Answer:
compound journal entry
Explanation:
The Double -entry is a bookkeeping technique where transactions are recorded in two or more accounts. Most transactions will affect two accounts. One of the accounts is debited, and the other one is credited. It is also possible to have both accounts debited or credited.
Some transactions may require more than two entries. These are the transactions that affect more than two accounts. For example, Goods sold on discounts or goods sold partially on credit and partially cash. The journal entries for such transactions are compound entries.
An entry with two or more debits or credits is called a compound journal entry.A compound journal entry refers to a type of accounting entry that involves multiple debits and/or credits.
In a compound journal entry, two or more accounts are affected simultaneously to record multiple transactions or adjustments.
These entries are used when a single transaction or event affects multiple accounts and requires multiple debits and/or credits to accurately reflect the financial impact. Compound journal entries are commonly used in complex transactions such as the issuance of stock for a combination of cash and non-cash assets, the acquisition of assets through a combination of cash and liabilities, or the allocation of costs among multiple departments or projects.
The compound journal entry format typically includes multiple debit and/or credit lines, each indicating the specific account, the amount, and a brief description of the transaction or adjustment being recorded. This helps ensure proper documentation and transparency in the accounting records.
Overall, compound journal entries are an essential tool in accounting to accurately capture complex transactions and provide a comprehensive view of the financial impact on multiple.
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Pauletta Flores has a health insurance plan with a $500 deductible. The plan
covers 90% of her hospital charges. Following hospital surgery, her costs
included $700 in physician visit co-payments, $250 in physical therapy co-
payments, and a hospital bill of $11.675. A $250 hospital admission fee is
not covered by her insurance. What amount did she pay?
Answer:
$2,617.50
Explanation:
For Pauletta, her deductible is $500.
She has to pay the &700 and $250 co-payments from her pocket.
Her insurance covers 90% of the hospital charge, so she has to meet 10% of the hospital cost.
Pauletta will pay 10% of $11,675. + 500 deductible + $700 + 250 co-payments
=1,1675.50 +$500 +$700, +$250
=$2,617.50
What is the gross pay if Yesinia worked 88 hours in two weeks and she is paid $12.75 and hour
A change in tastes or fashions can impact..
A. Group of answer choices
B. Both Supply and Demand
C. Supply
D. Demand
E. Neither Supply nor Demand
Answer:
Demand
Explanation:
It would change the need or desire to buy certain fashion articles
Answer:
b because,the demand for new clothes and other things,will be higher,and then since the demand is so high the supply will be really low
A restaurant that serves $1400 a day in meals to 140 customers with an average cost of goods sold per unit at $7.00.
What is the average unit of sale for this business?
Answer:
=$10
Explanation:
The average unit of sales will the total serves per day divided by the total number of customers.
= $1400/140
=$10
The average unit of sale is $10
ask questions using the question word's given within brackets
A sales call from a telemarketer is an example of which type of promotion?
Personal selling
Publicity
Advertising
Sales promotion
Answer:
a
Explanation:
Should I start my final exam? im kinda scared ill get a bad grade lol. anyways, I hope everyone is doing great.
Answer:
do it lol putting more words because its requireddddd
Answer:Yes you should and dont be scared just try your hardest. Also i am doing great what about you ?
Explanation:
If the demand for donuts is elastic, then a decrease in the price of donuts will a. not change total revenue of donut sellers. b. increase total revenue of donut sellers. c. There is not enough information to answer this question. d. decrease total revenue of donut sellers.
Answer:
B
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes
If demand is elastic and price is decreased, the quantity demanded would increase more than the change in price. As a result, revenue would increase
Why is it difficult to increase the nation’s supply of goods and services when everyone has a job?
what is the rate of return?
A Rate for Return is a net gain or loss of an investment over a specified time period, expressed as a percentage of the investments initial cost, when calculating the rate and return you are determining the percentage chage from beginning of the period until the end.
Answer:
that Is good
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A 120 volt circuit is operating under normal load, how much voltage is present at the grounding conductor
Answer:
0 V
Explanation:
The grounding conductor is used to provide a grounding connection for equipment and devices. Under normal conditions, the grounding conductor has no current passing through it and no voltage. During a fault, the grounding conductor serves as a pathway for current so that the device would not be damaged.
The ground serve as a reference potential (0 V) used for the flow of current from the source to the load.
Your employees have an average salary of $37,000 per year. Their benefits, health insurance and a retirement plan, are worth $22,000 per year. What percentage of their total compensation (salary plus benefits) is benefits
Answer:
i think that answer 15%percentage
Which of the following items demonstrates flexibility?
O Learning a new method
O Using an old procedure
O Ignoring technological advancements
O Refusing to try something new
Has anyone ever had the thought of wanting more friends but you are so weary of the people around you that you are not sure? I am not petty but if your nothing but drama please unfriend me.
Answer:
I wanna be friends!
Explanation:
I like Anime
Answer:
I have
Explanation:
Bill smith economic influences
I don't really know of Bill Smith but I know Adam
Smith's best - known ideas formed the basis of economic theory , including the invisible hand theory ( the idea that free - markets coordinate themselves ) , the division of labor ( the idea that people should specialize in specific tasks ) , and the measurement of economic activity ( Gross Domestic Product ) .
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Answer:
a
b
b
a
Explanation:
EPA is part of how to avoid this type of risk?
compliance
operational
strategic
financial
Answer:
A.compliance
Explanation:
What is the meaning of your mom.
Answer:
your is something you possess, mom is the woman who birthed you
Explanation:
Answer:
Your mom is an expression that is regularly trailed by an assertion making fun of somebody's mom. This consistently includes exaggerated articulations spinning around an individual characteristic that she could possibly have.
(I know this post was most likely a joke)
Why do you think banks have such widely varying policies on overdraft fees?
Answer:
Banks have alot of varying policies to feed the sutiaion for different people. Varying policies allow banks to charge people for varying reason that fits them.
Explanation:
Some banks treat their customers better than others, which explains why banks' overdraft policies vary so widely. Some banks require the funds generated by overdraft fees because banks exist to make money.
Why are overdraft fees charged by banks?Overdraft fees may be viewed as a way for financial institutions to be compensated for the risk they assume by allowing users to make purchases with money they do not currently have. It also helps banks because these fees are a significant source of revenue for many financial institutions. Overdraft fees for customer accounts are being reduced or eliminated as a result of increased competition. The bill limits the number of overdraft fees that can be charged to a consumer each month and year, and it requires that such fees be reasonable. The bill prohibits charging an overdraft coverage fee if the overdraft is caused solely by a debit hold amount that exceeds the transaction's actual dollar amount.To lean more about overdraft fees, refer to:
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8. Which statement best describes the role of households within the circular flow model?
a. They collect taxes from businesses and individuals
b. They produce goods and services to sell to consumers
c. They sell labor to businesses and pay taxes to government
d. They pay wages to government
The statement that holds the best for the role of households within the circular flow model is that they sell labor to businesses and pay taxes to the government. Hence, option C is appropriate.
What do you mean by the Circular flow model?The Circular Flow model is one of the best ways of understanding how the economy of a particular society works. The Circular Flow Model is a very common economic measure that is seen in our day-to-day life. The most important part is the understanding of the ultimate of resources and understanding.
The Circular Flow Model in economics signifies the nature in which the economy or the production system in the vast economy is carried out. It shows the flow of goods from the household to the factories to the labor, to the shops, and again back to the household.
The Circular Flow Model shows the capitalist model of the Economy. The amount of revenue generated from the Circular Flow Model Economy is generally given to the Government as taxes.
Hence, option C is correct.
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TIME REMAINING
50:38
Which of these organisms have no seeds and no specialized tissues?
sequoia trees
orange trees
club moss
liverworts
Answer:
club moss I believe for it is a more simple organism
Answer:
It's D. Liverworts
Explanation:
I took the test on Edge
If the assets of a business stay the same from one month to the next and the liabilities increase, the
owner's equity will decrease.
True
False
You purchased 100 shares of stock valued at $55 per share. The stock value increases to $85 per share. What was the
rate of increase?
Answer:
48%
Explanation:
100 x 55 = 5500, 85/55/10 x 10^6 /10^4 + 32.5454545455 = 48
Answer: 55%
Explanation:
Which of the following is an example of specialization?
A. An engineer is an expert at designing roofing systems
B. An automobile manufacturer produces the entire vehicle itself
from start to finish
C. A commercial farm produces a wider variety of crops to guard
against the failure of any one crop
D. A general contractor provides repair and maintenance services of
all types
Answer:
A. An engineer is an expert at designing roofing systems
Explanation:
Specialization is focusing on a few or just one type of work. It is concreting in kind of work that one is most productive. In specialization, an employee or individual engages in few activities and becomes an expert in that field. Specialization contrast with involving oneself in many activities and becoming an expert is none.
An engineer focusing on designing roofing systems is an example of specialization. The engineer has become an expert in roofing systems as he spends a lot of time doing the same thing.
Given the ethical lapses that are prevalent today in our businesses, what can be done to restore trust in the free-market system and leaders in general
Answer:
New laws making accounting records transparent and punishing the wrongdoers may help restore trust.
Explanation:
Those who violate the law need to be punished accordingly. New laws that make accounting laws more transparent (easier to read and understand) and more accountable to entrepreneurs and others will help restore confidence in the free-market system. But laws do not make people honest, confident or honest and Making businesses more accountable for company actions can help restore trust in free-market systems and leaders in general.Suppose the seventh carrot you consume provides a marginal utility of 3 utils and the eighth carrot provides a marginal utility of 2 utils. If you consume the eighth carrot your total utility will
Answer:
the total utility in the case when you consume eight carrots is 5 utils
Explanation:
The computation of the total utility in the case when you consume eight carrots is shown below:
= Marginal utility when seventh carrot is consumed + marginal utility when eight carrot is consumed
= 3 utils + 2 utils
= 5 utils
Hence, the total utility in the case when you consume eight carrots is 5 utils
give three uses of personal budget
Answer:
1) To insure income is sufficient to pay debts
2) To insure the ability to save
3) To be prepared for emergencies
Explanation:
According to the video, what tasks are commonly performed by Farmworkers instead of by machines? Select three
options.
weeding
Opruning
preparing soil
transplanting
planting
Answer:
A: weeding
B: pruning
D: transplanting
Explanation:
trust me i just did it
enjoy :)
WILL GIVE BRAINLIEST, NEED HELP ASAP
1. A company can reduce a surplus of goods if they:
A. Decrease the price
B. Increase the price
C.Does not change the price
2. IPhones have been placed for sale in the market. They can only produce 1 million phones a month, but 200 million want to buy a phone each month creating a shortage. How can Apple eliminate the shortage?
A. Increase the price
B. Decrease the price
C. Do nothing to the price
A prediction of how many sales your business plans to make is a
Answer: sales forecast
Explanation:
The sales forecast section is a key section of your business plan.
This section relates directly to the market analysis, competitive edge, marketing plan and pricing sections (see our guide to writing a business plan).
