Answer:
False
Explanation:
Although there is currently no specific data protection legislation in place in KSA, personal data and privacy are somewhat protected in other sectoral laws, particularly in the context of technology and electronic communications.
During 2022, its first year of operations as a delivery service, Flounder Corp. entered into the following transactions.
1. Issued shares of common stock to investors in exchange for $137,000 in cash.
2. Borrowed $55,000 by issuing bonds.
3. Purchased delivery trucks for $63,000 cash.
4. Received $18,000 from customers for services performed.
5. Purchased supplies for $6,600 on account.
6. Paid rent of $5,900.
7. Performed services on account for $10,700.
8. Paid salaries of $26,700.
9. Paid a dividend of $11,500 to shareholders.
Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders’ Equity in the far right column. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, see Illustration 3-4 for example.)
Answer:
Flounder Corp.
The Effect of Each Transaction on the Accounting Equation:
1. Issued shares of common stock to investors in exchange for $137,000 in cash.
Assets (Cash +$137,000) = Liabilities + Equity (Common Stock +$137,000))
2. Borrowed $55,000 by issuing bonds.
Assets (Cash +$55,000) = Liabilities (Bonds Payable +$55,000) + Equity
3. Purchased delivery trucks for $63,000 cash.
Assets (Cash -$63,000; Trucks +$63,000) = Liabilities + Equity
4. Received $18,000 from customers for services performed.
Assets (Cash +$18,000) = Liabilities + Equity (Retained Earnings +$18,000)
5. Purchased supplies for $6,600 on account.
Assets (Supplies +$6,600) = Liabilities (Accounts Payable +$6,600) + Equity
6. Paid rent of $5,900.
Assets (Cash -$5,900) = Liabilities + Equity (Retained Earnings -$5,900)
7. Performed services on account for $10,700.
Assets (Accounts Receivable +$10,700) = Liabilities + Equity (Retained Earnings +$10,700)
8. Paid salaries of $26,700.
Assets (Cash -$26,700) = Liabilities + Equity (Retained Earnings -$26,700)
9. Paid a dividend of $11,500 to shareholders.
Assets (Cash -$11,500) = Liabilities + Equity (Retained Earnings -$11,500)
Explanation:
The accounting equation states that Assets = Liabilities + Equity. This equation is the basis of the double system of recording accounting transaction. It shows that assets are funded by either liabilities or equity or a combination of the two. With this equation, every transaction is recorded twice on either side of the equation or on one side, as the case may be. The equation is always in balance because transactions are entered twice.
Who qualifies for unemployment?
The formula to find simple interest is I=PRT where p represents the________ , r represents the _____ and t represents the ________. This formula just calculates the interest, which would need to be added back to the original investment (or principal) to find the final amount or the future value of the investment.
Answer:
no carnal pregunta a alguien mas ....
Explanation:
lo siento:(
WILL GIVE BRAINLIEST! Which ranks the educational background of these professionals from most to least? o Nanny → Loan Counselor Mental Health Counselor → Sociologist o Mental Health Counselor Sociologist → Loan Counselor Nanny o Sociologist → Mental Health Counselor → Loan Counselor → Nanny Loan Counselor → Mental Health Counselor → Sociologist – Nanny
Answer:
The actual answer is B
Explanation:
Yes Sociologists require a masters degree but often Mental health councilors require many Masters degrees
Have a great day
Mental Health Counselor Sociologist → Loan Counselor Nanny ranks the educational background of these professionals from most to least.
What is education?Both imparting information to others and absorbing it from someone else are acts of education. Education also covers the institution of teaching as a whole as well as the information acquired via formal education or instruction. There are a few other noun senses for education.
Education background includes a high school diploma, a general education diploma, transcripts of completed secondary education, or a certificate of completion from an approved radiology program.
Therefore, Thus option (B) is correct.
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The skills, tools, and processes used to plan, execute, and control the elements of a project are a part of __________.
Answer:
success
Explanation:
give an example of a company that would add to the GNP of the United States.
a) workers from Thailand provide tech support from a thai company's office in Chicago.
b) an American company manufactures furniture and North Carolina that is sold in the United States and other countries.
c) a factory Mexico manufactures television sold in the United States.
A.
Explanation:
yan po sakto po yan thank you po
Which is most likely the result of healthy competition in the market?
OHigher prices, lower quality, less choices
O Lower prices, better quality, more choices
O Higher prices, better quality, less choices
O Lower prices, lower quality, more choices
Answer:
O Lower prices, better quality, more choices
Explanation:
Business competition forces entrepreneurs to seek better ways to satisfy customers' needs. Business owners use creativity to develop products that provide a high utility value to consumers.
Business competition compels firms to innovate as they try to win more customers. Through innovations, firms create products and services that are more appealing in terms of quality and price than rival goods and services.
What are the elements that makes management development distinct
Which of the following is a factor that is usually considered in a cost benefit
analysis?
A. Employee leasing
B. Reactive change
C. Shareholder recognition
D. Growth scenarios
Answer:
Growth scenarios
Explanation:
A P E X
A company that has a global vision
Who is a second-degree contact on a professional networking site?
Explanation:
2nd-degree ties - Individuals linked to certain 1st-degree links. We may submit an application to them through pressing the Preview button on everyone personal page, or by sending an email to them.
Mac users can perform these tasks with the Finder.
open applications, folders, and files
turn off their computers
launch the Start menu
delete files
move files
Answer: all of them
Explanation:
Some of the January transactions of City flights are listed below Jan 3 Paid $3,520 rent for hangar space during January. Jan 4 Placed advertising in local newspaper for publication during January. The agreed price of $860 was payable within 10 days after the end of the month. Jan 7 The business City Flights took a loan from the bank of amount $20,000.The loan has to be paid back to the bank as Accounts payable. Jan 15 O. Wright the owner withdrew $7,500 cash for personal use. Jan 16 Paid salaries to employees for services rendered in first half of January $13,200. Jan 25 Provided transportation for executives of the Hurley Corporation a long time credit customer. Sent bill for $ 470 due within 30 days. Jan 29 Received a bill from Western Oil Company for fuel used in January amounting to $4,360 and payable by February 10. Jan 31 Paid $3,372 to Steven Motors for repair and maintenance work during January.
Answer:
thywryrjnhywtnj
Explanation:
tyjnsw5ttbgf det heb xehy
The form of business ownership that has the most difficulty in raising capital is the ....
Answer:
Corporations Most complicated form of business structure It is a legal entity (an individual) owned by individual stockholders they have limited liability.
PLEASE HELP WILL MARK BRAINLEST!!!!
Which of these elements contributes toward globalization of the
economy?
A. Use of foreign labor
B. Import duties and tariffs
C. Anti-immigration policies
D. Opportunity costs
Answer:
A
Explanation:
The elements contributes toward globalization of the economy is Anti-immigration policies. Thus, option C is correct.
What is Globalization?Globalization creates greater interconnections among the people and economies of the world. Increasing trade and communication between nations is considered one example of globalization. Globalization represents the exchange and growing liberty between the nation and people worldwide.
Globalization guides toward global cultural, economic and political integration. Conservative Republicans seek to shield American business from Foreign competition by imposing tariffs. Tariff barriers are import tariffs.Tariffs essentially boost the pricing of such imports, giving domestic businesses a competitive advantage in the same marketplaces.
Therefore, The elements contributes toward globalization of the economy is Anti-immigration policies. Thus, option C is correct.
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what are five ways you can make sure the customers experience is the best that can possibly turn them into a loyal customer?
Answer:
Here is 6 ways
Explanation:
1. Set up ways to communicate with your customers
2. Provide extra perks for your most loyal customers
3. Consider different payment plans
4. Provide great customer service
5. Don’t rely too much on technology
6. Offer a head start
How is healthcare an economic issue?
health care coverage
the economic impact of obtaining health care coverage and using that coverage in a timely and effective manner
Governments generally take responsibility for
Multiple Choice
deciding what is produced by most businesses.
determining the moral code.
making sure the economy remains healthy.
the purchasing decisions of households.
Answer:
c
Explanation:
I'm sorry if it's wrong tell me if it's right though
The future value of $2000 earning 3% interest for 1 year is
Answer: Ending Balance:: $2,060.00
Explanation:
$2,060.00 is the future value of $2000 earning 3% interest for 1 year.
What is future value and present value?The quantity of cash that has to be paid in order to accomplish a particular future goal is known as the present value. The calculation is shown below-
Future Value = Present\ Value ( 1+ r )^n
Future Value = 2000 ( 1+ 0.03 )^1
Future Value = $2060
Thus, it is $2,060.00
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If you fail to file a tax return:
a) You can call the IRS office and apologize
b) The IRS will contact you by phone
c) The IRS will penalize you in the form of a dollar amount
d) Nothing will happen
what best describes an asset ?
Answer:
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations.
Explanation:
ᥬᥬ᭄᭄ What two things can you never eat for breakfast?
Answer:
Lunch and dinner
Explanation:
im smart :)
Answer:
I know!!!!
Explanation:
Lunch and dinner
heheheheheh
An example of secured credit is a
A. payday loan.
B. credit card.
C. mortgage.
D. medical bill.
Answer:.
C. mortgage
Explanation:
Mortgage Secured loans are protected by an asset of collateral of some sort. So the answer would be mortgage because the finance company will hold the deed until the loan is paid in full including interest.
An example of secured credit from the options provided is mortgage.
What is secured credit?Secured credit is a line of credit that is backed up by an asset. In the case that the borrower defaults, the asset used to back up the credit can be possessed by the lender.
On the other hand, unsecured credit is a line of credit that is not backed up by any asset. An example is a credit card.
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A company produces kitchen appliances for several different brands. Each year, there are new designs with new features and new production challenges. You need an organizational structure that allows your purchasing department to keep a lean inventory without disrupting production. You need the flexibility of assigning engineers to a number of different products and diverting resources quickly from one line to another. Which type of organizational structure would work best?
shared services
product
functional
matrix
PLEASE ANSWER QUICKLY 20 points
i know the answer
but this answer is contains 10 marks but u said 20 points
shared services or matrix
Answer:
Matrix
Explanation:
Airline travel and car rentals are complement goods. What happens first when
the price of airline travel increases?
A. The demand curve for car rentals shifts to the right.
B. The demand curve for car rentals shifts to the left.
C. The quantity of car rentals demanded goes down.
D. The quantity of car rentals demanded goes up.
Answer:
D. The quantity of car rentals demanded goes up.
Explanation:
Complimentary goods are products that are used together. If Airline travel and car rentals are complementary goods, it means the two products must be used together. Either of the products will not add much value to the customer if purchased alone.
Complimentary products have a joint demand. An increase in demand for one good leads to an increase in demand for the other product. If the demand for Airline travel rises, the demand for car rentals also increases. A decrease in demand will have similar effects.
What two things should Zara keep in mind to make sure that the food her restaurant serves is free of chemical contaminants?
Identify three ways you can group customers into market segments?
Answer:
you could do demographic segmentation
behavioural segmentation
geographic segmentation
psychographic segmentation
notes: hope this helps
Q. prepare journal entries from the following business transaction?
Received a bill from western oil company for fuel used in january amounting to $4360 and payable by February 10.
Answer:
Fuel is an expense and the fact that it was not paid off immediately means that it is an amount owed to Western Oil thereby making it an Accounts Payable.
Journal entry is:
Date Account title and Description Debit Credit
Fuel Expense $4,360
Accounts Payable $4,360
Jason is shopping at Hollister. Hollister has a sale: spend $100 saves 10%. If Jason buys clothes that costs $100, how much will he pay after he receives the discount? Jason is shopping at Hollister. Hollister has a sale: spend $100 saves 10%. If Jason buys clothes that costs $100, how much will he pay after he receives the discount?
Answer:
$90
Explanation:
Hollister has an offer of 10% savings for every purchase.
Jason buys clothes for $100. His savings will be 10% of $100
=10/100 x100
=0.1 x 100
=$10
Jason will pay
=$100 - $10
=$90
Jason will pay $90
Marriott builds a hotel for $34 million and sells it to a banking
firm for $52 million. Marriott charges the banking firm 2-4 % of gross revenues to operate the hotel. This business transaction is
known as
franchising
REIT
investment partnership
management contract
Answer:
management contract
Explanation: