south shore construction builds permanent docks and seawalls along the southern shore of long island, new york. although the firm has been in business only five years, revenue has been from $308,000 in the first year of operation to $1,084,000 in the most recent year. the data to the left show the quarterly sales revenue in thousands of dollars.

The journal entry of the crazy mountain tours co is given below.

The term journal entry in accounting is defined as records a business transaction in the accounting system for an organization

Here we have given crazy mountain tours co. is a travel agency. the nine transactions recorded

And we have to prepare the nine journal entries from which the postings were made.

While we looking into the given question we have identified the following as debit transactions,

Accounts receivable = 12,600 + 8500 = 21,000

Equipment = 12,500

Common stocks = 31,000

Dividend = 2,500

And the credit transactions are identified as,

Accounts payable = 5,700 + 8,700 = 14,400

Supplies = 2700 + 700 = 3400

Operating expenses = 4,800 + 700 = 5,500

The the journal entry for the transaction can be written as follows:

Jan    Accounts receivable               Dr.            $21,000

         Equipment                               Dr.             $12,500

         Common stocks                      Dr.             $31,000

         Dividend                                  Dr.             $2,500

         To Supplies                                                                  $3,400

         To Accounts payable                                                  $14,400

         To operating expenses                                               $5, 500

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Environmental changes are increasingly posing a concern to businesses.

An organisation or enterprising entity engaging in economic, industrial, or professional activity is referred to as a business. Companies can be for-profit corporations or charitable institutions. Limited liability firms, sole proprietors, corporations, and partnerships are among the several types of businesses.

Our lives depend heavily on business. They start by producing things and services to meet our needs and desires. Then, they enlist households as workers and compensate them with earnings, salaries, and benefits. As a result, it turns into a source of revenue for them, which they may utilize to maintain their way of life.

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Under Pure Monopoly , the market consists of many buyers and sellers trading in a uniform commodity.

A market is defined as the total number of purchasers and sellers in the region or area under examination. The region can represent the entire planet, as well as certain states, provinces, or cities. Items traded are valued, costed, and priced in accordance with market forces of supply and demand.

Approximately every seven years since those reforms, the stock market has plummeted, with the 2022 crash being brought on by the coronavirus. These crashes occurred in 2000, 2008, and 2020. Several factors can cause markets to fall. For instance, the stock market plummeted as a result of outside factors in 2022 and 1973, respectively.

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To prepare the financial statement of the Income Statement, start with Sales, then deduct the Cost of Goods Sold, and then deduct the Operating expenses.

An income statement shows the profit made from operations in a given period which is most often a year.

First find the sales revenue amount and then find the sales returns and allowances and deduct them from sales to get net sales. Then add the opening inventory to purchases and deduct the closing inventory. This is considered Cost of goods sold and deducting it from sales gives the gross profit.

Then find your operating expenses such as advertising, utility, and salaries. Deduct these from the gross profit and then find the tax on that pre-tax net profit. After deducting the tax, then you'll have the after - tax profit.

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The level of technology of products and services makes their sale more appropriate in some countries than others is not a factor that differentiate the industrial market from the consumer market.

In an industrial market, businesses trade goods or services with other businesses rather than with a consumer base. This sector, also referred to as the business-to-business market, includes three different subsets: companies that sell goods, companies that sell raw materials, and companies that provide services.

Agriculture; mining; manufacturing; construction and transportation; communication and public utilities; banking, finance, and insurance; and services make up the majority of the industries that make up the industrial market (business market).

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The price for a Yankees ticket is $150 and the quantity is 150,000.

The graphs for the demand and marginal revenue are shown below (in thousands of tickets):

Kansas City Royals:

Demand: P = 100 - Q

Marginal Revenue: P = 100 - 2Q

New York Yankees:

Demand: P = 300 - Q

Marginal Revenue: P = 300 - 2Q

The price and quantity for Royals and Yankees tickets can be calculated by finding the intersection of the demand and marginal revenue curves.

For the Kansas City Royals:

P = 100 - Q

100 - 2Q = 100 - Q

2Q = 0

Q = 0

P = 100

Therefore, the price for a Royals ticket is $100 and the quantity is 0.

For the New York Yankees:

P = 300 - Q

300 - 2Q = 300 - Q

2Q = 0

Q = 150

P = 150

Therefore, the price for a Yankees ticket is $150 and the quantity is 150,000.

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Money Market Accounts are the investments that would be protected by the FDIC. (Option A)

In addition to a debit card and check writing privileges, a money market account is often a sort of savings account. High-yield savings accounts typically offer better rates than money market accounts, but they may also have higher minimum balance requirements.

There are just a few deposit instruments that are covered by FDIC deposit insurance, including checking and savings accounts, money market deposit accounts (MMDAs), and certificates of deposit (CDs).

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Answer: C money market accounts

Explanation: edge 2023

All individuals would be allowed to effect transactions in the account of a customer who is mentally incapacitated except an individual named in the customer's living will

When a person is mentally incapacitated, it indicates that they are momentarily unable to evaluate or regulate their behavior, regardless of the underlying cause of a disease, a flaw, the effects of a substance, etc. An individual is designated in a living will to only make end-of-life medical decisions and not pecuniary ones.

This works because the customer names a person to make choices for the incapacitated client through a durable power of attorney that was granted by the customer previous to his or her mental incapacitation. Trades may be made by the conservator of the account, as appointed by the court. The other party in the account is still permitted to trade if the account was held as joint tenants.

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Answer: b) domestic corporation, because Acxiom’s headquarters is in the same state where Kelly works.

A domestic corporation is a corporation that is incorporated in the same state where it operates. Acxiom is incorporated in Delaware, but its headquarters is located in Conway, Arkansas where Kelly works. Therefore, Acxiom is a domestic corporation in Arkansas.

As per Section 2(22A)​, "domestic company" means an Indian company, or any other company which, in respect of its income liable to tax under this Act, has made the prescribed arrangements for the declaration and payment, within India, of the dividends (including dividends on preference shares) payable out of such.

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Answer:

explain down

Explanation:

A specialty journal records special events or transactions related to the particular journal. There are mainly four kinds of specialty journals – Sales journal, Cash receipts journal, Purchases journal

, and Cash disbursements journal. The company can have more specialty journals depending on its needs and type of transactions, but the above four journals contain the bulk of accounting activities.

All other transactions not entered in a specialty journal account for in a General Journal. It can have the following types of transactions:

Accounts receivables

Accounts payable

Equipment

Accumulated depreciation

Expenses

Interest income

and expenses, etc.

Table of contents

What is General Journal?

General Journal Accounting

General Journal Format

General Journal Examples

Flow Process

Uses

Technological Advances

Conclusion

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It allocates a budget to each function at the beginning of each quarter. This is an example of implementing control through input controls.

A budget is a series of calculations, often but not necessarily financial, for a predetermined time frame, frequently a year or a month. A budget may contain information on expected sales and revenue levels, resource quantities such as time, costs, and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities, and cash flows.

Budgets are used by businesses, governments, families, and other groups to define strategic plans of operations in quantifiable terms. A budget lists proposed ways to raise the funds needed to cover projected expenditures. A budget might show a surplus of resources for future use or a deficit where spending exceeds income or other available resources.

The above question is incomplete, the complete question is-

Coda Inc. is an apparel manufacturer. The management at Coda prefers moderate control over the operations of the different departments such as R&D, design, marketing, and sales. It allocates a budget to each function at the beginning of each quarter. This is an example of implementing control through _____.

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Katrine's report is a summary of the company's global inventory management.

Organizations can use dual valuation and/or dual currency to report inventory statements and sub-ledger accounting values, often known as the inventory balance and cost of goods sold, using global inventory management. Individual ledgers are used for inventory management.

Real-time inventory allocation and availability confirmation are performed. The finest Available-to-promise (ATP) dates and the most effective fulfillment alternatives are provided by Global Inventory Visibility, which makes use of an intelligent sourcing engine that optimizes inventory utilization throughout the extended company.

Managing and remarketing medical equipment, Global Inventory Management collaborates with top partners like hospitals, manufacturers, and financial institutions.

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The ending inventory will be $234,800 and cost of goods sold is $275,400.

According to the LIFO retail method, ending inventory includes the start inventory and the present year's layer. to see layers, we have a tendency to compare ending inventory at retail to starting inventory at retail and assume that no over one inventory layer is side if inventory will increase.

Ending inventory is that the quantity of inventory an organization has available at the tip of its year. it's closely connected with ending inventory price, that is that the quantity of cash spent to induce these product available. It ought to be calculated at the lower of price or market.

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The Brandon Household has budget allocation for the monthly income as:

From the case, we know that:

Monthly Income = %5,750

Savings = 10%

Fixed expense = 32%

Variable expense = 56%

The income allocated as saving is:

Savings = 10% x %5,750

Savings = $575

The income allocated to pay fixed expenses is:

Fixed expense = 32% x %5,750

Fixed expense = $1,840

The income allocated to pay variable expenses is:

Variable expense = 56% x $5,750

Variable expense = $3,220

The remaining income for additional satvings or for paying off debts is:

Remaining income = Monthly income - savings - Fixed expense - Variabe expense

Remaining income = $5,750 - $575 - $1,840 - $3,220

Remaining income = $115

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Based on the conducted survey:

The beautification benefits could be represented by the students willingness-to-pay. Students willingness-to-pay express the way students think and view the initiative, whether it is worthwile or not. The initiative's estimated benefit is:

Estimated benefits = Students' willingness-to-pay

Estimated benefits = Number of students surveyed x average willingess-to-pay

Estimated benefits = 300 x $13

Estimated benefits = $3,900

Nestimated benefits is compared with the estimated cost, the benefits is much lower. This finding shows that the students' perceived value and expectation are lower than what the campus admnistrators expected. Hence, this initiative should not be taken into action.

Students give low amount for their willingness-to-pay shows how the students feel not sure about the importance of beautification initiative and they believe that if the inititive does not happen, the funds will not be spent elsewhere.

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Complete Question:

A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus is non-rival and non-excludable. Thus, the visual appearance would be classified as a public good.

Suppose the college administrators estimate that the beautification initiative will cost $5,200. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 300 students, asking each of them their willingness-to-pay for the beautification project. The average willingness-to-pay, as revealed by the survey, is $13.

The benefit of the beatification initiative, as suggested by the survey, is $_____ . Because the estimated benefit is LESS/GREATER than the cost, the college administrators SHOULD NOT/SHOULD undertake the beautification initiative.

The calculation of the benefit of the beatification initiative relied on the ability of the administrators to accurately capture the true willingness-to-pay of each student.

Answers needed are bolded:

Economists Edward Glaeser and Matthew Kahn studied carbon emissions in different parts of the United States. basis of what they found, they concluded that environmentalists should be in favor of more and taller skyscrapers.

The “terrible” element way that the externality is one this is dangerous in preference to useful to the ones affected. The carbon emissions and the ensuing worldwide warming are terrible externalities because their prices to the surroundings are detrimental, however oblique and gradual.

Bystander effect, the inhibiting has an impact on of the presence of others on someone's willingness to assist a person in need. Research has proven that, even in an emergency, a bystander is much less probably to increase assist whilst she or he is withinside the actual or imagined presence of others than whilst she or he is alone.

The bystander effect happens whilst the presence of others discourages a man or woman from intervening in an emergency situation, towards a bully, or at some point of an attack or different crime. The extra the variety of bystanders, the much less probably it's far for any person of them to offer assist to someone in distress.

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Elton mayo's researchers concluded that worker motivation improved when managers listened to worker's ideas and suggestions is true.

Elton Mayo came to the conclusion that employees' requirements were frequently based on feeling (belonging to a group and having a sense of value), and that this may cause conflicts with managers, who were primarily concerned with cost-cutting and efficiency.

Therefore, According to Elton Mayo's research, when managers took the time to hear the ideas and opinions of their employees, work or motivation increased. The expectation hypothesis states that when employees are given an extremely difficult task, their motivation nearly always improves.

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Elton mayo's researchers concluded that worker motivation improved when managers listened to worker's ideas and suggestions. true or false

This is referred to as Confirmation Bias.

What do you mean by Confirmation Bias?

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Bring in an OD consultant to help integrate the culture and processes of the two firms.

Institute of Management Consultants USA claims that "The ability to accurately diagnose and effectively transform a frequently poorly defined problem and apply information, resources, and processes to create a workable and usable solution is the value of a consultant [as opposed to a Subject-matter expert (SME). Some experts make excellent consultants, and vice versa; some are neither; and only a select handful are both."  Another point of differentiation would be between consultants and experts, or between SMEs and team leaders, or between consultants and coaches.

Since consulting agreements are a type of labor contract, similar to staffing, which a client obtains for more generalist labor and consulting is for more specialized labor, consultants do not necessarily need to be subject-matter experts.

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The change in the accounts receivable balance,given the sales in the year,and the collections on account,was$192, 000.

The balance of money owed to a business for goods or services delivered or utilized but not yet paid for by clients is known as accounts receivable(AR).On the balance sheet,accounts receivable are shown as a current asset.Any sum of money that clients owe for purchases they made using credit is known as AR.Due to the customer's legal duty to pay the debt,businesses include accounts receivable as an asset on their balance sheets.They are regarded as liquid assets since they can be pledged as security against a loan to cover immediate expenses.The working capital of a business includes receivables.The change in accounts receivables from the beginning of the year to the end, is  =Sales on account for the year -Collections on account.

= 528,000-336, 000

= $ 192,000

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Wildhorse Co. uses the specific identification FIFO cost flow method.

FIFO, or "First-In, First-Out," is an acronym. This technique is used for the calculation of the cost of goods sold under the assumption of cost flow. The FIFO approach presupposes that a company's inventory has been sold in the order of oldest to newest items. In the computation, the prices paid for the oldest items are the ones that are taken into account.

More accurate outcomes are more probable with FIFO. This is because it is simpler to calculate stock profit, which makes it simple to update your financial statements and save time and money. Additionally, it prevents the re-counting of old stock and prevents it from being kept for too long before it becomes useless.

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Studies conducted by the world bank and other organisations have highlighted the achievements of nations that have implemented trade liberalisation policies. Hence, Option C is correct.

Trade liberalisation is the process of removing or reducing restrictions or obstacles to the free flow of products between states. These obstacles include both tariffs, such as levies and surcharges, and nontariff barriers, such as licencing requirements and quotas.

The relaxation or removal of these barriers is sometimes seen by economists as a step toward promoting free trade. Trade liberalisation is a contentious issue.

Because of the influx of less expensive items into the local market, critics of trade liberalisation assert that the strategy could lose employment.

The goods may be of lower quality and poorer safety, according to critics, than comparable domestic products that may have undergone more thorough safety and quality inspections.

Therefore, Option C is correct.

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Samuel must determine the risk tolerance of the organization through internal communication before he will be able to complete this task. So, option B. is correct.

Risk tolerance is defined as the level of risk or uncertainty that an organization can tolerate and is a key component of an organization's risk framework. An organization's risk tolerance level is the amount of corporate data and systems that can be exposed to an acceptable level of risk.

The ability and willingness to tolerate a decline in the value of an investment is known as risk tolerance. When determining your risk tolerance, ask yourself whether you can hold your position when the stock market is falling significantly.

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in other words, the individual restaurant managers were: made accountable.

In terms of ethics and governance, accountability is synonymous with answerability, blameworthiness, liability, and the requirement of accounting. It has been at the center of conversations about issues in the public sector, nonprofit, private (business), and individual contexts, just as it is in a governance-related aspect. Accountability in leadership positions refers to the acceptance and assumption of responsibility for actions, outcomes, decisions, and policies, as well as the administration, governance, and implementation of those actions within the parameters of the position or role and the duty to disclose, defend, and account for any consequences.

Accountability in governance now goes beyond the simple meaning of "being held accountable for one's conduct."

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The amount of sales will be reported in the 20X8 consolidated income statement is $100,000.

Since 70% of the goods are sold of the price of $100,000 therefore we can say that in the consolidated income statement, the sales amount is $100,000.

An income declaration or profit and loss account is one of the economic statements of a business enterprise and indicates the company's revenues and prices during a specific duration. It suggests how the sales are converted into the net income or internet profit. An income declaration shows a corporation's revenues, costs and profitability over a time frame. it's also sometimes known as a income-and-loss (P&L) assertion or an profits assertion. It shows your: revenue from selling services or products. costs to generate the revenue and manipulate your enterprise.

An income announcement is a monetary assertion that indicates you the organization's income and costs. It additionally shows whether a agency is making income or loss for a given period. The income declaration, together with stability sheet and coins glide declaration, helps you understand the economic health of your commercial enterprise.

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When it comes to dividends, preferred investors often have a leg up on regular stockholders. Thus, the correct answer is dividends.

A dividend is a revenue payment made by a corporation to its shareholders. When a business makes a profit or has a surplus, it can distribute a portion of its profits to shareholders in the form of a dividend. Any monies that are not dispersed are reinvested in the company. Earnings for the current year, as well as retained profits from prior years, are available for distribution; a company is usually forbidden from paying a dividend out of its capital. If the corporation has a dividend reinvestment plan, the amount might be distributed to shareholders in cash, new shares, or current shares repurchased. In some situations, assets may be distributed.

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The concept mentioned is Marketing. The answer is outsourcing manufacturing.

Marketing as an activity includes creating, communicating, delivering, and exchanging offerings that have value for customers. Some marketing is done by cells on behalf of a company. Professionals who work in a pot's marketing and creation departments seek to get the attention of crucial implicit cults through advertising.

It helps businesses to raise brand mindfulness, induce business, increase profit, and make trust in their brand. It contains colorful strategies like dispatch and direct and digital marketing.

It includes the identification of a product, determining demand, deciding on its price, and opting for distribution channels. Outsourcing refers to a business practice of hiring a party outside the company to deliver services and produce products that have earlier been done in-house by its own workers.

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Employed with a fixed salary is more suitable because they have job security and a fixed amount of salary.

Employer-provided benefits, like as health insurance, 401(k) plans, sick days, and paid vacation time, are one of the main perks of full-time employment. These are all common benefits of staff positions, whereas independent contractors are left to fend for themselves in every way.

Contractors and freelancers work for themselves, whereas employees are employed by a firm. the quantity of customers. Contractors typically work with one customer at a time, whereas employees typically work for a single employer. Freelancers take on multiple clients at once.

Thus, Employed with a fixed salary is more suitable.

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Conversions on these channels, including natural and paid search, broadcast networks, webpage connections, and custom promotions, can be credited by multi-channel funnel statistics.

What is reporting over several channels?

These and other queries are answered by the Multi-Channel Funnels reports, which demonstrate that business promotional strategies (i.e., sources of website traffic) interact to produce revenue and conversions. As instance, many customers may make purchases on your website after looking up your company name.

What causation model is applied in the multi channel campaigns review?

A conversion path's final four most important interactions are only included in the statistics attribution model utilized in multi-channel funnel reporting, and it can reward straight visits with a purchase.

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Than do individual income taxes because local governments administer property taxes. Owners of real estate must pay property taxes that are computed by the municipal authority where the asset is situated.

Property tax is calculated based on the value of the property, which can be tangible personal property or real estate in various countries. The assessed taxes are used for water and sewer improvements. All property owners must yearly pay real estate tax, often known as real property tax (RPT). Real property taxes may be levied by LGUs and local governments across the nation under sections 197 to 283 of the Local Government Code.

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