The company owes interest of $860 on a bank loan. The interest will be paid when the loan is repaid on September 30, 2019. No interest has been recorded. On September 1, 2018, Jordan collected six months’ rent of $7,200 on storage space. At that date, Jordan debited Cash and credited Deferred Revenue for $7,200. The company earned service revenue of $4,100 on a special job that was completed December 29, 2018. Collection will be made during January 2019. No entry has been recorded. On November 1, 2018, Jordan paid a one-year premium for property insurance of $5,160, for coverage starting on that date. Cash was credited and Prepaid Insurance was debited for this amount. At December 31, 2018, wages earned by employees but not yet paid totaled $1,900. The employees will be paid on the next payroll date, January 15, 2019. Depreciation of $1,800 must be recognized on a service truck purchased this year. The income after all adjustments other than income taxes was $38,000. The company's income tax rate is 20%. Compute and record income tax expense.
Answers: 1
Business, 22.06.2019 17:50
The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?
Answers: 1
Business, 22.06.2019 18:30
Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.
Answers: 3
Business, 22.06.2019 18:50
Dominic is the founder of an innovative "impromptu catering" business that provides elegant, healthy party food and decorations on less than 24 hours' notice. the company has grown by over 150 percent in the past year. dominic credits some of the company's success to studying the strategies of prominent social entrepreneurs, such as wikipedia's jimmy wales. what can dominic do to exemplify the social entrepreneurship model?
Answers: 2
Business, 22.06.2019 23:00
Consider a consumer who is contemplating a new automobile purchase. she has narrowed her decision down to two brands, honda accord and ford taurus. she has identified gas mileage, price, warranty, and styling to be important attributes to consider in her decision
Answers: 1
The company owes interest of $860 on a bank loan. The interest will be paid when the loan is repaid...
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