The steps below come first in the accounting cycle Analyze and journalize transactions. Option A is the correct answer.
The first step in the accounting cycle is to identify and analyze all transactions made during the accounting period, including expenses, debt payments, sales revenue, and cash received from customers.
The first step involves identifying and analyzing financial transactions and recording them in a journal using journal entries. A record of a business transaction in the accounting books of a business is known as a journal entry and It is used to record financial transactions in a company’s journal, which shows the company’s debit and credit balances.
The First seven steps in the accounting cycle are:
Identifying and Analysing Business Transactions.Posting Transactions in Journals.Posting from Journal to Ledger.Recording adjusting entries.Preparing the adjusted trial balance.Preparing financial statements.Post-Closing Trial Balance.To learn more about the accounting cycle:
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Type the correct answer in the box. Spell all words correctly.
Which good customer service skill does Tony seem to possess?
Tony works as a customer service professional for a store that sells refrigerators. He met a customer who was furious with the store's service.
Apparently, the store had delivered the wrong refrigerator model to the customer's home address. Tony apologized on behalf of the store. He
told the customer that the store would quickly replace the product. He Interacted with the customer for a while and promised that the store
would never give the customer a chance to complain in the future. Tony's ________
helped him make the customer believe
In the store's service.
Answer:
professional manner and reassurance
A basic concept in economics is that all resources are
O scarce.
• allocated.
valuable.
O renewable.
A basic concept in economics is that all resources are scarce. Thus, option a. is the correct answer.
Explain about the basic concept about the economics.
Every person's life includes doing economics on a regular basis in addition to studying it. It serves as a means of balancing the inputs and outputs of money. Whatever it is, one should prepare before the month or count at the end of the month or year, whether it is a small family, a large family, a small commercial enterprise, or a giant organisation. Economics seeks to strike a balance between the unending demands and the finite resources.
After saying this, we'll start talking about the topic of "economics." The pupils who are just beginning their studies in commerce in class XI will find this subject extremely interesting. In essence
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Answer:
Option A scarce
Explanation:
assuming the note or shares of stock are issued at the beginning of the year, complete the income statement for each alternative. 2. answer the following questions for the current year: (a) by how much are interest payments higher if issuing the note? (b) by how much are dividend payments higher by issuing stock? (c) which alternative results in higher earnings per share?
To complete the income statement for each alternative, we need to first understand that issuing a note involves paying interest expenses, whereas issuing stock involves paying dividend expenses. The income statement for issuing a note would include revenues, expenses (including interest expense), and net income.
The income statement for issuing stock would include revenues, expenses (including dividend expense), and net income.
(a) If issuing a note, interest payments would be higher by $10,000 (5% of $200,000). This is because interest is paid on the principal amount of the note. (b) If issuing stock, dividend payments would be higher by $20,000 (10% of $200,000). This is because dividends are paid on the outstanding shares of stock. (c) To determine which alternative results in higher earnings per share, we need to calculate earnings per share for each alternative. Assuming a net income of $80,000 for both alternatives, earnings per share for issuing the note would be $4 ($80,000/20,000 shares), and earnings per share for issuing stock would be $3.33 ($80,000/24,000 shares). Therefore, issuing the note results in higher earnings per share.
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What is the summary of Emersons essay the over soul?.
The ultimate goal of Emerson's article is to arouse interest in and excitement about nature.
In Nature, Emerson believes that spirit is
superior to matter. In order to advance
human understanding of the laws of the
universe and so draw man closer to God,
nature serves as a symbol of the divine.
In contrast to the individual, Emerson has
very nothing positive to say about society. The Ethics of Authenticity, which he refers to as "self-reliance," is the belief that one must rely on oneself to live the life one wishes and that society is incompatible with this.
Emerson thought that the main goal of a
liberal education was to teach pupils how to think for themselves. Students can become the kind of citizens Emerson envisioned by developing them through peer interaction and thoughtfully structured cooperative learning activities.
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The loss in total surplus resulting from a tax is called.
Answer:
Deadweight loss
Explanation:
:D
An elimination period for long-term care policies that is counted based on the number of days the insured receives care is called:______.
The term used to describe an elimination period for long-term care policies that is counted based on the number of days the insured receives care is: service day elimination period.
The elimination period in long-term care policies refers to a waiting period that policyholders must satisfy before their benefits kick in. During this time, the insured individual is responsible for covering the costs of their care. In the context of a long-term care policy, if the elimination period is counted based on the number of days the insured receives care, it is known as a "service day elimination period."
This means that each day the insured receives care, whether in a nursing home or through home health services, counts towards fulfilling the elimination period requirement. Once the elimination period is satisfied, the policy's benefits become accessible to the insured for the specified duration or amount. It's important for individuals considering long-term care insurance to understand the elimination period structure and its impact on their coverage and financial responsibilities.
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Bruce borrowed $1,000 for his trip. If bruce waits for five years to begin paying back his loan, how much will he owe?.
Answer:
$1,610.51
Explanation:
The complete question is
Bruce takes out a personal loan of $1,000 to go on a trip to Florida. His loan has an annual compound interest rate of 10%. The loan compounds once each year. When you calculate Bruce's debt, be sure to use the formula for annual compound interest.
Bruce borrowed $1,000 for his trip.
If Bruce waits for five years to begin paying back his loan, how much will he owe?
we know that
The compound interest formula is equal to
where
A is the Final amount owed
P is the amount of money borrowed
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Answer:
Explanation:
1,500 trust me took the test.
How will you be able to become the cost leader of the market in which you deal?
A.
by focusing on customer loyalty
B.
by analyzing your competitive advantage and identifying which strategy works best for your business
C.
by concentrating on serving a particular segment of customers better
D.
by producing a product that has a higher perceived value to the customers when compared to the already existing products
E.
by producing your goods at the lowest price in the market
Answer:
well it would be A i think
Explanation:
Answer:
E. by producing your good at the lowest price in the market
Explanation:
Plato
Kim-Su found an apartment that she wants to rent. The rent is $715 per month and there is a security deposit of $465. To move in, Kim-Su must have first month's rent, last month's rent and the security deposit. How much does Kim-Su need to move in? a. $1180 b. $1,645 c. $1,895 d. $2,360.
Given the information provided above, including the monthly rent and security deposit, Kim-Su is needed to pay the first month's rent, the last month's rent, and the security deposit.
Option c is the amount required money to move for Kim-Su.
Given:Rent per Month = $715
Security Deposit = $465
The computation:\(715 + 715 + $465 = $1,895.\)
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Answer:
C
Explanation:
the professionally managed global real estate investment market is shrinking because it is the most traditional market true false
Because it is the most established market, the professionally managed global real estate investment industry is declining. So this Statement is True.
Investment Market refers to organizations and individuals whose primary usage of the research material is to I make investment choices or (ii) make (or advise or persuade others to make) decisions on the use of investment banking services, such as corporate finance or M&A.
In the capital market, bonds, stocks, and other financial instruments are bought and sold by buyers and sellers. Participants in the trade include both individuals and institutions. Most securities traded on the capital market are long-term ones. So this Statement is True.
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Go to FRED Economic Data website. Obtain the data on daily yield-to-maturity on U.S. Treasury Securities for long-term and short-term (define long-term and short-term reasonably) from Jan, 1977 to Mar, 2022. In your response to this question, plot the difference between the yields of long-term and short-term securities
A fixed cost is an expense that a business incurs that remains the same regardless of how many goods and services are produced or sold.
As production increases, a corporation with more fixed expenses than variable costs may have higher margins since revenues will rise but costs won't. The margins, though, can also shrink if production falls.
Fixed costs are those expenses that fluctuate over time but not in response to your company's level of activity. Although a bigger volume of production and sales does result in better fixed cost absorption, which eventually increases your profitability.
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Using the allowance method of accounting for uncollectibles, when is bad debt expense recorded ?.
The allowance method estimates bad debt expense at the end of the fiscal year, setting up a reserve account called allowance for doubtful accounts.
An allowance is a quantum of plutocrats given or distributed generally at regular intervals for a specific purpose. In the environment of children, parents may give an allowance to their child for their eclectic particular spending. In a nutshell, an allowance can give children the necessary first-hand experience of handling their own plutocrats and making their own opinions and miscalculations to allow them to learn further about good particular financing.
An allowance is a quantum of else taxable income that you can earn each time, without paying duty on it. A work allowance is a quantum that you can earn before your Universal Credit payment is affected. You'll be eligible for a work allowance if you( and/ or your mate) either have responsibility for a child. limited capability for work.
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Goodstone Tire Corporation sells tires for $100 each. Per unit costs associated with producing and selling the tires are: Direct materials and labor $45; Factory overhead $20; Selling and administrative $15. The variable portion of the factory overhead is $8 per unit. A foreign company wants to purchase 10,000 tires for $70 each. The order would not require any selling or administrative costs. The purchaser will pay the shipping costs, but Goodstone will have to pay a $100,000 inspection fee in order to be able to make the foreign sale. Accepting the special order will not affect current sales or production. What effect would accepting the special order have on Goodstone's net operating income
Answer:
Goodstone's net operating income will increase by $70,000.
Explanation:
Goodstone Tire Corporation
Analysis of accepting special order
Sales ($70 x 10,000) $700,000
Less Variable Expenses :
Direct materials and labor ($45 x 10,000) $450,000
Variable Factory overhead ($8 x 10,000) $80,000
Inspection fee $100,000 ($630,000)
Net Income (Loss) $70,000
Conclusion
Goodstone's net operating income will increase by $70,000.
Answer:Decrease by $15000
Explanation:
Is budget towards a new computer a fixed or variable expense?
Consider jasper’s balance sheet. what is the total value of jasper’s assets? what is the total value of jasper’s liabilities?
The entirety of your cash, the things you've bought, plus the money your clients owe you make up your assets. The total amount of money you owe creditors is your liabilities.
The whole value of the assets you own less the total amount of liabilities you owe equals your owner's equity, net worth, or capital.
Total liabilities are computed as the total of current liabilities and non-current liabilities, such as wages and interest due (e.g., long-term debt).
The total of all current and long-term liabilities from the balance sheet is known as the book value of total liabilities ($). Sales ($) = Income (including other income) from the Income Statement.
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Answer:
assets: $15,800
liabilities: $4,400
Explanation:
A neighbor’s kid comes into your backyard and jumps on the trampoline without your permission or knowledge. He falls off and lands on his head, resulting in a week’s hospital stay.
The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..
What should be done in the event?It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.
One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.
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3. What would be the SIDPP and SICP values at the end of the well control operation? I
The SIDPP and SICP values at the end of a well control operation depend on various factors and problems and can vary significantly based on the specific circumstances of the operation.
During a well control operation, the Shut-In Drill Pipe Pressure (SIDPP) and Shut-In Casing Pressure (SICP) are important indicators used to monitor and control the wellbore pressure. The SIDPP represents the pressure measured at the surface while the well is shut in, and it reflects the pressure exerted on the drill pipe by the wellbore fluids. The SICP, on the other hand, represents the pressure measured at the surface when the well is shut in and provides an indication of the pressure exerted on the well casing.
The values of SIDPP and SICP at the end of a well control operation will depend on several factors, including the initial wellbore pressure, the actions taken to control the well, and the effectiveness of the well control measures implemented. These values are typically monitored closely during the operation to ensure that the wellbore pressure is safely contained. Once the well is successfully controlled, the SIDPP and SICP should stabilize at levels that indicate a safe pressure condition within the wellbore. However, it is important to note that the specific values will vary depending on the characteristics of the well and the operational conditions encountered.
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An amount of cash that a business keeps on hand for small payments or purchases is
called:
A a cash advance
B Petty cash
C a debit card
D an electronic funds transfer
The main reason that Starbucks was able to have the main share of coffeehouses in the world is just two decades is that they: used tangible resources to provide their product. capitalized on the economic climate at the most opportune time. were the only coffeehouse to offer premium coffee during extended hours. successfully applied their knowledge and skills to better serve customers.
Answer:
Were the only coffeehouse to offer premium coffee during extended hours.
Explanation:
Starbucks has a significant share in global markets, it has developed it in not so long time.
Reason behind it might be that - Its premium coffee beans & consequently coffee quality. This complimented with fair range of coffee varieties, relaxing & comfortable ambience, specially during extended hours - helped it attain the status.
The common stock of Free Motion Enterprises currently sells for $29.37 a share. The stock is expected to pay an annual dividend of $1.2 per share next year. The firm has established a pattern of increasing its dividends by 4 percent annually and expects to continue doing so.
The estimated market rate of return on this stock is _______ percent.
(round answer to whole number with two decimal points: i.e., use 1.23 percent instead of 0.0123)
Answer:
The estimated market rate of return on the stock can be calculated using the constant growth (Gordon) model:
r = (D1 / P0) + g
where r is the estimated market rate of return, D1 is the expected dividend next year, P0 is the current stock price, and g is the expected dividend growth rate.
Substituting the given values, we get:
r = ($1.2 / $29.37) + 0.04
r = 0.0409 + 0.04
r = 0.0809
Converting this to a percentage and rounding to two decimal places, we get:
r = 8.09%
Therefore, the estimated market rate of return on the stock is 8.09%.
journalizing cash from other sourcesExample: record in the cash receipts journal a $700 cash sale of land when the land carries a $700 original cost
Journalizing cash from other sources involves recording any cash transactions that do not come from the normal business operations of an organization. For instance, if a company sells land, it would record the transaction in the cash receipts journal. The journal entry would show a $700 cash sale of land, even though the land originally cost $700.
To journalize this transaction, the accountant would debit the cash account for $700 and credit the sales or revenue account for $700. This would reflect an increase in the company's cash position and an increase in revenue.
It is essential to maintain accurate records of all cash transactions to ensure the organization's financial statements are correct and up to date. Journalizing cash from other sources allows businesses to track cash inflows from various sources and ensure they are correctly recorded in the general ledger.
In conclusion, journalizing cash from other sources is crucial to ensure accurate financial records and is an essential aspect of proper accounting practices. Businesses must ensure they have proper controls in place to record all cash transactions and reconcile their records regularly to avoid any discrepancies.
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Which of the following statements is CORRECT?
a. The New York Stock Exchange is an auction market, and it has a physical location.
b. Home mortgage loans are traded in the money market.
c. If an investor sells shares of stock through a broker, then it would be a primary market transaction.
d. While the distinctions are blurring, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise capital from other parties.
e. Money markets deal with common stocks and other equity securities.
The correct statement is A: The New York Stock Exchange is an auction market, and it has a physical location.
The New York Stock Exchange (NYSE) is the world's largest stock exchange in terms of market capitalization. It is located at 11 Wall Street in Lower Manhattan, New York City, and is the most significant exchange in the world. On the NYSE, only registered brokers can trade directly.
Transactions on the NYSE are primarily handled by way of the NYSE electronic trading platform, NYSE Arca, which is utilized to trade NYSE listed stocks and ETFs. To conclude, statement A is correct: The New York Stock Exchange is an auction market, and it has a physical location.
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A friend of yours is trying to insert a Table of Contents into Word, using the option in the References tab, but the table is empty. What mistake has your friend probably made?
The Table of Contents in Word is generated based on the heading styles applied to the text.
What is the use of the reference tab?The References tab is a section in Microsoft Word that contains tools and commands for adding and managing citations, footnotes, endnotes, and bibliographies. It is located in the ribbon interface and includes tools such as Insert Citation, Manage Sources, Insert Footnote/Endnote, Table of Contents, Captions, Index, and Bibliography.
To apply a heading style to a text, select the text and click on the appropriate heading style in the Home tab or apply keyboard shortcuts. Once the text has been formatted, the friend can update the Table of Contents by right-clicking on it and selecting "Update Table of Contents".
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Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three dimensional. How is he MOST LIKELY to add this foreground? A. B. C. D. He might change his position to include some foreground items such as rocks or grasses. He might tilt his camera up to better capture the tops of the hills. He might add some framing trees in the middleground of his image. He might circle around to the side of the hills to capture the cows standing on top. PLS HELP!!
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.
The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.
Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.
Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?
A. He might change his position to include some foreground items such as rocks or grasses.
B. He might tilt his camera up to better capture the tops of the hills.
C. He might add some framing trees in the middle ground of his image.
D. He might circle around to the side of the hills to capture the cows standing on top.
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Question 6 of 10
Which sentence best completes the diagram?
Globalization
?
A. Incomes improve for poor people in all countries.
OB. Fewer companies have a need for natural resources.
OC. Natural resources move from poor to rich countries.
D. Local businesses face less international competition.
Answer:
answer is c
Explanation:
yes
QUESTION 2 of 10: True or False: The biggest disadvantage to third-party lists is that it can take a long time before the list grows large
enough to have an impact on profitability.
Oa) True
Ob) False
The statement on the biggest disadvantage to third-party lists is False.
What is the biggest disadvantage ?The principal hindrance associated with third-party lists is not the amount of time required for it to expand sufficiently in order to generate profitable outcomes.
Rather, the main defect lies on the possibility that such list may not conform to the specific needs and interests of a business venture, thus resulting in unproductively low response rates and marketing efforts. Furthermore, other methods of advertising could be less costly than outsourced lists; there also exists concerns among data privacy and security with respect to using them.
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Why are paul and his company moving back to the front? how does the battle progress over the two weeks the company spend at the front?
Paul and his company are moving back to the front due to the progress of the battle. Over the two weeks they spend at the front, the battle progresses in terms of the advancements made by both sides.
Paul and his company are relocating back to the frontlines in response to the evolving state of the ongoing battle. The decision to move back is likely influenced by strategic considerations, such as changes in the enemy's positions or the need for additional reinforcements. During the two-week period at the front, the battle undergoes further progress as both sides make advancements in their respective positions and tactics.
This progression could involve shifts in territorial control, strategic maneuvers, or changes in the intensity and nature of the combat. The company's experience at the frontlines allows them to witness firsthand the dynamic nature of the conflict and adapt their strategies accordingly to contribute to the overall objectives of their side.
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2. Describe the relationship of profession and education.
In order to have a profession you need to get an education first. You will learn many things that will help you in your profession, no matter what it is. Even an internship is an education. If you start out working along side someone, that someone is giving you an education in how to do the job you want to do.
If you are planning a profession such as a doctor or lawyer, prepare yourself for a LOT of education. You need at least a basic education in order to prepare you for ANY profession. Add, subtract, multiply, divide, read, write and other things so you won’t get cheated out of pay at the least.
Without an education of some kind, you will not be able to do anything. Even if you are a king or queen that you inherited by birth, you still need to know how to decide things. Everything else can be done for you. But there are very few openings for kings and queens these days.
jeremy, a buyer, refused to sign calli’s agency disclosure form. later, he decided to use calli as his agent. how many disclosure forms must calli retain in her files?
Calli must retain one agency disclosure form in her files, which is the one signed by Jeremy when he decided to use her as his agent.
In this scenario, Jeremy initially refused to sign Calli's agency disclosure form but later decided to use her as his agent. In terms of how many disclosure forms Calli must retain in her files, it would depend on the specific regulations and requirements of the jurisdiction in which she operates. However, in general, it is common practice for real estate agents to retain records of all important documents and communications related to their clients and transactions.
Even though Jeremy initially refused to sign the agency disclosure form, it is advisable for Calli to keep a record of this refusal. This documentation can serve as evidence that Calli made a reasonable effort to provide the disclosure to Jeremy, and he consciously chose to proceed without signing it.
When Jeremy later decided to use Calli as his agent, it would be prudent for Calli to have him sign a new agency disclosure form. This form would serve as a confirmation of the agency relationship between Calli and Jeremy, and it ensures that both parties have a clear understanding of their roles and responsibilities.
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Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?
Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation: