The following events occur for The Turner Corporation during 2024 and 2025, its first two years of operations.


June 12, 2024 Provide services to customers on account for $35,000.
September 17, 2024 Receive $20,000 from customers on account.
December 31, 2024 Estimate that 40% of accounts receivable at the end of the year will not be received.
March 4, 2025 Provide services to customers on account for $50,000.
May 20, 2025 Receive $10,000 from customers for services provided in 2024.
July 2, 2025 Write off the remaining amounts owed from services provided in 2024.
October 19, 2025 Receive $40,000 from customers for services provided in 2025.
December 31, 2025 Estimate that 40% of accounts receivable at the end of the year will not be received.

Required:
1. Record transactions for each date.
2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.
3. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025

How to calculate
July 2, 2025 Write off the remaining amounts owed from services provided in 2024.

If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor Option B.  both Dale and Terrence are made better off by trade.

In this scenario, Dale is a guitar teacher and Terrence is a tile layer. Dale teaches Terrence's daughter how to play the guitar in return for Terrence tiling Dale's kitchen floor. It is a classic example of trade and bartering. Dale, the guitar teacher, would have had to pay for tile installation if he hadn't bartered with Terrence, the tile layer. Terrence, on the other hand, would have had to pay for guitar lessons if he hadn't traded with Dale.

Both Dale and Terrence, therefore, benefit from the trade, and they are both better off as a result. Because Dale receives tile installation in exchange for teaching guitar lessons, and Terrence receives guitar lessons in exchange for tile installation, both benefit.

In conclusion, the answer is (b) both Dale and Terrence are made better off by trade. When both parties are better off after a trade, it is known as a mutually beneficial trade. Trade, in general, promotes mutual gains by allowing people to concentrate on what they do best and exchange their output with others for goods and services that they desire. Therefore, the correct option is B.

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The probability that fewer than two machines will be inoperative during a particular day is approximately 0.982201, or 98.22%.

To find the probability that fewer than two machines will be inoperative during a particular day, calculate the probability of having zero or one machines inoperative.

Denote the event "a machine becomes inoperative during a given day" as A. The probability of this event is given as P(A) = 0.002.

To calculate the probability of fewer than two machines being inoperative, calculate the probability of zero machines being inoperative (P(0)) and the probability of one machine being inoperative (P(1)), and then sum them up.

The probability of zero machines being inoperative is given by:

P(0) = (1 - P(A))¹⁰⁰

= (1 - 0.002)¹⁰⁰

= 0.980198

The probability of one machine being inoperative is given by:

P(1) = 100 × P(A) × (1 - P(A))^99

= 100 × 0.002 × (1 - 0.002)^99

= 0.198003

Now, calculate the probability of fewer than two machines being inoperative:

P(fewer than two) = P(0) + P(1)

= 0.980198 + 0.198003

= 0.982201

Therefore, the probability that fewer than two machines will be inoperative during a particular day is approximately 0.982201, or 98.22%.

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In a perfectly competitive resource market, the Marginal Revenue Product Curve is downward sloping. The Option C is correct.

The marginal revenue curve is a curve that graphically represents the relation between the marginal revenue received by a perfectly competitive firm for selling its output and the quantity of output sold.

As a perfectly competitive firm is a price taker and faces a horizontal demand curve, its marginal revenue curve is also horizontal and coincides with its average revenue (and demand) curve. It also maximizes profit by producing the quantity of output found at the intersection of the marginal revenue curve and marginal cost curve.

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The reasons to keep your money in a financial institution are:

Safety - To keep your money safe from burglars.

Convenience - Its easy to get your money out of the ATM when you need it.

Growth - If you put your money in a savings account you can collect interest.

Security - Leaving your money in the bank will make sure that even if your money is stolen you can get it back

Financial institutions are organizations that provide financial services to individuals, businesses, and governments. These institutions include banks, credit unions, investment companies, insurance companies, and other financial intermediaries.

Banks are perhaps the most well-known financial institutions. They provide a range of financial services, including checking and savings accounts, loans, mortgages, and credit cards. Credit unions are similar to banks, but are typically smaller and owned by their members.

Investment companies, such as mutual funds and exchange-traded funds (ETFs), allow individuals to invest in a variety of assets, such as stocks, bonds, and real estate, without directly owning those assets. Insurance companies offer various types of insurance, such as life insurance, health insurance, and auto insurance, to help individuals and businesses manage risk.

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select all the reasons to keep your money in a financial institution

Safety - To keep your money safe from burglars.

Convenience - Its easy to get your money out of the ATM when you need it.

Growth - If you put your money in a savings account you can collect interest.

Security - Leaving your money in the bank will make sure that even if your money is stolen you can get it back

None of the above

Answer:

Face book.

Explanation:

Invasive, privacy concerns

Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.

Beverly Mills decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accommodate a variety of driving patterns.All the leases are for 3 years and require no money at the time of signing the lease.

The three lease options available to Beverly Mills are as follows:

Option 1:Monthly cost: $330Total mileage allowance: 36,000 miles (an average of 12,000 miles per year)Cost for any miles over 36,000: $0.35 per mile

Option 2:Monthly cost: $460Total mileage allowance: 45,000 miles (an average of 15,000 miles per year)Cost for any miles over 45,000: $0.45 per mile

Option 3:Monthly cost: $540Total mileage allowance: 60,000 miles (an average of 20,000 miles per year)Cost for any miles over 60,000: $0.55 per mile

Therefore, Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.

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The goal of marketing is to generate interest in the products or services that your business offers. This is accomplished by marketing, analysis, and comprehension of the interests of your prospective clientele.

The term "marketing" refers to a broad range of actions used to promote and sell your goods and services to consumers. Although advertisement is the most popular marketing technique, it also includes other elements like customer research & product design.

It is, in essence, an action made to draw attention to a business's offerings, which may include both physical products for sale and services offered. Advertisements in magazines, posters on the roadside, and television commercials are a few instances of marketing in action.

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The Edgeworth box consistent with this story would show a distribution where Aoife has 8 lobsters and 10 coconuts while Emma has 12 lobsters and 10 coconuts.

The Edgeworth box is a graphical representation used in economics to analyze the distribution of goods between two individuals or economies. It consists of a box divided into two halves with each half representing the allocation of goods to one individual.

The positions within the box represent different allocations and the edges of the box represent the initial endowments of each individual. In this case, Aoife's initial endowment is 10 lobsters and 5 coconuts, while Emma's initial endowment is 10 lobsters and 15 coconuts.

After trading, Aoife ends up with 8 lobsters and 10 coconuts while Emma has 12 lobsters and 10 coconuts. This allocation can be represented by a point within the Edgeworth box where the horizontal axis represents lobsters and the vertical axis represents coconuts.

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Answer:

a. we have:

Increase in profit of Pants if processed further = $31,550

Increase in profit of Shirts if processed further = $46,000

Decrease in profit of Coats if processed further = -$700

b. We have:

1. Both Pants and Shirts should be processed further.

2. Coats should should be sold as unfinished fabric.

Explanation:

a. Calculate the increase or decrease in profit if the products are processed further.

Note: See the part (a) of the attached excel file for calculation of the increase or decrease in profit if the products are processed further.

In the attached excel file, we have:

Increase in profit of Pants if processed further = $31,550

Increase in profit of Shirts if processed further = $46,000

Decrease in profit of Coats if processed further = -$700

b. Assume that the $400,000 in costs is allocated based on the number of units of output. Which products should be sold as unfinished fabric and which should be further processed?

Note: See the part (b) of the attached excel file for calculation of the increase or decrease in profit if the products are processed further.

In the attached excel file, we have:

Increase in profit of Pants if processed further = $31,550

Increase in profit of Shirts if processed further = $46,000

Decrease in profit of Coats if processed further = -$700

Since both there are increases in the profits of both Pants and Shirts if they are processed further, this implies that both Pants and Shirts should be processed further.

Since there is a decrease in the profits of Coats if it is processed further, this implies that Coats should should be sold as unfinished fabric.

Using the appropriate tool from the Accountant Tools menu, the 4  options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C  and F:

In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.

This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.

Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.

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See full question below

Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?

Classes

Customers

Products and Services

Locations

Tax Code

Account

Suppliers

Answer:

c. 23.45

Explanation:

National best bid (NBB) is the highest bid price across all the nation at a given point of time. In this question, 23.45 is the highest bid price from Gulf before 10:00:07

Answer:

1. $54,000

2. $9,760

Explanation:

1) Computation of budgeted sales

Budgeted sales = $50,000 + ( $50,000 × 8%)

Budgeted sales = $50,000 + $4,000

Budgeted sales = $54,000

Therefore the Budgeted sales will be $54,000

2). Calculation for the budgeted selling expenses for May using this formula

Budget selling expense for May= Manager salary + ( Commission on budget sales) + (Shipping cost on budget sales)

Let plug in the formula

Budget selling expense for May= $4,900 + ($54,000 × 6%) + ( $54,000 × 3%)

Budget selling expense for May= $4,900 + $3,240 + $1,620

Budget selling expense for May=$9,760

Therefore the Budget selling expense for May will be $9,760

Answer:

Marginal utility of each becomes negative

Explanation:

Utility is defined as the level of satisfaction that a person gets from consuming a product.

The person keeps on consuming the item until the level of marginal utility for the product becomes less than zero.

That is there is no satisfaction anymore in consuming the product.

In the given instance Thomas will continue to consume both candy bars and ice cream until the level of satisfaction (marginal utility) is now less than zero or negative

Answer:

$705,400

Explanation:

Computation for the estimated cash collections on accounts receivable for the month of February.

January sales received in February:

Within discount period $102,900

[ (15%*$700,000) x 0.98]

After discount period $49,000

( 7%* $700,000)

February Sales received in February:

Within discount period $441,000

[(60% * $750,000) x 0.98]

After discount period $112,500

(15% of $750,000)

Estimated cash collections for February $705,400

($102,900+$49,000+$441,000+$112,500)

Therefore the estimated cash collections on accounts receivable for the month of February is $705,400

Answer:

No, because he can increase his total utility by purchasing more music downloads and fewer snacks.

Explanation:

No, because he can increase his total utility by purchasing more music downloads and fewer snacks.

A music is a collection of coordinated sound or sounds. The music making is the process of putting sounds and tones in an order, mostly combining them to create a unified composition.

The musicians or artists creatively organize sounds for a desired result of music or sound in a pleasant manner.

The music is made up from sounds, vibrations, and silent moments, and it doesn't always have to be pleasant or pretty or soothing. The music can be used to convey a whole range of experiences, environments, and emotions in a different-different way according to the environment.

Almost every human culture or custom or religion since ancient times has a tradition of making music. Examples of early instruments like flutes and drums.

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To write this report include main ideas for each section, connect them appropriately, and review the text after writing it.

Based on the prompt, the idea of this report is to describe the problem  Tata Vacation currently has and the possible solutions for this problem. This means you need to include complete ideas in each of the sections proposed. Some of the ideas you can include are:

After this, you want to include all the ideas in each of the sections using appropriate linking words and other connecting expressions such as:

Finally, review the text and make corrections to improve the report.

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Answer:

A. the benefits or customer value received by users of the product.

Explanation:

Utility refers to the benefits or customer value received by users of the product. This ultimately implies that, any satisfaction or benefits a customer derives from the use of a product or service is generally referred to as a utility. These utilities can be classified into four (4) main categories and these are;

1. Time utility: this is associated with the benefit or customer value received by users of a particular product when needed or at the right time.

2. Form utility: it is the satisfaction or benefits a customer receives from the provision of alternatives or production of close substitutes.

3. Possession utility: it involves making goods and services readily available for customers to purchase or use.

4. Place utility: it involves making a good provision of outlets or shops where customers can easily find or come to when purchasing products.

Answer:

Option B; Creating face-to-face interviews

Explanation:

Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.

Answer:

Explanation:

Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.

Answer:

1

Explanation:

If each doll shirt gets 5 buttons then only one can be finished with 5 buttons.

Answer:

Explanation:

a person's regular occupation, profession, or trade which he/she is doing regularly in his/her daily life.

The following figure illustrates the market for a banned substance, and if a unit penalty is imposed on sellers, buyers, or both sellers and buyers, then the market price and the quantity consumed can be calculated. To start, a unit penalty on sellers only would mean that the market price would increase and the quantity consumed would decrease. option C is correct

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The acronym PLC, which stands for a public limited company, indicates that the firm's shares are publicly traded. It is the British equivalent of "Inc." in the United States.

In the United Kingdom, a public limited company (PLC) is a type of public business. PLC is the counterpart of a publicly listed firm in the United States that uses the Inc. or corporation classification. The inclusion of the PLC acronym following a business's name is required, and it informs investors and anybody interacting with the firm that it is a publicly listed corporation. PLC, which stands for a public limited company, is an acronym for public corporations in the United Kingdom.

PLCs make up the majority of the firms listed on the London Stock Exchange. A PLC shares can be purchased by any regular investor. Unlike privately held companies, public companies are required to publish financial data and disclosures to the public on a regular basis.

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Answer:

D. This is a voluntary response sample and is likely to underestimate the proportion of residents satisfied with the cleanliness of the area.

Explanation:

i took the quiz

This is a voluntary response sample and is likely to underestimate the proportion of residents satisfied with the cleanliness of the area.

A survey is a set of questions used in human subject research with the goal of gathering specific information from a certain population. Surveys can be carried out via the phone, by mail, online, at street corners, and even in shopping centers. Surveys are used to collect data or learn more in areas like demography and social research.

Survey research is frequently used to evaluate ideas, beliefs, and emotions. Surveys might have narrow, focused objectives or they can have broad, more general objectives. In addition to being utilized to satisfy the more practical requirements of the media, such as evaluating political candidates, public health officials, professional organizations, and advertising and marketing directors, surveys are frequently employed by psychologists and sociologists to evaluate behavior.

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The price elasticity of supply for the good is approximately 1.96.

Price elasticity of supply measures how the quantity supplied to changes in price of the good. It is the ratio of the percentage change in quantity supplied to the change in the price of the good.

Price elasticity of supply = midpoint change in quantity demanded / midpoint change in price  

Midpoint change in quantity supplied = change in quantity demanded / average of both demands

change in quantity supplied = 126 - 100 = 26

average of both supply = (126 + 100) / 2 = 113

Midpoint change in quantity supplied = 26 / 113 = 0.23

Midpoint change in price = change in price / average of both price

Change in price = $9 - $8 = $1

Average of both prices = (9 + 8)  / 2 = 8.50

Midpoint change in price = 1 / 8.50 = 0.11765

Price elasticity of supply = 0.23 / 0.11765 = 1.96

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Answer:

The main characteristics that determine a market structure are: the number of organizations in the market (selling and buying), their relative negotiation power in relation to the price setting, the degree of concentration among them; the level product of differentiation and uniqueness; and the entry and exit barriers ...

Explanation:

Please mark me as the brainliest answer

Answer:cud unfriend and I have a good idea about how you are cute lol

Fjjfjffnf

Explanation:

Cjfjfjffuhejejeiejwkwkwkd is tyiooo and you have to do it for you or not

Answer:

d) the dining room where customers eat their meals

Explanation:

In the given situation, since it is mentioned there is a Sammy's fast food restaurant that generates the sandwiches, soups, and other items for customers

So based on the options given, the last option should be considered as a fixed input for the production function as the dining room is a fixed plus non-movable item so the same is to be considered

hence, the correct option is d.

Answer:

D

Explanation:

I would say D because you want to give a good impression on your customers so they want to come back and know that you will take good care of them.

The solution to the given question when we consider total cost and total revenue, given in the following table:

Quantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit

------- | -------- | -------- | -------- | -------- | --------

0     | 5       | 5        | 0        | 0        | -5

1     | 11      | 6        | 6        | 6        | 1

2     | 17      | 6        | 12       | 6        | 5

3     | 24      | 7        | 18       | 6        | 4

4     | 31      | 8        | 24       | 6        | -7

5     | 39      | 8        | 30       | 6        | -9

6     | 47      | 8        | 36       | 6        | -11

7     | 55      | 8        | 42       | 6        | -13

As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.

Therefore, the answer to the question is 3.

In summary:

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