Kwan has $10,000 in interest expense; an expired $5,000 insurance policy; $20,000 in depreciation and he paid himself a dividend. what is the only item with no entry in assets on his balance sheet?

Answers

Answer 1

The only item with no entry in assets on his balance sheet is B) the interest expense.

When is an accounting entry for assets made?

The accounting entry for assets is made when an asset increases or decreases in value.

For instance, the interest expense may not necessarily affect the assets because it is not stated if it has been paid in cash or not.  However, the expired insurance policy, depreciation, and payment of dividends affect these asset accounts:

Prepaid Insurance,Long-term assetCash.

Answer Options:

A) the expired insurance policy

B) the interest expense

C) the depreciation

D) the dividend

Thus, the only item with no entry in assets on his balance sheet is B) the interest expense.

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Related Questions

ALBERTO: Tami, I’ve got a problem. Can we talk for a minute?
TAMI: Sure, Alberto, what’s up?
ALBERTO: Last week my sous-chef, Ricky, bought tomatoes that just weren’t ripe. It made me really angry. We’ll never keep our Michelin star unless we maintain the quality of our produce!
TAMI: Wow, Alberto, that sounds like a real problem. So you’re saying that Ricky bought tomatoes you couldn’t serve?
ALBERTO: Yes! And it’s not the first time...
TAMI: I’ll do something about this right away.
What component of reflective listening is missing from this conversation?

Affirming contact
Clarifying the implicit
Paraphrasing the expressed

Answers

The component of reflective listening that is absent from this conversation is clarifying the implicit.

Affirming contact:

Instead of necessarily signaling agreement, the purpose of affirming contact is to express attentiveness and assurance.

So "Wow" and "Yes!" in the conversation expresses attentivness and make Affirming contact.

Paraphrasing the expressed:

It clarifies to the speaker both what was heard and what the listener's thoughts and feelings were. occasionally use a follow-up question

Hence When TAMI said, "So you're saying that Ricky bought tomatoes you couldn't serve?" she was paraphrasing what was said. when he responded to ALBERTO's remarks.

Clarifying the implicit:

Any implicit messages, such as thoughts and feelings that are not fully or explicitly expressed along with their outwardly expressed message, are clarified.

Hence The conversation lacks Clarifying the implicit.

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The efficiency of the fixed factor of production is measured by the

Answers

Buildings, land, machinery, plants and top Management are the fixed products from which the efficiency is measured.

What is fixed factor of production?

Fixed factors are those that remain constant regardless of whether output increases or decreases. These often include physical spaces like offices and factories, as well as capital goods like machinery and computer systems.

Thus, Buildings, land, machinery, plants and top Management

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The element of control is………..
a.
Letting the staff to do on their own
b.
Setting goals
c.
Allocating resources
d.
Benchmarking against what is planned
e.
Setting the objectives

Answers

The element of control is Setting goals.

What is control in management?

This is the branch of management that is involved in checking for errors in order to take good measures to ensure that the system is working well.

Control helps to establish the standards that would help to ensure that the organization is able to meet with its set goals.

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That something unique that your business should have that which other businesses do not have ​

Answers

Answer:

Explanation:

A unique selling proposition (USP) is a well-thought-out statement that helps a company distinguish itself from other businesses in its category. In most instances, companies will focus on a single feature or benefit that solves a problem, satisfies a need, or takes away their customers' pain as their USP

A nondiscriminating monopolist:

1 will never produce in the output range where marginal revenue is positive.

2 will never produce in the output range where demand is inelastic.

3 will never produce in the output range where demand is elastic.

4 may produce where demand is either elastic or inelastic, depending on the level of production costs

Answers

Monopolists do not prefer to produce in the when the demand for a good produced by them is inelastic. Option B is the correct answer.

It is common to observe that monopolists, avoid engaging production when the demand for their product becomes inelastic.In order to understand this situation, it is important to address the meaning of inelastic demand. The term 'inelastic demand' refers to a situation where the demand for a product does not increase/decrease (change) when there is an increase/decrease (change) in its price.This does not lead to profits for a monopolist. It is because, a firm will be able to secure profits by producing lower amounts of goods for a higher price when the demand is elastic. Hence, when the demand is inelastic, the increase in the quantity will be sold at the previous standard price, leading to a fall in terms of the total revenue.

Therefore, it is clear that a monopolist will not produce when the demand for a good is inelastic.

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Meeting planners might find themselves doing all of the following except:
1.arranging for technical and audiovisual needs
2.establishing agenda, objectives, and budget
3.establishing policies and programs for business travel
4.working with vendors to secure locations

Answers

Answer:

No one should be seated closer to the screen that two times the height of the screen nor further back that eight times the height of the screen.A meeting agenda is an ordered list of topics you plan to cover during your meeting. It prioritizes the most important items you need to discuss with your team, and it can serve as a guide for how the meeting will progress.Have all the necessary documents on your person— ID cards, passport and visa (if needed), and travel tickets, before leaving for the scheduled departure. Business documents are also importantAs a vendor's security rating improves, so does their security posture. Security ratings products provide real-time, non-intrusive measurement of any vendor's security performance and can instantly provide an aggregate view of vendor performance and key risks shared across your third and fourth-parties.

Even though the trait approach to leadership has no empirical support, it is still widely used. In your opinion, why is this so?

Answers

Even though the trait approach to leadership has no empirical support, it is still widely used because it focuses on the leader and not on the followers or the situation .

What is  trait theory of leadership ?

The trait theory of leadership is a theory that focus on the certain inborn or innate qualities that is expected to be seen in a leader so that the leader can be able to deliver his role.

It list the  characteristics  that make someone a leader, which means it focus more on the leader than the situation, because as a leader, he must be able to handle the situation if he actually qualifies as a leader.

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When the demand for skilled labor increases, _____________________.
the demand curve would shift to the right
the demand curve would shift to the left
the supply curve would shift to the right
the supply curve would shift to the left

Answers

The correct option is A). the demand curve would shift to the right.

What happens when the demand for skilled labor increases?

When the demand for skilled labor get increases, the demand curve would shift to the right.

As the demand for the goods and services increases, the demand for the skilled labor will also increase, which will cause the demand curve shift to the right.

If the demand for the goods and services decreases, the demand for labor will decrease too, and demand curve will shift to the left.

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According to the Conceptual Framework, which qualitative
characteristics enhance the usefulness of information that is relevant and faithfully
represented?
A. Comparability, Understandability, Timeliness, Verifiability
B. Consistency, Prudence, Measurability, Verifiability
C. Consistency, Reliability, Measurability, Timeliness
D. Materiality, Understandability, Measurability, Reliabilit

Answers

The conceptual framework which enhances the usefulness of information is represented as Comparability, Understandability, Timeliness, Verifiability. Thus the correct answer is A.

How to determine the usefulness of information?

Useful of information is determine by the factor that how effectively facts are utilised in purposeful manner. This piece of information should helps the reader in better decision making.

This information will be based on qualitative characteristics like understandability to the reader, comparability, timeliness and verifiability of the content to be used.

Therefore, option A Comparability, Understandability, Timeliness, Verifiability is the appropriate answer.

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A career is something that you train for and intend to do _______________.

Answers

I’m not too sure, but I think “long term”might fit in the blank, as a career is something you want to to do for a significant time of your life while a job is temporary.

Answer:

I believe the answer would be you intended to do happily and what you want to do with your life.

Explanation:

Which type of management is exemplified by the idea that managers should delegate to subordinates and allow those subordinates to be responsible for decisions? A. Linear B. Centralized C. Divisional D decentralized E departmentalized

Answers

Decentralized management is the type of management is exemplified by the idea that managers should delegate to subordinates and allow those subordinates to be responsible for decisions.

What is the decentralized type of management?

This is the type that is used to refer to the type of management that has its daily activities delegated to the workers that are at the middle and the lower levels of the organization.

This helps to give those at the top management the time to be able to focus on other key activities.

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Forever Inc. is a confectionery company that manufactures candies. It does not use specific strategies to target children when marketing its products. Instead it uses the same strategies to promote its candies among all consumers in the market. In this scenario, Forever uses a(n) _______.

Answers

In the aforementioned illustration, Forever Inc. is said to be employing an undifferentiated targeting approach because it is utilizing the same techniques to market its sweets to all consumers.

What is targeting strategy?

A targeting strategy is one adopted by a company or organization with the goal of upselling its products to the market's target audience of its goods and services.

Undifferentiated targeting is the employment of a similar targeting technique to promote products in the market without differentiating between the promotion of the same product to two different audiences.

Hence, option B states about the correct targeting strategy. An image of complete question is added for better reference.

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Two capitals invested in shares of the stock market add up to $180,000, which

have been placed at 13% and 16% annual simple interest for 3 years and 6 years

respectively. If between the two a total interest of $98,250 was obtained, determine:

What was the amount of capital invested?

Answers

The amount invested in the account that earns 13% simple interest is $130,789.47.

The amount invested in the account that earns 16% simple interest is $49,210.53.

What are the linear equations that represent the question?

a + b = 180,000 equation 1

0.39a + 0.96b = $98,250 equation 2

Where:

a = amount invested in the account that earns 13% simple interestb  = amount invested in the account that earns 16% simple interest

How much was invested in each account?

Multiply equation 1 by 0.39

0.39a + 0.39b = 70,200 equation 3

Subtract equation 3 from equation 2

$28,050 = 0.57b

b = $49,210.53

Subtract $49,210.53 from 180,000 : 180,000 - $49,210.53 = $130,789.47

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what are factors may affect in Planning process ​

Answers

The factors that may affect in the planning process include economic conditions, availability of quality information, etc.

What is planning?

It should be noted that planning simply means the steps that are put in place to achieve a particular goal.

In this case, the factors that may affect in the planning process include economic conditions, availability of quality information, etc.

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What is the future value of 875 six years from now if the required rate of return is 7% (Rounded to 2 decimal places)?

Answers

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Clarifying Culture: Did Johnson clarify his values and the company’s values in his apology and with his subsequent actions? Did Johnson’s apology and follow-up actions uphold Starbucks’ mission and core values? Did he identify gaps between stated and actual values? Did Johnson’s apology help Starbucks employees figure out if their personal values align with the company’s?

Answers

Johnson did clarify his values and the company’s values in his apology and with his follow up or other actions.

What is the case about?

Johnson was said to have clarified them of  his values and the company's values as he tendered his apology.

Mr. Johnson's apology and follow-up actions was said to be held in high regards in the area of  Starbucks mission and core values and Johnson apology is one that has helped Starbucks employees to be able to know when their personal values is in line with the company's.

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Mr. Liu turns 65 on June 19. He has never previously qualified for Medicare so his first Medicare eligibility date will be by June 1. Mr. Liu’s ICEP and Part D IEP begin March 1 and end on September 30. He wants prescription drug coverage with his Part A and Part B benefits. What advice can you provide him?

a.
He must wait until the next Annual Election Period to enroll in a MA-PD plan.

b.
He can enroll in a MA-PD as long as he enrolls in Part B and is entitled to Part A.

c.
Since this is his first time qualifying for Medicare, he will have to enroll in Original Medicare with a Part D plan this year and change his enrollment to a MA-PD plan next year.

d.
He can enroll in a MA plan now, but he will have to wait until the next Annual Election Period to obtain prescription drug coverage.

Answers

The advice will be D. He can enroll in a MA plan now, but he will have to wait until the next Annual Election Period to obtain prescription drug coverage.

What is medicare?

For persons 65 and older as well as younger people receiving Social Security disability payments, our nation offers Medicare as their health insurance program. Although the program helps with healthcare costs.

If you or your spouse worked and paid Medicare taxes for at least ten years and are 65 years of age or older, you are eligible for Part A that is free of premiums. You are receiving Railroad Retirement Board or Social Security retirement benefits.

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Which of the following statements is the most plausible explanation of the difference in observed net operating profit margins?

Widget Co. and Tools Inc. both operate in the same industry. They are capital-intensive companies producing widgets. Below are selected data:

Widget Co. Tools Inc.

Net operating assets/common equity 1.37 1.53

Net operating profit margin 19% 21%

Income tax rate 47% 28%

Revenues/net operating assets 0.81 0.61

EDIT/revenues 38% 32%


Widget Co's lower financial leverage


Widget Co uses LIFO and Tools uses FIFO


Widget Co's lower tax rate


Widget Co's net operating asset turnover

Answers

Rn hjmct vusdus
Dolemeifmyyalaphysnaojskw

Question 2

The cash flow for projects A, B, C are given below:

Year

Project A

Project B

0

1

2

-100

0

200

-100 100

0

Project C

-100

0

0

3

-100

100

300

(a) Calculate the payback period and net present value for each project (assuming a 10% discount rate).

(b) If A and B are mutually exclusive and C is independent, which project, or combination of projects, is preferred using (1) the payback method or (2) the net present value method? What do the results tell you about the value-additivity properties of the payback method?

Answers

Answer:

A

Explanation:

Calculate the payback period and net present value for each project assuming a 10 % discount rate

Effective managers understand the importance of clear communication using different channels to advance the _________ strategy.

Answers

Effective managers understand the importance of clear communication and hence use different channels to advance the organizational communication strategy

What is a communication strategy?

Communication strategy refers to the plans for speaking statistics associated with a selected issue, event, situation, or audience. They function as the blueprints for speaking with the public, stakeholders, or maybe colleagues.

Therefore, Effective managers understand the importance of clear communication and hence use different channels to advance the organizational communication strategy

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Give a specific example of how information on a social networking site can communicate negative information to a potential employer.


help me within 5 min​

Answers

When any individual post any content on social media, it shows their support or disagreement for the same. There are stuff like political opinion and religious discrimination which can create negative information  to the employer.

What is communication?

Communication is refers as exchange of information between two individuals with a medium to share ideas, suggestions, and complaints.

When any individual post any content on social media, they are responsible for the results of it. Supporting political parties and religious themes will create negative information to the employer that the individual supports discrimination.

Apart from this, the social media presence also testify that an individual post everything on social media, which can creates issues for the privacy and security of the organisation.

The social media presence of any individual will lead to create impression about him, which can create both positive and negative image.

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How effective was this solution? How did it affect
the way Kenya Airways ran its business and its
business performance??

Answers

CRM deals with methods, strategies and technologies that helps firms to manage and analyze customer interactions and I believe that this will be an effective solution for  Kenya Airways business performance.

What was the relationship of customer relationship management to Kenya Airways?

Every organizations is saddled with the aim of growth, development and to make profit.

Kenya Airways business performance using Customer relationship management (CRM) as a business strategy will help them to known more about their customer's life cycle and address key issue which will in turn make their airline run effectively.

The first part of the question is:

Short Case study: Kenya Airways Flies High with Customer Relationship Management

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604 | Business Statistics 10. If 2A + B = 12 -3 [13 22] and 3A - 4B 7 [2, 10]. 21 11 604 | Business Statistics 10. If 2A + B = 12 -3 [ 13 22 ] and 3A - 4B 7 [ 2 , 10 ] . 21 11​

Answers

2A + B = 12 -3 [1,

3 22] ,3A-4B

5A+z5B

It is possible to eliminate certain risk by investing in different companies. What type of risk is this?

Answers

The given statement can be marked as true. Unsystematic risk can be eliminated by investing in different companies.

What is meant by Unsystematic risk?

Unsystematic risk refers to risks that represents the portion of investment risk that can be practically reduced or eliminated through the way of diversification.

Diversification is the risk management strategy that consists a wide variety of investments. It ensures that if some assets perform poorly, other areas of the portfolio associated with different sectors can cover the loss.

Unsystematic risks can be reduced by diversifying one's investments.

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Where would you navigate within QuickBooks Online to show product/service column on sales forms?

Answers

Everything you might sell to a consumer is listed in Quickbooks Online's Products and Services category.

What are the steps to navigate sales forms?

1. Go to the Settings cog;

2. Next- Account, and Settings

3. Next- Select Sales

4. Next- Products and Services

5. Next- Ensure the Show Product/Service column on sales forms is On.

Additionally, You may choose which fields are included in QuickBooks when you build a customer sales form by using the sales form content choices.

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Rental agreements are typically paid while leases are typically for Select
a month to month,4 months to 10 years
b week to week, 2 months to 3 years
c month to month,6 months to a year
d week to week,6 months to a year​

Answers

Most time, the Rental agreements are typically paid month to month while the leases are typically for 6 months to a year.

What is a Rental agreements & leases?

Rental agreements refers to agreement made on a rent between a tenant and landlord of a property while the leases agreements is between the lessee and lessor.

Thus, in most time, the Rental agreements are typically paid month to month while the leases are typically for 6 months to a year.

Therefore, the Option C is correct.

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Eileen is setting up a company in QuickBooks Online and needs to fill in opening balances for vendors. What is the best way to record opening vendor balances and why?

Answers

The best ways is to fill in the opening balance in the vendor details dialogue box. This method is quick, and one may finish it when one create the vendor.

The Vendor Balance Summary report summarizes the company's obligations and overpayments to certain vendors. The overarching goal of this report is to identify accounting irregularities. View the Vendor Balance Detailed report for further information on the vendor's balance.

The following information is included in the report:

Vendor: Either the vendor indicated in the preceding filtering choices or all suppliers accessible to the firm.Balance: The amount owed to a certain vendor or the credit/overpayment amount (marked with brackets).Totals: The total amount owed or payed to the suppliers listed.

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How does the standard order of accounts in the general ledger and in adjusted
trial balances facilitate the preparation of financial statements?

Answers

the  standard order of accounts in the general ledger and in adjusted trial balances facilitate the preparation of financial statements help in the knowing the revenue of the company

What is financial statement?

financial statement help in the financial sector to know the profit as well as the loss of the organization.

Hence, with  standard order of accounts in the general ledger and in adjusted trial balances facilitate the preparation of financial statements help to the knowing the revenue of the company

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How and Why Can Complexity Theory be Applied by Managers to Implement Strategic Change?

Answers

Answer: C

Explanation:

What is Globalization?
a.
None of the above
b.
The process of social, political, economic, cultural, and technological integration among countries around the world.
c.
When we all do the same thing
d.
The process of someone trying to take over the world

Answers

b. The process of social, political, economic, cultural, and technological integration among countries around the world.

Answer:

B. The process of social, political, economic, cultural, and technological integration among countries around the world.

Explanation:

Globalization essentially involves many people from around the world, of various social groups and culture types, engaging with each other (globally).

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What happens when a criminal case is brought to the Oklahoma Court of Criminal Appeals, then reappealed after the court has heard the case?A.A case decided by the Oklahoma Court of Criminal Appeals cannot be reappealed.B.The case must be appealed to the federal courts; if they refuse to hear the appeal, the case cannot be reappealed.C.The case must be appealed to the Supreme Court of Oklahoma; after the case is heard by the supreme court, it cannot be reappealed.D.The case can be appealed first to Oklahomas district courts, then to the Supreme Court of Oklahoma.(i am giving 100 points) You are asked to create a new computer password made up of 4 digits followedby 3 letters.Determine how many different computer passwords are possible if digits andletters cannot be repeated. 2. Which one of the following is the purpose of relating tables in a database?A. To permit external data only to be viewed.B. To allow data to be sorted before printing to a report.C. To enable mathematical calculations to be carried out more efficiently.D. To avoid duplication of data. A pound of chocolate costs 6 dollars. John buys p pounds. Write an equation to represent the total cost c that John pays.0-0 2Question 29XS ? Write an composition that illustrate the saying the rich also cry (not more than 250 word) True or false? the chemiosmotic hypothesis states that the synthesis of atp generates a proton gradient that leads to electron flow through an electron transport chain. One way in which a tuscan order column differs from one of the doric order is that the:. This probability distribution shows thetypical grade distribution for a Geometrycourse with 35 students.GradeA BCD FFrequency 5 10 15 3 2Find the probability that a student earns a find the area dimensions are in centimeters. assharpas a knife similies Which kind of US counter-elites have historically had the most success in politically mobilizing the masses?Question 8 options:rightwingleftwingcentristnone of the above In response to ______ discrimination, congress passed the equal credit opportunity act. What is the solution to this system of equations? x + y = 2 and y - z = -3 and x + y - z = 0 Metal X is more reactive than metal Y. Metal Y is more reactive than metal Z. Which statement is correct? (1 mark)A) When metal X is placed in a solution of Y sulfate, there is no reaction.B) When metal X is placed in a solution of Z sulfate, a reaction occurs.C) When metal Y is placed in a solution of Z sulfate, there is no reaction.D) When metal Z is placed in a solution of X sulfate, a reaction occurs. Which line(s) from Ovids "Pyramus and Thisbe" reveal a plot detail?ringed by the tall brick walls Semramishad builtso we are told.no boy in Babylonwas handsomer than Pyramus.and sun had left the brine-soaked meadows dry,Delighted with their planimpatientlythey waited for the close of day. I need help with this: -1/4 x (-7/9) What function is shown in the graph above? Misplacing your cell phone and waiting in long lines to register for classes are examples of Which function is shown in the graph below? A group of fitness club members lose a combined total of 28 kilograms in 1 week. There are approximately 2.2 pounds in 1 kilogram. Assuming the weight loss happened at a constant rate, about how many pounds did the group lose each day?