In accounting, the type of account with a normal credit balance is revenues. This means that when the company earns income, it's recorded as a credit in the revenue account. Other accounts with normal credit balances are liabilities and equity.
Explanation:In accounting, different types of accounts have different normal balances. A normal balance refers to the side (debit or credit) of an account where you usually increase the balance. The type of account that typically has a normal credit balance is revenues (option d). Whenever a company earns income, it is recorded as a credit in the revenues account. The idea behind this is that credit balances in revenue accounts indicate earnings, while debit balances represent expenses or losses. Other types of accounts that also have a normal credit balance include liabilities and equity.
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The most effective audit procedure for determining the collectibility of an account receivable is the
The utmost effective audit procedure for determining the collectability of an account receivable is the, review of the subsequent cash collections. Reviewing the subsequent cash collections speeds up the audit procedure to determine the collectability of an account receivable.
The degree to which current liabilities are covered in the event of liquidation is best captured by the
"the copier we have still makes great copies," says your prospect. which major category of objection are you experiencing
This is an example of “Product Objection”.
Product objection refers to the prospects voice when it relates to a certain product, in this case the copier. The voice “"the copier we have still makes great copies” is a reflection of concern relating to the performance of the product.
We are taught that cleanliness is a vital part of daily life, that antibacterial soaps, cleaning products that completely eliminate the possibility of germs on surfaces, cooking and food handling that absolutely precludes the chance of ingesting a "bug," is an essential path to good health. this approach is now under scrutiny because of our understanding of
D. did the increase in production costs cause a "decrease in supply" or a "decrease in quantity supplied"?
The united states has a greater number of pull factors than it has push factors, which is why it is the nation with the highest immigration rate.
In order to estimate the level of difficulty of text for reading instruction, which is an effective framework?
_____________ evaluate the newest and most innovative technologies and determine how they can be applied for competitive advantage. they develop technical standards, deploy technology, and supervise workers who deal with the daily it issues of the firm. select one:
a. project managers
b. chief technology officers ceos and. cfos
Scott owns a welding business in alabama. every year, when he meets with his accountant to file his tax returns, he claims that he should be able to show a loss on his tax returns. his accountant always shows a profit on his tax returns. fully explain what scott's claim is based on.
For a misfortune to be appeared on his government form, the all out costs must be bigger than the deal or income. Since he's continually indicating benefit, this implies his income his more. Scott might incorporate some ill-conceived factors in his estimations. These components may prompt theoretical misfortune for him.
Further Explanation:
Example 1:
Expecting that the bookkeeper is right all things considered, Scott is ascertaining his misfortune on costs or different elements that that would not be real conclusions or costs. A typical Example is vehicle mileage the citizen wishes to guarantee as business mileage yet by principle would be viewed as driving mileage.
Example 2:
Another Example would be things that Scott may wish to cost completely in this assessment year however by guideline they should be devalued. Scott could need to take a business utilization of his home yet have a misconception of what the standards are. There are many such regular issues when doing a business return and the customer does not comprehend the expense rules.
Subject: business
Level: college
Keywords: Example 1, Example 2.
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BPK Industries has a net income for the period of $2,500. The balance in the Owner’s Capital account for the beginning of the period is $5,000, and the owner has withdrawn $1,650 for personal expenses. The balance in the Owner’s Capital account at the end of the period will be
Answer:
5850
Explanation:
One way to deal with an angry trainee is to ask them to identify ways in which the training might help them
Delta airlines prices its tickets so that it is less expensive to travel between midnight and 5:00
a.m. than during the day, when there is heavy business travel. this illustrates ____ pricing
Sales of $3800, has variable costs $300 and has fixed costs$1000. calculate the degree of operating leverage
When there is an interval between when the fiscal policy changes and corresponding changes in aggregate spending, we have a(n)?
Anita wants to encourage her classmates to read their textbooks thoroughly. to support her point, she says, "some students think of a book as a heavy object that weighs down a backpack; other students think of a book as an expensive bill that needs to be paid at the beginning of each semester. but we can also think of a book as the key to a world of new ideas." anita is defining a book by _______.
An older person nearing retirement might typically find it better to invest in ________ since they generally seek less risk with their investments.
The answer to this question is bonds. Bonds are an investment type where in investors’ gains a fixed-income over their investments. Bonds are less risky because the return of investment is in a fixed rate and this is less vulnerable to price swings in the stock market.
An older person nearing retirement might typically find it better to invest in defined contribution plans, such as 401(k)s and 403(b)s, since they generally seek less risk with their investments.
Explanation:For an older person nearing retirement, it is typically better to invest in defined contribution plans, such as 401(k)s and 403(b)s, since they generally seek less risk with their investments. These retirement plans allow the worker to contribute a fixed amount to their retirement account and invest in a wide range of investment vehicles, offering more control over their investments compared to traditional pensions. With defined contribution plans, retirees can potentially generate real rates of return and avoid the inflation costs that traditional pensioners may face.
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The organizational function and set of processes that creates, communicates, and delivers value to customers and manages customer relationships in ways that benefit the organization and its stakeholders is called _____.
Roselyn works for an event management company. her latest project as a party planner is a corporate event. she delegates tasks like choosing the venue, posting invitations, and planning logistics to her team members. she also specifies a time frame for each task. roselyn's project is in the ________ phase of project management.
How much of the egyptian budget goes toward subsidies? webtext?
One quarter of the Egyptian budget goes toward subsidies.
Recently, Egypt set $18 billion for subsidies in FY 2017-18 budget.
To add, subsidy is a sum of money granted by the government or a public body to
assist an industry or business so that the price of a commodity or service may
remain low or competitive.
The objective of the third phase of network design is to
In 1915, peter oberweis started selling his excess milk to his neighbors. by 1927, he decided to start a more formal business so he could sell his extra milk to even more people. oberweis started his business during the _______________ era of marketing.
Peter Oberweis started his milk business during the era marked by the rise of mass production, consumerism, and modern marketing techniques, characterized by expansive advertising and improved distribution methods.
Explanation:In 1915, when Peter Oberweis started selling his excess milk to his neighbors and subsequently formalized his business in 1927, he was participating in an era of marketing characterized by the transition to mass production and consumerism. This period saw the advent of modern marketing techniques, expansion of retail outlets and mail-order houses, and the emergence of national brands. Marketing strategies during this time involved creating widespread demand for products through advertising in newspapers, and magazines, as well as the distribution of products through newly developed channels like mail-order catalogs. The use of refrigeration and efforts to maintain milk safety also reflect the broader trends in product innovation and distribution logistics that were hallmarks of this era.
Timothy is the human resources manager for a local manufacturing facility. recently, the ceo of the manufacturing company decided to lay off 25% of the companyâs workers. timothyâs job is to determine which workers to lay off and to communicate the news to each one. which is the best form of communication for timothy to use in this situation?
The answer to this question is that Timothy can use a text message. A text message or texting is a form of communication where in a person sends a message to another person thru the use of a mobile phone. A text message is also known as short message service that is sent using a phone network.
norris company declared cash dividends of $60,000 during the year. cash dividends payable were $20,000 at the beginning of the year and $25,000 at the end of the year. the amount of cash norris co. used for payment of dividends during the year was
To find the amount of cash Norris Company used for payment of dividends take the cash dividends payable of $20,000 from the beginning of the year and add them to the amount at the end of the year $25,000.
$25,000 + $20,000 = $55,000
$55,000 is the amount of cash that Norris Company used. Dividends payable are the amount of dividends that are to be paid to its shareholders. Every time they are paid, the cash amount paid is recorded as a dividend payable.
A local government has plans to build a new transit station on a site where several homes are currently located. the residents do not want to move. how does the fifth amendment affect this case?
The researchers at beans inc., a coffee manufacturing company, developed a new variety of high-quality ground coffee. the new variety was priced at a comparatively lower price than those available in the market. therefore, the advertisements for the product stated, "the highest quality coffee does not have to be expensive." this is an example of communicating a product's _____.
Suppose that you were asked to help design a survey of adult city residents in order to estimate the proportion that would support a sales tax increase. the plan is to use a stratified random sample, and three stratification schemes have been proposed. scheme 1: stratify adult residents into four strata based on the first letter of their last name (a-g, h-n, o-t, u-z) scheme 2: stratify adult residents into three strata: college students, nonstudents who work full time, nonstudents who do not work full time. scheme 3: stratify adult residents into five strata by randomly assigning residents into one of the five strata. which of the three stratification schemes would be best in this situation
Air bags are designed to __________. A. cushion impact in a collision B. work without passengers having to buckle up C. deploy at a harmless speed for passengers sitting within ten inches D. All of the above
Airbags are designed to A. cushion impact in a collision.
Explanation:Airbags are safety devices in vehicles designed to protect occupants during collisions. They rapidly inflate with gas to cushion passengers from impact, reducing the risk of injury. They work in tandem with seatbelts to improve safety. Airbags have become a standard feature in modern automobiles, significantly enhancing crash protection.
Air bags are designed to protect passengers in the event of a collision by cushioning the impact and reducing the force exerted on the body. They work in conjunction with seat belts to maximize passenger safety. Option B is incorrect because passengers should always buckle up despite the presence of air bags, and option C is also incorrect as air bags deploy at a high speed to be effective in preventing injuries.
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When mp3 players emerged and cassette players declined in popularity, what type, or types, of unemployment were created?
The decline of cassette players and rise of mp3 players led to structural unemployment in the manufacturing and retail sectors related to cassettes. Structural unemployment occurs when workers' skills no longer match the needs of the labor market due to technological changes or shifts in the economy.
Explanation:Types of Unemployment Resulting from Declining IndustriesWhen mp3 players emerged and cassette players declined in popularity, the type of unemployment that was created is known as structural unemployment. Structural unemployment occurs when there is a shift in the economy that creates a mismatch between the skills workers possess and the skills needed for the new jobs being created. In the case of mp3 players becoming more popular, demand for cassettes and their players decreased, rendering the related manufacturing and retail jobs obsolete. Workers in these industries likely experienced structural unemployment as their specific skills were no longer in demand and they may have had difficulty finding new jobs without retraining or acquiring new skills.
Let's examine the specific types of unemployment in various scenarios:
While some unemployment can reflect a healthy changing economy, high levels of unemployment, especially cyclical and structural, can indicate economic issues. Cyclical unemployment is often seen as undesirable because it is associated with economic downturns, while structural unemployment indicates a need for workforce adaptation. Frictional unemployment, on the other hand, is a normal part of a dynamic labor market and can be seen as a sign of economic vitality and individual career growth.
"small-denomination time deposits are" included in the definition of both m1 and m2
Cascading communication flows upwards and downwards from an important organizational leader. select one:
a. True
b. False