Select the statement below that explains how to use the Income Summary account. Multiple choice question. The Income Summary account is credited during the adjusting process, as it is a contra asset account. The Income Summary account is used during the closing process to facilitate the closing of revenue and expense accounts. The Income Summary account is used during the closing process to facilitate the closing of all permanent accounts. The Income Summary account is debited for the sum of all revenue accounts during the closing process.

Answer:

revenue recognized is $21,176

Explanation:

The computation of the revenue recognized is shown below:

= received amount for 17 months × given months ÷ total number of months

= $36,000 × 10 months ÷ 17 months

= $21,176

The 10 month is calculated from March 1 to December 31

Hence,  revenue recognized is $21,176

These figures do not mean that the actual amount that the richest household spent on food is lower than the amount spent by the poorest household because according to Angel's law, the percentage of income allocated for food purchases decreases as a household's income rises, while the percentage spent on other things increases.

Income and expenditure theory explain fluctuations in the production of goods and services and spending.

Despite the fact that the poorest households are more susceptible to income and food price shocks, they also appear to spend more on non-essential food items, which is counterintuitive. Typically, being the poorest brings up notions of needing more food rather than more food options.

Therefore, These figures do not mean that the actual amount that the richest household spent on food is lower than the amount spent by the poorest household.

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Based on standard practice State Real Estate Commission is responsible for selecting the required yearly CE topics.

What is CE in Real Estate?

CE in Real Estate is a term that is used to describe the Continue Education that must be participated by the agents and brokers to retain and maintain real estate license.

To maintain the required yearly CE topics, the State Real Estate Commission set the standard, including the requirements, duration, and due dates.

Hence, in this case, it is concluded that the correct answer is "State Real Estate Commission."

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The statement "A personal loan is a secured loan" is NOT true.

A loan is a financial agreement between a borrower and a lender, where the borrower receives a certain amount of money from the lender and agrees to repay it with interest over a set period of time. The personal loan is generally a type of unsecured loan, which means that it is not secured by any collateral. On the other hand, a mortgage loan is a secured loan as it is secured by the property being purchased.

Therefore, loan terms are the information written into a loan agreement, such as the interest rate, payment period, and any fees or penalties associated with the loan.

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Answer:

I THINK IT IS A

Explanation:

you want to trust your customer claims because that is your your buisness is the customer so trust what they have to say

In the partnership, Olivia does not participate in, know about, or ratify, she would be liable for all of the obligations jointly and severally.

It should be noted that partnership simply means a business agreement between two or more people to achieve a common goal.

In this case, in the partnership, Olivia does not participate in, know about, or ratify, she would be liable for all of the obligations jointly and severally.

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The negative aspects of a market economy encompass monopolies, no government intervention, terrible working conditions, and unemployment.

There are some risks also related with a market system. Unsupervised management should end result in a loss of profit. Demerit items and serviced will be on hand to the consumers. Prices may want to expand accordingly causing demand to fall.

Monopoly power. Private possession of capital permits companies to achieve monopoly energy in product and labour markets.

Market economies have a tendency to produce inferior items and services. It harms the environment.

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The complete amount of  $597,500 will be eliminated because it is part of inter-company transactions.

Intercompany transactions are those transactions that take vicinity in between the entities in the institution of corporations that proportion a holding-subsidiary relationship.

As a company cannot recognize the sales that it has made to itself, hence such intercompany eliminations are made.

The types of intercompany removal consist of intercompany debt, intercompany inventory possession, and intercompany sales and expenses.

Therefore, The complete amount of $597,500 will be eliminated because it is part of inter-company transactions.

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Answer:

Abandoning the steady paycheck. ...

Sacrificing personal capital. ...

Relying on cash flow. ...

Estimating popular interest. ...

Trusting a key employee. ...

Betting on a crucial deadline. ...

Donating personal time (and health).

Anil cannot sell his bond for more than its current value of $1,259.26 if the market interest rate increases to 27 percent. Thus, option d is correct.

Total amount = $2,000

Interest rate = 17 percent = 0.17

Increased Interest rate = 27 percent = 0.27

Assuming that bond maturity (n) = 15 years

Annual interest payment  = Total amount * Interest rate

Annual interest payment = $2,000 x 0.17 = $340

We need to find the present value of the bond at the interest rate of 17%

PV = (Annual interest payment / Current interest rate) x (1 - 1 / (1 + Current interest rate)^n) + Face value / (1 + Current interest rate)^n

PV = \(($340 / 0.17) x (1 - 1 / (1 + 0.17)^15) + $2,000 / (1 + 0.17)^15\)

PV = ($1600) x (0) + $220

PV = $1,820.53

Anil's bond is currently worth $1,820.53 at a 17% interest rate.

We need to find the present value of the bond at the interest rate of 27%

PV =\(($340 / 0.27) x (1 - 1 / (1 + 0.27)^15) + $2,000 / (1 + 0.27)^15\)

PV = $1,320.05

Anil will get up to $1,320.05 on his new bond.

To calculate the difference in amount,

change in price = (New price - Current price) / Current price

Percentage change in price = \(($1,320.05 - $1,820.53) / $1,820.53 x 100%\)

Percentage change in price = -27.5%

The percentage change in price is negative, Anil cannot sell his bond for more than its current value of $1,259.26.

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After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of Perceptual Adaptation. Thus the correct option is A.

A perception is referred to as an opinion formed by an individual based on the situation that occurs in front of them. This perception is based on their understanding of what they see and interpret.

Perceptual adaptation emphasizes the body's ability to adjust to its environments by passing through disturbances. It can modify awareness in response to the data being received, improving coding effectiveness and improving classification at the modified level.

Therefore, option A is appropriate.

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The complete question is probably

A teacher used distortion goggles, which shifted the wearer's gaze 20 degrees, to demonstrate an altered perception. A student wearing the goggles initially bumped into numerous desks and chairs while walking around, but chose to wear the goggles for a half hour. After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of

answer choices

Perceptual Adaptation

Visual Interpretation

Sensory Restriction

Perceptual Constancy

Binocular Cues

To determine the appropriate amount of life insurance for a 35-year-old mother of three children, several factors should be considered, including her income, debts, future expenses, and financial goals.

When determining the amount of life insurance needed, it is essential to consider the specific circumstances of the individual. In this case, as a 35-year-old mother of three children, the primary objective of life insurance would be to provide financial security for the family in the event of the mother's death.

First, it is crucial to assess the mother's income and calculate how much would be needed to replace her contribution to the family's finances. This involves considering her salary, potential future earnings, and any additional sources of income.

Next, the mother's outstanding debts, such as mortgages, loans, and credit card balances, should be taken into account. Life insurance can help ensure that these debts are covered, preventing the family from facing financial hardship.

Future expenses should also be considered, including the children's education, childcare costs, and general living expenses. Estimating these expenses over time can help determine an appropriate coverage amount.

Additionally, the mother's financial goals and aspirations should be factored in. This could include providing for the children's future needs, such as college tuition or a down payment for a house.

By considering these factors, a comprehensive assessment of the mother's financial situation can be made, leading to a more accurate determination of the appropriate dollar amount of life insurance needed. It is advisable to consult with a financial advisor or insurance professional to ensure all relevant factors are considered and the best policy is selected.

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Answer:

how much

Explanation:

lol jk

Income is the money or financial gain that a person, business, or other entity receives. It symbolizes the movement of money or income made from a variety of sources, including work, investments, commercial activities, or any other type of economic activity.

The expression that does not reflect the income-splitting arrangement is d. 6:4.

In the given scenario, Sharon receives $216,600 and Stephanie receives $144,400 in a split of $361,000 net income. To determine which expression reflects the income-splitting arrangement, we need to compare the ratios of the amounts received by Sharon and Stephanie.

a. 3:2 - This ratio represents the split as three parts for Sharon and two parts for Stephanie, which is equivalent to 3/5 and 2/5.

b. 3/5&2/5 - This ratio represents the split as three-fifths (3/5) for Sharon and two-fifths (2/5) for Stephanie, which is the same as the ratio 3:2.

c. 2:1 - This ratio represents the split as two parts for Sharon and one part for Stephanie, which is equivalent to 2/3 and 1/3.

d. 6:4 - This ratio represents the split as six parts for Sharon and four parts for Stephanie. This ratio does not match the given income-splitting arrangement of $216,600 and $144,400.

Therefore, the expression that does not reflect the income-splitting arrangement is d. 6:4.

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Answer:

quaternary, because it involves research

Explanation:

The Age Discrimination in Employment Act of 1967 prohibits discrimination against employees aged

This refers to the government policy where there is the protection for people aged 40 and older from being discriminated and prevented employment.

With this in mind, we can see that this Act was enacted in 1967 in order to encourage the employment of older people who were previously rejected in favor for more younger people.

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Based on the question above, the correct answer goes thus:

The ADEA prohibits employment discrimination against persons 40 years of age or older.

In conclusion, we can conclude that the correct answer is 40

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At the least a channel of distribution firms consists of a producer and a customer. They are consumers when they use the products that have been produced, the products that have been produced, the products that have been produced.

Producer markets: To make a profit, producers purchase things and services, change them into marketable products, and then sell those products to customers. Farmers, factories, and construction firms are some examples of producers. A producer is in charge of discovering and starting a project, securing funding, employing writers, directors, and other important members of the creative team, and supervising every stage of pre-production, production, and post-production up to release.

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When it comes to managing inventory, a firm must take into consideration several costs that can affect its profitability. These costs include purchasing costs, inventory carrying costs, and the costs incurred by overruns, stockouts, obsolete inventory, distribution, and customer returns.

Purchasing costs refer to the expenses incurred by the company when they acquire the products they need to sell. This can include the cost of raw materials, labor, and transportation fees. It's important for the firm to keep track of these costs to ensure that they are not overspending on their inventory. Inventory carrying costs are the expenses that the company incurs to keep its inventory in stock. This can include the cost of storage, insurance, and depreciation. These costs can add up quickly, especially if the inventory is not selling as quickly as expected. Overruns refer to situations where the company produces more products than they can sell. This can be due to overestimating demand or miscalculating production capacity. Overruns can result in additional inventory carrying costs and the need for additional storage space. Stockouts occur when the company runs out of stock of a particular product. This can lead to lost sales and dissatisfied customers. It's important for the firm to keep track of its inventory levels to ensure that they are able to meet customer demand.

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Answer:

yes

Explanation:

As a high schooler in dual enrollment you have the opportunity to take college level courses which will help when you are looking for a college.

Answer:

Partnership Deed

Explanation:

A Partnership Agreement is a contract between two or more business partners. The partners use the agreement to outline their rights responsibilities, and profit and loss distribution. The agreement also sets the general partnership rules, like withdrawals, capital contributions, and financial reporting.

Answer:

Number 1 is Pure Market. Number two is socialist, I'm pretty sure.

Explanation:

Please mark me brainliest if someone else answers :>

Predictive validation provides better information than concurrent validation because it assesses how well a selection procedure predicts future job performance. However, predictive validation is more difficult because it requires a longer period of time to collect data.

Concurrent validation, on the other hand, assesses how well a selection procedure predicts current job performance. This means that predictive validation is more useful for making hiring decisions, as it provides information about how a candidate is likely to perform in the future.

In order to conduct predictive validation, a company must first hire employees using a selection procedure, and then wait for a period of time to assess their job performance. This can be time-consuming and costly, which is why many companies choose to use concurrent validation instead.

Overall, while predictive validation provides better information for making hiring decisions, it is more difficult and time-consuming to conduct than concurrent validation.

Predictive validation: A type of validation that assesses how well a selection procedure predicts future job performance.
Concurrent validation: A type of validation that assesses how well a selection procedure predicts current job performance.

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Before turning around on a two-way street, it is important to ensure that it is legal and safe to do so. In general, it is recommended to avoid turning around on busy streets or in areas with restricted visibility.

To manage the risk involved in turning around on a two-way street, there are a few things you can do. Firstly, check your surroundings carefully for any pedestrians, other vehicles or obstacles that could cause a hazard. Secondly, use your signals to indicate your intentions to other drivers, and make sure to leave enough space for other vehicles to pass safely. Finally, be aware of your speed and take it slow to avoid losing control of your vehicle. It is also worth noting that some cities and towns may have specific laws or regulations regarding U-turns or turning around on two-way streets, so be sure to check with local authorities before attempting to do so.
Overall, the key to managing the risk of turning around on a two-way street is to be cautious, aware of your surroundings, and follow all traffic rules and regulations. By doing so, you can safely and effectively turn around on a two-way street when necessary.

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Answer: Your previous place of work or employment. A specific instance where you showed initiative. How your initiative impacted yourself or the company.

Explanation:

Answer:

(D) all of these

Explanation:

Employers offer attractive benefits to attract and retain the best talents in the industry.  Employee benefits are offered over and above wages and salaries. They are also called fringe benefits or perks and include Medical insurance coverage, bonuses, overtime, and retirement benefits.

Employees are encouraged to compare the different benefits that employers offer before accepting a Job. Benefits are not standardized and may be costly to employers. Employees should analyze them carefully to select the employer providing the best.

Answer:

$52.50

Explanation:

The formula for simple interest is

I= p x r x t, where

I = interest,

p= principal ; $525

r = interest rate ; 20% or 0.2

t =time in years: 180 days, in years = 180/360 = 0.5 years

I = $525 x 0.2 x 0.5

I =$105 x 0.5

i =$ 52.5

Interest = $52.50

Answer: environmental friendly refrigerators prestigious , engineering agency

Explanation: Separated by Commas .

The type of the card is  a Retail Credit card. Hence the option (D) is the correct one.

For retail credit cards, an image You can potentially obtain benefits at some retail establishments if you have a retail store credit card.

Decide if you want a card that restricts the retailers with which you may earn rewards or one that enables you to earn rewards for regular purchases. Benefits could consist of privileged access to funding, exclusive deals, discounts, and awards.

For instance, paying in whole for a motorcycle costing $10,000 would be excessive for a buyer.

Consumer will receive a $10,000 loan from retail credit institutions, which will be repaid with interest over a period of time in the form of monthly installments.

Hence the correct option is  (D).

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