Answer:
I think it would be Public university
Explanation:
1. At July 31, the company owed employees $1,300 in salaries that the company will pay in August.
2. On July 1, the company borrowed $20,000 from a local bank on a 10-year note. The annual interest rate is 12%.
3. Service revenue unrecorded in July totaled $2,400.
Required:
Prepare the adjusting entries needed at July 31, 2017.
Answer:
Amount in $
Dr. Cr.
Salaries Expense 1,300
Salaries Payable 1,300
Salaries to be paid in august
Bank 20,000
Long term loan 20,000
Loan received from bank on a 10 year note
Interest Expense 200
Interest payable 200
Expense on loan for 10 years ( 20,000 *.12*1/12)
Revenue 2,400
Receivable 2,400
Unrecorded revenue
Explanation:
1. Salaries are payable in august so a payable will be recorded for the amount. and an expense will be booked for the month.
2. Since this loan is for a period of more than 12 months so it will be treated as long term and interest on it will be calculated as mentioned above.
3. Unrecorded revenue will be recorded at mentioned above.
Since the options are not given, I am giving ideas from my perspective.
Explanation:
Middle management level can include
The above designation may vary from industry to industry
Responsibilities:
Answer:
As production increases
Explanation:
When you observe information, it's important to make sure you aren't cluttering your mind with unimportant information. Unimportant information refers to anything that you are observing while learning that won't matter overtime or, doesn't directly pertain to your situation. Observation can only be a useful skill if what you are observing you remember and can do after watching on your own.