The amount of a person’s paycheck p varies directly with the number of hours worked t. For 22 hours of work, the paycheck is $126.50. Write an equation for the relationship between hours of work and pay.

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Answer 1
Answer: you would divide 22hrs into the 126.50 and which would give you 5.75$

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(a)Belief that a company will remain in business for the foreseeable future. (Note: Do not use the historical cost principle.) (b) select the accounting assumption or principle Indicates that personal and business recordkeeping should be separately maintained.
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Answer:

Book keeping ideas principles of bookkeeping that ought to be followed in planning everything being equal and budget summaries. The four major ideas are;  

  • Accruals idea: income and costs are recorded when they happen and not when the money is gotten or paid out.
  • Consistency idea: when a bookkeeping strategy has been picked, that technique ought to be utilized except if there is a sound motivation to do something else.
  • Going concern: the business element for which records are being readied is in great condition and will keep on being good to go within a reasonable time-frame.
  • Prudence idea (additionally protection idea): income and benefits are incorporated into the asset report just when they are acknowledged (or there is sensible sureness of acknowledging them) however liabilities are incorporated when there is sensible 'plausibility' of bringing about them.

What is a primary responsibility of the federal reserve bank?

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the primary responsibility of the federal reserve bank is to :
Regulate the growth of money supply
This could be carried out through several monetary policies, such as determining interest rates, discount rates, or providing services to financial institutions

Lesson 21. What is a tax?
2. What is the Internal Revenue Service?
3. What is the capital gains tax?
4. Give at least two examples of types of state taxes.
5. What is a pay stub?

Answers

Answer:

1) Taxes are compulsory financial charges levied upon taxpayers by government entities in order to fund their activities.

2) The IRS is the government agency responsible for collecting federal taxes and enforcing federal tax law.

3) Capital gains taxes are taxes levied upon the profit resulting from the sale of non inventory assets (e.g. land, house, stocks, etc.)

4) Two examples of state taxes are: corporate state taxes and real property taxes.

5) A pay stub or a pay slip is a document that itemizes what an employer pays to its employee. It includes the salary minus the deductions made.

How can a business owner ensure that the following elements of Total Quality Management (TQM)positively impact on his /her business.Continues skills development,Total client satisfaction,Top management involvement,Monitor and evaluation of quality processes,Team work

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Monitor and evaluation of quality processes is the way a business owner ensure that the elements of Total Quality Management (TQM) positively impact on his/her business. The correct option among all the options that are given in the question is the fourth option. This is an important part of any business development. 

Oriole Company sells office equipment on July 31, 2017, for $21,900 cash. The office equipment originally cost $76,780 and as of January 1, 2017, had accumulated depreciation of $36,270. Depreciation for the first 7 months of 2017 is $4,070. Prepare the journal entries to (a) update depreciation to July 31, 2017, and (b) record the sale of the equipment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

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Explanation:

The journal entries are shown below:

a. Depreciation expense A/c Dr $4,070

           To Accumulated Depreciation - Equipment A/c $4,070

(Being depreciation expense is recorded)

b. Cash A/c Dr $21,900

Accumulated Depreciation - Equipment A/c $40,340

Loss on sale of an equipment $14,540

         To Equipment $76,780

(Being sale of equipment is recorded and the remaining balance is debited to the loss on sale of an equipment)

The accumulated depreciation is computed below:

= $36,270 + $4,070

= $40,340

Which of the following terms means that people want more things than they can easily acquire?(A) economics
(B) supply
(C) demand
(D) scarcity

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b is the answer. you cant acquire many supplies.