The term "augmented product" refers to something that goes above and beyond the typical and anticipated services, applications, or solutions that may be connected to a certain product.
What do you mean by augmented product?
Augmented product is a way for companies to differentiate their product offerings in the marketplace and attract more customers. Augmented products can include added features, such as warranties, support, training, installation, and customization. Companies also use augmented product to create additional value for customers by offering additional services, such as product maintenance, repair, replacement, and upgrades. By offering an augmented product, companies can increase customer loyalty and differentiate their product from the competition.
So, The required answer is augmented product.
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seller owns a van used in her plumbing business. when seller purchased a new van, she decided to sell the old one. on monday, seller sent an email to buyer, who runs a lawn service company located across the street from seller, stating: dear buyer, i would sell my old van to you for $15,000 cash. [signed] seller
The seller has a van she uses for her plumbing company. Seller made the decision to sell the old van after getting a new one. next Monday.
Who owns a lawn care business?
Lawn care companies can grow: You should start out by providing just one service, like mowing lawns.
The company offers a variety of lawn care services, including fertilization, weed and pest control, edge trimming, debris removal, and grass cutting. These services might be provided to commercial or residential clients, or even both, depending on your company's goals.
Basic lawn care services typically cost between $30 and $70 per hour, with an average cost per square foot of between $0.01 and $0.06 (which typically includes mowing and trimming the edges of a lawn). Here
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State true or false and justify your answer:
Separate transactions are recorded for cash, credit card, and debit card totals listed on a terminal summary.
Totals reported on a terminal summary for cash, credit card, and debit card use are not recorded as separate transactions. Hence the statement is false.
A report maintained by the point of sale terminal that includes information about the cash and credit card sales is known as a terminal summary. The information pertaining to the sales transactions is gathered, recorded, and reported by a computer known as a point-of-sale terminal. Another name for a Z tape is a terminal summary. Cash, credit card, and debit card totals are recorded separately and appear on a terminal summary.
Cash and revenue are the only two accounts that need to be used in a journal entry to record cash sales in the company's books. Both the cash balance and the revenue account on the company's balance sheet and income statement grow as a result of the entry.
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assume that the market for 3d lcd televisions is perfectly competitive and that the production of 3d lcd tvs creates a negative externality, is that true?
The equilibrium price of Blu-ray players would rise together with the demand for the format.
Products that are consumed together are called complement items. Demand would rise if LCDs' prices dropped. The law of supply and demand is adhered to here. The law of demand states that as price decreases, quantity demanded increases and as price increases, quantity demanded decreases. The demand for Blu-ray will rise if the demand for LCD rises. A rise in price would result from an increase in demand. The equilibrium quantity will rise as you increase. The demand for LCD televisions will increase when the cost of a substitute increases because they become more affordable than the substitute. As a result, the quantity will increase and the demand curve will move outward. The amount supplied will increase together with the equilibrium price as a result of the outward shift.
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You are responsible for receiving, maintaining, and supporting the beneficiary for the duration of their temporary stay in the United States. Describe the resources you plan to use or provide to ensure the beneficiary has adequate financial support to cover their basic living needs. What could be the best way to answer
Food, lodging, and transportation stipends.
Help to apply for federal benefits like SNAP or TANF (Temporary Assistance for Needy Families)If possible, help locate a job.Medical insurance or inexpensive healthcare assistance.Help to find neighborhood services like food banks and shelters.What are resources?Generally, As the responsible party for the beneficiary's temporary stay in the United States, I plan to provide or assist in obtaining the following resources to ensure adequate financial support:
A stipend or allowance to cover basic living expenses such as food, housing, and transportation.Information and assistance in obtaining any government benefits or assistance programs they may be eligible for, such as SNAP (Supplemental Nutrition Assistance Program) or TANF (Temporary Assistance for Needy Families)Assistance in finding and obtaining employment, if feasible and appropriate.Assistance in obtaining medical insurance or access to affordable healthcare.Information and assistance in accessing community resources, such as food banks or shelters.It's also important to keep in mind that maintaining open communication with the beneficiary, and updating their financial support plan as needed, is crucial to ensure their needs are met throughout their stay.
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which of the following most directly contributed to the construction of canals depicted on the map? responses the building of a national telegraph system the building of a national telegraph system the expansion of cotton exports to europe the expansion of cotton exports to europe funding from state governments and private investors funding from state governments and private investors the extensive use of enslaved laborers
The extensive use of enslaved laborers is most directly contributed to the construction of canals depicted on the map.
What is map?
A map is a visual representation of a geographical area, such as a country, continent, or region. Maps can be two-dimensional or three-dimensional, and they are usually drawn to scale. Maps are used to display data, show boundaries and patterns, and provide navigation. They can also be used to represent physical features, such as rivers, mountains, and lakes. Maps can also be used to show political, economic, or social trends. Maps are essential tools for anyone who needs to understand the physical and human geography of a region.
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Glenn runs his own sign shop, where he does his own advertising, cleanup and stocking the shelves. He benefits from his own profits. Glenn is self -
Choose matching definition
O monopoly
O profit
O employed
O consumer
Glenn owns and operates his own sign business, where he also does all of the cleaning and replenishing of the shelves. He gains from his own success. Glenn is a self.
Simply put, what does the word "benefit" mean?
Reduced prices and other perks of a museum membership are examples of things that provide positive or beneficial impacts or effects or that support wellbeing. The benefits of using the medication exceed the hazards. reaping the rewards of their labor of love.
A variety of incentives that are offered by agreement between a company and an employee (or the employee's agent) are included among the other benefits. Nevertheless, some of these benefits may be mandated by specific states for companies to offer.
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Until the early 20th century, few restrictions on immigration to the United States existed primarily because
1. industry needed an increasing supply of labor
2. labor unions had always favored unrestricted immigration
3. immigration totals had always been relatively low
4. the Supreme Court had ruled that Congress could not restrict immigration
Until the early 20th century, few restrictions on immigration to the United States existed primarily because 1. industry needed an increasing supply of labor.
In the late 19th and early 20th centuries, the United States gradually tightened its immigration policies. Excluded individuals in 1882 were susceptible to becoming public charges.
Between 1870 and 1900, almost 12 million immigrants entered the country, and many of them came in search of personal independence or protection from political and religious persecution. The majority of these individuals came from Germany, Ireland, and England in the 1870s and 1880s, which were the main countries from whom immigrants came prior to the American Civil War.
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Focus groups can use several variations of the standard procedure. Which of the following is not one of the variations mentioned in your text? a. respondent-moderator group b. client-participant group c. tag-team moderator group d. mini-group
Option c is correct. The tag team moderators group is not one of the variations mentioned in the text.
Focus groups were originally called "focused interviews" or "in-depth group interviews." This method was developed after World War II to assess audience responses to radio programs (Stewart & Shandasani, 1990). Since then, social scientists and program evaluators have found focus groups helpful in understanding how or why people hold certain beliefs about topics and programs of interest.
A focus group can be defined as a group of interacting people with common interests or characteristics, brought together by a facilitator who uses the group and its interactions as a way of gaining information on a specific or focused topic. increase. Focus groups typically consist of 7-10 people who don't know each other. These participants are selected because they share certain characteristics related to the topic of the focus group. A facilitator or interviewer creates a tolerant and supportive environment that encourages different perceptions and perspectives without pressure on participants to vote, plan, or reach consensus (Krueger, 1988). Group discussions are conducted several times with similar types of participants to identify trends and patterns of perception.
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in which of the following scenarios might process selection require adjustment? multiple select question. when technology changes for new product introduction at beginning of each fiscal year in response to competition
Technology changes for a new product introduction at beginning of financial year in addition to competition requires adjustment in process selection.
Option A is correct.
Technology changes in process selection :The seven stages of the product development process are essentially the same regardless of industry: planning, ideation, research, prototyping, sourcing, costing, and commercialization are all phases. To bring your own product idea to market, make use of the following development framework.
A process automation system (PAS) is another name for it. Sensors, networks, controllers, and operating systems are some of the components that PAS uses. PAS is an open standard distributed control system (DCS) that is based on a control system that is operated by a computer using plants or processes.
There are a few key reasons why they are necessary for an effective automated testing procedure: enhanced test effectiveness. Lower costs for upkeep. minimal use of manual labor.
Incomplete question :
In which of the following scenarios might process selection require adjustment? multiple select question. when technology changes for new product introduction at beginning of each fiscal year in response to competition
A - Technological change
B - Product/Service Design
C - Marketing Strategy
D - Forecasting Data
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on july 1 2023 academic learning services entered its second month of operations. On july 31 2023 breane allare the owner finalized the company recordd that showed the following items
hint the ending
According to the audited balance statement from last year, opening balances have been accurately posted.
How do you finalize a company balance sheet?
Establish a bank reconciliation statement, Match the Sales, Purchase, Output Tax, and Input Tax Returns to the GST Returns. Delete the Suspense Account if one exists.
Print the Bank Book, match it up with the bank statements. put together a bank reconciliation notice Check cash balances, funds, imprest, and open claims, and reconcile them. Check your physical inventory using the Physical Stock Report (Compilation Stock Report).
$2,550 in accounts payable
4,100 in unpaid invoices
Cash: 3,700
4,300 pieces of technology
furniture: 3,900
Capital, June 30, 2023, Breanne Allarie: 15,800
Rent for an office: 4,600
Owner's financial commitments in July 2023: 3,300
3,100 withdrawals from the owner
2.120 supplies
Income from renting textbooks: 510
tuition income: 6,300
Paying the tutor: $1,750
Utility costs: 890
Total resources: $24,930
Total capital and loans: $24,90
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TRUE/FALSE. provide foundations on which differentiating marketing values can be established, promoted and delivered.
The feature or features that set your product or service apart from the competition for your target market are known as product differentiation.
What Is Product Differentiation?It improves brand loyalty, sales, and growth by highlighting the differences between what you sell and what your rivals provide. An illustration of a differentiator is if your software company offers customer support account managers but your rivals do not. Or you might want to emphasize this as a product difference if your athletic gear company, unlike rivals, allows personalization.By differentiating your product from the competition, you might get a competitive edge or outperform rival products. To put it another way, you want to rise above the competition rather than merely stand out from it.In any sector, but particularly if you operate in a market that is oversaturated with rivals, it is critical to differentiate your product. The aim is to demonstrate to potential clients what you can provide that other companies cannot—and why it is beneficial to them.To Learn more About product differentiation Refer To:
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ryan adams, an employee of heartbreaker corp., will not receive his paycheck until april 2. based on services performed from march 15 to march 31, his salary was $1,000. the adjusting entry for heartbreaker corp. on march 31 is
The adjustment entries for Heartbreaker Corp. on March 31 are $1,000 debited from the salaries costs account and $1,000 credited to salaries payable.
Where are the labor expenses?There is frequently a line item for salaries and wages in the operational costs section of the income statement.
Salary expenditure refers to the predetermined wage that employees get. The price is what a business would shell out for non-hourly labor. A salaries expenditure account is frequently set up for each department, for example, salaries expense - accounting department.
What is the entry for salary payable?Salary payable is the type of payroll journal entry required to record in the books of account the compensation that must be provided to the employees. It is often shown as a current liability on the balance sheet because it is expected to be paid within a year.
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in the polc framework, social networks are a key ingredient in the component: question 9 options: planningorganizing leading controlling
In the POLC framework, social networks are a key ingredient in the component organizing.
The key difficulty for a manager is to address challenges creatively. While drawing from a number of academic fields, management concepts have long been classified into the four primary functions of planning, organizing, leading, and controlling to assist managers in responding to the challenge of creative problem solving (the P-O-L-C framework). When carried out in the day-to-day reality of operating an organization, the four functions depicted in the P-O-L-C graphic are really strongly interconnected. As a result, you should avoid trying to study and comprehend a comprehensive, clear explanation for classifying talents and practices that comprise the entire P-O-L-C framework. It should be noted that this framework is not without flaws. These concerns derive specifically from the fact that, while the P-O-L-C functions may be ideal, they do not adequately portray the day-to-day operations of actual managers.
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If Carlos is waiting to be called back to his job from which he has been temporarily laid off, the Bureau of Labor Statistics will classify him as unemployed.A. True B. False
It is true that if Carlos is waiting to be called back to his job from which he has been temporarily laid off, the Bureau of Labor Statistics will classify him as unemployed.
The Bureau of Labor Statistics (BLS) classifies any person who is not working as unemployed, even if they are temporarily laid off. This means that if Carlos is waiting to be called back to his job, he would be classified as unemployed. This is because the BLS considers any person who is not employed to be unemployed.The BLS also considers someone who is employed but not at work to be unemployed.
This includes people on temporary layoff, people who are on strike, people who are on approved leave, and people who are waiting to start a job or are waiting for recall to a job. All of these people are considered unemployed by the BLS.
The BLS also considers people who are not actively looking for work but are available for work to be unemployed. This includes people who have looked for work in the last 12 months, but not in the last 4 weeks. This means that Carlos would be classified as unemployed, even if he has not been actively looking for a job in the last 4 weeks.
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automatic stabilizers can do which of the following? responses offset the destabilizing influence of changes in tax revenues offset the destabilizing influence of changes in tax revenues aid the economy to move away from the full-employment output level aid the economy to move away from the full-employment output level allow policymakers to formulate a set of rules flexible and comprehensive enough to eliminate discretionary actions allow policymakers to formulate a set of rules flexible and comprehensive enough to eliminate discretionary actions cause tax revenues to decrease when gross domestic product (gdp) decreases and to increase when gdp increases cause tax revenues to decrease when gross domestic product (gdp) decreases and to increase when gdp increases allow policymakers to prescribe public works programs during inflationary periods because expenditures for unemployment and welfare have correspondingly decreased
A highly competitive corporation will produce at a profit if the price is higher than the average total cost at the profit-maximizing volume of output in the near run.
Profit maximization is the fast-run or long-term strategy in economics that enables a company to identify the charge, entry, and output stages that result in the highest profit. The firm is typically modelled as maximizing profit in neoclassical economics, which is currently the dominant method of microeconomics. Earnings are calculated using the formula earnings = general sales - general value. As a result, a business maximizes its profits when the primary order—MR = MC—is fulfilled and the secondary order depends on the first order. This concept differs from wealth maximization in terms of time-frames for income growth and corporate goals. Profit maximization is a strategy used by business organizations to guarantee that the ideal output and rate levels are achieved in order to maximize their returns.
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A key contribution of ________ was the identification of the major functions of management which are planning, leading, organizing, and controlling.O administrative managementO scientific managementO theory x
O the contingency perspective
A key contribution of Henry Fayol was the identification of the major functions of management which are planning, leading, organizing, and controlling.
Explain about henry Fayol: It emphasizes the importance of analyzing the specific context of a situation and adapting management strategies accordingly, rather than relying on a one-size-fits-all approach. This perspective highlights the need for managers to be flexible and adaptable in their decision-making, and to be able to switch between different management styles as needed.The contingency perspective suggests that there is no one-size-fits-all approach to management and that managers must adapt their strategies and tactics to the unique situation at hand. This perspective emphasizes the importance of flexibility and the ability to respond quickly to changing conditions. It also stresses the importance of considering the external environment, such as the industry and market conditions, as well as the internal conditions of the organization, such as the culture and resources available.One key advantage of the contingency perspective is that it allows managers to make decisions based on the specific circumstances of their organization, rather than relying solely on general principles or preconceived notions. This can lead to more effective and efficient decision-making and better outcomes for the organization.To learn more about Henry Fayol refer to:
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Calculate the value of a bond that matures in 13 years and has a $1,000 par value. The annual coupon interest rate is 14 percent and the market's required yield to maturity on a comparable-risk bond is 15 percent.
The value of the bond is $
The value of the bond based on the information will be $865.18.
How to calculate the bond valueThe bond's value can be calculated using the present value formula:
PV = coupon payment / (1 + r)^1 + coupon payment / (1 + r)^2 + ... + coupon payment / (1 + r)^n + par value / (1 + r)^n
where PV is the present value of the bond, coupon payment is the annual coupon payment, r is the market's required yield to maturity, and n is the number of years until maturity.
In this case, the coupon payment is 14% * $1,000 = $140.
n = 13 years
r = 15%
PV = $140 / (1 + 0.15)^1 + $140 / (1 + 0.15)^2 + ... + $140 / (1 + 0.15)^13 + $1,000 / (1 + 0.15)^13
= $865.18
The value of the bond is $865.18.
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Which of the following means of reducing military spending would have the greatest positive impact on gross domestic product for the United States?AnswerA. Combining two domestic military bases into one overseas baseB. Cutting retirement benefits to military personnelC. Closing overseas military bases and relocating those operations to the United StatesD. Closing overseas military bases and laying off military personnelE. Canceling contracts with domestic producers for new airplanes
Closing overseas military bases and relocating those operations to the United States which is option c.
Is military life difficult?Uncertainty and disruptions in routine brought on by military life can cause family members to suffer from PTSD, depression, excessive anxiety, and long-term mental health and wellbeing problems. Many wives believe that if their military spouse seeks stress or depression relief, it would negatively impact their chances of promotion.
What age is ideal for military service?Between the ages of 17 and 35. Medical, Moral, and Physical: In good health both physically and morally. Citizenship: A valid Green Card-holding citizen or permanent resident of the United States. Education: High school diploma or the equivalent
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a high school student walks into a restaurant. the restaurant offers a special price which takes 20 percent off the regular price of the dinner. in this voluntary exchange,______
A price is the amount a buyer gives a seller in exchange for goods or services for which a voluntary barter has a vested interest.
Economic production can cause environmental damage. This trade-off applies to all countries, whether exchange high-income or low-income, whether the economy is market-oriented or command-oriented.
Externalities, sometimes called spillovers, occur when an exchange between a buyer and a seller affects a third party who is not part of the exchange. Externalities can be positive or negative. Market failure occurs when the market itself does not allocate resources efficiently in a way that balances social costs and benefits. Externalities are an example of market failure.
Social costs are costs that include both the private costs of the firm and additional external costs incurred by third parties outside the production process.
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For each of the accounts listed below, indicate whether the account is increased by a debit or creditAccounts Increased ByAccounts Receivable Supplies Expense Cash Equipment Common Stock Dividends Building Professional Fees Earned Accounts Receivable Sales Revenue Equipment Common Stock Notes Payable Retained Earnings Inventory Supplies Expense
Accounts Receivable, Supplies Expense, Cash, Equipment, Common stock, Dividends, Building, Inventory are increased by debit and rest are increased by credit.
What is mean by accounts?Asset and expense accounts typically have debit balances, whereas liabilities, equity, revenue, and other income accounts have credit balances. Cash, accounts receivable, and equipment are asset accounts, so they will have a normal debit balance.
A record in an accounting system that tracks the financial activities of a specific asset, liability, equity, revenue, or expense is known as an account. These records grow and shrink as business events occur during the accounting period. At the end of an accounting period, each individual account is stored in the general ledger and used to prepare the financial statements.
The primary types of accounts in an accounting system. The expanded accounting equation represents each of these. Liabilities + Owner's Equity + Revenues - Expenses = Assets.
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place the following steps for finding the eoq in a quantity discount model with variable h in the correct order.
Economic Order Quantity is the perfect order quantity a company must buy for its inventory. This order volume is that order extent which minimizes the complete protecting fee and ordering cost
Which is the correct system for the annual ordering value in the EOQ model?Economic Order Quantity
Usually the time length is one year. The whole cost of stock is the sum of the purchase, ordering and conserving costs. As a formula: TC = PC + OC + HC, where TC is the Total Cost; PC is Purchase Cost; OC is Ordering Cost; and HC is Holding Cost.
Definition of volume discount model
form of an economic order volume (EOQ) model that takes into account extent discounts. Quantity reductions are fee reductions designed to set off large orders.
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https://brainly.com/question/26814787#SPJ4Financial Accounting provides information for external decision makers (ie. investors, lenders) while managerial accounting provides information to internal decision makers (ie. manager, employees)
Financial accounting transmits financial data to individuals outside the corporation, whereas management accounting provides information that enables managers within the company .
Financial accounting is what?Financial accounting is the process of recording, compiling, and reporting the numerous transactions arising from corporate operations over time. It is a specific subfield of accounting.
Financial accounting is a subfield of accounting in which financial transactions are summarized, analyzed, and reported on by a company. In this, financial statements that can be viewed by the public must be prepared.
Financial accounting is the process of documenting, compiling, and reporting transactions and revenue-expense generation over time. Investors or sponsors, for instance, are required to verify an account statement before expressing an interest in working with the company.
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which of the following best explains why individuals and societies must make choices when presented with alternatives?
With most resources scarce, individuals and societies are forced to make decisions.
Economics deals with how individuals and societies allocate scarce resources, why they choose to do so, and the consequences of those choices. Scarcity is sometimes viewed as a fundamental problem in economics. We live in a world where people's needs are endless, so resources are scarce, but the land, labor and capital needed to meet those needs are limited. This conflict between society's boundless needs and our limited resources means that choices must be made in deciding how to allocate scarce resources.
An economic resource, also called a factor of production. These include the land (natural resources such as minerals and oil) that individuals and companies have used, labor (the work people do), capital (tools, equipment and facilities), and entrepreneurship (organizing, developing and running businesses). ability to do so). In the production of goods and services.
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Blake, who has a negative monthly cash flow, has been relying on credit card debt to finance his lifestyle. If Blake does not make any changes, which of the following is most likely to happen? A His monthly shortfall will remain the same every month. B His monthly shortfall will increase every month. His monthly shortfall will double in two years. D His monthly shortfall will decrease every month.
The most likely outcome for Blake if he does not make any changes is that his monthly cash flow shortfall will continue to increase every month.
As he continues to rely on credit card debt to finance his lifestyle, the amount of debt he has to pay off each month will increase, leading to a larger and larger monthly shortfall. This situation can be dangerous and can lead to a cycle of debt that is difficult to break. To avoid this, Blake should look into ways to cut expenses and increase his income, such as finding a second job or negotiating a raise. He should also consider ways to pay off his debt, such as consolidating his debt or working with a credit counseling agency. This is because, as his credit card debt increases, so will the interest payments, which will in turn increase the amount of his monthly shortfall. Over time, it is likely that Blake's monthly shortfall will continue to increase if he does not make any changes, as he will be unable to keep up with the increasing debt payments.
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What do you hope to learn in business and ethics course?
2 or 3 sentences
Answer:
I hope that I will get to know more about business because it seems like a very interesting subject. Me knowing business I know it'll help me get to know more about the future and how to deal with stuff in the future.
S. Pagan and T. Tabor share income on a 6 : 4 basis. They have capital balances of $100,000 and $60,000, respectively, when W. Wolford is admitted to the partnership.
Prepare the journal entry to record the admission of W. Wolford under each of the following assumptions.
1. W. Wolford is admitted to the partnership in exchange for a $50,000 capital contribution:
Debit: Capital-W. Wolford $50,000
Credit: Capital-S. Pagan $4,000
Credit: Capital-T. Tabor $2,667
This journal entry records the increase in capital for W. Wolford and the decrease in capital for S. Pagan and T. Tabor. The 6:4 income sharing ratio is used to calculate the decrease in capital for each existing partner.
2. W. Wolford is admitted to the partnership in exchange for a $50,000 capital contribution and a $20,000 loan:
Debit: Capital-W. Wolford $50,000
Debit: Loan-W. Wolford $20,000
Credit: Capital-S. Pagan $4,000
Credit: Capital-T. Tabor $2,667
This journal entry records the increase in capital and loan for W. Wolford, and the decrease in capital for S. Pagan and T. Tabor. The 6:4 income sharing ratio is used to calculate the decrease in capital for each existing partner.
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sold $500 worth of goods to a customer for $600 in cash. how are the following twinkle star co. accounts effected
Accounts Receivable rises by $500 while the Cash Account rises by $600.
What does the double-entry accounting system entail?
The double-entry accounting system is the theory underlying this inquiry. This system involves recording both a debit and a credit for each transaction and is based on the idea of double-entry bookkeeping.
In this case, a credit is recorded to the Sales account and a debit is recorded to the Accounts Receivable account. This is done to reflect the money coming into and going out of the business.
The Accounts Receivable account would be the first one to be impacted. As the customer paid $600 in cash for $500 worth of goods, this account would be increased by $600.
Sales would be the second account to be impacted.
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Jerry understands that expected click-through rate is one of three main factors that determine the quality score of an ad. What are the two other main factors that Jerry should focus on to improve the quality score of his ads? (Choose two.)Ad relevance
Conversion rate
Bid amount
Ad dimensions
Ad landing page experience
Expected clickthrough rate, landing page experience, and ad relevancy make up the three main factors.
What are the three things Jimmy needs to mention in the text ad description section?The three things Jimmy needs to mention in the text ad descriptions section are A mention of costs, specials, and discounts, enticing potential customers to act, and emphasising what makes his company distinctive
What are the three main goals of advertising?The three main goals of advertising are to inform, convince, and remind. Informative advertising raises consumer knowledge of companies, their goods and services, and concepts. It can inform customers about the features and advantages of new or old items, as well as announce new programmes and products.
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what tools can a project manager incorporate to assist in project adoption? select all that apply.
a. Culture Maps
b. Flowchats of Project Development
c. Surveys And Other feedback Mecanisms
d. Mind Maps
Flowcharts of Project Development are tools that a project manager can use to help with project adoption.
What is the meant by project development?Project management is the process of supervising the activities of a team in order to complete all project objectives within the established parameters. This information is typically described in the project documentation that is created at the start of the development process. Budget, time, and scope are the three main constraints.Project development is the process of planning and allocating resources to fully develop a project or product from concept to go-live. The traditional five phases of this process are discovery, allocation, kickoff, quality assurance, review, and report.The Project Management Institute developed the five stages of project management: conception and initiation, project planning, project execution, performance/monitoring, and project close (PMI).Learn more about project development refer to;
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) Mr. Furqan started a sole proprietorship business. The business is newly established and Mr. Furqan hired an Accountant for keeping the journal updated. Suppose you are the Accountant of Mr. Furqan business, prepare the journal book for the month of June, 2019. You are also required to post journal entries into the ledger and prepare the trial balance. Detail of the transactions during June, 2019 are given as follows:-
June.1. Mr. Furqan commenced business with Cash of Rs. 2, 200000/- Building Rs.7,500,000/-
1. Purchased Goods with cash Rs.400,000/-
6. Purchased furniture from Miss Hareem Rs.220000/-
8. Sold goods to Mr. Majid Rs.220000/-
17. Goods returned to Miss Hareem Rs.10,000/-
18. Stationery Purchased Rs.20,000/-
22. Returned goods to Mr. Majid Rs. 12,000/-
28. Utility bill paid for the month Rs.70,000/-
31. Salaries paid for the month Rs.70000/-
As the Accountant of Mr. Furqan's business, I would prepare the journal book for the month of June, 2019 as shown in the image:
What is the journal book about?After i have prepare the journal book for the month of June, 2019 as shown above, then, I would post these journal entries into the ledger and prepare the trial balance.
This can be done by using a software or manually by creating T-accounts for each account and listing the debit and credit entries in each account. After that, we can check the debit and credit balance of each account and ensure that they are equal.
Therefore, With this, we have completed the journal entries, posting to ledger, and prepare the trial balance for the month of June 2019.
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