The account used on the "credit" side of the journal entry when recording depreciation expense for equipment is Accumulated Depreciation. Content Area The purpose of recording depreciation is to match the declining value of the asset with its use.
When recording depreciation expense for equipment, the account used on the "credit" side of the journal entry is: Accumulated Expense Depreciation Expense Equipment Accumulated Depreciation expense is a non-cash expense that is charged to the income statement. It is used to match the declining value of a long-term asset (such as equipment) with its use over time. Accumulated Depreciation is the account used on the credit side of the journal entry when recording depreciation expense for equipment.
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Fractional reserve banking contributes to _____ because banks do not keep enough cash on hand to pay off depositors if they were all to decide to withdraw their deposits at one time.
Fractional Reserve Banking contributes to financial instability because banks do not keep enough cash on hand to pay off depositors if they were all to decide to withdraw their deposits at one time.
What is Fractional Reserve Banking?
Fractional reserve banking is a banking system in which banks hold only a portion of their depositors' money in reserve and lend out the rest. Because the amount of money deposited exceeds the amount that banks are required to hold in reserve, they can use the excess funds to provide loans to other clients. This is beneficial for both the bank and the customer, as the bank earns interest on the loan while the customer receives a loan to fulfil their needs
The fact that banks only hold a fraction of depositors' money in reserve means that they do not have enough cash on hand to pay off all depositors if they were all to decide to withdraw their deposits at one time. This is the main reason why fractional reserve banking contributes to the possibility of a bank run.
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I WILL MARK BRAINLEIST WHOEVER ANSWERS FIRST!!
How can I see my answers on edmentum?after a test to see which ones i got wrong
Answer:
That setting isn't available on edmentum. You can't how you performed on each question, but you can see your final score and the number of questions you got correct and missed.
That would definitely be a great feature if they added it.
Explanation:
Answer:
Yea I tried to but sadly they don't have that as an option
Explanation:
Connie thinks that her salary and tax rate for next year will be lower than for this year. What step should she take to minimize her taxes in the current year? Select one: a. Accelerate receipt of income. b. Delay deductions. c. Practice tax evasion. d. Accelerate deductions. e. None of these will allow her to minimize her taxes.
Answer:
d. Accelerate deductions
Explanation:
Tax acceleration is a way that a taxpayer is able to hasten tax deduction.
Taxi is paid in the year that it was incurred instead of in the subsequent year.
This way tax expense that will be paid from the current year is reduced and tax income will increase.
In the given scenario where Connie thinks that her salary and tax rate for next year will be lower than for this year, the best way to minimise her tax expense starting this year is by tax acceleration
a customer with an existing life insurance contract is considering exchanging it for a newer contract. what florida insurance regulation should the customer's insurance agent consult
If a customer has an existing life insurance contract and is considering exchanging it for a newer one, the customer's insurance agent should consult Florida Insurance Regulation 14-26.011.
Florida has numerous regulations governing the insurance sector, which exist to ensure that the industry operates fairly, transparently, and ethically. The Florida Insurance Regulation 14-26.011, in particular, governs the procedure for exchanging or replacing life insurance contracts. According to this regulation, the replacement of a life insurance contract occurs when the consumer purchases a new policy or contract that substantially benefits the insurance producer or insurer and results in the surrender, cancellation, or alteration of the current policy.
Florida law requires that an exchange or replacement contract be in the client's best interests.To ensure that the exchange or replacement is in the customer's best interests, the insurance producer or agent must disclose to the customer all pertinent information regarding the current and proposed contracts. The agent must also document the basis for the recommendation, as well as the disclosures provided to the client. This regulation was put in place to safeguard the interests of the consumer and ensure that the insurance sector operates fairly and transparently.
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true or false: users of financial statement information include managers, creditors, stockholders, potential investors and regulatory agencies. true false question.
True. Users of financial statement information include managers, creditors, stockholders, potential investors, and regulatory agencies.
Financial statements provide information that is useful to a wide range of stakeholders, including those who make decisions about the company's operations, those who lend money to the company, those who own the company, those who are considering investing in the company, and those who regulate the company.
Managers use financial statements to make decisions about how to allocate resources and how to manage the company's operations. Creditors use financial statements to evaluate the creditworthiness of the company and to determine the amount of credit to extend.
Stockholders use financial statements to evaluate the company's financial performance and to make decisions about buying or selling company stock. Potential investors use financial statements to evaluate the company's financial health and to determine whether to invest in the company. Regulatory agencies use financial statements to ensure that companies are operating in compliance with relevant laws and regulations.
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why is it important to balance chaos and order as well as evolution and revolution?
Balancing chaos and order as well as evolution and revolution is important for several reasons.
First, chaos and order represent two opposing forces that need to be balanced for optimal functioning. Too much chaos can lead to unpredictability, disorganization, and inefficiency, while excessive order can stifle creativity, innovation, and adaptability. Finding the right balance allows for flexibility, adaptability, and efficient decision-making.
Similarly, balancing evolution and revolution is crucial for progress and growth. Evolution involves gradual, incremental changes that build upon existing structures, while revolution represents more radical, transformative shifts. Striking a balance between the two allows for a healthy combination of continuity and innovation, ensuring that organizations and societies can adapt to changing circumstances while preserving stability and continuity.
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Which technique of advertising shows that multiple consumers use a product to build consumer trust in the product?
Answer:
don doing it for 5 point give 100 then ill think abt it
Explanation:
Which of the following of statements are true of a "disruptive innovation"? I. A factor favoring the success of disruptive innovation is that incumbent firms are slow to change. II. Disruptive innovators take advantage of incumbent firms’ excessive focus on making mostly minor improvements on existing technologies. III. Disruptive innovation has the potential to result in creative destruction.
Answer:
I. A factor favoring the success of disruptive innovation is that incumbent firms are slow to change.
Explanation:
In the theory of business, the disruptive innovation is defined as the innovation or technology which creates a new market and also value network and it eventually disrupts or destroys the existing market or the value market. It displaces the existing established markets and firms.
It tries to capture the market or the firms from bottom up, first capturing the low end. One of the factor that favors the success of the disruptive innovation is that the existing markets are very slow to changes.
Implementing and executing strategy successfully requires Implementing and executing strategy successfully requires:______________
A. the same kinds of creative management talent and innovative thinking capabilities as crafting strategy.
B. a financially driven process aimed at squeezing the most profit out of conducting daily operations.
C. the efforts of a company's whole management team, not just a few senior managers
D. a high caliber CEO that possesses the business vision, industry and competitive analysis skills, and entrepreneurial creativity needed to navigate the competitive landscape.
E. less managerial expertise and effort to perform well, at least in comparison with crafting a winning strategy.
Answer: C. . the efforts of a company's whole management team, not just a few senior managers
Explanation:
Planning, implementing and carrying out strategies requires a careful, collective and calculative decision to be made by all head of department and the board of an organization, because the decision taken will rub off through these departments for implementation. The decision or choice of decision should not be left to a few persons in the organization because when the ideas and plans are arranged the execution may fail as all the respective department were not involved by their heads.
For an FBLA-PBL member who is interested in running for a state or national
office, what FBLA-PBL activity would be the most likely to help them?
O A. Participate in the Institute for Leaders
B. Network with local business people
C. Participate in local community service
D. Compete at the National Leadership Conference
SUBMIT
Answer:A
Explanation: i did the test
Be Happy Corp. had 300,000 shares of common stock issued and outstanding on January 1, 2028 with a value of $5,400,000. contributed surplus account. . On February 5, they issued 20,000 shares at $20 per share. ⚫ on March 29 they issued another 40,000 shares for $680,000 on July 10 they repurchased and immediately canceled 30,000 shares at $16 per share. ⚫on November 10, immediately repurchased and canceled 80,000 shares for $1,540,000 Please prepare the journal for the purchse on Nov 10
On November 10, Be Happy Corp. repurchased and canceled 80,000 shares of common stock for $1,540,000. This transaction affects the company's treasury stock account and shareholders' equity.The journal entry for the repurchase and cancellation of 80,000 shares on November 10, 2028, would be as follows:
1. Debit: Treasury Stock ($1,540,000)
Credit: Cash ($1,540,000)
The company repurchased and immediately canceled 80,000 shares of common stock. The repurchase reduces the number of outstanding shares and increases the treasury stock account. Treasury stock represents the company's own shares that have been repurchased and are no longer held by shareholders. It is recorded as a contra-equity account and reduces shareholders' equity.
In this transaction, the treasury stock account is debited for the cost of the repurchased shares, which is $1,540,000. The corresponding credit is made to the cash account as the company paid cash to acquire the shares.
The repurchase and cancellation of shares have the effect of reducing the total number of shares issued and outstanding. This can lead to an increase in the earnings per share and may signal to investors that the company believes its stock is undervalued. However, the repurchase also reduces the company's cash reserves and may indicate a decision to return capital to shareholders.
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“The needs of a society conflict with the goals of the financial services industry’s desire to make a profit.” Do you agree or disagree?
Answer:
I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.
I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).
Company-paid health insurance is a major benefit sought out by many employees. If coverage for a family costs $20,000 per year and your employee is paid $28,000 per year, what percentage of their total compensation is the healthcare benefit?
Answer:
~42
Explanation:
Ex. Company-paid health insurance is a major benefit sought out by many employees. If coverage for a family costs $15,000 per year and your employee is paid $40,000 per year, what percentage of their total compensation is the healthcare benefit?
SOLUTION:
$15,000 / ($15,000 + $40,000) = 0.272 x 100 = 27.2%
Problem: 20/20+28=0.416=41.6%
Suppose the value of all the stocks in a fund's portfolio is currently $500,000. The fund has $450,000 in liabilities and has sold 2,500 shares of its fund to investors. Find the NAV.
Answer:
Well your currency will come up due to the investors only if it is a great good market platform The liabilities you must take time to pay them back it might cause interest and money building vlaues or taxes or possibly jail time
Explanation: I really hope i helped
If he fund has $450,000 in liabilities and has sold 2,500 shares of its fund to investors. The NAV is $20.
Net asset valueUsing this formula
NAV = (Assets - Liabilities) / Total number of outstanding shares
Let plug in the formula
NAV=($500,000-$450,000)/2500 shares
NAV=$50,000/2500 shares
NAV=$20
Therefore the net asset value is $20.
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A type of entry mode that is common in the chemical, pharmaceutical, and petroleum-refining industries in which a contractor agrees to handle every detail of a project for a foreign client is called ______.
The turnkey project enables the contractor tp agrees to handle every detail of a project to the foreign client.
A Turnkey project refers to a project designed and constructed in a way to allows sales to potential buyer as a completed product.\
A large numbers of government-owned public housing projects are turnkey projects
So, in turnkey project, the contractor will agrees to handle every detail of a project to the foreign client because it has been sold by the owner.
Therefore, the correct answer is Turnkey project.
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Amalia joined her union, but now wants to get out. As shop steward, you tell her that she has to stay a member until the contract ends due to a
right-to-work provision.
checkoff provision.
union shop provision.
closed shop provision.
maintenance of membership provision.
As a shop steward, you inform Amalia that she must remain a member of the union until the contract ends due to a maintenance of membership provision. This provision requires employees to maintain their union membership for the duration of the existing contract.
A maintenance of membership provision is a contractual clause that obligates employees to maintain their union membership as a condition of their employment. It typically applies for the duration of the current labor agreement, which means that employees cannot resign from the union until the contract expires. This provision is often included in collective bargaining agreements to ensure stability and continuity within the union membership.
In Amalia's case, even though she may want to leave the union, the maintenance of membership provision restricts her ability to do so until the contract between the union and the employer concludes. It is important for Amalia to be aware of the specific provisions outlined in the contract and consult with legal counsel or the union representatives to fully understand her rights and obligations regarding union membership during this period.
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1. Waves are created when a source of energy causes a _____.
Answer:
Waves are created when a source of energy causes a medium to vibrate. A vibration is a repeated back-and-forth or up-and-down motion. This motion is the source of the wave. Waves are classified according to how they move.
Explanation:
I made a website but I need help
can you help me https://manage.wix.com/dashboard/dfc0d810-392a-4bd4-afe2-bc2a5618e9ca/home?referralInfo=my-sites
Answer:
that depens am i going to regreat it or not?
Explanation:
Magic Events, Inc. is a global concert promoter that is organizing the world concert tour of the newest boy band. The company has a global reputation for generating the highest revenues for their entertainers based on lucrative event triangles. What is the most critical factor in a successful event triangle?
A.
as much advertising to fans as possible
B.
mutually beneficial exchanges
C.
selling as much merchandise as possible
D.
choosing the right sponsors
Answer:
A. as much advertising to fans as possible
Explanation:
The event triangle is made up of these 3 components
1. The participants
2. The sponsors
3. The spectators
Here the fans represent the spectators. They are the most critical factor of the event triangle .
The spectators are those who the boy band would be playing for. They are the ones who would go out to watch the event.
The spectators become monetary when the advertisement gets them to buy tickets for the event. That is they pay a fee to watch the event.
Primarily they provide necessary financial support for the event plus the money made from adverts.
Business is a social process . Discuss
Answer:
Business is a social process. a single person cannot run a business, there are many single owner but they also need other person's help or market help for their business survival. ex help of the resources,if the business is product based or help of customer If it is service based. all this things work together. the whole economy works together. so it is a social process .
Answer:
Technology aligned solutions integrating the functions and processes of hardware , software , telecommunications and networks . From basic internet connectivity to software development , w provide all kind of technological services based on the type of industry.
Explanation:
Hope this help BLINK!
Expliquen la siguiente frase:
El mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente
Answer:
Efectivamente, el mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente, sino que dicho crecimiento debe ir acompañado de un desarrollo estructural que contemple el acceso igualitario a los distintos servicios por parte de la sociedad, así como también el establecimiento de controles sanitarios y medioambientales que preserven el bienestar de los individuos en el marco del desarrollo de las actividades económicas.
If a shortage of u.s. dollars occurs in the foreign exchange market, the _______ and the exchange rate _______.
If a shortage of U.S. dollars occurs in the foreign exchange market, the value of the U.S. dollar will appreciate, and the exchange rate will increase.
When there is a shortage of U.S. dollars in the foreign exchange market, it implies that the demand for U.S. dollars exceeds the available supply. This situation can arise due to various factors, such as increased demand for U.S. goods and services or foreign investors seeking to invest in the U.S. economy.
The shortage of U.S. dollars will lead to an appreciation in the value of the U.S. dollar. As demand outstrips supply, individuals and entities seeking U.S. dollars will be willing to pay a higher price for them. This increased demand and competition for U.S. dollars will drive up their value relative to other currencies.
As a result of the appreciation of the U.S. dollar, the exchange rate will increase. The exchange rate represents the value of one currency in terms of another. In this case, it will require more units of the foreign currency to purchase one U.S. dollar.
For example, if the initial exchange rate was 1 U.S. dollar to 1 unit of foreign currency, the new exchange rate might become 1 U.S. dollar to 1.2 units of foreign currency. This higher exchange rate reflects the increased value of the U.S. dollar in relation to the foreign currency due to the shortage in the market.
Overall, when a shortage of U.S. dollars occurs in the foreign exchange market, the U.S. dollar appreciates in value, and the exchange rate increases, requiring more units of foreign currency to purchase one U.S. dollar.
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On October 1, X-it Company bought a new delivery truck for $30,000. X-it plans to use the truck for 4 years, after which it will be sold for $6,000. What is depreciation expense for the year ended December 31 that year using double-declining-balance
Answer:
$3,750
Explanation:
The truck was only used for 3 months of the year. Therefore, the 3 months of depreciation equals:
$3,750 = ($30,000 x 2/4 x 3/12)
A corporate bond pays interest on a J/J 15 schedule. An investor purchasing these bonds on Friday, April 17, would pay accrued interest for A) 95 days. B) 92 days. C) 91 days. D) 96 days.
The corporate bond, which pays interest on a J/J 15 schedule, means that the investor purchasing the bonds on Friday, April 17, would pay accrued interest for D) 96 days.
Each month of a corporate bond contains 30 days. If the corporate bond is for three months, then six additional days are given, making it a total of 96 days (30 x 3 (+ 6 days).
Thus, the investor's accrued interest would be for 96 days.
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Which figure (amount) should be larger?
A. Expenses
B. income
C. Extras
D. Needs
Which is not a benefit of a checking account?
Answer:
no interest
Explanation:
A checking account is a type of account that enables comfortable deposits and withdrawal of money for regular trades.
It can include deposit and withdrawal of cash as well as cheque.
Getting no interest in a checking account is not a beneficial factor.
The benefits of the checking accounts are convenience, easy budgeting and safety.
As compared to the saving account having a proof of payment is the beneficial point of having checking account.
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Which of the following is NOT a way to sustain product sales?
A. Selling or licensing a product
B. Selling products in regions areas where the customer base is weak.
C. Discounting the product
D. Modernizing or altering the product
Answer:
The marketing process consists of four elements: strategic marketing analysis, marketing-mix planning, marketing implementation, and marketing control.
Explanation:
Brainly please.?
It should be noted that Selling products in regions areas where the customer base is weak is not a way to sustain product sales.
What is Product sales?Product sales serves as the process of selling a product or service so that the seller can get a return.
Therefore, it is important to sell where there is potential customer and a strong base of customers for more gains.
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Lesion studies with animals typically include a sham lesion group as part of the experimental design. The sham lesion group serves as the
Lesion studies with animals typically include a sham lesion group as part of the experimental design, Control group in lesion studies with animals.
In lesion studies with animals, the sham lesion group serves as the control group. A control group is a group that is treated identically to the experimental group except for the manipulation being studied. In this case, the sham lesion group undergoes a procedure that mimics the lesion or damage inflicted on the experimental group, but without actually causing the intended effect.
The purpose of including a sham lesion group is to account for any potential confounding factors that could arise from the surgical procedure itself. By comparing the effects of the experimental group (animals with actual lesions) to the sham lesion group (animals with simulated lesions), researchers can determine whether the observed effects are specifically due to the lesion or are a result of the surgery or other non-specific factors.
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If demand is elastic then a 1% decrease in price leads to a fall in quantity greater than 1%. then a 1% decrease in price leads to a rise in quantity of greater than 1%. then a 1% decrease in price leads to a rise in quantity of less than 1%. then a 1% decrease in prices leads to a rise in quantity of 1%.
If demand is elastic, then a 1% decrease in price leads to a fall in quantity greater than 1%. This means that consumers are very responsive to changes in price and are willing to buy more if the price decreases by more than 1%.
On the other hand, if demand were inelastic, a 1% decrease in price would lead to a rise in quantity of less than 1%. This would indicate that consumers are not very sensitive to changes in price and would not buy much more even if the price decreased. It is important for businesses to understand whether their product has an elastic or inelastic demand so they can adjust their pricing strategy accordingly.
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4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)
Answer and Explanation:
Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.
Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.
The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.
This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.
Answer:
1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9
2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.
· Must have valid Pharmacy Technician License
3. Working with patients to explain and educate on medical questions
· Tracking and logging vaccination details into EMR (electronic medical records system)
· Assisting Pharmacist as needed
4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.
Explanation: