Brian just started using a budget. He proudly tells friends that his budget helps him know where his money is being spent. It allows him to spend some money on entertainment with the peace of mind that he will be able to pay the rent, and even gives him more money each month. Evaluate Brian's understanding of budgeting.Select the best answer from the choices provided.

Brian has no understanding of budgeting. Each of his statements is incorrect.

Brian has a limited understanding of budgeting. A budget will give him more money each month, but it will not help him keep track of his spending.

Brian has some understanding of budgeting. However, a budget does not create more money each month. It just helps him use his money better.

Brian has a good understanding of budgeting. Each of his statements is correct.

Answers

Answer 1

Answer: The right answer for the question that is being asked and shown above is that: "Brian has some understanding of budgeting. However, a budget does not create more money each month. It just helps him use his money better." That is the best answer among the choices.

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Answers

The three bottom line in the social responsibility are :

- Economic
- Social
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This three bottom lines could directly affect each other. For example, as the company experienced an economic growth, it could increase the quality of the social and environmental element around the company through various Corporate social responsibilities.

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Answers

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Example -Are the any racial or gender- based discrepancies within the business's operation?

John is a stockbroker. He has had several job offers, but he has turned them down because he thinks he can find a firm that better matches his tastes and skills. Curtis has looked for work as an accountant for some time. While the demand for accountants doesn't appear to be falling, there seems to be more people applying than jobs available:_________a. John and Curtis are both frictionally unemployed.
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Answers

Answer: John is frictionally unemployed, and Curtis is structurally unemployed.

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Answers

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gomez corporation uses the allowance method to account for uncollectibles. on january 31, it wrote off an $1,600 account of a customer, c. green. on march 9, it receives a $1,100 payment from green. prepare the journal entry for january 31. prepare the journal entries for march 9; assume no additional money is expected from green.

Answers

The journal entries for Gomez Corporation for January 31 and March 9 are being prepared below. This would record the partial recovery of the previously written-off amount.

Journal Entries in the books of Gomez Corporation

(as on January 31)

For January 31, when Gomez Corporation writes off the $1,600 account of customer C. Green using the allowance method, the journal entry would be:

1. Debit Allowance for Doubtful Accounts: $1,600
2. Credit Accounts Receivable - C. Green: $1,600

Journal Entries in the books of Gomez Corporation

(as on March 9)

The journal entries for March 9, when Gomez Corporation receives a $1,100 payment from C. Green and no additional money is expected, are as follows:

1. Debit Cash: $1,100
2. Credit Allowance for Doubtful Accounts: $1,100

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