make t-accounts for the following accounts that appear in the general ledger of dave jennings, an attorney: cash; accounts receivable; office equipment; legal database subscription; accounts payable; common stock; dividends; legal fees earned; salaries expense; rent expense; and utilities expense. using the accounting equation, record each of the transactions in a columnar format. prepare journal entries and record the following october transactions in the t-accounts and key all entries with the number identifying the transaction. determine the balance in each account and prepare a trial balance sheet as of october 31. 1 jennings started his law practice by contributing $21,500 cash to the business on october 1, receiving shares of common stock in the company. 2 purchased office equipment on account, $11,400. 3 paid office rent for october, $1,100. 4 paid $9,750 to access online legal database for two years. 5 billed clients for services rendered, $14,000. 6 made $6,000 payment on account for the equipment purchased on october 2. 7 paid legal assistant's salary, $2,800. 8 collected $7,500 from clients previously billed for services. 9 received invoice for october utilities, $190; it will be paid in november. 10 paid stockholders $1,500 as a cash dividend.

Answers

Answer 1

A T-Account is a graphic representation of a general ledger account's journal entries.

How should a T-account be written in a diary notebook?A T-Account is a graphic representation of a general ledger account's journal entries. The debits are visually represented on the left side of the T, while the credits are shown on the right. With the help of this technology, accountants and bookkeepers may quickly track account balances and identify mistakes in journal entries.On October 1, jennings invested $21,500 in cash to launch his legal firm in exchange for shares of the company's common stock. 2 spent $11,400 on office supplies on account. 3 paid $1,100 in office rent during October. 4 spent $9,750 for two years of access to an online legal database. 5 consumers were charged $4,000 for services provided. 6 made a $6,000 account payment.

To learn more about  t-accounts  refer to:

https://brainly.com/question/28390354

#SPJ4


Related Questions

in july 2020, as the first wave of the coronavirus pandemic receded, danny meyer, founder and ceo of the union square hospitality group (ushg), made plans to reopen his restaurants for outdoor dining. ushg operated 19 upscale eateries in new york city and washington dc.

Answers

The Tipping Point for the Union Square Hospitality Group The initial wave of the coronavirus pandemic passed in July 2020 as Danny Meyer, the CEO of the Union Square Hotel, watched.

What would you say the hospitality is?

The word hospitality, which connotes welcoming guests or offering a home away from home, is derived from the Latin word "hospes," which also means visitor or stranger.

To guests or people they have just met, a person who is hospitable is courteous, generous, and welcoming. The locals are warm and hospitable.

Hospitality skills are the aptitudes that allow those working in the business to carry out tasks successfully and excel in their careers.

Know more about  pandemic Visit:

https://brainly.com/question/15298434

#SPJ4

-To achieve its marketing objectives, an organization must develop a marketing strategy, which includes identifying a target market and developing a plan of action for developing, distributing, promoting, and pricing products that meet the needs of customers in the target market.
-A marketing strategy is the selection of a target market and the creation of a marketing mix that will satisfy the needs of target market members.
-Marketing strategies, the most detailed and specific of the three levels of strategy, are composed of two elements: selecting a target market and the creation of a marketing mix that will satisfy the needs of the of the target market members; the selection of the target market serves as the basis for the creation of the marketing mix to satisfy the needs of that market. Marketing mix decisions should also be consistent with business-unit and corporate strategies and be flexible enough to respond to changes in market conditions, competition, and customer needs. Different elements of the marketing mix can be changed to accommodate different marketing strategies
a. Selecting the Target Market
(1) Selecting a target market is the most important decision a company makes in the strategic planning process.
(2) Identification and analysis of a target market provide a foundation on which a marketing mix can be developed.
(3) When exploring possible target markets, marketing managers try to evaluate how entering them would affect the company's sales, costs, and profits.
(4) Marketers should also assess whether the company has the resources to develop the right marketing mix to meet the needs of a particular target market. The size and number of competitors is also a concern.

Answers

In terms of strategic success, selecting a suitable target market could be the most significant choice a business takes during the strategic planning process.

Why is market targeting important?With the use of target marketing, business owners may reach out to specific groups of people and provide them with the greatest services and goods. Situation (SWOT) evaluation, market-product focus or goal setting, and marketing program are the 3 phases of the planning phase.The marketing mix is composed of people, place (distribution), product, pricing, and promotion.A corporation may be able to expand its market share and, consequently, its income and profits if it executes an effective marketing strategy.Another strategic method for assessing the viability of your marketing mix is to survey your target market.

To know more about marketing mix, visit:

https://brainly.com/question/859394

#SPJ4

the following information applies to the questions displayed below.] pastina company sells various types of pasta to grocery chains as private label brands. the company's reporting year-end is december 31. the unadjusted trial balance as of december 31, 2024, appears below. account title debits credits cash $ 35,200 accounts receivable 42,800 supplies 2,900 inventory 62,800 notes receivable 22,800 interest receivable 0 prepaid rent 2,400 prepaid insurance 8,800 office equipment 91,200 accumulated depreciation $ 34,200 accounts payable 33,800 salaries payable 0 notes payable 52,800 interest payable 0 deferred sales revenue 3,400 common stock 79,600 retained earnings 35,500 dividends 6,800 sales revenue 160,000 interest revenue 0 cost of goods sold 84,000 salaries expense 20,300 rent expense 12,400 depreciation expense 0 interest expense 0 supplies expense 2,500 insurance expense 0 advertising expense 4,400 totals $ 399,300 $ 399,300 information necessary to prepare the year-end adjusting entries appears below. 1. depreciation on the office equipment for the year is $11,400. 2. employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 16th through the end of the month. salaries earned from december 16 through december 31, 2024, were $1,450. 3. on october 1, 2024, pastina borrowed $52,800 from a local bank and signed a note. the note requires interest to be paid annually on september 30 at 12%. the principal is due in 10 years. 4. on march 1, 2024, the company lent a supplier $22,800, and a note was signed requiring principal and interest at 8% to be paid on february 28, 2025. 5. on april 1, 2024, the company paid an insurance company $8,800 for a one-year fire insurance policy. the entire $8,800 was debited to prepaid insurance at the time of the payment. 6. $890 of supplies remained on hand on december 31, 2024. the company received $3,400 from a customer in december for 1,450 pounds of spaghetti to be delivered in january 2025. pastina credited deferred sales revenue at the time cash was received. 7. on december 1, 2024, $2,400 rent was paid to the owner of the building. the payment represented rent for december 2024 and january 2025 at $1,200 per month. the entire amount was debited to prepaid rent at the time of the payment.

Answers

To track office equipment depreciation for the year: Debit: Cost of depreciation: $11,400 Credit: $11,400 in accumulated depreciation To document the wages received between December 16 .

and December 31, 2024: Debit: Expense for Salaries $1,450 Credit: $1,450 in Payable Salaries To note the bank loan's yearly interest: Debit: $6,336 in interest expenses Credit: $6,336 in Interest Due To reflect the note receivable's yearly interest: Debit: $1,824 in interest incomeCredit: $1,824 in Interest  Due To document the utilization of the paid insurance: Debit: $2,133 in insurance costs Credit: $2,133 in Prepaid Insurance To keep track of the supplies' usage: Debit: $890 in supplies costs Credit: $890 in supplies To document how the rent deposit was used: Debit: Rental Charges $1,200 Credit: $1,200 in Prepaid Rent In order to reflect the deferred revenue .

learn more about interest  here:

https://brainly.com/question/29480777

#SPJ4

suppose that before you began your college application process, you were offered a job to work as a floor-trainer at a local fitness center, accompanied by a yearly salary of $30,000 (after taxes). assume however that you decided to turn down this offer and instead attend a year of college. the total monetary cost of the year of college, including tuition, fees, and room and board expenses, is $42,000. You decide to go to college, probably because ?

Answers

You decide to go to college, probably because you value a year of college at more than $ 72,000.

What is the monetary cost?

In economics, the term "cost" refers to the total amount spent making a product. Cost is the sum of both explicit and implicit costs in economics. Explicit Cost: An explicit cost is the actual amount spent on inputs or the amount paid to third parties for using their factor services.

Why is the unit of money important?

Business transactions should only be recorded if they can be expressed in terms of a currency, according to the monetary unit principle. To put it another way, a company's financial records should not include anything that cannot be measured. In accounting, money has become the standard unit of measurement over time.

Learn more about monetary cost:

brainly.com/question/14754181

#SPJ4

Nuru Meda Golf and Driving Range plc was opened on March 1 by Nuru. The
following selected events and transactions occurred during March.
Mar. 1 Invested Br.120,000 cash in the business in exchange for ordinary
shares.
3 Purchased Mechare Meda’s Golf Land for Br. 76,000 cash. The price
consists of land Br. 20,000, building Br. 44,000, and equipment Br.
12,000. (Make one compound entry.)
5 Advertised the opening of the driving range and miniature golf course,
paying advertising expenses of Br. 3,200.
6 Paid cash Br. 2,480 for a 1-year insurance policy.
10 Purchased golf equipment for Br.5,000 from Young Company, payable in
30 days.
18 Received golf fees of Br.2,400 in cash.
25 Declared and paid a Br.2,000 cash dividend.
30 Paid salaries and wages of Br.1,800.
30 Paid Young Company in full.
31 Received Br. 1,500 of fees in cash.
Snyder uses the following accounts: Cash, Prepaid Insurance, Land, Buildings,
Equipment, Accounts Payable, Share Capital—Ordinary, Dividends, Service
Revenue, Advertising Expense, and Salaries and Wages Expense.
Instructions

Answers

Journalizing the March transactions of Nuru Meda Golf and Driving Range Plc is as follows: March 1 Debit Cash Br. 120,000. Credit Share Capital—Ordinary Br. 120,000.

What are transactions?

An executed contract between a buyer and a seller to trade goods, services, or financial assets in exchange for money is known as a transaction.

The phrase is also frequently used in business accounting. This straightforward definition might be challenging in corporate bookkeeping.

In the world of accounting, transactions can be more complicated because corporations may strike an agreement today that won't be settled until some future time.

They may also have known but unpaid income or expenses. Transactions with third parties may also make things more difficult. Depending on whether a corporation utilizes accrual accounting or cash accounting, it may record a transaction sooner or later.

Learn more about transactions, here

https://brainly.com/question/24730931

#SPJ1

All else being equal, if European firms switch from U.S. produced software to software produced in India, the equilibrium value of the U.S. dollar will:
Multiple Choice
O rise.
O fall.
O become fixed.
O either rise or fall depending on whether the supply or demand for dollars changes more.

Answers

The correct response is b. fall. With all else being equal, the equilibrium value of the US dollar will be as follows if European businesses transfer from software created in the US to software produced in India: fall.

If you enjoy action movies or science fiction, Equilibrium will not let you down. It does everything it does really well. A turbocharged form of intellectual entertainment, Equilibrium combines style and substance. The inner ear's vestibular system, a sensory organ, aids in the body's ability to maintain balance while standing or sitting. In order to coordinate the position of the head with the movement of the eyes, the vestibular system's input is also crucial. The following are examples of equilibrium: an open book on a table. A vehicle travelling at a fixed speed. A chemical reaction where the forward and backward reactions occur at the same speeds.

Learn more about equilibrium here

https://brainly.com/question/19340344

#SPJ4

If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant

Answers

A collection of goods and services are subject to inflation when their cost has increased over a predetermined time period, often a year. Prices are rising due to inflation.

What's causing inflation 2022?

The amount that a collection of products and services have increased in price during a specific time period, typically a year, is measured by inflation. Prices are increasing due to inflation. Inflation increased further in 2022 as a result of higher energy costs, hitting 9.1%, the highest level since 1981. The Federal Reserve raised interest rates for the third time in a year in July 2022, but inflation remained strong and outpaced wage and expenditure increases.

Know more about predetermined visit:

https://brainly.com/question/16940043?

#SPJ4

Johnson Co. holds trading securities. Johnson should report these investments on the balance sheet at________value.

Answers

Johnson & Johnson owns trading securities. Johnson should record these interests at fair value on the balance sheet.

What Is the Purpose of a Balance Sheet?

A balance sheet describes a company's financial situation at a certain point in time. In contrast to an income statement, which presents financial information over time, a balance sheet is used to gauge a company's health on a given day.

A bank statement is frequently used by people outside of a firm to assess the health of the company. Financial ratios are calculated by banks, lenders, and other organizations based on balance sheet balances to determine how much risk a company bears, how liquid its assets are, and how likely the firm will remain solvent.

To learn more about the balance sheet, click

https://brainly.com/question/26323001

#SPJ4

2-a. in factory overhead t-account, enter amounts from part 1 related to factory overhead. determine the amount of over- or underapplied overhead. 2-b. prepare the entry to close any over- or underapplied overhead to cost of goods sold

Answers

Debit the work-in-process inventory account in a journal entry in your accounting records by the balance of the factory overhead account at the end of the period.

How do you keep track of industrial overheads?

Underapplied overhead is often represented on a company’s balance sheet as a prepaid expenditure and is balanced by inserting a debit to the cost of goods sold (COGS) section before the end of the year. Costs of goods sold are the direct costs connected with a company’s production of items sold.

Deduct the balance of the manufacturing overhead account from the work-in-process inventory account in a journal entry in your accounting records at the conclusion of the month. The manufacturing overhead balance is now transferred to the work-in-process account. To summarize, the Factory Overhead account is not common. It is not an asset, liability, cost, or any other financial statement feature.

To learn more about Underapplied overhead to refer:

https://brainly.com/question/30325154

#SPJ4

the supply curve for manufactured goods is usually more elastic than for raw materials because production of manufactured goods can often be:

Answers

Because manufacturing can frequently be increased at the same cost per unit by expanding the number of factories, the supply curve for manufactured commodities is typically more elastic than that for raw materials.

The reason why supply curves become more elastic over time is unclear.

There is still time for sellers to make adjustments and boost output. The time is there for consumers to explore for alternatives to the good.

Which supply curve is most elastic?

An infinite price elasticity of supply characterizes a horizontal supply curve, as shown in Panel (b) of "Supply Curves and Their Price Elasticities. A horizontal supply curve is entirely elastic. It indicates that vendors are ready to provide any volume at a specific cost.

To Know more about manufacturing

https://brainly.com/question/14275016

#SPJ1

If the federal government decreases its expenditures on goods and services by $10 billion and decreases taxes on personal incomes by $10 billion, which of the following will occur in the short run?
A) The federal budget deficit will increase by $10 billion
B) The federal budget deficit will decrease by $10 billion
C) Aggregate income will remain the same
D) Aggregate income will increase by up to $10 billion
E) Aggregate income will decrease by up to $10 billion

Answers

Aggregate income will increase by up to $10 billion will occur in the short run. The overall money made by people and businesses in the economy is known as aggregate income. Thus, option D is correct.

The adjustments for taxes and inflation are not included in aggregate income. Aggregate income indicates how much money people and firms really make, whereas aggregate production represents all the products and services generated in an economy. Although none of these two ideas are exactly suited to GDP, it performs an excellent job of approaching both.

Conceptually, this makes sense because aggregate production and aggregate income each define the economic engine that creates wealth. The first, aggregate production, explains the issue from the perspective of productivity, while the second, aggregate income, approaches the issue from the perspective of income.

Therefore, option D is the ideal selection.

Learn more about aggregate income here:

https://brainly.com/question/33714752

#SPJ12

seattle-based theo chocolate makes organic and fair trade chocolate bars. its management team includes ceo etienne patout. suppose patout were considering whether theo chocolate should branch out and start selling other items in addition to its chocolates, such as locally made baked goods. this is a strategic decision. to make this decision, patout would have to take which of the following actions? check all that apply.

Answers

In enterprise-wide strategy, leaders analyze the impact of their decisions and the decisions they make.

What is mean by Business- Level Strategy and Corporate- Level Strategy?

Business-level strategy is a plan of action designed to achieve a competitive advantage in the marketplace. It focuses on a single product or market segment, and is typically implemented by a specific business unit (e.g. a product line, a store, or a division). The goal of business-level strategy is to create and sustain a competitive advantage over its rivals. Corporate-level strategy focuses on the overall direction of the entire organization. It includes decisions about diversification, resource allocation, and investments in new products and services, as well as decisions about the organization's corporate structure and culture. The goal of corporate-level strategy is to maximize the company's long-term value and profitability. The statements that apply to make decision: Determine what kinds of industries Theo Chocolate should be in. Identify the profitability profile for different types of products. Evaluate the resources the company has available to allocate between the chocolate industry and the baked goods industry.

It focuses more on growth and profit, i.e. in the long term, while the strategy at company level is more market oriented, here the company itself analyzes the environment and makes decisions to be competitive in the market.

To learn more about Corporate-level strategy refer to:

https://brainly.com/question/28284743

#SPJ4

Complete question

seattie-based Theo Chocolate makes organic and Fair Trade chocolate bars. Its management team includes CEO Etienne Patout. Suppose Patout were considering whether Theo Chocolate should branch out and start selling other iterns in addition to its chocolates, such as locally made baked goods. This is a strategic decision. To make this decision, Patout would have to take which of the following actions? Check all that apply. Determine what kinds of Industries Theo Chocolate should be in. Choose whether to adopt a low-cost, differentiation, or focus structure for the new industry. Identify the profitablity profle for different types of products. Evaluate the resources the company has avallable to allocate between the chocolate industry and the baked goods industry. ZombieSmith manufactures ganvine miniatures. Its highly specialized products and targeted customer base indicate that Zombiesmith is using a(n) to goin a competitive advantage. technque used by Proctor 5 Gamble is meant to minimize risk by selling a large number of diverse prođucti. inexpenslvely, whth many ikems made from neiovatwe fabrics. Sorne aspects of UNIQtOs strategy appeac to be in line with Porter's diffecentiation strategy. While others are more aligned with overali cast leaberthig. If ureichoo becided to gitect its matketing towerd people between the ages of 16 and 30 , it would be wsing แाтstegy. Wonsider the four types of strategies in the Miles and Snow Typolagy and then choose the best answer: During the first 10 months of 2014, spending-per-customer dedined at UNIQLO's stores in Japan, As a result, beginning in October 2014, top management changed the focus of the company's marketing. Instead of emphasizing low prices, the company began highilighting its use of highqualty materials to restimulate interest in its current dothing lines, and it continued to look at aggressively expanding the number stores in various countries. Which type of strategy was UNIQLO using? Reactor Analyzer Prospector Defender Given that UNIQLO is in the growth stage, with demand high and little competitian, which of the following would be appropriate activities to include in the company's short-term plan? Examine data from the 17 existing U.S. soeses to understand the shopping habote of UNIQLO' U.S. customers Advertise on a local radio station Pewearch whether supplies whe be sufticent to provide necessacy inquts to the manufacturing planta Mesestch demograptik projections tor U 5 . consurners and their shopping habits

people use a computer connected to the internet to manage financial accounts. readers develop and refine news reports by commenting on them and posting contributions. consumers read product descriptions and reviews and compare features and prices of similar products. students connect to instructors, information, and other students using a computer and the internet. listeners can create a personal radio station by listening to songs and then voting for the ones they like or dislike.

Answers

People use a computer connected to the internet to manage financial accounts. readers develop and refine news reports by commenting on them and posting contributions. This all work through online banking.

What is meant by financial accounts?

A financial account, especially one that deals with financial assets, is a part of a nation's balance of payments that covers claims on or obligations to nonresidents in macroeconomics. Direct investment, portfolio investment, and sector-specific reserve assets are among the elements of a financial account.

Claims made by nonresidents on the financial assets of residents are classified as liabilities in a country's balance of payments, whereas claims made by residents against nonresidents are classified as assets.

A country is considered to have a developing economy if it has a low human development index, limited economic growth, a low per capita income, and a preference for agricultural pursuits over industrialization and entrepreneurship. Therefore, a nation or economy that is still growing may also be referred to as being underdeveloped.

To study more about financial account,

https://brainly.com/question/20381852

#SPJ4

Some people describe a cover as being the exact same thing as an elevator conversation. Explain what is meant by an elevator conversation and how it is the same as a cover letter. Do you agree or disagree with this comparison? Please explain your answer.

Answers

An elevator conversation is a term used to describe brief succinct summary of yourself and your qualifications when your are introducing yourself to someone. It is similar to a cover latter in the sense that it quickly summarizes your unique abilities, qualifications skills in order to make a positive impression however, unlike a cover letter, an elevator conversation is intended to be spontaneous and concise way to introduce yourself. It should be short, memorable and engaging, whereas a cover letter should be more detailed and comprehensive. Thus while the elevator conversation cover letter may share some similarities, they serve different functions and should be approached differently.

To learn more

https://brainly.com/question/30376852

When introducing oneself to someone, a concise, crisp description of your background and experience is known as a "elevator conversation." It is comparable to a cover letter in that it summarizes your special talents, education, and experience in order to make a good impression. An elevator chat, however, is meant to be a casual and succinct method to introduce yourself, unlike a cover letter. In contrast to a cover letter, which should be more in-depth and comprehensive, it should be succinct, memorable, and engaging. The lift discussion cover letter may therefore have some similarities, but they serve different purposes and demand different approaches.

What is elevator conversation?

An idea for a project, service, or product is briefly presented in a speech known as a "elevator pitch." The term "elevator speech" refers to the idea that the speech should be delivered in the brief time of an elevator trip. A decent general guideline is that a lift pitch should last no more than 60 seconds and no more than 30 seconds.

An entrepreneur's attempt to persuade a venture capitalist that a business idea is worthwhile investing in is known as an elevator pitch in the financial sector. In most cases, a compelling elevator pitch is sufficient to pique an investor's interest and prepare the ground for a follow-up meeting. The entrepreneur will give the investor a more detailed presentation during this meeting.

Learn more about elevator conversation here:

https://brainly.com/question/29433341

#SPJ2

which of these alternatives is the best choice for the denominator of the overhead rate for anagene? group of answer choices projected production volume average prior production volume practical capacity of the entire production process practical capacity of each step in the production process

Answers

The concept is the Expected Capacity, which is a short-run level based on demand, and; it minimizes under or overapplied overhead An answer is an option, B.

If the actual product differs from the specified capacity, there is a quantity deviation. This difference corresponds to the over- or under-application of the increase. Expected volume is expected for the period.

So using the expected capacity as the denominator you should get the result with the expected minimum overload or underload. Forecast capacity includes the latest data and information about new levels of demand performance.

To an extent, the intended ability is a newer, updated version of the normal ability.

The question should be:

The overhead denominator can be based on one of several characteristics. What are the results of the lowest projected overhead or underspending?

A. Theoretical capacity.

B. Expected capacity.

C. Normal capacity.

D. Practical capacity.

To know more about Expected capacity,

brainly.com/question/26678693

#SPJ4

hayim accardi is the accounting manager for a small, local firm with full- and part-time staff. how do flsa guidelines regarding working hours apply to hayim's employees? note: you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.

Answers

Minimum wage considerations for both salaried and hourly workers-checked

Whether the company is required to abide by the FLSA (no interstate commerce)-checked

Maximum hours-checked

Minimum age- checked

Pay rates-checked

Mandatory break periods-checked

What is a wage?

Wages are sums of money paid to an employee by their employer for labor done over a certain period of time.

Minimum wages, relevant wages, compensating payments like annual bonuses, and compensatory payments like gifts and gratuities are a few examples of wage payments.

The amount of hours worked affects an individual's income, which is determined by the hourly rate.

While wages are given to unskilled and semi-skilled labor, salaries are typically connected with skilled labor.

denotes an hourly, daily, weekly, or biweekly payment for services given. "A wage is the amount contractually paid by an employer to an employee for services rendered."

To learn more about wage  from the given link :

brainly.com/question/13847060

#SPJ4

of the following, the country with the highest average income per day in the world is group of answer choices france. china. germany. the united states. japan.

Answers

The United States has the highest average income per day compared to China, Germany, and Japan.

Gross national income and population are used to compute average income. We can calculate the average income per capita by dividing all annual incomes and profits by the country's population. This number includes all salaries and wages, as well as other unearned income from  capital gains or investments.

The following are the countries with  the highest monthly income.

Rank Country Average Monthly Net Salary (US$)

1    Switzerland        6142.1

2    Singapore         4350.79

3    Australia         4218.89

4    United States 3721.64

5    UAE                3663.27

6    Norway         3457.69

7    Canada         3338.62

Since average income per day can be computed from monthly income, then the list also represents the countries with the highest income per day.

Therefore, among China, Germany, the U.S, and Japan, the United States is the highest one.

Learn more about income here:

https://brainly.com/question/26663035

#SPJ4

jamal is a customer service representative at a local credit union. he has been handling customer deposits and disbursements. recently, his supervisor changed jamal's responsibilities so that he can now sell certificates of deposit, assist customers with completing loan applications, and even approve small, short-term loans. this is an example of job

Answers

Job enrichment seeks to improve responsibility, significance, and awareness of the results of a task in order to make employment more motivating.

What is meant by Job enrichment?

A strategy of employee motivation known as work enrichment involves creating a job that includes fascinating and difficult activities that may call for more skill and/or higher remuneration.

Job enrichment aims to broaden the range of activities that each employee completes, provide them the flexibility to complete jobs in new ways, and eventually give them more influence over their work. As a result, work becomes more interesting and inspires workers to produce their best work.

The process of adding motivators to current responsibilities in order to boost employee productivity and satisfaction is known as job enrichment. Increasing autonomy, varying skill sets and tasks, giving feedback, and other methods can all help with this.

By boosting responsibility, meaning, and awareness of the outcomes of a task, job enrichment aims to make employment more motivating. As a result, enriched employment has a high potential for motivation.

To learn more about Job enrichment refer to:

https://brainly.com/question/17985756

#SPJ4

All of the following are reasons for preparing a flexible budget with multiple cost drivers EXCEPT multiple cost drivers can lead to more accurate variances cost formulas are likely to be more accurate an expense may be expected to vary for more than one reason it eliminates the need for performing variance analysis

Answers

All of the following are reasons for preparing a flexible budget with multiple cost drivers EXCEPT it eliminates the need for performing variance analysis

Flexible budgets can be adjusted to reflect variations in income and spending during the fiscal year while taking into account anticipated unpredictability. By accounting for various levels of activity or production, a flexible budget with diverse cost drivers enables a more precise analysis of deviations.

Additionally, it makes it possible to pinpoint specific areas where expenses might be greater or lower than anticipated, which can assist management in implementing corrective measures. However, it does not negate the necessity for variance analysis, a particular method of contrasting actual outcomes with budgeted or planned amounts in order to pinpoint the causes of deviations and assess performance.

Read more about the flexible budget on:

https://brainly.com/question/25353134

#SPJ4

The cultural norms of Japan promote ______.A) competition between employeesB) unionizationC) competency-based payD) loyalty and teamwork

Answers

The cultural norms of Japan promote D) loyalty and teamwork. It is because teamwork will get a better team performance and goals.

Teamwork generally can be defined as the collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way. Based on the opinion of Ancona & Caldwell, 1992, Team performance generally can be described as the extent to which a team is able to meet its output goals (e.g., quality, functionality, and reliability of outputs), the expectations of its members, or its cost and time objectives. There are several aspect that can be determined to see the successful of team performance, there are communication, Reliability and commitment, Flexibility, Innovation and diversity, Leadership, Organized, Fun and appreciation.

Here you can learn more about team performance brainly.com/question/13718327

#SPJ4

In late 2022, P&S Corp sells product to a client who, instead of paying cash, signs a non-interest-bearing note promising to pay in three years. This amount is based on a 6% interest rate, resulting in the present value of the note being $150,000. How much sales revenue will be recorded for this sale in 2022?

Answers

Zero interest bearing notes are debt obligations that have been issued by a company but have no dividend yield associated with them.

What is a non-interest-bearing note ?

The issuing corporation is not compelled to continue paying interest to investors after the issuance of such securities. These are also referred to as zero-coupon bonds.

Because they are not subject to periodic interest, the corporation issues zero interest bearing notes at a significant discount to their face value. These securities also have a fixed maturity length. Every time the notes mature, the company is required to give the investors their full face value back.

Hence the amount of sale will be recognized

= $150000/1.06^(4)

= $ 1,18,841

Learn more about a non-interest-bearing note here

https://brainly.com/question/28813025

#SPJ1

2) Suppose that you are a new manager in a Flight 001 store. Which of the following actions could you take to empower your employees? Check all that apply.

(A) Let employees decide how they will do their work and accomplish their goals.

(B) Give employees bonuses when the company achieves annual performance goals

(C) Give employees regular raises, based on seniority

(D) Give employees regular updates about the productivity of the company.

Answers

Provide frequent updates to employees on the level of productivity at the company. Employees are more likely to be aware of this information if they feel like they are contributing to the expansion of the business.

What metrics does a corporation use to assess productivity?

Measures of output per worker or output per worker per hour are two examples of productivity that are frequently used. By counting or valuing the finished goods each employee produces in a certain period of time, a manufacturing organisation can assess productivity.

Why is a company's productivity good?

A growing economy can create and consume more products and services for the same amount of labour thanks to increases in productivity.

To know more about company's productivity visit:

https://brainly.com/question/12095556

#SPJ4

identify the techniques customer driven marketing for bakery business

Answers

Answer:

You could believe that starting a business in baking is the most difficult part. Yes, it requires a lot of work, and you could have a few anxious or restless nights. However, once your bakery is operational, staying ahead of the competition will take precedence. Additionally, you want to become a destination for those looking for delectable pastries rather than just trying to stay afloat.

In the bread industry, you want to turn a profit as an entrepreneur. You will need to manage your finances, reports, and inventories carefully in order to accomplish this, but there is one aspect of the business that is sometimes overlooked: marketing.

Build a solid marketing and sales plan for your bakery no matter what goods your company specialises in, such as croissants, donuts, buns, bread, nutritious gluten-free pastries, small pastries, and so on. Otherwise, expanding the consumer base, boosting bakery sales, and raising brand recognition would be difficult.

to know more about marketing, see

https://brainly.com/question/25369230

a public company has a book value of $128 million. they have 20 million shares outstanding, with a market price of $4 per share. which of the following statements is true regarding this company?

Answers

The firm's market value is 20 million shares*$4 per share, which is 80 million, but its book value is 128 million, so the answer is that investors believe the company's assets are unlikely to be profitable because its market value is less than its book value.

The book value is $128,000,000.

The number of outstanding shares is 20,000,000.

$4 is the current market price.

The Book Value Per Share (BVPS):

Book Value Per Share (BVPS) = Book Value / number of Share

Book Value Per Share (BVPS) = $128,000,000 / 20,000,000

Book Value Per Share (BVPS) = $6.40

The Book Value Per Share (BVPS) is less than the market price, indicating that investors anticipate lower future growth. Alternatively, they may anticipate that the firm will not be profitable.

To learn more about Book Value Per Share (BVPS), please refer:

https://brainly.com/question/28266947

#SPJ4

The complete question is:

A public company has a book value of $128 million. they have 20 million shares outstanding, with a market price of $4 per share. which of the following statements is true regarding this company?

A) Investors may consider this firm to be a growth company.

B) Investors believe the company's assets are not likely to be profitable its market value is worth less than its book value.

C) The firm's market value is more than its book value.

D) The value of the firm's assets is greater than their liquidation value.

How to manage risks? What businesses to acquire? How to measure business performance? What businesses to divest?
Choose matching term
1. Identify the key questions asked taken during the formulation of a corporate strategy for a large, multidivisional firm
2. Identify the three areas in which the choices are made as the main part of the operations strategy
3. What are the advantages to strategic planning compared to business unit planning and functional planning?
4. Identify the key questions asked taken during the formulation of a functional strategy for a firm

Answers

tool in managing any firm, especially during a market slump. In any economic climate, if you didn't have the proper risk management methods in place to minimise, or at least mitigate, the damage from that risk, an unanticipated surprise could easily wipe out your organisation in one fell swoop.

How should a company handle risk management?

systematically determining the hazards that surround your company's operations. estimating the likelihood that an event will occur. knowing how to react to these occurrences. establishing procedures to deal with the effects. The contribution margin ratio, operating leverage effect ratio, financial leverage ratio, and combined leverage ratio can all be used to assess your company's risk. These ratios compute business risk based on sales and fixed costs for your company.

To know more about risk management click on the link below:

https://brainly.com/question/13760012

#SPJ4

fill in the blank question. in preparing a cash flows from operating activities using the indirect method, an increase in accounts receivable would be (added/subtracted) to (from) net income.

Answers

In preparing a cash flows from operating activities using the indirect method, an increase in accounts receivable would be subtracted from net income. Subtracted from net income.

This is because the increase in accounts receivable means that the company owed more money than it did at the beginning of the period. This means that the company's net income is lower because it has not yet been paid for the goods or services provided. Therefore, when preparing cash flows from operating activities using the indirect method, the amount of the increase in receivables is deducted from the net profit. This calculation helps to better understand how much actual cash was generated from the company's operations during a given period.

To know more about cash flow statement click here

https://brainly.com/question/29768594

#SPJ4

Which of the following is a CIA characteristic that ensures that only those with sufficient privileges and a demonstrated need may access certain info?
A. Integrity
B. Authentication
C. Availability
D. Confidentiality

Answers

Confidentiality is a CIA characteristic that ensures that only those with sufficient privileges and a demonstrated need may access certain information.

Project scope management ensures that the project plan only includes the activities required to complete it.

Confidentiality- is the property of information that allows only those with appropriate privileges and a demonstrated need to access it. The quality or state of being whole, complete, and uncorrupted is referred to as integrity.

The CIA Triad is a popular information security model. It directs an organization's efforts to secure data. The three principles of cybersecurity—confidentiality, integrity, and availability (CIA)—form the foundation of a security infrastructure.

Learn more about " Confidentiality " to visit here;

https://brainly.com/question/15869788

#SPJ4

industry forces identify the industry forces that would affect gearon. drag and drop 5 examples on the right to their correct forces on the left.

Answers

A. Many coaches are looking for work. B. People have many fitness options. C.  There are many low cost gyms. D. Customers pay set fees at gyms. E. There are many national chains.

What is Supplier Power?

Both the pricing and the accessibility of resources and inputs are subject to supplier control. Providers are most effective when businesses are dependent on them and are unable to switch to other suppliers due to greater costs or a lack of available alternatives.

What Are Porter's Five Forces?

An industry's strengths and weaknesses can be ascertained by analysing the five forces identified and analysed by Porter's Five Forces model. In order to define corporate strategy, the Five Forces analysis is widely used to evaluate the structure of an industry. To better evaluate the amount of industry competition and increase a company's long-term profitability, Porter's model can be used to any sector of the economy. Michael E. Porter, a professor at Harvard Business School, is the inspiration behind the Five Forces paradigm.

To know more about Five Forces visit:        brainly.com/question/5114088

#SPJ4

as of december 31, year 4, poe compiled data showing that income under the previous revenue recognition method (recognized at a point in time), aggregated $700,000. if the new method had been used, the accumulated income through december 31, year 4, would have been $880,000. assuming an income tax rate of 40% for all years, the cumulative effect of this accounting change should be reported by poe in the year 5

Answers

Revenues are recorded when measurable and available, as required by... this method, for the fiscal year ended June 30, 2018.

What is measurable quality?

It is important to establish the characteristics of reliability, availability, maintainability, and maintenance support performance in order to represent its performance in quantitative terms and subsequently to characterise, measure, improve, guarantee, and certify such an item. The set of SEG Measurement characteristics that set us apart from our rivals—those features that give our consumers more than they can receive elsewhere—is known as The Measurable Difference. Measurability definitions the property of being quantifiable. equivalents: quantifiability ratability is a type. the property of being graded or estimable-able.

Know more about fiscal Visit:

https://brainly.com/question/11567873

#SPJ4

Companies such as John Lewis worry
about the increasing cost of customer
returns. They see two main options:
Option 1: Charge customers the actual cost
of delivery, as would happen if items were
posted.
♦ Option 2: Continue with free delivery,
forcing shop customers to subsidise online
ones.
Justify which one of these two options a business such as John Lewis should choose. (9)

Answers

Answer:

The decision of whether to charge customers the actual cost of delivery or continue with free delivery for customer returns is a complex one and will depend on a variety of factors, such as the business's overall strategy, the cost of returns, and customer expectations.

Option 1: Charging customers the actual cost of delivery for returns could help to reduce the overall cost of returns for the business. This approach would incentivize customers to be more mindful of their purchases and less likely to return items. It could also help to increase the business's revenue, as customers would have to pay for delivery. However, this approach could also lead to a decrease in customer satisfaction and loyalty, as many customers expect free delivery. It could also lead to a decrease in sales as customers might prefer to shop elsewhere if they have to pay for delivery.

Option 2: Continuously with free delivery, forcing shop customers to subsidize online ones, could help to maintain customer satisfaction and loyalty. This approach would make it easy for customers to return items, which could lead to an increase in sales as customers would be more likely to make purchases if they know they can easily return them. However, this approach could also lead to an increase in the cost of returns for the business, as more customers might take advantage of the free delivery option.

Ultimately, the decision of which option to choose will depend on the specific circumstances of the business and its customers. The business should weigh the potential benefits and drawbacks of each option and carefully consider the impact on customer satisfaction and loyalty, sales, and costs.

Other Questions
TRUE/FALSE. An example of a health care professional working at a professional career level is the dental assistant a defines how the marketing group will use its resources to support the company's goals for growth and earnings a population is a. the collection of all items of interest in a particular study. b. always the same size as the sample. c. the selection of a random sample. d. the same as a sample.' 2. Which of the following statements regarding depression is false?OA. Symptoms of depression impact thoughts, feelings, and normal daily behaviorsOB. It's one of the least common types of mental health disorders in the United States.O C. It's a type of mood disorder.OD. It's common for an individual to have both depression and an anxiety disorder at the same time. I need help with this ASAP! I would really appreciate it. Creative crafts gives scrapbooking lessons for $15 dollars per hour plus a $10 supply charge. Scrapbooks incorporated gives lessons for $20 dollarts with no aditional charges. Write and solve a system of equations that represent the situation. Interpret the solution.NEED ANSWER NOW PLEASE Which of the following best describes a set of conditions under which archaeoastronomers would conclude that an ancient structure was used for astronomical purposes?They find that, looking out from the center of the building, there are two windows that align with the rise and set points of two bright stars.The structure has the same dome shape as modern astronomical observatories.The structure consists of lines in the desert that make patterns visible only from high above.The structure has holes in the ceiling that allow viewing the passage of constellations that figure prominently in the culture's folklore, and many other structures built by the same culture have ceiling holes placed in the same way. Which of the following strategic options can a firm use for entering the international marketplace? (Check all that apply.) Within the period from 1450 to 1800, compare the processes (e.g. political, social, economic) of empire building in the Spanish Empire with the empire-building processes in the Ottoman Empire OR The Russian Empire. what is a main difference between a moon and a comet anwer ASAP pls Airlines have formed ________ with other airlines (carriers) to provide seamless travel across states, countries, and continents Need help solving asp if you wanted to clearly see the total that all owners had invested in a given company at the beginning of a year and see how such total investment had changed during the year to arrive at the owners' ending balance, which of the following statements would be most helpful to you? which plane separates the body into superior and inferior portions? Why are gametes the only haploid cells in your body?a. Because it takes four gametes to make a zygoteb. Because half of an offspring's DNA will come from each parentc.Because they are the only cells not doing a jobd.They are not haploid, they are diploid The Food and Drug Administration (FDA) is part of the federal government's Department of Health and Human Services. Among its other functions, the FDA evaluates the safety and effectiveness of drugs and medical devices. FDA approval had to be granted before OraSure was allowed to market its home HIV test. In a centrally planned economy, the government decides how resources will be allocated. In a market economy, the decisions of hources. Briefly explain which statement is more accurate (a) The regulation of the production and sale of drugs and medical devices in the United States is an example of how resources are allocated in a centrally planned economy, or (b) the regulation of the production and sale of drugs and medical devices in the United States is an example of how resources are allocated in a market economy. One metal switch box has a volume of 10.5 cubic inches. If four of these boxes are ganged together to make one 4-gang box, the total volume of the box assembly is ____in^3 ? Select one: a. 40.5 b. 12.96 c. 25.92 d. 51.84 e. none of these how many pounds of chlorine are in 1 gallon of bleach which is 12% chlorine a data analyst is working with the penguins dataset. what code chunk does the analyst write to make sure all the column names are unique and consistent and contain only letters, numbers, and underscores? what is the value of x