Answer:
b
Explanation:
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Answer: Appropriate expense account are debited
Explanation:
Here is the complete question:
When reimbursing the petty cash fund:
a. Cash is debited.
b. Petty Cash is credited.
c. Petty Cash is debited.
d. Appropriate expense accounts are debited.
e. No expenses are recorded
Petty cash funds are simply the little funds that is used by an organization or company to settle its minor expenses. Examples include expenses on postage stamp or snacks during meetings.
It should be noted that when reimbursing the petty cash fund, the appropriate expense account has to be debited.
Answer:
(450.33)
Explanation:
Anthony has purchased a new shipment of 50 Bluetooth earbuds that he plans to sell for $99.99 each.
The manufacturer informs Anthony that each product will cost Anthony $52, but this does not include the cost of transportation.
Even with the extra transportation costs, Anthony is not worried. He believes he can sell all 50 earbuds by the end of the month.
After adding up inventory, transportation, storage, and other costs, he determines that his total costs will be $3,750.
However, by the end of the month Anthony has only sold 33 earbuds.
Therefore his profit is
Revenue = 33 earbuds x $99.99 each = $3,299.67
less: Total costs = .........................................<u>($3,750.00)</u>
Profit = .............................................................. <u>(450.33)</u>
Answer:
groupthink.
Explanation:
Analyzing the above information, it is correct to state that Henry, Bekah and Marcella are involved in the groupthink heuristic, which occurs when there is a group consensus regarding an idea or motivation, in favor of unanimity, without ever researching and evaluating accurately the decision, as stated in the statement in the question.
Groupthink is a phenomenon that occurs when members give up their individual opinion and agree with some suggestion from other members to avoid conflict and keep the group cohesive. This can be a negative behavior when group cohesion becomes more relevant than an opinion and constructive suggestion for the group's challenges.
