Deferred expense type of adjusting entry is used to record a payment a company makes in advance. Thus, the option (a) is correct.
What is adjusting entry?
The term “adjusting entry” refers to the journal entry on a daily basis of accounting. The accounting entries are necessary to record because they balance the income and expenses over the period of the month. The single transaction in the business affects the accounting entry.
The adjustment entry is an entry on day-to-day transactions that are related to income and expenses. But sometimes, purchases made in advance for future use are called deferred expenses. The expenses in cash are also received in advance.
As a result, the adjusting entry are maintain record in advance payment is known as deferred expenses. Therefore, option (a) is correct.
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Answer:
its B- Accrued Revenue
Explanation:
just took it and this was the answer
Question 7 of 10
Which of the following is a tax-advantaged savings plan designed to
encourage savings for future college costs?
A. University plan
B. 529 plan
C. Scholarship plan
D. 592 plan
Answer:
It is the 529 plan to save money for college.
Explanation:
what are the basic principles of democracy in a society?
Answer:
According to American political scientist Larry Diamond, democracy consists of four key elements: a political system for choosing and replacing the government through free and fair elections; the active participation of the people, as citizens, in politics and civic life; protection of the human rights of all citizens;
Explanation:
sorry if wrong have a good day T_T
A machine does 200J of work in 35seconds , calculate the power developed
The required power developed by the machine is 5.714 Joule per second.
Power generated by a machine is defined as the work done by a machine in a single unit of time.
Power = work/time
Unit of power is joule per second
Here,
A machine does 200J of work in 35seconds
Power generated by the machine is given as,
Power = work/time
Substitute the value in the above equaiton,
Power = 200 / 35
Power = 5.714 J/s
Thus, the required power developed by the machine is 5.714 Joule per second.
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Discuss how you react to changes in the environment. For example, there is a change in your class schedule or a change in the price of your favorite food. Report on your reaction to changes in the environment.
-
Answer: my reaction would probably not be good
Explanation:
what is the benefit of filing a tax return even if you didnt make enough money?
What are the risks and benefits of implementing a penetration pricing policy as compared to a competitive pricing policy?
Answer:
The risks of a penetration pricing policy is that you may lose money and never see a return on it. A benefit of the penetration pricing policy is that most the time you will pull people in with the low prices and most the time you will make back the money you invested.
Explanation:
Hopefully that helps!
Money market funds invest primarily in foreign currency.
Please select the best answer from the choices provided
True
False
Answer:
true
Explanation:
I hope I help you thank you
rent received Rs. 10,000/-
Answer:
Okay, but where is the question or it's free points?
Explain one advantage of using retained profit as a source of finance.
What is the role of internal auditors
Answer: The role of internal auditors is to provide independent assurance
Explanation:
Explanation:
In simplest terms, the duties of an internal auditor are to: Objectively review an organization's business processes. Evaluate the efficacy of risk management procedures that are currently in place. Protect against fraud and theft of the organization's assets.
Explain why employers are considered buyers of skills and employees sellers of skills in the labour market.
Employers look for the potentially employees that they think are a good fit and also have good qualities.
What is the labour market?A labour market is one that includes a job market and refers to the supply and demand for labour. The employees provide the demand and from a main component of the economy including market, capital and goods.
The employees are considered to be buyers of skills as the sellers have skills sets that are demanded in the market.
Find out more information about the labour market.
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(03.02 MC)
Mariah made a down payment on a van. Which of the following is true because of the
down payment?
She has additional time to repay the loan.
Her credit limit will increase.
She has some equity or ownership right away.
Her insurance will decrease.
Answer:
Her credit limit will increase.
Her insurance will decrease.
Explanation:
A down payment is a sum of money, which when entering into an agreement is paid by one party to the other as an advance on the payment. By handing over and receiving a down payment, the parties show that they are bound by the agreement. The point of down payment from the seller's perspective is usually that the buyer loses his down payment (or part of it) if he or she for some reason does not want to complete the deal. A standard level of a down payment is 10 percent of the purchase price. By paying the down payment, the buyer grants legal security to the sale, thereby reducing the risk. Therefore, for the buyer, the cost of insurance does too. At the same time, having paid a substantial part of the credit obtained, also increases the credit limit that the person has.
Answer:
C.
Explanation:
The correct answer is that she has some equity or ownership right away because of the down payment that she has made on the van. Hope this helps! :)
(03.01 LC)
Why would the same credit card have two different interest rates, of 10.50% and
17.50%, for two different adults?
Due to their age
Due to their APR
Due to their rate of return
Due to their creditworthiness
Answer:
Due to their creditworthiness.
Explanation:
A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.
Generally, all interest card holders are required to make monthly minimum payments and they must be made promptly so as to have a good credit score.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain credits from creditors.
This ultimately implies that, the higher your credit score, the lower and better is your interest rate or annual percentage rate (APR).
Hence, the reason why the same credit card may have two different interest rates, of 10.50% and 17.50%, for two different adults is due to their creditworthiness (credit score).
Answer:
Due to their creditworthiness. Option D
Explanation:
I did the test. For me, it was in an exam. Don't know about you. I got it right.
I want to start my own brand & build a fashion empire. Should I go to a fashion college or to a business school?
Answer:
Honestly, business would be much better for you. Learning business will give you many more opportunities and learn how to sell your products. Business will help you with marketing, pricing, discounting, and know how to "not get effed over." I believe that would be much better for you THEN go to fashion college.
Which type of income, disposable or discretionary, is more important to businesses that sell expensive watches, second homes, and financial services?
Answer:
Disposable income
Explanation:
Discretionary income is the total income available to a household (single person or household) after paying taxes. This is the money that the household has available for spending on utilities, for saving, and for investing.
Disposable income is the income available to a household after paying for essential things like food or utilities. Disposable income can therefore be used for buying goods that are not considered essential, like an expensive watch, or a second home. This is why for businesses selling this type of goods, disposable income is more important than discretionary income.
This is calculated by dividing the net profits by net sales.
sales margin
profit margin
sales revenue
net revenue
Answer:
Profit margin
Explanation:
Profit margin = Net profits / Net sales
Company can earn insight into a company's earnings by looking at its sales strategy, pricing structure, and productivity improvements using net profit margin.
How do you give brainliest?
I cant figure it out.
Answer:
for example, click the crown next to my question :)
Explanation:
2. An effective classroom arrangement allows for the following:
A. helps students focus their attention on the current instructional activity.
B. makes access to learning materials efficient and orderly.
C. is flexible enough to accommodate different types of learning activities.
D. all of above.
Answer:
D) All of the above
Explanation:
If you are with people that make you disruptive you can't focus
If the room organization is awkward it's difficult to hand assignments back
And if the seats are organized well than you can do all sorts of activities like presentations or games
inner and outer core of the earth are in different state true or false
Answer:
true
Explanation:
Describe three ways that a business can grant credit. Why might granting credit to other businesses be risky for a supplier?
Answer:
The Best 5 Reasons For Businesses to Extend Credit
Additional Cash Flow. If customers can put off payment without consequences, they will. ...
Additional Sales
Additional sales will come in the form of customers spending more money on your products and services. ...
Higher Customer Loyalty. ...
Leverage During Negotiations. ...
Simple Technique For Extending Credit.
When selling on credit, there is a chance that the customer may go bankrupt and fail to pay you. The company will lose revenue. The company will also have to write off the debt as bad debt
hope it helps you
mark me as brainliest dude!!
The Fed buys $10 million of securities from AIG. AIG has a desired reserve ratio of 0.05, and there is no currency drain.
As soon as the open market purchase is made, the bank's excess reserves are at $___ million
Answer:
$200,000,000
Explanation:
Given that:
Amount of securities purchased = $10 million
Desired reserve ratio = 0.05
The bank's excess reserve :
Money multiplier * amount of securities purchased
Money multiplier = 1 / reserve ratio
Money multiplier = 1 / 0.05 = 20
Excess reserve = 20 * $10,000,000
Excess reserve = $200,000,000
PLEASE HELP I'LL GIVE YOU THE BRAINLIEST
Select the correct answer. All of the following describe a budget appropriately EXCEPT:
A. It is the best tool to help you get more for r your money.
B. it is setting limits and restrictions on your money and doesn't do anything else.
C. It helps keep track of your money so you know where it is going.
D. It helps you save for both short-term and long-term financial goals.
Answer:
B it us setting limits and restrictions on your money and doesnt do anything else.
Equations
Creative section
3. a) If the sum of two numbers is 10 and their product is 24, find the numbers
Answer:
The answer is 6 and 4.
Explanation:
6+4=10 and 6×4= 24
Answer:
4 & 6
Explanation:
Set the equations:
x + y = 10
x * y = 24
Find the sum pairs of 10:
0 , 10
1 , 9
2 , 8
3 , 7
4 , 6
5 , 5
Find the product of each pair:
0 * 10 = 0
1 * 9 = 9
2 * 8 = 16
3 * 7 = 21
4 * 6 = 24
5 * 5 = 25
In this case, you are trying to find the product of 24, therefore 4 & 6 is your answer.
~
Breton Woods Standards were found to be inadequate mainly because?
Answer:
A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system.
Explanation:
The US decision to suspend gold convertibility ended a key aspect of the Bretton Woods system. The remaining part of the System, the adjustable peg disappeared by March 1973.
List 7 types of media's with notes about them. Or less.
Answer:
good
Explanation:
Print Media (Newspapers, Magazines)
Broadcast Media (TV, Radio)
Outdoor or Out of Home (OOH) Media.
Internet.
round 312,5 up to rand
Answer:
313 rand
Explanation:
To round up any number, ynetraing decimal. Value is accessed if the value is less than or equal 4 , we round the value to 0 ; however, if the value is greater Than or equal to 5 ; we round up to 1 and add to the preceeding digit or value.
In this case ; 312. 5 will be rounded to 313 ;
Since th trailing digit is 5 ; we round up to 1 and add to the preceeding value ; 2 + 1 = 3
Hence, 313 rand
Ryan attends a seminar on environmental conservation, and afterward decides to contribute to the conservation of the environment. What can Ryan do to achieve his objective?
Answer: 1) Planting trees around him 2) Using bio and solar powered appliances
Explanation:
They are many ways to conserve the environment. Conserving the environment helps the earth and nature to grow better. Amongst all Ryan would have learnt from the training, here are some things he would do when he's back;
- Planting of trees; this helps preserve and purify the air around, reducing cabon monoxide as the plant takes it in, then gives oxygen.
- Use bio and solar powered appliances; fuel(petrol) has had a long run in the industry for energy, although it has it's advantages but it's disadvantages is more as it's the major contributor to the depreciation of the environment based on lots of toxic element it emits to the society
What are the impacts of monopolistic competition on stakeholders?
Charity organisation has asked you to raise money for it by running a fete The organiser has given you a maximum amount to spend how would you plan the fete using a computer model and make a profit
Answer:
Charity fund should be handled with care as it is donor's money which should be handled with care. The amount of charity should be spent for the actual cause.
Explanation:
Charity fund is the money which should be handled with great care. The major fund of the charity should be attribute to the main cause and there should be proper record maintenance for every penny spent. The charity fund is the responsibility of the management and any donor can ask anytime about the money spent.
Sam needs to buy a second vehicle for his growing business by financing it for five years.
What is a smart move for him to make now?
Pay for a comprehensive credit report history to show his lender.
O Sell his first vehicle to show less debt on his credit report.
Refinance his first vehicle.
Request a free copy of his credit report before applying for a loan.
Answer: D- request a free copy of his credit report before applying for a loan
Explanation:
:) it’s smart moves
Sam needs to buy a second vehicle for his growing business by financing it for five years. The smart move for him to make now is to request a free copy of his credit report before applying for a loan.
What do you mean by business?Business refers to the activity of making money by producing or selling products such as goods and services.
The smart move for him to make now is to request a free copy of his credit report before applying for a loan.
Therefore, D is the correct option.
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