In double-entry accounting, where should you record money that is leaving your company to pay bills? A. In the debits column B. In the credits column C. In the asset column D. In the cash flow column

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Answer 1
B. In the credits column
Answer 2

Answer:

B. In the credits column.


Related Questions

Fine oil uses an organizational structure that includes both functional divisions (such as marketing and hr) and a divisional chain of command (such as the chemical and petroleum products divisions). for example, glen, a salesperson for fine oil, reports to both the marketing manager and the petroleum products manager as he starts to develop the shell oil account. fine oil uses a matrix structure. true false

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True A matrix organizational structure involves reporting to two managers. Having a functional and products manager like Glen is a typical form of this organizational structure.

according to ___, self-interest and competition act as ____ guiding firms in a market-based economy.

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Adam Smith, and Invisible hand. hope this helps!

ADAM SMITH

AN INVISIBLE HAND

Deere & company, the maker of john deere farm, construction, and lawn-care equipment, employs ___________ engineers who work full-time with the company's suppliers to improve their efficiency and quality and reduce their costs.

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Deere&company employs supplier-development engineers who work full-time with the company's suppliers to improve their efficiency and quality and reduce their costs. The supplier development involves the effort by organizations to build relationships that shape suppliers' products, services, and capabilities to fit a buyer's needs and those of its customers. 

Margaret would like to work in the Journalism and Broadcasting industry. Which set of qualifications would best assist Margaret in getting a job?
=============================================================================
a. creativity, problem solving, and physical strength
b. critical thinking, accuracy, and confidence
c. problem solving, memorization, and ability to accept criticism
d. critical thinking, commitment to practicing, and physical steadiness

Answers

Your answer would be C because you gotta be ive if you wanna be in journalism and broadcasting

Working in the Journalism and Broadcasting industry means that you would probably be a reporter or a newscaster, which means that you would need these abilities (C) problem solving, memorization, and ability to accept criticism.

Problem solving is required because sometimes unexpected situations arise and you have to be able to manage them properly. Memorization is necessary since you will have to memorize your list of questions, information, or the news that you have to present later on.

Juniper enterprises sells handmade clocks. its variable cost per clock is $6, and each clock sells for $24. calculate juniper's contribution margin per unit and contribution margin ratio.

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To find contribution margin per unit, we subtract variable cost from sales price. This means that contribution margin is 24 - 6 = $18. To find contribution margin ratio, we divide the contribution margin by the sales price and multiply by 100%. 18/24 x 100% = 75%

Final answer:

Juniper Enterprises' contribution margin per unit is $18, and their contribution margin ratio is 75%, calculated from a variable cost of $6 and a selling price of $24.

Explanation:

To calculate Juniper Enterprises' contribution margin per unit and contribution margin ratio, we use the given data of a variable cost per clock of $6 and a selling price of $24. The contribution margin per unit is found by subtracting the variable cost per unit from the selling price per unit.

Therefore, for Juniper Enterprises, the contribution margin per unit is $24 - $6 = $18 per clock. The contribution margin ratio is calculated as the contribution margin per unit divided by the selling price per unit, expressed as a percentage. So, Juniper's contribution margin ratio is ($18 / $24) * 100 = 75%.

Organizing data how is data displayed to make it meaningful answer key

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Raw data should be organized at least in the case, say of diamond drill hole assays according to the location of each sample in the hole, the sample length, and the assay results for different elements. So organizing according to location and sample size and quantitative results is a good way to organize date in a meaningful way.

Nikki and brad are married dentists who split the hours and responsibilities at a busy dental practice so they can juggle the demands of their growing family. nikki works on tuesday and​ thursday, and brad works on​ monday, wednesday, and friday. they split the pay and benefits of a single​ full-time dentist position. this best describes​ _______.

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This best describes FLEXTIME. 
Flextime refers to a flexible hours schedule which allows employees to alter the hours they will start and finish working in a day or the days they will work in a  week. A flextime policy allows workers to choose when they will work. The total working time required of a worker under the flextime schedule is the same as that  required of the traditional workers who worked during the traditional working hours, that is, 9 a.m to 5 p.m.

In a ________ structure each business unit has complete autonomy to reach its goals.

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In a DIVISIONAL structure each business nit has complete autonomy to reach its goals.
A Divisional Organizational Structure is important for a company with various regions, markets and products. It is a combination of different business units and each unit has the right of autonomy. It is a type of organizational unit that has many divisions depending on products or geographies.


Final answer:

In a divisional ( decentralized) structure, each business unit operates autonomously, maintaining complete control over decisions and income. This is similar to a decentralized unitary system in governance, where regional entities have certain powers delegated to them.

Explanation:

In a divisional/ decentralized structure, each business unit has complete autonomy to reach its goals. This structure contrasts with other organizational forms such as a unitary structure or a confederation. In the context of businesses, autonomy means that the owner of the company maintains complete control, making decisions without consulting others and controlling all income generated by the business.

The division of power within a country can also reflect these organizational forms. For example, the United Kingdom previously had a highly centralized unitary system but has since moved towards decentralization through devolution, creating regional governments and delegating specific powers to them. In both business and governance, the balance of autonomy versus central control reflects the chosen structure.

N periods of rising prices when lifo is used, companies avoid reporting a ________ because a portion of the gross profit must be reinvested to purchase more expensive inventory items.
a.paper profit
b.gross profit
c.net lossa
d.net income

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A is the most correct answer. With a paper profit, the company will report having much more income than it actually has on-hand, and would then require them to invest much of that (invisible, for the purposes of the business) income back into items that they could likely not afford.

At a garment​ manufacturer, all cutting machines are grouped together in one​ area, whereas sewing machines are grouped together in another​ area, and pressing machines are arranged in still another area. what type of layout does this​ suggest?

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This question suggests that the garment manufacturer uses grouped work stations. Instead of using a more streamlined process in which the material would move smoothly from cutting to sewing to pressing, the cutting machines are in a group in one place. Likewise, the sewing machines are in a separate area, as are the pressing machines.

If last year a pineapple cost​ $2, and this year it costs​ $4, there has been a​ ________ percent rise in the price of the pineapple over a​ one-year period.

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Let us consider last year's price, $2, as the original price of a pineapple. This year, the price has risen to $4. So the increase in pineapple price is 4 - 2 = $2. To convert the price increase into a percent, follow this step: Increase in price/original cost x 100. That is, 2/2 x 100 = 100. Thus, there has been a 100 percent rise in the price of pineapple over a one year period.

Identify two areas of nursing practice, which evidence-based practice has improved patient outcomes. state the study and its impact on patient care. how have these findings changed your nursing practice? please support your response with a minimum of two supporting peer reviewed articles.

Answers

Evidence based practice provides nurses with a method to use critically appraised and scientifically proven evidence for delivering quality health care to a specific population. In a study ,a total of 2,100 copies of questionnaire were distributed to registered nurses in 2 public hospitals in singapore....more than 64%of the nurses expressed a positive attitude towards evidence based practice.
Final answer:

Evidence-based practice has improved patient outcomes in the areas of medication administration and fall prevention. The implementation of barcode medication administration (BCMA) has significantly reduced medication errors and improved patient safety. Multifactorial interventions have been effective in reducing falls among older adults.

Explanation:

Area 1: Medication Administration

Evidence-based practice has significantly improved patient outcomes in the area of medication administration. One study, published in the Journal of Nursing Care Quality, explored the impact of barcode medication administration (BCMA) on medication errors and patient safety. The study found that implementing BCMA reduced medication errors by 54% and significantly improved patient safety by ensuring accurate medication administration. As a result, many healthcare institutions have adopted BCMA systems to enhance patient safety.

Area 2: Fall Prevention

Evidence-based practice has also made a significant impact on fall prevention in healthcare settings. A study published in the Journal of the American Geriatrics Society examined the effectiveness of multifactorial interventions in reducing falls among older adults. The study found that implementing evidence-based fall prevention strategies, such as exercise programs, environmental modifications, and medication review, reduced fall rates by 20-30%. These findings have led to the implementation of comprehensive fall prevention programs in many healthcare facilities.

As a nurse, these findings have changed my practice by emphasizing the importance of evidence-based interventions in ensuring patient safety and improving outcomes. I now prioritize the use of BCMA systems during medication administration and actively engage in fall risk assessments and interventions to prevent falls among my patients.

If abc company earned $280,000 in net income and paid cash dividends of $40,000, what are abc's earnings per share if it has 80,000 shares outstanding?

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To find earnings per share, simply divide the company's net income by the number of shares that are outstanding. In this case, the values are $280,000/80,000. This gives a value of $3.50 for the earnings per share outstanding. Dividends, in this case, are not necessary for the calculation.

Rank the 1040 forms in order from simplest to most complex. a. 1040-A, 1040-EZ, 1040 b. 1040-EZ, 1040, 1040-A c. 1040-EZ, 1040-A, 1040 d. 1040, 1040-EZ, 1040-A Please select the best answer from the choices provided A B C D

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The correct option is C.
The personal income tax forms are three in number, one can choose any one that one finds suitable; there are lot of differences among these forms. The simplest  and the shortest of the three forms is 1040EZ. The 1040-A is a bit more complex and the 1040 form is the most complex.

Answer:

C is the correct choice.

Explanation:

If an offeree dispatches both an acceptance and a rejection to an offer:
a.the acceptance is effective as soon as it is dispatched and a contract is created.
b.the rejection is effective as soon as it is dispatched and no contract can be created.
c.neither the acceptance nor the rejection is effective and another response must be issued.
d.whichever response reaches the offeror first will determine whether a contract is created.

Answers

If an offeree dispatches both an acceptance and a rejection to an offer
(d) WHICHEVER RESPONSE REACHES THE OFFEROR FIRST WILL DETERMINE WHETHER A CONTRACT IS CREATED.

In such case, if the acceptance reaches the offeror first then a contract can be created. Thus, it totally depends on what reaches the offeror first. Any offer made by head of an organization can be accepted or rejected and there are business laws for this.

Painting your home is an example of a _____.
a.
Two minute action task
b.
Time sensitive task
c.
One task in a project
d.
Multi-task job

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Painting is an act of beautifying it comes after multitasking.

What is multitask Job?

A multi-tasking job involves an individual performing several tasks and doing each with good judgment.

Having done every other requirement in the house and thereafter painting it is multitasking.  

It can be challenging coming up with more good ways to perform each task.

Therefore, Painting your home is an example of a Multi-task job.

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Painting your home is an example of a c. One task in a project.

When you paint your home, it is typically part of a larger project that involves multiple steps such as preparing the surface, choosing the right paint, applying the paint, and finishing touches. Each of these steps is interconnected and contributes to the overall goal of giving your home a fresh look. Therefore, painting your home is considered one task in a project rather than a standalone activity.

By treating painting your home as a task within a project, you can better plan and organize the process, ensuring that all necessary steps are completed efficiently and effectively. This approach helps you break down the larger project into manageable parts, making it easier to achieve your desired outcome.

If your budget allowed you extra money for this month, would you choose to consume, invest, or save that money? Why? Be specific!

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I would save the money if something unexpected happens. 
Personally, I would choose to save that money. The reason why is you never know - maybe something bad is going to happen and you will need that extra cash. So instead of splurging it on material things, it's better to save it for a rainy day, in my opinion. Investing is not safe, given that you may lose a lot more than you invest. 

You are considering building a new deck on your​ home, what factors should you consider when deciding whether to borrow the money or take the money out of your savings​ account?

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who what when and where

You should definitely consider that you are only allowed to withdrawl 6 times from your savings account in a month according to the federal law. So, this would probably make you consider borrowing because something might come up where you need the money from your savings. Also, you should consider if there is an interest rate in borrowing the money, and how long it would take you before you could pay it back. Hope this helps!

True or false:this represents a recommended practice for the estimation of a project's cash flows

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This is answer could be true I think

A firm has $820 in inventory, $3,200 in fixed assets, $1,210 in accounts receivable, $890 in accounts payable, and $360 in cash. what is the amount of the net working capital

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Given:
Inventory:                    $820
Fixed Assets:              $3,200
Accounts receivable: $1,210
Accounts payable:     $$890
Cash:                           $360

The amount of net working capital is
Cash and cash equivalents ($360)
+ Receivables ($1,210)
+ Inventory ($820)
+ Marketable investments ($3,200)
- Accounts payable ($890)
= $4,700

Answer: $4,700

Final answer:

The firm's net working capital is calculated by subtracting current liabilities from current assets, which in this case results in $1,500.

Explanation:

To calculate the net working capital, we need to subtract the firm's current liabilities from its current assets. Current assets include inventory, accounts receivable, and cash, while current liabilities consist principally of accounts payable.

First, we sum up the current assets:


 Inventory: $820
 Accounts Receivable: $1,210
 Cash: $360

Therefore, total current assets = $820 + $1,210 + $360 = $2,390.

Now, we subtract the current liabilities:


 Accounts Payable: $890

Net working capital = Total current assets - Total current liabilities = $2,390 - $890 = $1,500.

The firm's net working capital is $1,500.

​austin is an account manager for the music production company, live nation, and has always been an avid musician and music enthusiast. austin is responsible for working with one of their major clients, state farm insurance, who is a major sponsor of various music festivals such as the coachella valley music and arts festival, bonnaroo, lollapalooza, and bumbershoot. in his free time, austin plays guitar in a band and enjoys performing at open mic nights or the occasional gig. his job and his hobbies mesh so well that he doesn’t even feel like work is “work”—it’s more recreation to austin since he enjoys the music industry so much. austin’s passion for music and his view of himself as a musician influences his purchasing choices of products and brands. austin’s ________ influences his purchasing decisions as he seeks to purchase items that reflect or enhance his persona.

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The answer is self-concept. This is an individual’s belief about himself or herself. In this case of Austin, his passion for music and his opinion of himself as music influences his purchasing choices of products and brands affects him because he buys things that he thinks he need because it is somewhat related to him and he thinks that buying this products can really enhance his character. 

Victor realizes that he needs money to start a clothing company. if he decides to obtain his funds through equity financing, what will his company have to do?

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Victor's company will need to issue stock to raise funds through equity financing, resulting in selling parts of his company to investors in exchange for capital, while forgoing the requirement of making regular interest payments like in debt financing.

If Victor decides to obtain his funds through equity financing, his clothing company will need to issue shares of stock, representing ownership stakes in the business. By doing this, Victor is choosing to sell parts of his company to investors rather than taking on debt like a bank loan or issuing bonds. These investors, include private individuals such as angel investors or professional entities like venture capitalists, provide capital in exchange for ownership. This means they have a claim to future profits and a say in the company's operations, but unlike debt financing, the company is not obligated to make regular interest payments.

Equity financing allows companies, especially ones with little to no profits, to raise funds without the pressure of repayment schedules associated with debt. However, Victor will be giving up a portion of his decision-making power and potential future profits. He'll need to strike a balance between gaining capital and retaining control of his company.

In the context of international trade, a small country is one that:

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cant produce much for trade

A leader's credo should describe what the leader believes in and will or will not stand for.

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Trust can be separated into clearing up and imparting your qualities and building associations with others. A decent First step in clearing up esteems is to make an individual statement of purpose or an administration philosophy that depicts what you really have faith in as a pioneer. A philosophy ought to portray what the pioneer has faith in and will or won't remain for. Second, it ought to likewise portray a perfect state. Administration philosophies ought to persuade; pioneers ought to be energetic and excited about the sort of pioneer they try to be. Fourth, individual statements of purpose ought to be made open.

Tim writes a note to his boss to apologize for an embarrassing typo in a recent publication. at the end of the message, he promises that he will not let such a mistake get by him in the future. this promise is an example of

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Tim’s desire to demonstrate remorse for his sanctions as well as demonstrate his understanding of the consequences of his poor behavior. This promise is an example of Tim attempting to secure future employees within with his current organization. Tim is ultimately owning my up to a mistake like a true man.

Why open-die forging is not a practical technique for large-scale production of identical produces?

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Large-scale production of identical produces is not possible because without the control of the metal flow, the shape and properties relying on the human operator, product differences will arise, and therefore the quality and expectation can differ in large-scale production which is a downside.

George is a u.s. citizen who is employed by hawk enterprises, a global company. beginning on june 1, 2017, george began working in london (for a total of 214 days in 2017). he worked there until january 31, 2018, when he transferred to paris. he worked in paris the remainder of 2018. his salary for the first five months of 2017 was $100,000, and it was earned in the united states. his salary for the remainder of 2017 was $175,000, and it was earned in london. george's 2018 salary from hawk was $300,000, with part being earned in london and part being earned in paris.

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George's salary for the first month of 2018 was $25,000, the remainder of his salary was earned in Paris. He received $275,000 for the remaining 11 months he worked in Paris.

Daw company's december 31 year-end unadjusted trial balance shows a $10,000 balance in notes receivable. this balance is from one 6% note dated december 1, with a period of 45 days. assume daw company does not prepare reversing entries. prepare journal entries for december 31 and for the note's maturity date assuming it is honored. (use 360 days a year.)

Answers

Interest on notes receivable is the cost of borrowing money for the borrower or profit from lending money. Interest should be calculated by multiplying principle amount of notes with rate of interest and number of days of interest. Following is the calculation

 

Interest = Principle amount of notes x Annual rate of interest x days =  10,000 x 0.06 x (30/360) = 50

 

Since the interest amounts to $50 for the period of 30 days at the rate of 6%, the journal entry for the corresponding transaction is shown below.

On Dec 31, Interest receivable debit is $50. Interest Revenue Credit is $50

Interest receivable account should be debited as it is the asset of D and revenue account needs to be credited as interest income of company should be recognized at income side of profit and loss account which amount to $50.

 

Maturity date is the date on which notes must be repaid with specified interest for holding period. Generally, maturity period of notes is less than a year means in days. Since notes is issued for 30 days at the interest rate of 6%, computation of the maturity date is shown below.

On Aug 2, Cash Debit is $10,075. Interest receivable Credit is $50. Notes receivable Credit is $10,000. Interest Revenue Credit is $25.

On the date of maturity, cash is received against the note along with the interest due to which cash account needs to be debited by maturity value of $6,180. Notes receivable should be credited by $10,000. Interest is the income for the company and it should be credited underlying the profit and loss account.

Interest earned that needs to be recognized at the year:

[tex]10,000 *(0.06* (\frac{31}{365})) = 50.95[/tex]

Debt: Interest Receiveable 50.95

Credit: Interest Revenue 50.95

Further Explanation Due to a 6% interest of $ 50.95 over a 30 day period, the journal entries are as follows: December 31, debit from interest receivables is $ 50.95. The Interest Income Credit is $ 50.95 Accounts receivable written down debited because it is a Daw company assets The written income account is credited because the company's interest income must be recognized profit and loss income of $ 50.95.

Money orders are issued for 30 days at an interest rate of 6%, the calculation of the due date is as follows: August 2, Cash Debit is $ 10,075.95 $ 50.95 interest receivable credit Credit received by Notes is $ 10,000 The Interest Income Credit is $ 25

On the due date, cash received by the notes and interest is debited with a maturity value of $ 6,180 Receivables are credited with $ 10,000 Interest is income for the company and is credited for the basis of the profit and loss account.

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Grade: College

Subject: Business

Keyword: interest, revenue, due

A boat licensed to harass enemy shipping in wartime is called a

Answers

its a destroyer i think

What is an agency relationship?

Answers

Where a principal gives legal authority to an agent to act on the principal's behalf when dealing with a third party

A business relationship in which a principle gives an agent legal authority to act on their behalf when dealing with third parties. 

Hope this helps!
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