Wages expense Wages payable Utilities expense Accounts payable Unearned service revenue Service revenue Equipment Intangible assets Long-term investments Adjusting entries: 1. Accrue wages expense. 2. Accrue utilities expense. 3. Adjust the Unearned Service Revenue account to recognize earned revenue.

Answers

Answer 1

Answer and Explanation:

The adjusting entries are shown below

1. Accrued wages expenses

Wages expense Dr XXXXX

         To Wages payable XXXXX

(Being the accrued wages is recorded)

For recording this we debited the wages expense as it increased the expense and credited the wages payable as it also increased the liabilities

2. Accrued utilities expenses

Utilities expense Dr XXXXX

         To Account payable XXXXX

(Being the accrued utilities expense is recorded)

For recording this we debited the utility expense as it increased the expense and credited the account payable as it also increased the liabilities

3. For adjusting the unearned service revenue

Unearned service revenue Dr XXXXX

         To Service revenue XXXXX

(Being the unearned service revenue is recorded)

For recording this we debited the unearned service revenue as it decreased the liability and credited the service revenue as it increased the revenue


Related Questions

what is the square root of 19995

Answers

19995 has a square root of around 141.429.

There are two square root for every positive integer x: a positive square root sqrt and a negative square root sqrt. By expressing the sign as display style pm sqrt x, the two roots may be conveyed more concisely. Even though the major square root is only one of a positive number's around two square roots, the phrase "the square root" is occasionally used to refer to it.

The context of complex numbers can be used to analyze square roots of negative numbers. More broadly, square roots can be taken into account in any situation where the concept of an object's "square" is established. Among other mathematical structures, these include square matrices and function spaces.

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You run a nail salon. Fixed monthly cost is $5,093.00 for rent and utilities, $5,924.00 is spent in salaries and $1,370.00 in insurance. Also every customer requires approximately $4.00 in supplies. You charge $116.00 on average for each service.You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,944.00, salaries to $6,992.00 and insurance to $2,427.00 per month. Cost of supplies will increase to $8.00 per service. However you can now charge $151.00 per service. At what point will you be indifferent between your current location and the new loaction

Answers

Answer:

The indifference point is 290 services.

Explanation:

Current location:

Rent and utilities= $5,093

Salies= $5,924

Insurance= $1,370

Total fixed cost= $12,387

Contribution margin per unit= 116 - 4= $112

New location:

Rent and utilities= $11,944

Salies= $6,992

Insurance= $2,427

Total fixed costs= $21,363

Contribution margin per unit= 151 - 8= $143

First, we need to structure the total income formula (y):

Current location:

y= 112x - 12,387

New location:

y= 143x - 21,363

x= number of services

Now, we equal both formulas and isolate x:

112x - 12,387 = 143x - 21,363

31x =8,976

x=  289.55 = 290 services

The indifference point is 290 services.

Prove:

y= 112*290 - 12,387= $20,093

y= 143*290 - 21,363= $20,107

The difference is due to round up.

Your company, CSUS Inc., is considering a new project whose data are shown below. The required equipment has a 3-year tax life. Under the new law, the equipment used in the project is eligible for 100% bonus depreciation, so the equipment will be fully depreciated at t = 0. The equipment has no salvage value at the end of the project’s life, and the project does not require any additional operating working capital. Revenues and operating costs are expected to be constant over the project's 10-year expected operating life. What is the project's Year 4 cash flow?

Answers

The project's Year 4 cash flow, CF, is just the same as the Year 3 cash flow, CF.

What is the project's Year 4 cash flow?

The project's estimated working life is 10 years, during which time income and operating expenses are anticipated to remain stable. We are unable to compute the precise quantities of income and costs because we are not provided with this information. Instead, we'll presump that the project will produce a steady annual cash flow (CF) for the course of its ten-year lifespan. We do not need to account for any depreciation costs for the project because the equipment is depreciated at time zero. The yearly cash flow generated by the endeavor, which we'll assume is CF, will be equal to the cash intake in Year 4 of the project. All operating expenses related to the project in that year, in addition to any taxes that must be paid, will be included in the cash outflow in Year 4. We are unable to compute the particular operational costs or tax rates because we are not given this information. Instead, we'll assume that the project's constant yearly cash flow includes the operational expenses and taxes.

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chiến lược phân phối của thương hiệu Omo

Answers

Answer:No

si chang chang hoi

Explanation:

RainMan Inc. is in the business of producing rain upon request. They must decide between two investment projects: a new airplane for seeding rain clouds or a new weather control machine built by Dr. Nutzbaum. The discount rate for the new airplane is 9 percent, while the discount rate for the weather machine is 39 percent (it happens to have higher market risk). Which investment should the company select and why

Answers

Complete data:

Year___AirplaneWeather __ Machine

0 _______–90 _________ –900

1 _______500 ___________550

2 _______600 ____ ______600

3 _____________________685

Answer:

Weather machine, because it has a higher equivalent annual cash flow.

Explanation:

Discount rate :

New airplane = 9% = 0.09

Weather machine = 39% = 0.39

Calculate the Equivalent annual cashflow of each :

Using the relation :

New airplane :

(-900+500/1.09) + (600/1.09^2) * 0.09 / (1-1/1.09^2)

(−900+500÷1.09+600÷1.09^2)×9%÷(1−1÷1.09^2)

= 36.2249

Equivalent Annual cashflow of Weather Machine=(−900+550÷1.39+600÷1.39^2+685÷1.39^3)×0.39÷(1−1÷1.39^3)

= 38.0828

Based on the result of the equivalent annual cashflow, the company should opt for investing in weather machine.

The percentage share of the company
that owners give to the investors in
exchange for their investment is called:

Answers

The percentage share of the company that owners give to the investors in exchange for their investment is called an IPO.

The procedure through which a private firm might become public by selling its equity to the general public is known as an initial public offering. It could be a brand-new, youthful business or an established one that decides to list on a market and subsequently goes public. It benefits both the public and the company.

An initial public offering (IPO) refers to the transfer of a portion of the company's ownership to investors in exchange for their investment.

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Who qualifies for unemployment?

Answers

D I know you are so cute ☺️ and queen

Evaluate whether Min-Chul is right to focus more on non-financial motivators than financial
motivators to attempt to motivate employees.

Answers

The most prevalent financial motivations occur at work and entail monetary rewards. These are your extrinsic motives, often known as carrots and sticks, which are used to encourage and reward employees for specific achievement behaviors.

Financial incentives drive workers and make them aware of what they stand to gain or lose depending on their performance when they are effectively conveyed. The employee can more easily provide for their families and materially better their lives outside of work thanks to this kind of inducement. Financial incentives can also raise short-term morale and productivity.

Naturally, not everyone is driven by money, and Gallup has discovered that there is no connection between engagement and pay scale. In addition, because of their monetary character, financial motivators frequently have declining returns. Less frequent non-financial motivators are frequently intangible and do not explicitly involve money. These can take various forms, such as acknowledgment, increased accountability and faith in a position, involvement in decisions, adaptable schedules, mentoring, feedback, and others.

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(More than 1 answer)Which of the following collect and evaluate career outlook information: Internal Revenue Service
U.S. Department of Labor
Colleges and universities
State departments of education.

Answers

Answer: U.S. Dept. of Labor, Universities, and Colleges, as well as, State Department of Education collect and evaluate career outlook information.

Explanation:

The collect and evaluate career outlook information: Internal Revenue Service are U.S. Department of Labor, State departments of education & Colleges and universities.

What do you mean by the career outlook?

The word "job outlook" refers to the projection of the expected change in a specific occupation. This forecast is typically made based on how many individuals are anticipated to work in a particular occupation over a certain amount of time, such five or ten years.

The job outlook is a projection of how many people will be working in a specific occupation over a given time period, such as two years, five years, or 10 years.

Therefore, the collect and evaluate career outlook information: Internal Revenue Service are U.S. Department of Labor, State departments of education & Colleges and universities.

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If you were seleted for this position, how quickly would you be able to start?*​

Answers

If I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled.

As a responsible individual, I would like to make sure that I do not leave my current employer stranded and would provide them with adequate notice as required. I believe in fulfilling my professional obligations and would like to do the same in my current position. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner. This would include ensuring that all my work is up-to-date and handing over my responsibilities to my successor in a systematic and thorough manner.

Once the notice period is over and all the formalities have been completed, I would be able to start working in my new position. I understand the importance of being punctual and professional and would make sure that I arrive at work on time and fulfill all my responsibilities to the best of my abilities. I believe in teamwork and would work closely with my colleagues to ensure that the objectives of the organization are met.

In conclusion, if I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner and would arrive at work on time and fulfill all my responsibilities to the best of my abilities.

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An office's computers are connected in a mesh topology. How many cables are required to connect four computers to each other?

Answers

Soo woo soo woo all is la app Daz XP

FAST I NEED HELP WILL MARK BRAINLIEST

The end of the pandemic that gripped the country and most of the world the
last three years has fueled extraordinary economic activity.

The economy grew at an annual rate of nearly 9% last quarter, making it a
full year that the American economy has grown at a clip higher than 8%.
We learned today that the economy added 550,000 jobs last month,
bringing the unemployment rate down to 2.7%; that is the lowest
unemployment rate recorded since World War II. Soaring home prices and
a churning stock market have consumers and businesses ready to spend,
though analysts fear all that spending may be more than the economy can
handle; the CPI rose 9.7% last month over the same month a year ago,
and there are fears that the CPI will increase by double digits this month.

President Sally Jenkins took credit for the positive economic numbers,
crediting her administrations $1 trillion tax cut last year; the president also
pledged to carry on with plans for $1 trillion in spending on both defense
and a national child care program; she did not comment on the CPI
numbers. Fed Chairman Hal Kubrick did make note of the CPI, calling the
trend “alarming” and promising to help Americans with rising prices by
keeping interest rates near zero.

5. Evaluate the comments by President Sally Jenkins. Does she correctly understand what the economy needs? Why or why not?


6. Evaluate the comments by Fed Chairman Hal Kubrick. Does he correctly understand what the economy needs? Why or why not?

Answers

Yes, the Fed Chairman understands the need for keeping interest rates of unemployment low to help Americans with rising prices.

President Sally Jenkins might be assuming acknowledgment for the positive monetary numbers, yet it isn't altogether clear on the off chance that she comprehends what the economy needs.

The $1 trillion tax break last year might have added to monetary development, yet her arrangements for additional spending on both safeguard and a public kid care program could overwhelm the economy.

Furthermore, the taking off home costs and agitating financial exchange may not be manageable, and the apprehensions of twofold digit expansions in the CPI demonstrate that the economy will be unable to deal with all the spending.

In this way, it is problematic whether the president's arrangements are in accordance with the requirements of the economy.Then again, Took care of Director Hal Kubrick's remarks show that he has a superior comprehension of the economy's necessities.

The disturbing pattern of rising CPI and the anxiety toward twofold digit increments require a cautious adjusting of loan costs to assist Americans with adapting to rising costs.

Keeping financing costs close to zero might assist with facilitating the weight on shoppers, and this shows that the Fed Administrator is centered around resolving the squeezing monetary issues.

Subsequently, Kubrick's remarks demonstrate that he has a superior handle of the ongoing monetary circumstance and what the economy needs to keep on developing economically.

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Mitchell, Inc., is expected to maintain a constant 4.6 percent growth rate in its dividends, indefinitely. If the company has a dividend yield of 5.8 percent, what is the required return on the company's stock

Answers

The required return on the company's stock given the growth rate and the dividend yield is 10.4%.

What is the required return?

The required return is the return that investors demand for investing in a stock. The more risky a stock is, the higher the return demanded by investors.

Required return = dividend yield + growth rate

4.6% + 5.8% = 10.40%

Question 1: Refer to lecture PowerPoint slides on organizational culture and discuss how Noor bank transformed on seven dimensions?
Seven dimensions are

Detail-oriented
Innovative
Aggressive
Outcome-oriented
Stable
People-oriented
Team-oriented

Answers

Noor Bank, a UAE-based Islamic bank, underwent a significant transformation across seven dimensions to enhance its competitiveness in the market.

The first dimension was customer-centricity, where the bank focused on delivering personalized experiences to customers through digital channels. The second was innovation, where the bank introduced new products and services such as mobile banking and digital payments to cater to the evolving needs of customers.

The third was operational efficiency, where the bank streamlined its processes to reduce costs and improve productivity.

The fourth dimension was risk management, where the bank implemented a robust risk management framework to mitigate potential risks. The fifth was talent management, where the bank invested in employee training and development to build a high-performing workforce.

The sixth was sustainability, where the bank demonstrated its commitment to social and environmental responsibility through various initiatives.

Finally, the seventh dimension was collaboration, where the bank formed partnerships with other institutions to expand its reach and offerings. Through these transformations, Noor Bank has become a leading player in the UAE's banking industry and continues to innovate and grow.

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Complete question is:

Discuss how Noor bank transformed on seven dimensions?

Please post about a time when your attitude made a positive difference.

Answers

Developing a positive mindset at work can help you achieve success. It has happened for me several times in my career.

One of the instances I'd like to tell is when I was vying for the position of manager in my workplace as an employee.

In a telecom company, I managed the sales department. I had been working there for 7 years with no success; three of the employees put in less time than I did yet managed to get the top position. I was demotivated by the thought that perhaps there is something I am not doing correctly when I repeatedly lost the post to them. Even though my sales figures were strong, luck evaded me in some way.

Since there had been no advancement, it had been ten years. Nonetheless, I never wavered from my commitment to keep trying. I consistently adhered to the fundamentals and worked to become a better seller. My sales started to rise considerably.

Ultimately, the figures were significant enough to turn the proper heads. Finally, I received a promotion, but guess what? It was to the position of Area Retail Head, which is much more important than Manager. While it took ten years, I am still happy with my accomplishments. It's still as delicious as it was before.

Therefore, being positive in all those years, not looking back or getting discouraged paid dividends and made a huge difference in my life.

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The purchase of a house, property, or land is called a
OA. money market
B. real estate
C. pooled
D. hedge fund
investment.

Answers

Answer:

it is real estate which is

Explanation:

Real estate is defined as the land and any permanent structures, like a home, or improvements attached to the land, whether natural or man-made. Real estate is a form of real property

B. real estate

The purchase of a house, property, or land is called real estate. Real estate refers to land and any physical property or improvements affixed to the land, such as houses, buildings, fences, and bridges. The term is commonly used in the context of buying, selling, or renting properties for residential, commercial, or industrial use. Therefore, option B is the correct answer. Options A, C, and D do not accurately describe the purchase of real estate.

Can anyone help me with this?

Can anyone help me with this?

Answers

Answer:

Here are the answers :D Hope this helps!

Explanation:

Can anyone help me with this?
Can anyone help me with this?

National cement factor is engage in the production of cement, and the company has birr 10,000,000 birr. Further, the production function of the company is given by Q = 20L1/2K1/2, and the unit cost of labor and capital are birr 100 and 50 respectively. Given the above information perform the following questions. Determine the type of returns to scale that the company production function has? Find the optimal level of labor and capital, and maximum output? Find the level of profit if the unit price of 100 KM of cement is birr 400?​​

Answers

From the equation given, it is clear that the company's production function has a constant returns to scale.

What is a production function?

A production function refers to an equation that captures the highest number of output that can be manufactured with a limited or given set of input.

To determine whether a production function has growing, decreasing, or constant returns to scale, multiply each input with a positive constant (t > 0), then see if the entire production function is multiplied with a number that is higher, lower, or equal to that constant.

Recall the the production function is given as:

Q = 20L1/2K1/2; and

Unit cost of Labor and Capital are 100 and 50 respectively. Plugging the Unit costs of Labor and Capital respectively, we have:

Q = (20 * 100)/ (2 *50/2)

= 2000/50

Q = 40

Hence the production function of the company has a constant returns to scale.

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Life insurance immediately creates an estate upon the death of an insured. Which of the following
policies is characterized by a guaranteed minimum death benefit?

Answers

The type of policy that is characterized by a guaranteed minimum death benefit is known as a whole life insurance policy.

A whole life insurance policy is a permanent life insurance policy that offers lifelong protection to the insured and pays out a death benefit to the beneficiaries upon the death of the insured.

One of the key features of a whole life insurance policy is the guaranteed minimum death benefit, which means that the death benefit will never be less than a certain amount, regardless of how the policy performs. This provides a sense of security to the insured and their beneficiaries, knowing that there will always be a minimum amount of money that will be paid out.

In addition to the guaranteed minimum death benefit, whole life insurance policies also offer a cash value component. As premiums are paid, a portion of the premium is set aside in a cash value account that grows tax-deferred over time. This cash value can be accessed by the policyholder during their lifetime through policy loans or withdrawals.

Overall, a whole life insurance policy is a great option for those who are looking for lifelong protection and a guaranteed minimum death benefit. It offers peace of mind to the insured and their beneficiaries, knowing that there will always be a minimum amount of money paid out upon the death of the insured.

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Answer: variable life

Explanation: the variable nature a variable whole life insurance is its death benefit. however, if investment performance is poor, the death benefit will not go lower than the policy's guaranteed minimum.

Which of the following is a manufacturing cost?
A. Indirect materials
B. Advertising expense
C. Depreciation of the office equipment used by the sales staff
D. Salary of clerical workers

Answers

Answer:

A and C

Explanation:

A manufacturing cost is the depreciation of the office supplies utilized by the sales team and indirect materials. As a result, choices (A) and (C) are the correct stuff.

What is manufacturing cost?

The cost of all the resources used to produce a product, collectively referred to as the manufacturing cost, is what is considered. Direct labor, direct material costs, and manufacturing overhead make up the three areas that make up the cost of production. The whole cost of delivery is affected by it.

The raw materials known as "direct materials" are those that are included into the finished good. Applying a chain of processes to maintain a deliverable product provides value to raw materials in manufacturing. For example, welding, cutting, and painting are just a few of the many processes that can be used on raw materials. The difference between direct and indirect materials must be understood.

Hence, option (C) is accurate.

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what are the information sources for measuring performance

Answers

Answer:

The most common sources of information for performance measurement are personal observation, statistical reports, oral reports, and written reports.

Slide that brainliest tho

On July 1, 2015, Pryce Co. issued 1,000 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, 2015 and mature on April 1, 2025. Interest is payable semiannually on April 1 and October 1. What amount did Pryce receive from the bond issuance

Answers

Answer:

$1,015,000

Explanation:

the issuer will receive = $1,000 x 99% = $990 for each bond

$990 x 1,000 bonds = $990,000

the issuer will also receive accrued interests = $1,000 x 10% x 3/12 months = $25 per bond

$25 x 1,000 bonds = $25,000

in total, the issuer will receive $990,000 + $25,000 = $1,015,000

Which of the following best describes how a condominium is owned?
O A. A group of partners own the building and rent each apartment to
the residents.
O B. The residents of a condominium are shareholders in a corporation
that owns the building.
C. A condominium is an apartment that is owned by the resident
rather than a landlord.
O D. Condominiums are apartments owned by a landlord who charges
rent to the residents.

Answers

Answer: A condominium is an apartment that is owned by the resident rather than a landlord.

so it would be O. A

Which of the following statements is accurate about the land account

Answers

Answer:

1- The Land account is increased on the left side of its T-account

2- The Land account is used to record the costs of land purchased by the business

3- The Land account is an asset

Explanation:

Antiques ‘R’ Us is a mature manufacturing firm. The company just paid a dividend of $11.60, but management expects to reduce the payout by 5.25 percent per year, indefinitely. If you require a return of 11 percent on this stock, what will you pay for a share today?

Answers

If you require a return of 11% on this stock, you would be willing to pay approximately $191.13 for a share of Antiques 'R' Us today.

To determine the current share price of Antiques 'R' Us, we can use the dividend discount model (DDM) which calculates the present value of future dividends.

Given:

Dividend just paid = $11.60

Dividend reduction rate = 5.25% per year

Required return = 11%

We need to find the present value of future dividends to calculate the current share price.

Step 1: Calculate the expected dividend in the next period:

Expected dividend in the next period = Dividend just paid × (1 - Dividend reduction rate)

Expected dividend in the next period = $11.60 × (1 - 0.0525) = $11.60 × 0.9475 = $11.007

Step 2: Calculate the present value of future dividends:

Present value of future dividends = Expected dividend in the next period / (Required return - Dividend reduction rate)

Present value of future dividends = $11.007 / (0.11 - 0.0525) = $11.007 / 0.0575 = $191.13

Step 3: Calculate the current share price:

Since the dividend reduction rate is applied indefinitely, the current share price is the present value of future dividends.

Current share price = $191.13

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An oligopoly consists of:​ a. many interdependent firms.​ b. many independent firms.​ c. ​a few independent firms. d. a few interdependent firms.​ e. only one firm.

Answers

a oligopoly consists of a few independent firms

does anyone trust you in your home

Answers

Answer:

no yes maybe

Explanation:

how do you understand the word business finance?​

Answers

Answer:

Business Finance means the funds and credit employed in the business. Finance is the foundation of a business. Finance requirements are to purchase assets, goods, raw materials and for the other flow of economic activities

Answer:

in my opinion and own words

Explanation:

Business Finance simply means the activity of managing money in financial status especially in companies or government organizations to run a business or activity or also a project so it simply means using Finances to run a business

.(Thank you and sorry)0

Samantha has the following assets and liabilities. What is her net worth?
Assets
car - $4,200
savings account - $200
cash - $20
Liabilities
car loan - $1,500
credit card - $100

Answers

Net worth = Assets - liabilities

$4,200 + $200 + $20 - $1,500 + $100
$4,820 - $1,600
= $3,220

Net worth = $3,220


Which of the following are the responsibilities of middle-level managers? (Choose every correct answer.)

Answers

To supervise workers over their day-to-day tasks. generally, middle- position directors are responsible for overseeing their brigades and workers to help a company negotiate its pretensions through design and platoon operation. They will apply programs and objects, and manage prospects with elderly- position operation.

What are the responsibilities of middle-level managers?

Middle superintendences part is substantial and critical to the overall health of the association! Unfortunately, middle operation is overlooked, more frequently than not, as they're micromanaged or not allowed the capability to make opinions that lead to failures or successes. Middle directors MUST be grown, trained, chops developed, ideas allowed and trusted. Middle directors MUST be viewed as the unborn leaders of your association! Organic growth from within, and people moving through the species of the company, is the healthiest way to develop a culture from within.

Middle directors are assigned with running their departments, or divisions, and to execute the plays handed down from upper/ elderly position directors they make the business work daily. They're closest to thrills on the ground and their views, opinions, and fancies need to be taken seriously and openly by elderly leaders. Only by having a strong, stable and visionary middle operation platoon, can you look at the overall company as one which will achieve greatness.

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