If an adjustment for $7,500 in accrued revenues is omitted, how will this affect the financial statements?a. There will be no effect on the financial statements.
b. Net income will be understated by $7,500.
c. Accounts Receivable will be overstated by $7,500.
d. Net income will be overstated by $7,500.

Answers

Answer 1
Answer: The right answer for the question that is being asked and shown above is that: "c. Accounts Receivable will be overstated by $7,500. " If an adjustment for $7,500 in accrued revenues is omitted, the affect that the financial statements is that accounts Receivable will be overstated by $7,500. 


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During a recession, what is one way governments try to encourage growth? by increasing unemployment benefits by stopping government spending by requiring firms to maintain production by eliminating all tax breaks

Answers

during a recession, the way that governments try to encourage growth is : increasing unemployment benefits

During a recession, a number of unemployment will rapidly increased ( almost a third of citizen could be jobless). In order to handle this, government could increase unemployment benefit so the unemployed people have enough to scrapped by until the recession is over or started a new business.

One way the government try to encourage growth during recession is by increasing unemployment benefits

Any country's economy that experiences a decline for a minimum of six months is said to be in recession.

Further Explanation

Recession causes unemployment because when the growth of the economy is very slow, the revenues generated by companies during this period will be very less, which can also result in job loss.

Therefore, one of the ways the government intervenes to encourage growth during recession is by increasing unemployment benefits so that its effect will not be too much on the unemployed.

Any economy facing recession will experience a significant decrease in sales and revenues.

For example: the recessions that occurred in the United States from 2008 to 2009 affected major banks. Banks recorded huge loss and this forced banks to decrease the rate at which new loans are issued.

Also, many companies reduce employee’s salary and stop the recruitment of new workers; In fact, banks were so afraid to give loans to each other.

One of the major causes of recession is when there is a decline in the GDP growth, but some other causes also include

  • Poor management
  • Deregulation
  • Loss of confidence in investments
  • Credit crunch and many more

LEARN MORE:

KEYWORDS:

  • gdp
  • recession
  • unemployment
  • benefits
  • banks

Which of the following statements are correct concerning yield-to-maturity (YTM)? a.YTM considers both interest income and price appreciation.
b.YTM assumes the bond is called at the earliest possible date.
c.YTM is a compounded rate of return.
d.YTM assumes all interest payments are reinvested at the YTM rate.

Answers

Answer: Options (A), (C) and (D) are correct

Explanation:

Yield to maturity ,is referred to as or known as theoretical IRR or internal rate of return that is earned by a person or investor who tends to buy that bond at the respective market price, also assuming the bond is enclosed till maturity, and further knowing that coupon and other principal payments are to be made on the schedule. YTM is referred to as or known as discount rate on which sum of future cash flow tends to be equal to current price of bond.

If the exchange rate rises, which of the following falls in the open-economy macroeconomic model? a. desired net exports and desired net capital outflow b. desired net exports but not desired net capital outflow c. desired net capital outflow but not desired net exports d. neither desired net exports nor desired net capital outflow

Answers

Answer: Option(d) is correct.

Explanation:

Correct option: Neither desired net exports nor desired net capital outflow

If there is increase in the exchange rate, then there will be depreciation of the home currency. This means that now a person have to pay more for the same amount of imported goods.

The exports of a country also increases with increase in the exchange rate. So, the economy became more stronger.

And an economy rises exchange rate for stabilizing the foreign interest rate and domestic interest rate.

If the domestic interest rate is higher than the foreign interest rate then there is a inflow of capital in the home country. So, an economy increases the exchange rate to equal the foreign interest rate and domestic interest rate.

Bob is training for a triathlon, a timed race that combines swimming, biking, and running.Consider the following sentence: Bob has only 20 hours this week that she can devote to training. Each hour she spends swimming is an hour that she can't spend biking or running.Which basic principle of individual choice do these statements best illustrate?A. Bob can use time most efficiently by spending the same amounts of time on swimming, biking, and running.B. People face trade-offsC. People usually exploit opportunities to make themselves better off.D. Bob has an incentive to spend more time on swimming than on biking or running.

Answers

As bob is training for the triathlon, he has 20 hours to the week and spends those in swimming and thus cant spend in biking and running. As far as the basics of bob is concerned with a trade-off.

  • That is opportunity that is need to be traded with another for the same amount f time. Hence the option B is correct, trade-offs

Learn more about the biking, and running. Consider the following.

]brainly.com/question/20713759.

Answer:

B) People face trade-offs

Explanation:

A trade-off happens when you have to balance two (or three in this case) opposing situations. In economics all resources are scarce, and time is the only resource that everyone shares equally. Bob is facing opportunity costs, i.e. if he chooses to train one activity he cannot train the other.

Bob has to decide how to divide the time he can spend training. If he chooses running, he can´t swim or ride a bike. So he has to balance the time spent on each activity, probably depending on which sport he needs to train the most.

A worker’s positive reaction to a negative performance review from an employer might be to ______.a. ignore the criticisms made at the review
b. address the criticisms made at the review
c. dismiss the criticisms made at the review
d. agree with the criticisms made at the review

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A worker’s positive reaction to a negative performance review from an employer might be to address the criticisms made at the review. The answer is letter B. The rest of the choices do not answer the question above.

Answer: Options A

Explanation: The positive attitude of the worker depicts a strong and simple mentality of that particular. The review by any employer is not done to disrespect or insult the employee rather its is made for the evaluation.

  A positive performance review motivates the employee to keep on the good working while the negative one helps him or her to evaluate the mistakes and correct them.

The process of evaluating each market segment's attractiveness and selecting one or more segments to enter.

Answers

That's marketing targeting, I believe.