The preparation of the journal entries for the transactions of Smith and Son's Department Store is as follows:
Journal Entries:November 30
Debit Accounts Receivable $2,500,000
Credit Sales Revenue $2,500,000
Debit Cost of goods sold $1,600,000
Credit Inventory $1,600,000
Adjusting Entries:
Debit Inventory $128,000
Credit Cost of goods sold $128,000
Debit Sales Returns $200,000
Credit Accounts Receivable $200,000
December 31
Debit Accounts Receivable $100,000
Credit Sales Returns $100,000
Debit Cost of goods sold $62,000
Credit Inventory $62,000
Data and Calculations:Total sales for November = $2,500,000
Expected sales returns = $200,000 ($2,500,000 x 8%)
Cost of goods sold = $1,600,000
The expected cost of returnable goods = $128,000 ($1,600,000 x 8%)
Actual sales returns = $100,000
Actual cost of returned goods = $66,000
Transaction Analysis:November 30: Accounts Receivable $2,500,000 Sales Revenue $2,500,000
Cost of goods sold $1,600,000 Inventory $1,600,000
Inventory $128,000 Cost of goods sold $128,000
November 30: Sales Returns $200,000 Accounts Receivable $200,000
December 31: Accounts Receivable $100,000 Sales Returns $100,000
Cost of goods sold $62,000 Inventory $62,000
Thus, the journal entries for the business dealings of Smith and Son's Department Store have been prepared as above.
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Based on the transactions by Smith and Son's Department Store, the journal entries are:
Date Accounting title Debit Credit
November Cash 2,500,000
Sales 2,500,000
November Cost of goods sold 1,600,000
Inventory 1,600,000
December Sales Return 100,000
Cash 100,000
December Inventory 66,000
Cost of Goods sold 66,000
How can Smith and Son's Department Store transactions be journalized?When cash sales are made, the sales account should be credited and the cash should be debited.
Cost of goods sold should be debited as it is an expense, and inventory should be credited as it is decreasing. Sales returns are debited which leads to inventory being debited as well.
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After enduring a painful and humiliating series of initiation rituals, Pat was finally admitted to a social club as a member in good standing. Across town, John was also admitted to a social club, but this club has abandoned hazing as an initiation practice. According to cognitive dissonance theory, which one should be more committed to their fellow club members, and why
Pat, because of the effects of effort justification.
What is justification for effort?
The tendency for people to rate a task or activity higher when it involves anything challenging or unpleasant. When there are no evident justifications for performing the task, the outcome is most likely to happen. Because exerting effort to complete pointless or unpleasant work, or suffering unpleasant consequences, as a result, is cognitively inconsistent (see cognitive dissonance), it is hypothesized that people will change their assessments of the task to be more positive in order to restore consistency.
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6. Providing a link between Federal resource providers and local governments to ensure that recovery needs are addressed after a disaster is primarily a ___________ responsibility of _________________.
Providing a link between Federal resource providers and local governments to ensure that recovery needs are addressed after a disaster is primarily a Pre-disaster responsibility of the local government.
Pre-disaster recovery planningPlans for pre-disaster recovery establish the governance, tools, and resources that communities may require in the wake of a future disaster to enable a more thorough, efficient, and quick recovery. Building pre-disaster planning, mitigation, and recovery capacity is the first step in a community's ability to successfully manage recovery following a catastrophic event. Planning for pre-disaster recovery helps create resilient communities that are better able to endure, respond to, and recover from disasters, resulting in quicker reconstruction, stronger community cohesion, and more efficient city operations during the post-disaster reconstruction phase. Access to State and Federal disaster resources, including money, can be made more efficient and quick with planning.
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Whose duty is it to ensure that policies are created to guide employees of an alcohol establishment in the service of alcoholic beverages?.
ABC licensees ensure that policies are created to guide employees of an alcohol establishment in the service of alcoholic beverages. This is further explained below.
What are ABC Licensees?Generally, It is the responsibility of the ABC Licensee to ensure that rules are in place to instruct staff members in the responsible serving of alcoholic drinks on the licensed premises.
In conclusion, In order to guarantee that alcoholic drinks are served safely and responsibly, ABC licensees must ensure that rules are in place to direct staff.
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In this passage president Lincoln expresses concern about what
In this passage President Lincoln expresses concern about the secession of several Southern States.
How to depict the information?It should be noted that the Southern States seceded to protect their rights and due to disagreement over tariff.
According to them, the institution of slavery should be dissolved.
Therefore, this passage President Lincoln expresses concern about the secession of several Southern States.
The complete question is:
Read this passage from a letter written by Abraham Lincoln.
“We have just carried an election on principles fairly stated to the people. Now we are told in advance, the government shall be broken up, unless we surrender to those we have beaten . If we surrender, it is the end of us, and of the government.
In this passage, Lincoln expresses concern about
A.the secession of several Southern states.
B.the splintering of the Democratic Party.
C.Confederate troops firing on Fort Sumter.
D.the formation of a new state.
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You are driving along your delivery route when you witness one car hitting another car at a high rate of speed. Trained as a first aid provider, you stop to help. The scene is safe, and the driver of the car whom you have gone to help has no immediate life threats that you can assess. However, she is not wearing a seat belt and it appears she was thrown forward into the windshield, hitting it with her head. There is a small cut on her forehead, but she does not complain of pain in her neck, or numbness and tingling in her arms or legs. What should you do
There is a small cut on her forehead, but she does not complain of pain in her neck, or numbness and tingling in her arms or legs. lack of symptoms does not indicate spinal injury did not occur .
Time is the most important component in saving and maintaining a tooth for effective reimplantation. In other words, get to the dentist or the ER as soon as you can. After 30 minutes, the chance of reimplantation quickly decreases.The 3 measures of high-quality chest compressions-
More than two inches should be compressed.Between 100 and 120 beats per minute, compress quickly.Recoil the chest as you please.What are the 4 steps of high-quality CPR?
High-quality CPR must have 5 essential elements: less breaks in compressions, compressions of the proper depth and velocity, no leaning in between compressions, and little ventilation.
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An extreme feeling of patriotism that is based on fear or aggression and influences prejudice against other nations is called ___________.
An extreme feeling of patriotism that is based on fear or aggression and influences prejudice against other nations is called Jingoism.
What do you mean by Jingoism?
Jingoism is described as a viewpoint that promotes the use of military force when a perceived foreign danger exists. It is aggressively patriotic or nationalistic.
strong patriotism, especially when manifested in an aggressive or belligerent foreign policy You may be patriotic without being jingoistic, according to the 'jingoistic propaganda'. People who only wish to profit from our sense of national pride have transformed it into jingoistic nationalism.
North Korea, whose national motto is "Powerful and Prosperous Nation," is another excellent example of persistent jingoism. For many years, North Korea has been governed by what many see as a dictatorship, which maintains tight control over its people by restricting the types of media and outside influences they are exposed to.
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An extreme feeling of patriotism that is based on fear or aggression and influences prejudice against other nations is called Jingoism.
What do you mean by Jingoism?Jingoism is described as a viewpoint that promotes the use of military force when a perceived foreign danger exists. It is aggressively patriotic or nationalistic.
Strong patriotism, especially when manifested in an aggressive or belligerent foreign policy. You may be patriotic without being jingoistic, according to the 'jingoistic propaganda'. People who only wish to profit from our sense of national pride have transformed it into jingoistic nationalism.
North Korea, whose national motto is "Powerful and Prosperous Nation," is another excellent example of persistent jingoism. For many years, North Korea has been governed by what many see as a dictatorship, which maintains tight control over its people by restricting the types of media and outside influences they are exposed to.
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Couples in which both partners follow the traditional gender roles (i.e., the man is masculine and the woman is feminine) tend to have Multiple Choice higher compassion. higher marital satisfaction. lower marital satisfaction. lower self-reliance.
The inference is that couples in which both partners follow the traditional gender roles have C. lower marital satisfaction
What is an inference?It should be noted that an inference simply means the conclusion that can be deduced based on the information given.
In this case, the inference is that couples in which both partners follow the traditional gender roles have lower marital satisfaction.
Therefore, the correct option is C.
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Amy used classical conditioning to train her dog to salivate every time she played her favorite classical CD. She did it by playing the CD right before filling the dog's bowl with food, doing so for three days. A week after the conditioning experiment, the response was extinguished. In order to see a spontaneous recovery, Amy would have to
In order to see a spontaneous recovery, Amy would have to do nothing other than play the CD again.
How was classical conditioning used in dog training?Ivan Pavlov is credited with the first demonstration of classical conditioning, which is learning through association. Pavlov demonstrated that if a bell was continually played while food was being given to the dogs, they could be trained to salivate at the sound of the bell. When the dogs were first given the food, they slobbered.
What is John Watson's theory of classical conditioning?According to John Watson, all facets of human psychology may be explained by the classical conditioning method, which was developed in response to Pavlov's studies. Everything, including speech and emotional reactions, was just a series of patterns of stimulus and reaction.
What is an example of operant conditioning in dog training?For instance, you could wish to train your dog to sit when you command it to do so or to stop jumping up on people. The majority of training is carried out through operant conditioning, which involves using rewards and/or punishment to encourage or deter the dog from performing particular actions.
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Physical skills that involve the large muscles groups, typically movements of the arms, legs, head, and torso, are called __________ motor skills, while those that involve the more exact movements of the feet and toes and hands and fingers are called _____ motor skills.
Physical skills that involve the large muscles groups, are called fine motor skills, while those that involve the more exact movements of the feet and toes and hands and fingers are called gross motor skills.
What is Physical skills?Physical skills are skills that involves the using of our body as well as muscles in activities.
In this case, Physical skills that involve the large muscles groups, typically movements of the arms, legs, head.
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which group directly selects the president of the U.S.
The only direct votes used to choose a US President are cast by the 538 electors who make up the US Electoral College. Regardless of the candidate that their State chose as their preference, the majority of these 538 are not required by law to vote for any certain candidate. The majority of the 27 States that genuinely make an effort to make sure the Elector casts a vote that is true to the preferences of their voters impose a minor fine. Legislation has been passed by some that immediately annuls an unfaithful vote, removes the Elector, and installs a new Elector who must likewise cast votes in accordance with the will of their constituents. This mechanism generates some peculiar outcomes. For instance, in the 2016 presidential election, three electors chose Colin Powell over John Kasich, Ron Paul, Bernie Sanders, and Faith Spotted Eagle, even though none of them had won the state-level race. In government entities in the USA, which is a Constitutional Democratic Republic, the people elect representatives to represent them. Presidential elections are a way for the people of each state to communicate with the Electoral College representatives who they desire the Elector to vote for. They may or may not receive consideration from the elector. Even choosing not to vote at all is an option for the elector. Guys, we need to choose a President. I imagine the Founding Fathers had a talk along these lines. Nice to hear. Let's gather a few delegates from each state and pick who will serve in that capacity. They ought to presumably enquire about to learn who the locals think would make a good president. They may have some good suggestions. Why don't we get down and talk in a room with all of these state legislators in the middle of December? We will then declare our choice for President. Hey, why not choose Vice President in the same manner? Yes, that is a wise decision. Do that, then. And presto! The birth of the Electoral College. George Washington was chosen as president without the aid of any national election. Later, the general election was established as a more official means of ascertaining the proposals that the populace had for a candidate for president. Therefore, everyone now has the opportunity to voice their opinions to the Elector through a broad public vote rather than the Elector asking around at the neighborhood bar to choose who to vote for.
The president of the U.S. is elected by The Electoral College, it is an indirect popular election for the President of U.S.
Instead of voting for a candidate directly, voters in an indirect popular election select a group of individuals who have decided to support that candidate. In contrast, votes are cast for a specific candidate in a popular election. Indirect popular election is a process.
The selection of electors, the gathering of electors at which they pick the President and Vice President, and the counting of the electoral votes by Congress make up the Electoral College process.
There are 538 electors in the Electoral College. The President must receive 270 electoral votes in total to win.
Thus, The Electoral College selects the President of U.S.
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In a unitary government system, most of the power is in the hands of the _____. registered voters the monarch and advisors small governments central government NEXT QUESTION
In a unitary government system, most of the power is in the hands of the central government.
A central government, on occasion referred to as a country-wide government, is a degree of government that has large political and territorial authority over an entire country or territory.
The definition of central government is normally used to reference unitary governments with notably centralized power.
There are numerous crucial capabilities one of them is to oversee finance, defense, commerce, and overseas affairs. The central government additionally plays the function of leadership, maintains order, offers public offerings, countrywide security, financial safety, etc.
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Josiah is trying to decide whether to take a new job in a new city. He is worried that if he takes the job and fails, he will suffer from intense anxiety and depression. This is an example of
When Josiah is trying to decide whether to take a new job in a new city and is worried that if he takes the job and fails, he will suffer from intense anxiety and depression. This is an example of Expected emotion.
What are Expected Emotions?Expected emotions are expectations of how the individual would feel once they have experienced the advantages or losses connected to that decision. The risk/return spectrum, which is taken into account in most decisions, has received a lot of attention in the literature.Although expectation states is a theory of status rather than emotion, it offers a framework in which research on emotion in hierarchies may be articulated in order to comprehend how status influences emotion and emotion shapes status in interpersonal interactions.Expectations are resentments that have been planned. It should be simple to recall instances in one's own life where one felt resentment at others for not living up to their expectations.
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which stage of development classifies boys and girls differing very little in terms of size
The Stages of development classifies boys and girls differing very little in terms of size is during school age.
What are the stages of Development?
There are total seven Stages of development in human life. These stages are named as follows:-
infancyearly childhoodmiddle childhoodadolescenceearly adulthoodmiddle adulthood old age.When children are in their school years, boys and girls have quite similar sizes according to the stages of growth. Therefore, school age is time where there is the little difference in terms of size.
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How do social values influence consumer purchase behavior and brand performance
Social values influence consumer buying behavior and brand performance through the psychosocial factors perceived by consumers that lead to the desire for a purchase.
What are social values?They are the set of social factors that an individual learns through the process of cultural socialization that influences their way of acting and thinking, in addition to impacting their moral values, such as kindness, peace, security and harmony.
Therefore, the social values demonstrated by a brand will be relevant to the purchase decision, as they will generate a positive perception in the consumer, increasing the value of the brand and its positioning.
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When examining the rates of homosexuality between identical twins and fraternal twins or non-twin siblings, the following has been reported by research: if one identical twin is gay, his brother has a ________% chance of being gay as well. If a fraternal twin is gay, his brother has a ________% chance of being gay as well.
if one identical twin is gay, his brother has a 52 % chance of being gay as well. If a fraternal twin is gay, his brother has a 22% chance of being gay as well.
What is homosexuality?The definition of homosexuality as a sexual orientation is "a lasting pattern of emotional, romantic, and/or sexual attractions" to individuals of the same sex. Along with such attractions, it "also refers to a person's sense of identity based on those behaviors and membership in a group of people who share similar interests," according to research.
Do heterosexuals commit homosexual acts?It claims that this passage solely pertains to homosexual acts committed by heterosexuals (or gay "abuses") and does not apply if one's "natural" desire is for the same sex and is satisfied by monogamy (or some other kind of "marriage"). Under scrutiny, this falls apart.
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Real estate agents promoting a new recreational development offer a free breakfast and the opportunity to win a trip to Hawaii for attending a short sales promotion meeting. It would appear they are using the _______________ persuasion technique. Question 14 options: 1) rule of commitment 2) rule of reciprocity 3) low-ball 4) high-ball
1) Rule of commitment.
What is the rule of commitment?Marketers and salespeople frequently exploit the rule of commitment, a form of social norm, to persuade customers to make purchases. This convention states that when we publicly commit to something, we usually feel obligated to follow through with it.
The strength of commitment may occasionally cause you to persevere with choices that are not always in your best interests (such as making an expensive purchase), but this propensity isn't always a detrimental factor in our conduct. You could even discover that you can use the commitment rule to motivate others to change their negative behavior.
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Cite three examples to prove that Indian Constitution is quite dynamic.
The following are the proof that the constitution of India is dynamic
The constitution has undergone amendment over a 100 times.It has been amended based on the changing times and the evolving society.A constitutional review was done in the year 2002.What is the constitution of India?This is the document that is used to show and highlight the supreme law of India. It is what lays the framework for the political and the social atmosphere of the nation.
It talks about the duties of the government and the fundamental rights of the people of the nation.
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If you want to improve your speed, try _____ training, repeated hard runs over a certain distance, with periods of relaxed jogging in between.
If you want to improve your speed, try interval training, repeated hard runs over a certain distance, with periods of relaxed jogging in between.
What is interval training?This is the type of training that is known to be an alternation between periods of high and low intensity performance.
This is a great way that a person can improve on their speed. They can have the hard runs and the relaxed jogging.
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Dr. Williams studies police and community relations in New York City. She concludes that negative police interactions with black youth are an expression of institutional and structural racism. Which type of analysis did Dr. Williams use
A micro & macro level analysis was used by Dr. Williams while studying the police and community relations in New York City.
What is a micro & macro level analysis?The macro-level analysis looks at large-scale social processes while the micro-level analysis looks at small-scale interactions between individuals of the society.
Hence, the micro & macro level analysis was used by Dr. Williams while studying the police and community relations in New York City.
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Which of the following environmental factor/s is/are most important requirements for the survival of organisms?
1. Food
2. Water
3. Air
4. All of the choices
According to August Wiesmann's _____ theory of aging, the body is analogous to a machine, like an old car or truck, that simply deteriorates.
August Wiesmann's wear and tear theory of ageing, stipulates that the human body functions like a machine.
The wear and tear theory of ageing saysThe wear and tear theory is a theory first propounded by German scientist Dr August Weismann in 1882. He took a somewhat different view about why the human body deteriorates over time. According to his theory, the human body acts like a machine; an old car or truck, that simply deteriorates.
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What are the two categories that include intellectual and knowledge-based assets? Explicit Knowledge; Tacit Knowledge. Efficient Knowledge; Tacit Knowledge. Intelligent Knowledge; Explicit Knowledge. Open Knowledge; Closed Knowledge.
categories that include intellectual and knowledge-based assets explicit and tactic.
More about explicit asset:
Generally speaking, explicit asset is anything that can be recorded, saved, and codified—often with the aid of IT—counts as explicit knowledge.
- Relatively simple to transfer and communicate
- Transfer is not dependent on face-to-face contact
- Usually reduced to guidelines or instructions
- Electronically stored and transferred across the Internet
patents, trademarks, company plans, market research, and customer lists are examples of assets. The investigation's conditions are met by the profile of an arriving passenger by sharing information on the procedures for regulatory approval, a pharmaceutical business can market a novel drug more quickly and affordably.
More about tactic asset:
Tactic asset is the information held in people's minds resides in one's area of competence is private. It could be based on technical knowledge or on presumptions, intuitions, feelings, perceptions, or mental models.
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Why the pyramid of energy is always upright?
1. Loss of energy from one trophic level to another
2. 10% of energy is transferred to the next trophic level
3. No synthesis of energy occurs from the 2nd trophic level onward
4. All of the choices
Answer:
We I think the answer is a) loss of energy from one trophic level to another.
Not perfect but I hope you get it:-):-)
Hello!
Energy pyramids are always upright because :
Option 1
[tex]\fbox {Loss of energy from one trophic level to another}[/tex]
This shows how most energy is present among producers and less among consumers.
Doctors make more money than fast food workers because doctors contribute more to the society. This is a statement that is grounded in the ______________ theoretical perspective on social stratification.
This is a statement that is grounded in the Structural functional theoretical perspective on social stratification.
What is Structural functional ?
According to structural functional, a school of thought in sociology and other social sciences, each institution, connection, role, and set of norms that collectively make up a society has a function and is necessary for the survival of the others as well as of society as a whole.
The upkeep of social stability, group functioning, and social evolution can be understood as the three fundamental tenets of structural functionalism.
Our lives are shaped by social structures, such as those found in families, communities, and religious institutions. And certain customs, like a handshake or elaborate religious rites, offer our daily life shape.
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Which description applies best to pathway 2?
the path of the moon toward the Sun
the path of the moon’s orbit around Earth
the path the moon would take if it had a larger mass than the Sun
the path the moon would take if there was no force of Earth’s gravity
The correct option is D) the path the moon would take if there was no force of Earth’s gravity.
What would happen if there is no force of gravity on Earth?If there is no force of Earth's gravity then the atmosphere would disappear into space and the moon would collide with the earth, the earth would stop rotating.
Without gravity, the water in oceans, rivers and lakes would also disappear, leaving Earth with no water supply.
Without gravity, humans and other objects will become weightless.
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Answer:
D
Explanation:
just did it
What was true about trade between the mycenaeans, the phoenicians, and the egyptians?
Correct answer is Trade allowed new technologies to spread.
The Mycenaean civilization traded with various countries such as Egypt, Cyprus, and Sicily. This trade brought commodities such as ivory, copper, gold, and even glass. Imports were usually handed over to craftsmen in the palace of the Mycenaean civilization to produce works of art, luxury goods, and military equipment.
From the beginning of the 14th century BC, the Mycenaean trade began to take advantage of new trading opportunities in the Mediterranean after the collapse of the Minoan civilization. Trade routes continued to expand, reaching Cyprus, Amman in the Middle East, Puglia in Italy, and Spain.
The Mycenaean civilization traded with the Minoan civilization. Through trade, the Mycenaean civilization learned a lot about the Minoan way of life. They copied a lot from the Minoan culture. These actions have led historians to believe that the Mycenaean civilization conquered Crete and the Minoan civilization destroyed it.
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Which administrative penalty can be imposed against a retail licensee that knowingly permitted the illegal sale, or negotiations for the sales, of controlled substances or dangerous drugs upon his or her licensed premises?.
Fines is the administrative penalty can be imposed against a retail licensee that knowingly permitted the illegal sale, or negotiations for the sales, of controlled substances.
What are fines for administrative crime?Fines serves as the punishment which is a fee that is been collected from anyone that go against the rules of an organization.
In this case, it serves as administrative penalty can be imposed against a retail licensee that knowingly permitted the illegal sale, or negotiations for the sales of hard drug.
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Chad is sexually attracted to women and has been his entire life. For the last few years, he has found that he is also attracted to men, and has had two relationships where he dated only a man. He finds that these relationships are equally fulfilling, and has come to describe his ______ as bisexual.
Chad is sexually attracted to women and has been his entire life. For the last few years, he has found that he is also attracted to men, and has had two relationships where he dated only a man. He finds that these relationships are equally fulfilling, and has come to describe his sexual orientation as bisexual.
What is Sexual Orientation?Sexual orientation is about who you’re attracted to and want to have relationships with. Sexual orientations include gay, lesbian, straight, bisexual, and asexual.
Sexual orientation is about who you’re attracted to and who you feel drawn to romantically, emotionally, and sexually. It’s different than gender identity. Gender identity isn’t about who you’re attracted to, but about who you ARE — male, female, genderqueer, etc.
This means that being transgender (feeling like your assigned sex is very different from the gender you identify with) isn’t the same thing as being gay, lesbian, or bisexual. Sexual orientation is about who you want to be with. Gender identity is about who you are.
There are a bunch of identities associated with sexual orientation:
People who’re attracted to a different gender (for example, women who are attracted to men or men who are attracted to women) often call themselves straight or heterosexual.People who’re attracted to both men and women often call themselves bisexual.People who don't experience any sexual attraction for anyone often call themselves asexual.People who’re attracted to people of the same gender often call themselves gay or homosexual. Gay women may prefer the term lesbian.Learn more about Sexual Orientation on:
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7. Why is it natural to have conflicts in the world.
It is natural to have conflicts in the world because humans have different psyche, personality, behavior, and backgrounds.
What is a conflict?A conflict is any form of disagreement, misunderstanding, or struggle that arises between two (2) or more people, especially due to any of the following reasons;
A difficult challengeSuperiorityExperiencesDiffering opinionsIncompatibilitiesIn this context, we can infer and logically deduce that it is natural to have conflicts in the world because humans have different psyche, personality, behavior, and backgrounds.
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What service does the association provide to allow individuals to anonymously report allega- tions of ethical violations, fraud, waste, and abuse
The Association of Certified Fraud Examiners is a group of specialists who have agreed to cooperate in order to identify and stop fraud, waste, and abuse.
Association of Certified Fraud ExaminersThe Association of Certified Fraud Examiners is a group of experts who have agreed to cooperate in the fight against waste, fraud, and abuse.Every industry and institution, both public and private, are subject to fraud, waste, and abuse. However, fraud is inherently clandestine, complicated, and challenging to deal with. Anti-fraud experts must conduct themselves with the utmost professionalism and ethical standards due to the complexity and difficulty of detecting and preventing fraud.The ACFE is dedicated to the improvement of the anti-fraud industry as well as the expansion and improvement of its members.The ACFE is aware that legislation and norms of conduct for CFEs can change depending on their unique circumstances.To learn more about the Association of Certified Fraud Examiners refer to:
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