converting assets to cash, known as liquidity, making them appealing to investors seeking easy entry and exit. Though creating diversified portfolios can be costly, mutual funds inherently provide diversification, leading to potentially increased expected returns without correlating high levels of risk. However, it is crucial to note that the costs associated with managing these funds can be high.
What are the signs of high inflation
Interest rates increase
Purchasing power falls (because money is worth less under inflation)
Fewer fixed rate bank loans (banks are more likely to offer variable interest rate loans so that they can increase the rate if inflation continues to rise so they don't lose money)
Production begins to fall (if a business's purchasing power decreases and they are less able to buy raw materials and supplies it will be more costly to manufacture goods).
What is a well informed, but often neglected, source of free marketing data?
Answer: " college professors " .
__________________________________________
Assuming that the answer choices are:
__________________________________________
— Infomercials
— College professors
— Secondhand textbooks
— PR firms ;
__________________________________________
The best — and correct — answer is: "college professors" .
__________________________________________
the increase of Account Payable on the statement of cash flow shows
Answer
Hello,
It shows positive cash flow
Explanation
It shows a decrease in net income but increases the cash balance. This is due to the nature of accounts payable. When a firm purchases goods on account, it does not expend cash right way, thus accountants will see this activity as an increase to cash. An increase in accounts payable is listed as a single line for the statement of cash flows.
Wish you Luck!
It is very important to you that your work allows you to use your best abilities. You want to see the results of your work and get a feeling of accomplishment. You value
achievement*
independence
recognition
relationships
Question 2(Multiple Choice Worth 10 points)
(01.08 LC)
The ideas, relationships, and other matters that a person believes to be important.
Career
Interests
Lifestyle*
Values
Question 3(Multiple Choice Worth 10 points)
(01.08 LC)
People in _______ careers are "persuaders." They like leadership roles, as well as sales. They often have good verbal abilities and can talk people into doing things their way.
conventional
realistic
social*
enterprising
Question 4(Multiple Choice Worth 10 points)
(01.08 LC)
Managing groups and delegating responsibility are _____ skills.
communication
human relations
organization, management, and leadership*
research and planning
Question 5(Multiple Choice Worth 10 points)
(01.08 LC)
Actor, Broadcast Technician, Librarian, and Reporter are all careers from the following career cluster:
agriculture, food & natural resources
architecture & construction
arts, audio-video technology & communications*
business, management & administration
Question 6(Multiple Choice Worth 10 points)
(01.08 LC)
An activity acquired in your life that you can "take with you."
Extrinsic Value
Transferable Skill*
Interest
Lifestyle
Question 7(Multiple Choice Worth 10 points)
(01.08 LC)
A paid position with specific duties, tasks, and responsibilities in a particular place of work.
Career
Interests
Job*
Values
Question 8(Multiple Choice Worth 10 points)
(01.08 LC)
Human Relations skills involve
speaking, writing, and listening*
identifying problems, gathering information, and imagining alternatives
cooperating, providing support, and expressing feelings
being punctual, managing time, and enforcing policies
Question 9(Multiple Choice Worth 10 points)
(01.08 LC)
People in _____ careers are "thinkers." They like using their minds to solve problems. They often excel in science and math. They are independent thinkers and may enjoy puzzles and games based on logic.
Realistic
Investigative*
Artistic
Social
Question 10(Multiple Choice Worth 10 points)
(01.08 MC)
Susan is a 5th grade teacher and loves getting up every day and going to work to teach her students. This is an example of
extrinsic value
interests
intrinsic value*
external value
please help dudes.. this means alot. We already lost to t-series.. (._.)
Answer:
1) Achievement
2)Values
3) Enterprising
4) Organization, Management, and
Leadership
5) Arts, Audio-Video Technology & Communications
6) Transferable Skill
7) Job
8) Cooperating, Providing Support, and Expressing feelings
9) Investigative
10) Intrinsic Value
Explanation:
Answer:
what did you get on it
Explanation:
Which kind of union represents an autoworker?
trade union
industrial union
mechanical union
government union
The International Union, United Automobile, Aerospace, and Agricultural Implement Workers of America, better known as the United Automobile Workers (UAW), is an American labor union that represents workers in the United States (including Puerto Rico) and Canada. but i think its the mechanical union because its hands on and they use mechanics to work on cars and such hope this helps :)
Answer:
c
Explanation:
your brand signature should include a:
email signature
hope this helps :)
Marketing research will
This practice allows a company to discover the target market and record opinions and other input from consumers regarding interest in the product
Explanation:
A Market Research is a way to get information about the likes and dislikes, preferences, needs and demands of the consumer. Market Research will allow producers to shape their product according to the needs and preferences of the people. In this way people will be attracted more to their product because they will find a product of their need by purchasing that. Market research can be done through Observations, Surveys, Interview and through focus groups.
is a text or image that allows the user to access that file or web page with'a single click
Answer:
Explanation:
yes
A pair of shoes is on sale for 25% off of the reguler price . what is the decimal for the amount of the reduction
It is going to be .25 percent
Outline one advantage and one disadvantage of investing in training....
One advantage of training is that it can enhance employees' skillset within the organisation overall. A disadvantage is that training can be costly especially if employees leave taking their skills elsewhere.
Investing in training can boost employee motivation and retention but can be costly and risk employees leaving the company after being trained. Additionally, training sessions require time that employees spend away from their regular tasks. Evaluating the return on investment is essential before deciding on training programs.
Investing in training has both advantages and disadvantages for an organization.
Advantage
One significant advantage of investing in training is that employees feel more valued and motivated.
When employees see that an organization is willing to spend money on their professional development through costly training programs, it leads to improved job performance and increased employee retention. For example, off-the-job training allows employees to gain expert knowledge from specialized trainers, which can be highly beneficial to their roles.Disadvantage
On the other hand, a considerable disadvantage of investing in training is the potential for high costs.
Providing resources, special software, and tools for training can be financially burdensome. Additionally, there's the risk that employees who receive training might leave the organization and use their new skills elsewhere, which means the company may not recoup its investment. Another concern is the time employees need to spend away from their usual work tasks to complete training, which can affect productivity.which of the following statements best describes why a client record system is called a "living" record
A living record is one that changes and grows over time, so because you will be constantly updated your system with new client info it is a "living" record of your client.
Examples of changes in a living record system are phone numbers, addresses, emails, etc.
Which of the following reflects Falkenstien's "Platinum Rule"?
Look at the world from your perspective coustomers' prospective, and identify their needs and wants
Create a product, and then convince customers that they need it
Find the highest price customers are willing to pay for a product, and then charge more so they view it as luxury
Create a product, and then wait for customers to notice it
Look at the world from your perspective coustomers' prospective, and identify their needs and wants
Falkstien's Platinum Rule takes the golden rule one step further and says "treat others the way they want to be treated."
Answer:
Look at the world from your perspective coustomers' prospective, and identify their needs and wants.
Explanation:
I've discovered it described The Platinum Rule (since it is deserving more than gold). The Platinum Rule states we should perform unto others the direction they require us to perform unto them. In other terms, you have to manage people the style they want to be managed, not the style you want to be managed.Joel is driving down the highway and hits a deer that darts in front of his car. what insurance would cover the damage?
A)collision
B)comprehensive
C)Liability
D)Unisured/Underinsured
comprehensive im pretty sure
Answer:
B)comprehensive is the correct answer.
Explanation:
Joel is driving down the highway and hits a deer that darts in front of his car. comprehensive insurance would cover the damage.
In this case, if the person has comprehensive insurance the tow will be covered automatically as a part of a claim.
Comprehensive insurance is less expensive and it helps us to repair our vehicle if it is damaged or stolen in an event that was beyond your control.
It covers situations like robbery, destruction, windshield breakage, damage due to fire, accidents with the animals, climate, etc.
What's the importance of market research?
Market research helps business understand the variables in a given market. Once the variables are understood the business can decide if and how it should enter the market. Examples could include the number and types of customers as well as competitors.
I think looking for what people like and dislike