the income statement of dolan corporation for 2017 included the following items: interest revenue $141,000 salaries and wages expense 210,000 insurance expense 21,200
Answers
The income statement of Dolan Corporation for 2017 includes the following items: Interest Revenue: $141,000
This represents the income earned by Dolan Corporation from interest on loans, investments, or other interest-bearing assets.
Salaries and Wages Expense: $210,000
This represents the amount paid by Dolan Corporation for employee salaries and wages during the year. It includes compensation for both regular employees and any additional wages paid, such as overtime or bonuses.
Insurance Expense: $21,200
This represents the cost incurred by Dolan Corporation for insurance coverage during the year. It includes premiums paid for various types of insurance, such as property insurance, liability insurance, or workers' compensation insurance.
These items provide insights into Dolan Corporation's income and expenses for the year 2017. However, additional information is needed to assess the company's overall financial performance and profitability, such as revenue from sales, other operating expenses, taxes, and net income.
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Related Questions
Which of the following is one way that land contributes to production?
A. Tools are created by humans to aid production.
B. Roads allow for the transportation of goods.
C. Ideas are needed to figure out how to use natural resources.
D. Energy from the environment fuels production.
Answers
Someone who creates attractive presentations of food dishes for magazines is called which of the following?
a. food stylist
b. research chef
c. personal chef
d. food preparation worker
Answers
Answer:A
Explanation:
Which statement is not true about the self-managed team approach?
1.These are work groups that supervise themselves
2.Some people do not have the skills to work in a self-managed team.
3.The team leader is not a team member.
4.Every team member learns from the other's job.
Answers
Answer:
3.The team leader is not a team member.
Explanation:
Given that a self-managed team is a type of team that has several employees whose roles are not limited to some specific responsibilities but also spread to other roles including the production of goods and services delivery.
Usually, the group plans and implement the plan themselves. Also, the team members work in synergy which makes them learn from one another including the team leader who is also part of the team.
Hence, in this case, the correct answer is "The team leader is not a team member."
In 2011, it was estimated that 45 percent of Indians worked in the primary sector - mainly agriculture. Why was this sector least important of the three in terms of output?
Answers
Answer:
not sure i can really help sorry
From the information below, compute the payout ratio for Kevin's Trailers (common) Net Income Cash Dividends Retained Earnings Stock Dividends $250 40 500 (common) 16% ОООО 20% 4%
Answers
To compute the payout ratio for Kevin's Trailers (common), we need to determine the portion of net income that is paid out as cash dividends.
First, we calculate the total dividends by summing the cash dividends and the value of stock dividends:
Total Dividends = Cash Dividends + Stock Dividends
Total Dividends = $40 + ($500 * 4%)
Total Dividends = $40 + $20
Total Dividends = $60
Next, we divide the total dividends by the net income to calculate the payout ratio:
Payout Ratio = Total Dividends / Net Income
Payout Ratio = $60 / $250
Payout Ratio = 0.24 or 24%
Therefore, the payout ratio for Kevin's Trailers (common) is 24%.
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The ________ function allows for multiple criteria in multiple ranges to be evaluated and counted.
Answers
The COUNTIF function enables the evaluation and counting of many criteria across various ranges. Use the COUNTIF function if you want to use numerous criteria at one time. The COUNTIF function has the following syntax: =COUNTIF (range, criteria).
The range specifies which cells must be counted, and the criterion control specifies which cell values must be counted and which must not. Using Excel's COUNTIF function to count using the AND condition is quite simple. For counting cells with two or more criteria, use the COUNTIFS function.
For purposes of partial matching, the COUNTIF function's criteria can also incorporate a variety of logical operators and wildcards. Excel's COUNTIF function does not allow the use of arrays and always requires a range of cells.
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3. Not all the busines contracts
are legal. Justify.
Answers
Answer:
They could be scams wanting money out of you. It is simple as that they can act as a business but they aren't. To be honest with you you are your own business because whatever you do is good or well so you don't need approval on others so my answer is scammers cause other businesses are working hard to make money and respect their customers!
what is a perfect market?
Answers
‘in a perfect market, confidence in a brand should coincide exactly with its market share’
Answer:
A Perfect market is
a market where the sellers of a product or service are free to compete fairly, and sellers and buyers have complete information: The internet has a big part to play in the creation of a perfect market. Compare. imperfect market.
What is selling the rights to place a brand name on products such as t-shirts referred to as?
a. international branding
b. national branding
c. private branding
d. regional branding
e. licensed branding
Answers
Selling the rights to place a brand name on products such as t-shirts referred to as licensed branding.
Leasing a brand name to some other business is known as licensed branding. The leased brand is then utilised for the duration of the agreement in a specific way and within a given geographic area. However, it is one that a lot of businesses and brands are not utilising. The business that leases a brand is referred to as the licensee, whereas the corporation that grants a brand is the licensor.
Although the licensee uses the brand name to sell their product or service, the licensor receives royalties. As a result of being able to reach the consumers of the rival brand, the licensee has access to a larger market. A good or service can enter a new market and develop strategically with a licenced brand.
The correct answer is option E.
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Define vocational training and vocation with examples.
Answers
Answer: If you're learning a skill that could lead to a specific job, like how to repair cars or how to be a chef, you're getting vocational training. Vocational means "related to a career." A vocation is a job or career, so something vocational is related to a specific kind of work. Vocational skills typically refers to occupations that you can learn with some basic training or on-the-job in lieu of a college degree. Electricians, truck drivers, hair stylists, medical records technicians and emergency medical technicians are some examples of occupations with vocational skills. Many trade schools focus on a specific career or industry. Types of vocational schools include:
Mechanical and automotive schools.
Business schools.
Culinary schools.
Art and design schools.
Cosmetology schools.
Education programs.
Health care schools.
Legal and criminal justice schools.
Hope this helps....... Stay safe and have a Merry Christmas!!!!!!!!!! :D
(credit goes to Indeed.com Vocational training.)
why is freshness of ingredients important in salad preparation
Answers
The fresher the ingredients of the salad the better and more authentic the taste of the ingredients. This is because fresh ingredients provide the most flavour compared to ingredients contained with preservatives.
Fresh ingredients are also better for your health. Because there aren’t any preservatives and extra chemicals and oils, it fulfills the purpose of the salad.
Although fresh ingredients may not be cheap to buy, in the long run it will be better for you body because it won’t be filled with processed foods. Instead it will be filled with fresh ingredients that are beneficial to your health.
How did cecilia’s knowledge of economics help her make a savvy commodity purchase? she knew that diamonds are popular and in high demand. she knew that diamonds are a nonrenewable resource, making them scarce. she knew that the cost of diamonds depends only on the demand. she knew that the purchase of diamonds will satisfy wants and needs.
Answers
"She knew that diamonds are a non-renewable resource" is the knowledge of economics that helped her make a savvy commodity purchase.
Resource allocation is often known as the distribution of productive assets among various uses.
Resource allocation is a problem because a society's resources are finite, although people's wants are typically limitless, and since any given resource can be put to a variety of different uses.
The price system is the main mechanism in free-enterprise systems for allocating resources to the uses that consumers find most appealing.
Resource allocation decisions are made politically in planned economies and in the public sectors of mixed economies.
Any economizing agency's goal is to distribute resources in a way that gets the most output from a given combination of resources, within the bounds of available technology.
Hence, the correct answer is "She knew that diamonds are a non-renewable resource".
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Answer:
B.) She knew that diamonds were a nonrenewable source, making them scarce.
Explanation:
The economic survey 2018 suggest that the psychological biases
can be used in the realm of tax compliance. It is in favour of using
religious norms such “dying in debt is a sin” to improve tax
compliance.
Identify the related dimensions of business environment.
Answer
(a) Legal and social dimension
(b) Social, and economic dimension
(c) Technological and political dimension
(d) Political and economic dimension
Answers
Answer: (a) Legal and social dimension
Explanation:
The Legal dimension of the business environment deals with laws and regulations governing the business environment. Tax compliance will therefore fall under this dimension.
The social dimension includes social structures like culture, tradition and the like. Using religious norms will therefore fall under here as religion falls under social structures.
true or false?: you should use the same cover letter when applying for multiple jobs.
Answers
False. It is not recommended to use the same cover letter when applying for multiple jobs.
Cover letters should be tailored to each specific job and company, highlighting relevant skills and experience and explaining why you are a good fit for that particular position. Using a generic cover letter could make it seem like you are not really interested in the specific job or company, and may reduce your chances of getting an interview.
Using the same cover letter for multiple job applications is generally not recommended. Each job opportunity is unique and may require a tailored cover letter that specifically addresses the qualifications and requirements of that particular job.
A well-crafted cover letter can make a significant difference in catching the attention of the hiring manager and setting you apart from other applicants. By customizing your cover letter to the job you are applying for, you can show your understanding of the company and the position, and demonstrate how your skills and experience make you a strong fit for the role.
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Jane is planning to implement the same work scheduling system in the accounting department that her company uses in the retail division. Which type of change does this represent?.
Answers
If she is planning to implement the same work scheduling system. The type of change does this represent is: Adaptive change.
What is adaptive change?Adaptive change can be defined as the type of change that is implemeted so as to learn new things that will help to resolve the problems at hand.
Most companies or organization tend to make use of adaptive change so as to increase their leve of performance and to resolve the challenges they are currently facing.
Inconclusion The type of change does this represent is: Adaptive change.
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pauline orally agrees to sell her house to wanda for $400,000. before the closing, pauline changes her mind. pauline's best defense to wanda's lawsuit against her is:
Answers
Pauline's best defence to Wanda's lawsuit against her is that she entered into the contract orally and that it is unenforceable because it is not in writing.
According to the Statute of Frauds, certain contracts must be in writing in order to be legally enforceable, and real estate contracts are one of them. Therefore, Pauline can argue that the oral contract is not valid and cannot be enforced by law.
Pauline's best defence to Wanda's lawsuit against her is that there was no written contract signed by both party. An oral agreement is a type of contract that is based solely on words rather than writing.
Wanda can bring a lawsuit against Pauline for breach of contract if Pauline orally agreed to sell her house to Wanda for $400,000, but Pauline changed her mind before the closing date. However, Pauline may argue that Wanda has no claim because the contract was never written and, thus, unenforceable.
Therefore, Pauline's best defence to Wanda's lawsuit against her is that there was no written contract signed by both party.
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Orlando opened a hot dog stand in Brooklyn, doing business as Orlando's Red Hots. Unfortunately, the venture has not generated a profit. Orlando borrowed $5,000 from the bank to open his business, and the short-term loan is now due. Orlando's friend Bob has suggested partnering with him at the beginning of next year. From which of the following sources can the bank currently recover its $5,000
Answers
It's important to note that without specific information about the loan agreement and any collateral provided, it is difficult to determine the exact source from which the bank can recover its $5,000.
The bank can currently recover its $5,000 from the following sources:
1. Orlando's Assets: The bank can try to recover its loan by seizing and selling any assets that Orlando used as collateral when taking out the loan. For example, if Orlando used his personal savings or equipment as collateral, the bank can sell those assets to recoup the loan amount.
2. Orlando's Business Assets: If Orlando used any business assets, such as the hot dog stand or equipment, as collateral, the bank can also try to recover its loan by seizing and selling those assets.
3. Orlando's Personal Guarantees: If Orlando personally guaranteed the loan, the bank can pursue his personal assets to recover the loan. This means the bank can go after Orlando's personal bank accounts, property, or other assets to get back the $5,000.
It's best for Orlando to consult with the bank and review the loan agreement to understand the options available for repayment.
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1.1 Read the case study below and answer the questions that follow Restaurants in Bloemfontein The economics department of the University of Free State conducted an investigation at restaurants in Bloemfontein to investigate the working conditions of waiters. The studies found discrepancies between the Basic Conditions Of Employment act and the actual working conditions of waiters. Some of the problems they uncovered included long working hours, low wage and a lack of stability. The investigators concluded that although the results in this study applied to Bloemfontein restaurants only, they were likely to apply to restaurants across the country. They therefore urged the Department of Labour to investigate further into the working conditions of the restaurant workers. SOURCE: THE SOUTH AFRICAN JOURNAL OF ECONOMIC AND MANAGEMENT SCEINCE, VOLUME 4 NUMBER 2 PAGES 263-373 1.1 List THREE ways in which the restaurant did not comply with the BCEA. Motivate your answer by quoting. 1.2 Recommend ways in which the restaurant owner can comply with the Act. 1.3 Discuss the penalties for non compliance with this Act. 1.4 Distinguish between the rights of employers and employees. Tabulate your answers. Right of employees Right of employers (
Answers
The THREE ways in which the restaurant did not comply with the BCEA. Motivate your answer by quoting are
Long working hours: The restaurant did not comply with section 9 of the Basic Conditions of Employment Act (BCEA) which specifies that an employee cannot work for more than 45 hours per week. According to the investigation, waiters at the restaurant worked for long hours, which is a violation of this provision.Low wage: The restaurant did not comply with section 6 of the BCEA, which states that employers must pay employees a wage that is not less than the prescribed minimum wage. The investigation found that the restaurant paid its waiters a low wage that was below the minimum wage, which is a violation of this provision.Lack of stability: The restaurant did not comply with section 14 of the BCEA, which provides for the right to paid annual leave. The investigation found that the waiters at the restaurant did not have job security and were not entitled to paid leave, which is a violation of this provision.What are the recommendations and penalties?To comply with the BCEA, the restaurant owner can:
Ensure that waiters work for no more than 45 hours per week.Pay waiters at least the minimum wage as prescribed by the BCEA.Provide job security and paid annual leave to waiters.Non-compliance with the BCEA can result in penalties, which may include:
A fine of up to R500,000.Imprisonment for up to one year.Both a fine and imprisonment.Compensation for affected employees.Compliance orders issued by the Department of Labour.1.4 Distinguish between the rights of employers and employees. Tabulate your answers.
Right of employees | Right of employers
The right to a minimum wage | The right to manage their business as they see fit within the law.
The right to work for no more than 45 hours per week | The right to hire and fire employees.
The right to annual leave | The right to discipline employees.
The right to a safe working environment | The right to protect their business interests.
The right to join a trade union | The right to negotiate with employees and their representatives.
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what is the term for when businesses produce goods and services that consumers do not want
Answers
Answer:
Productive (technical) inefficiency.
Explanation:
A market failure can be defined as a situation in which the market fails to produce an efficient level of productivity or output that is required to meet consumer demand.
This ultimately implies that, a market failure arises when there is inefficiency in the distribution or allocation of goods and services in a free market.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Productive (technical) inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Select a single stock issue, then perform each of the ratio valuations, covered in the lesson. Compare the information and make a recommendation on the value of the stock, and whether it is a good investment. Your submission must list the name of the stock, the data. The information was obtained, the source from which the information was drawn, and a list of each of the ratio models, showing the results. Also, prepare a narrative of at least two paragraphs that analyzes your findings and indicates your recommendations.
Answers
We should note that stock valuation helps to predict the future price or potential market prices for the investors to time their sales or purchase of investments. Its values the intrinsic value of the stock that shows the profitability of the business and its future market value.
What is the stock valuation of Apple Inc?In this context, let's assume we're analyzing Apple Inc. (AAPL), a technology company that designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players.
One key ratio valuations that investors might use to assess the value of AAPL is Price-to-earnings ratio (P/E ratio). This ratio compares the current stock price to the company's earnings per share (EPS). A high P/E ratio suggests that investors are willing to pay a premium for the stock based on its earnings potential.
To calculate the P/E ratio for AAPL, we would divide the current stock price by the company's EPS. As of 2022, AAPL had a P/E ratio of around 28, which is slightly higher than the industry average of around 24.
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what benefits and limitations of businesses specializing in the prodution and supply of just one type of good
Answers
Answer:
Limited market: If the demand for the product decreases or the market becomes saturated, the business may struggle to sell its products.
Dependence on a single product: If something goes wrong with the production of the product, the business may struggle to continue operating.
Lack of diversification: Specializing in just one product means that the business is not diversified and may be more vulnerable to market fluctuations.
Hello,
I hope you and your family are doing well!
The benefits of specializing in the production and supply of just one type of good include achieving economies of scale, developing expertise in a specific market, and reducing costs. Limitations include limited market opportunities, dependence on a single product, and difficulty diversifying.
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Happy Holidays!
All of the following would be considered market manipulation under the Uniform Securities Act EXCEPT:
A. giving fictitious quotes
B. commingling customer funds with broker-dealer funds
C. spreading rumors that may affect the securities prices positively
D. effecting trades at the close of the market to affect the closing price
Answers
B. commingling customer funds with broker-dealer funds. Commingling customer funds with broker-dealer funds is not specifically considered market manipulation under the Uniform Securities Act.
Instead, it falls under the category of misappropriation of customer funds, which involves the unauthorized use of customer funds for personal gain. While this behavior is prohibited and can result in legal consequences, it is not directly classified as market manipulation. Market manipulation refers to actions that distort the free and fair operation of the securities market. The other options listed—giving fictitious quotes, spreading rumors to affect securities prices positively, and effecting trades at the close of the market to manipulate the closing price—are all examples of market manipulation. These activities are aimed at artificially influencing stock prices or creating a false impression of supply and demand, leading to unfair advantages or deceptive market conditions.
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the estimated use the company expects to obtain from an asset before disposing of it is referred to as the
Answers
The estimated use the company expects to obtain from an asset before disposing of it is referred to as the useful life.
The useful life of an asset is an accounting estimate used to estimate the number of years an asset is likely to be used for revenue generation in a cost effective manner for the benefit of the company. Useful life is used in the calculation of the deprecation expense of an asset.
Determinants of the useful life of an asset
Frequency with which the asset is used. The more an asset is used, the lower its useful life. The age of the machine when it was purchased. The quality of maintenance of the asset.A similar question was answered here: https://brainly.com/question/17267874
will mark brainliest if answered!! due today!! this was in my business class so i chose business
Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representative for the local fishing industry, Rochelle, says that locals are vigorously opposed to Lionel’s idea. A town meeting is held. Lionel explains how his company is dedicated to practicing the safest drilling techniques. He explains that oil piped from the ocean’s floor is purer and that it can be harvested in a more efficient way than an oil rig on land. Lionel also emphasizes how much the trucks carrying fish to the markets all over the country would save if local oil was able to be used. Rochelle fires back that in the past, serious accidents with offshore oil drilling have been reported. She points out that if there were a spill, the resulting death of fish would cost the local fisherman their livelihood. Local opinion on the issue is split. Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials order a report from a biotechnologist. Everyone agrees to go with what the biotechnologist recommends. Which side do you think the biotechnologist will agree with? Why?
Answers
Answer:
Rochelle
Explanation:
Because Rochelle oil company is safer than lionel because if there was a leak the damage would be very big.
Answer:
Rochelle
Explanation:
Rochelle because Because her oil company is safer than Lionel because if there were an oil spill the damage would be huge and it would damage the fish while if they take on Rochelles's idea, they can keep the fish healthy and happy.
what is the law of demand and supply
Answers
Answer:The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.
Explanation:
What does an exchange rate tell you?
A. How many products have been exchanged between two different countries
B. The number of people in one country in comparison to another country
C. How much one unit of currency is worth when converted to another currency
D. The speed that people are buying a specific type of product
Answers
Answer:
C. How much one unit of currency is worth when converted to another currency
It tells you: C. How much one unit of currency is worth when converted to another currency.
a type of chart that uses vertical bars to compare data is called a
Answers
Answer:
bar graph
Explanation:
a graph that uses vertical or horizontal bars to display data
Neolithic people practiced metallurgy.
How did the advancement in technology. Benefit. Early humans
Answers
Answer:
the answer is D
Explanation:
Answer:
D. Metal was used to make stronger items that lasted longer
Explanation:
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a small business owner has created a linear regression model to predict the number of new customers who will visit a shop based on the number of times the owner has an advertisement played on the radio. what is the explanatory variable and what is the response variable? responses explanatory: number of new customers; response: number of times the advertisement is played explanatory: number of new customers; response: number of times the advertisement is played explanatory: number of times the advertisement is played; response: number of new customers explanatory: number of times the advertisement is played; response: number of new customers explanatory: number of times the advertisement is played; response: number of purchases made by customers explanatory: number of times the advertisement is played; response: number of purchases made by customers explanatory: number of purchases made by customers; response: number of times the advertisement is played explanatory: number of purchases made by customers; response: number of times the advertisement is played explanatory: number of previous customers; response: number of new customers
Answers
Explanatory variable is number of times the advertisement is played and response variable is number of new customers.
What are explanatory variables?
A response variable is what changes as a result of an explanatory variable being changed (for example, caffeine dose) (e.g., reaction times). Other phrases used in research, such as "explanatory variable" and "response variable," are sometimes interchangeable with these two meanings.What role does the explanatory variable play?
One variable may be used to forecast or account for variations in another variable in some research projects. In those circumstances, the explanatory variable is utilized to forecast or account for variations in the response variable. The explanatory variable in an experimental study is the variable that the researcher manipulates.Learn more about explanatory variables
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Rollins Company accumulates the following adjustment data at December 31 . (a) Service revenue eamed but unbilled totals $600. (b) Store supplies of $300 are on hand. Supplies account shows $1,900 balance. (c) Utility expenses of $275 are unpaid. (d) Service revenue of $490 collected in advance has been eamed. (e) Salaries of $800 are unpaid. (f) Prepaid insurance totaling $400 has expired. Instructions (a) Prepare journal entries for each of the events above. (b) Indicate the type of adjustment (prepaid expense, uneamed revenue, accrued revenue, or accrued expense). Problem 3. In its first year of Operations Buddy Company earned $28,000 in service revenue, $6,000 of which was on account and still outstanding at year-end. The remaining $22,000 was received in cash from customers. The company incurred operating expenses of $14,500. Of these expenses $13,000 were paid in cash; $1,500 was still owed on account at year-end. In addition, Buddy prepaid $3,600 for insurance coverage that would not be used until the second year of Operations. Instructions (a) Calculate the first year's net earnings under the cash basis of accounting, and calculate the first year's net earnings under the accrual basis of accounting. (b) Which basis of accounting (cash or accrual) provides more useful information for decision makers?
Answers
(a) The first year's net earnings under the cash basis of accounting is $9,000.
(b) The first year's net earnings under the accrual basis of accounting is $13,500.
Accrual basis of accounting provides more useful information for decision makers.
Journal entries for the events above are as follows:
(a) Debit: Service Revenue Accounts Receivable $600 Credit: $600
(b) Debit: Supplies Expense Supplies $300 Credit: $300
(c) Debit: Utility Expense Accounts Payable $275 Credit: $275
(d) Debit: Unearned Service Revenue Service Revenue $490 Credit: $490
(e) Debit: Salaries Expense Salaries Payable $800 Credit: $800
(f) Debit: Insurance Expense Prepaid Insurance $400 Credit: $400
The types of adjustments are as follows:
(a) Unearned revenue
(b) Prepaid expense
(c) Accrued expense
(d) Accrued revenue
(e) Accrued expense
(f) Prepaid expense
In its first year of operations, Buddy Company earned $28,000 in service revenue. $6,000 of the revenue was on account and still outstanding at year-end, while the remaining $22,000 was received in cash from customers. The company incurred operating expenses of $14,500, with $13,000 paid in cash and $1,500 still owed on account at year-end. Additionally, Buddy prepaid $3,600 for insurance coverage that would be used in the second year.
(a) The first year's net earnings under the cash basis of accounting is $9,000.
(b) The first year's net earnings under the accrual basis of accounting is $13,500.
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