Services are provided for customers who are sent bills for the amount they owe. For this transaction, identify the effect on the accounting equation.
a.Liabilities increase and stockholders' equity decreases.
b.Assets increase and liabilities increase.
c.Liabilities decrease and assets decrease.
d.Assets increase and stockholders' equity increases.

Answers

Answer 1

The effect on the accounting equation when services are provided and customers are sent bills is that assets increase and liabilities increase.

When services are provided to customers and bills are sent, it represents a revenue-generating transaction. Revenue is recognized as an increase in assets (accounts receivable) and an increase in stockholders' equity. However, in this scenario, we are focusing on the effect on the accounting equation.

Option (b) "Assets increase and liabilities increase" accurately describes the effect on the accounting equation. The increase in assets is reflected by the increase in accounts receivable, representing the amount owed by customers. Simultaneously, there is an increase in liabilities because the customers' bills represent their obligation to pay for the services rendered. Therefore, both assets and liabilities increase, while stockholders' equity remains unaffected.

To learn more about assets click here: brainly.com/question/14826727

#SPJ11


Related Questions

Suppose you are given a $100 gift card and you choose to spend it on a number of goods. You will select a combination of goods that is best for you and that maximizes your satisfaction. Your choices will involve which of the following?.

Answers

Your choices will involve the comparison of marginal cost and marginal benefits for each good considered.

What is marginal cost and marginal benefit?

Marginal cost is the additional cost generated by purchasing an extra unit of a good.  For example, if the cost of buying 10 units of a good is 100 and the total cost of buying 12 units is 120. Marginal cost is: (120 - 100) / (12 - 10) = 10

Marginal benefit is the change in total benefit as consumption is increased by one unit. Satisfaction is maximised when marginal cost is equal to marginal benefit.

To learn more about marginal cost, please check: https://brainly.com/question/26246533

Robitussin redesigned its packaging to provide specific product use information to help buyers make a purchase decision and to inform them about proper product usage. The package lists four key pieces of information: the product's formulation, its possible side effects, the symptoms it treats, and the recommended age for usage. This is an example of meeting the ________ requirements of labeling.

Answers

Answer:

consumer

Explanation:

From the question we are informed about how Robitussin redesigned its packaging to provide specific product use information to help buyers make a purchase decision and to inform them about proper product usage. The package lists four key pieces of information: the product's formulation, its possible side effects, the symptoms it treats, and the recommended age for usage. This is an example of meeting the consumer requirements of labeling.

Customer requirements can be regarded as specifications or features of a product or service that consumers

feels like it deemed necessary to them. These requirements could serve as motivation to customers for then to buy a product or service. In order To determine customer requirements, research can be made by companies on their target market so they can understand consumers desires and needs. direct approach can also be used by asking their customers to leave feedback through polls as well as surveys and social media.

Caroline spends all of her money on paperback novels and beignets. In 2012, she earned $18.00 per hour, the price of a paperback novel was $9.00, and the price of a beignet was $2.00. Which of the following give the nominal value of a variable? Check all that apply. Caroline's wage is 2 paperback novels per hour in 2012. Caroline's wage is $18.00 per hour in 2012. The price of a beignet is $2.00 in 2012. Which of the following give the real value of a variable? Check all that apply. Caroline's wage is $18.00 per hour in 2012.

Answers

Nominal values direct to the unadjusted price, without bringing inflation or different elements into account as objected to real values, where adjustments are created for general price level differences over time.

The real value is the nominal value changed for inflation. The real value is received by subtracting the result of price level shifts from the little value of time-series data.

Nominal value variables are:

Caroline's wage is $2.0 for paperback novels per hour in the year 2012

Caroline's wage is $18.00 per hour in 2012

The price of a beignet was $2.00

Real value variables are:

Caroline's wage is $18.00 per hour in 2012.

To learn more about Real and Nominal values

https://brainly.com/question/6249237

#SPJ4

the belief that goods give meaning to individuals and their roles in society is called

Answers

The answer would be consumerism

office administration.Prepare for filling in order.

office administration.Prepare for filling in order.

Answers

This (office administration) simply means to arrange the above in alphabetical order like this;

An Apple SpotA1 TaxiDriveByFine Foods LtdFirst Caribbean BankMalcolm Stephens & SonsNorth Eastern Funeral AssociationPortsmouth Police StationSt. John's Primary School21 Century Printers.

What is office administration?

Within a company, office administration is a collection of day-to-day operations connected to the upkeep of an office building, financial planning, record keeping and billing, personal development, physical distribution, and logistics.

Finally, administrative abilities are connected to corporate operations and enhancing office productivity. Communication and organizational abilities, as well as project management, bookkeeping, and time management skills, are among them.

Learn more about  office administration at:

https://brainly.com/question/4216255

#SPJ1


Why is it important for a human resource manager to carefully maintain
employee records?

Answers

Answer:

Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.

Explanation:


Which of the following is not a problem of bartering as a medium of exchange?


a.The need for a double
coincidence of wants

b.The need for divisibility

c.The need for portability

d.The need for trade and exchange

Answers

Answer:

The answer is A

My bad lol

Which of the following is an example of race?

Answers

Answer:

make sure to put the examples:)

Explanation:

if you dont we wont be able to know what you meant

Like black and white or cars

What is the opportunity cost of Sarah playing in the statewide soccer league?
the time and money required to drive to games all over Georgia
the registration fee Sarah must pay to be on the soccer team
the ability to hang out with her school friends during summer
D the effort Sarah must expend to develop her soccer skills
$200 and her parents have to drive her all over Georgia, b

Answers

The opportunity cost of Sarah playing in the statewide soccer league is the ability to hang out with her school friends during summer. Thus, the correct answer is option C.

What is opportunity cost?

The opportunity cost of a particular activity is the value or benefit lost by participating in that activity in comparison to participating in another activity. More effectively, it means that if you choose one activity, you forfeit the opportunity to do another.

As, Sarah will be playing in the statewide soccer league, she will not be able to hang out with her school friends during summer. As, opportunity cost is the cost of foregoing the next best alternative so for Sarah the hanging out with her school friends is the opportunity cost.

Therefore, the ability to hang out with her school friends during summer is the opportunity cost of Sarah playing in the statewide soccer league.

To learn more about opportunity cost, click here:

https://brainly.com/question/13036997

#SPJ1

Adjusting entries are recorded
___of an accounting period.

Answers

Answer:

at the end

Explanation:

Adjusting entries are made at the end of an accounting period after a trial balance is prepared to adjust the revenues and expenses for the period in which they occurred.

Carter invested $3,900 in an account paying an interest rate of 3. 9% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 5 years?

Answers

$822.18 is how much earned interest so add $3,900 and you get $4,722.18

Answer: 4700

Explanation:

THESE ANSWQERS I AM ASKING RE ALL CORRECT., THESE ARE FOR YOU

The steps in an indirect message include which of these? *
4/4
The buffer

The apology
The Rationale

A good will attempt

The bad news


In an indirect message, the actual bad news should be given in which paragraph? *
1/1
First
Second

Third
Fourth

Make sure your entire message is as negative as possible so you don't give the person receiving the message mixed signals. *
1/1
True
False


When providing reasons for the bad news, which of the following are things you need to consider? *
2/2
What date will you deliver the bad news?
Who is the message intended for?

How severe is the message?

Will giving the bad news cause problems for you?

When giving an explanation for the bad news, which of these are things should you NOT do? *
1/1
Explain company policy
Be as vague as possible

Give the complete explanation before the bad news, don't split it.
Be clear and logical

Severe or life-changing bad news should be given face-to-face. *
1/1
True

False

Which of the following is the best wording to use in a bad news message? *
1/1
We regret that the beds have failed and will be discontinued and recalled but we will not be taking the beds back or replacing the beds.
The beds have been discontinued and recalled but there will be no returns accepted or replacements offered.

Unfortunately, the beds will be discontinued and recalled with no refunds, returns or replacements offered.
The beds have been discontinued and recalled and we are unable to offer refunds, returns or replacements.

Offering a coupon or some other alternative might help cushion bad news for customers and keep good will for the company. *
1/1
True

False

Repeat the bad news in your closing to be sure the message was received. *
1/1
True
False


In giving the bad news, make sure you mention all the impacts to the company. *
1/1
True
False


If there are benefits to the reader/receiver of the bad news message, mestion them but do NOT make any up. *
1/1
True

False

Answers

Answer:

number 1  

The buffer The Rationale, A good will attempt, and the bad news.

Number 2= Second

Number 3= False

Number 4= Who is the message intended for and How severe is the message

Number 5= Be as vague as possible

Number 6= True

Number 7= The Beds have been discounted and recalled but there will be no returns accepted or replacements OFFERED

Number 8= True

Number 9= False

Number 10= False

Number 11=True

Explanation:

Tomato sauce and spaghetti noodles are complementary goods. a decrease in the price of tomatoes will

Answers

Answer:

low country development and low social amenitues

There are two types of handwarmers available in the market - a. Disposable hand warmer b. Re-usable hand warmer EXPLAIN the differences between these two hand warmers (ingredients; function; cost; effectiveness; durability....etc)

Answers

Disposable hand warmers: One-time use, chemical reaction, limited lifespan. Reusable hand warmers: Multiple uses, phase-change materials, longer-lasting.

What are the differences between disposable and reusable hand warmers?

Disposable hand warmers are inexpensive and generate heat through a chemical reaction when exposed to air, providing instant warmth for a limited time.

They cannot be reused or turned off once activated. On the other hand, reusable hand warmers are initially more expensive but offer longer-lasting heat, can be reheated or cooled multiple times, and are more durable.

They use phase-change materials or gels to release or absorb heat as needed.

The choice between the two depends on budget, desired duration of warmth, and the need for reusability.

Learn more about chemical reaction

brainly.com/question/22817140

#SPJ11

The avg. per capita GDP growth in Ottoman Empire from 1820 to 1913 is estimated as 0.5% approximately (1% for the GDP growth and 0.5% and 0.5% for the population growth). How can you explain this very low growth performance based on your estimations about capital stock growth and TFP?

Answers

The low growth performance of the Ottoman Empire from 1820 to 1913 can be attributed to several factors. Firstly, the estimated capital stock growth during this period was relatively limited, leading to insufficient investment in productive assets and infrastructure.

Secondly, the total factor productivity (TFP) growth was likely sluggish, indicating a lack of technological advancements and innovation within the empire. These factors, coupled with the relatively slow population growth rate of 0.5%, resulted in an overall average per capita GDP growth of approximately 0.5%.The Ottoman Empire's low growth performance can be explained by examining two key factors: capital stock growth and total factor productivity (TFP).

1. Capital Stock Growth: The limited growth of capital stock refers to the insufficient increase in physical assets, such as machinery, equipment, and infrastructure, necessary for economic production. A lack of investment in these productive assets could hinder the empire's capacity to generate higher levels of output. Insufficient capital accumulation can result from various factors, including political bility, limited access to financial resources, and inadequate institutional frameworks that discourage investment.

2. Total Factor Productivity (TFP): TFP represents the efficiency and technological progress within an economy , capturing the combined effect of technological advancements, innovation, and managerial skills. A slow TFP growth indicates a lack of significant improvements in production techniques and the ad of new technologies. The Ottoman Empire's relatively low TFP growth suggests that it struggled to keep up with global technological advancements and failed to foster an environment conducive to innovation.

Moreover, the population growth rate of 0.5% further constrained per capita GDP growth. A slower population growth implies fewer labor resources available for economic production, limiting the potential for output expansion.

In combination, the limited growth of capital stock, sluggish TFP growth, and slow population growth contributed to the Ottoman Empire's overall low average per capita GDP growth of approximately 0.5% during the period from 1820 to 1913.

Learn more about economy here:

https://brainly.com/question/30131108

#SPJ11

to maximize profits, how many of each size bin should the company produce?

Answers

The best way to determine how many of each size bin to produce would be to conduct a detailed analysis of the market, production costs, pricing strategy, and sales channels. This analysis would likely involve data collection and analysis, as well as input from various stakeholders within the company.

It's important to consider several factors that could influence the decision of how many of each size bin a company should produce in order to maximize profits. Some of these factors include:
1. Market demand: It's crucial for the company to assess the current and expected market demand for each size bin. By understanding how many customers are likely to purchase each size bin, the company can adjust its production levels accordingly to meet demand and avoid overproduction.
2. Production costs: The cost of producing each size bin must also be considered when determining how many to produce. If one size bin is significantly more expensive to produce than others, it may be more profitable to focus on producing the less costly options, even if demand for the more expensive bin is higher.
3. Pricing strategy: The company's pricing strategy will also play a role in determining how many of each size bin to produce. If the company charges a premium price for larger bins, it may make sense to produce fewer of those and focus on producing more of the smaller, less expensive options.
4. Sales channels: The company's sales channels may also impact how many of each size bin it should produce. If the company primarily sells through online retailers, for example, it may want to produce more of the smaller bins that are easier and less expensive to ship.

To know more about data collection visit:-

https://brainly.com/question/15521252

#SPJ11

The number of a country’s unemployment workers decreased from 5. 3 million to 3. 9 million last year. If the country’s population remained constant at 75 million, how did its unemployment rate change last year?

Answers

The unemployment rate in the country decreased from 7.07% to 5.2% last year.

To calculate the unemployment rate, we divide the number of unemployed workers by the total population and multiply by 100 to express it as a percentage.

Initially, the number of unemployed workers was 5.3 million, and the population was 75 million. Therefore, the initial unemployment rate was (5.3 million / 75 million) * 100 = 7.07%.

At the end of the year, the number of unemployed workers decreased to 3.9 million, while the population remained constant at 75 million. Thus, the final unemployment rate was (3.9 million / 75 million) * 100 = 5.2%.

Therefore, the unemployment rate in the country decreased from 7.07% to 5.2% last year.

Learn more about unemployment rates here: brainly.com/question/29400060

#SPJ11

Place the steps in order for inserting a video link into a document.
Place the cursor at the
insertion point
Click the Online Video
button
Preview the video before
saving the document
Click Insert tab
Search for and select the
video

Answers

Choose Online Video from the ribbon's Insert tab. Insert the URL you copied in step 2 into the Insert Video dialog box. Choose Insert.

What actions are required to add a hyperlink to a document?

Make a link to a specific web page.

The text or image that you want to appear as a hyperlink should be selected. Input Ctrl+K. You may also choose Link from the shortcut menu by right-clicking the text or image and selecting it.

What is the best way to add a video to a Word document?

Add a video, sound, or movie to Microsoft Word, PowerPoint, or Excel.

Click Object from the Insert menu, then select the Create from File tab.

Locate the movie (or sound wave) you wish to insert by clicking Browse and then browsing.

Choose a movie (video clip or sound wave)

Press Insert.

Double-click a media file's icon to start playing it.

Select OK.

To know more about video link into a document visit:-

https://brainly.com/question/14836628

#SPJ13

Describe two advantages of planned economy

Answers

Answer:

Some of the advantages are the equal distribution of wealth, reduced inequality,
low level of unemployment, and maximize social welfare.

(ANSWER PROVIDED) What is formal structure?

A.
Structure of legal compliance
done

B.
Structure represented by an organizational chart

C.
Relationships from people working

D.
Structure for the top executives of a company

ANSWER - B. Structure represented by an organizational chart

Answers

Explanation:

B.

Structure represented by an organizational chart

In a market economy decisions are guided by individual self-interest. hence, there is

Answers

In a market economy decisions are guided by individual self-interest. hence, there is still the ability to achieve desirable economic well-being for society as a whole.

In an economic system in which economic decisions and the pricing of the goods and services are guided by the interactions of a country's individual citizens and the businesses is a market economy.

Self-interest and competition are very important economic forces. Self-interest is the motivator of economic activity. Thus, in a market economy, individuals and businesses own most of the resources available and make voluntary decisions, made in their own self-interest,

Hence, these decisions are made to achieve the greatest personal benefit from marketplace activities and transactions.

To learn more about market economy here:

https://brainly.com/question/2213035

#SPJ4

give an example of a business operating in a monopolistic market in South Africa

Answers

Answer:

Diamond sales by De Beers's Central Selling Organisation (CSO) and SA Breweries' (SAB) production of beer.

Explanation:

That is one I honestly think.

:D HOPE THAT HELPS, GOODLUCK!

The argument took place between-----​

Answers

Answer:

?

Explanation:

The difference between the price at which an investment banking firm buys shares from an issuing company and the price at which those securities are sold in the primary market is called the:_________

Answers

The difference between the price at which an investment banking firm buys shares from an issuing company and the price at which those securities are sold in the primary market is called the Underwriter's spread.

What is the Underwriter's spread?

The Underwriter's spread refers to the amount that the Underwriter gets to benefit from underwriting the sale of a stock.

It is calculated by deducting the amount that the Underwriter sells the stock in the primary market, from the amount that the underwriter (investment banking firm) company buys the shares from the company.

Options for this question are:

Underwriter's spreadOffer priceFlotation costBid priceAsked price

Find out more on Underwriting stock at https://brainly.com/question/14279993

#SPJ1

assume a monopolistically competitive firm encounters a decrease in average variable cost at all output levels.we would expect:

Answers

If a monopolistically competitive firm encounters a decrease in average variable cost at all output levels, we would expect the firm to increase its production output and lower its prices in order to maintain its market share.

The decrease in average variable cost means that the firm can produce its goods at a lower cost, which allows it to increase its profits by either increasing its sales volume or by lowering its prices to attract more customers. Since a monopolistically competitive firm faces competition from other firms producing similar goods, it cannot raise its prices without losing customers to its competitors.

Therefore, the firm would choose to lower its prices to maintain its market share and increase its profits through higher sales volume. Overall, the decrease in average variable cost leads to greater efficiency and increased competitiveness for the firm.

Learn more about Monopolistic Markets here:-brainly.com/question/2891218

#SPJ11

insurance is the way a person or business is protected from :
losing interest
losing money
losing value
losing investments

Answers

Answer:

losing money

Explanation:

Helps save you from the out of pocket expense if something bad were to happen.

For example if your roof was damaged by a natural disaster it could cost thousnads of dollars out of a persons pocket.

Insurance will pay the cost to repair it allowing you to be protected from losing money.

why did vicente ybor and other cuban cigar factory owners choose key west as a good place to start their first cigar factories in the united states?

Answers

Ybor City and Key West developed become important hubs for individuals who advocated for Cuba's independence due to their proximity to Cuba.

The workers of the cigar factories donated money to the revolution and the lectors in the plants frequently read from revolutionary journals. Vicente Martnez de Ybor led a group of Cuban cigar producers who created Ybor City, now a neighbourhood in Tampa, in 1886. To prevent their employees from becoming unionised, the cigar firms relocated from Key West. Being a genuine entrepreneur, he also started other companies, such as a hotel, a brick factory, and the first streetcar line across the city. Within a few years, the city had a population of over 3,000 and earned the moniker "cigar capital of the world." Ybor passed away in 1896, yet his legacy endured.

Know more about revolution here:

https://brainly.com/question/1291142

#SPJ4

Write about the ways to maintain a positive body
image.

What I Should Do to Maintain a Positive Body Image​

Answers

Answer:

Eat Healthy

Maintain a good diet

Meditate

Practice self confidence

Work out

Stay positive

Have a healthy mental state

Step 3: Now, let’s identify the factors that affect the Business Environment
As big as our economy is, it is still sensitive to changing dynamics that affect its performance and vitality. Consider these factors and how they impact business. CHOOSE JUST THREE FACTORS TO GIVE AN EXAMPLE FOR BELOW.

Economic: Jobs, interest rates & inflation are some of the forces that affect supply and demand, which determines how prices and quantities of goods and services perform in our economy.
Political/Legal: The stability of a government, and the types of laws it passes affects businesses profitability and investment
Demographic: Businesses have to consider their market’s age, gender, race, ethnicity and location.
Social: Attitudes, values, ethics, and lifestyles—influence what, how, where, and when people purchase products or services. They are difficult to predict, define, and measure because they can be very subjective.
Competition: Competition causes business to develop new products, services and technologies, and offer consumers greater selection and better products. The greater the selection of a good is in the market, prices are typically lower for the products,Global: Immigration/Refugees, political factors, tariffs, climate events and competition.
Technology: The use of science and engineering skills can be used to solve production and organizational problems. New equipment and software that improve productivity and reduce costs can be among a company’s most valuable assets.

Step 4: Choose THREE factors from the above list, and give an example of how you see this work in the economy:
(Name Factor here): (Example here of where you have seen this factor demonstrated).
(Name Factor here): (Example here of where you have seen this factor demonstrated).
(Name of factor here): (Example here of where you have seen this factor demonstrated).

(Example: Political/Legal: The Federal Reserve System)

Do you need more help understanding this topic? Read the linked article below.
Understanding the Business Environment (Link to Article)https://opentextbc.ca/businessopenstax/chapter/understanding-the-business-environment/

Answers

Ale jak się okazało w Polsce dniu narty nie skierowane to dniu tym świecie i jest ogóle nie ma problemu z tym że nie ma przecieku co w wszystko jutrzejszym terminie

Give an example of a time where you used Physical Capital to make or create something.​

Answers

Answer:

cash is one example of a physical capital

Other Questions
Match the pairs of equivalent expressions. ( - 14 + 3 2 b ) ( 1 + 8 2 b ) 4 b + 13 2 ( 5 + 2 b ) + ( 2 b + 3 2 ) 8 b 15 ( 7 2 b 3 ) ( 8 + 6 b ) - 5 2 b 11 ( - 10 + b ) + ( 7 b 5 ) In locating relevant authorities:Multiple ChoiceOnly a novice researcher will use secondary authorities as a guide.Experienced researchers always conduct their search in exactly the same way for every research project.Tax researchers may consult more than one tax service.Skilled researchers usually consult a broader range of library materials than novice researchers. use each measure to match each angle with it's measure Claire still has trouble locating the home row on a keyboard without looking. What fundamental is she struggling with?Question 2 options:putting speed over accuracyusing proper posturelearning the parts of the keyboardunderstanding finger placement single-family zoning ban. The Minneapolis 2040 comprehensive plan declares the citys intent to abolish single-family-home zoning and allow duplexes and triplexes to be built anywhere in the city. Explain the potential impact on Minneapolis: 1. Land prices; 2. Housing prices; 3. City size; 4. Tax revenues. Why was Edward grateful to see John Canty and Hugo at the hermit's hut? A stone is tossed into a pond, creating a circular ripple. The radius of the rippleincreases by 12cm/s.a) Write an equation that describes the ripple exactly 3 s after the stone lands in thewater. Use the origin as the point where the stone lands in the water.b) A canoe is located at point (-36, 48). When will the ripple reach the canoe? Norms are _________that reflect compliance with what cultures and societies have defined as good, right, and important. What were some of the reasons that Christianity spread during Roman times?(NO PLAGARISIM) Which statement about warming up before an activity is NOT true? A. It is necessary to continue to stretch during the game. B. Getting the blood moving through your muscles prepares them for physical activity. C. Joints can be warmed up through stretching. D. none of the above which of the following can help to decrease the risk of developing a food allergy? a) breast feeding b) formula feeding c) early introduction of solid foods (around 2 months of age) d) positioning infants on their backs while sleeping no matter what the resource allocation is, area a will always have the highest resource availability.a. trueb. false 52 is 0.4% of what number? Use pencil and paper. Would you expect the answer to be a lot less than 52, slightly less than52, slightly greater than 52, or a lot greater than 52? Explain. Describing You are a historian studying Egyptian religion. Describe the elements of Egyptian religion on the scrolls below. Gods & Goddesses Afterlife What is the "heart of the French diet"? Dan is searching for jobs that would let him work with animals. He finds an online resource, created by several animal healthcare professionals, about available jobs. Which resource is Dan using? Nth term for quaratic sequence -7,-6,-3,2,9,18,29 Julius gave an equal amount of oranges to each of the 6 apartments on her floor. If she gave each apartment 5 oranges, how many oranges did Julius give out in all? 0 1 O 11 30 A cook needs 7 cups of vegetable stock for a soup recipe. How much is this in pints? Write your answer as a whole number or a mixed number in simplest form. Include the correct unit in your answer. 08 Explanation Check fl oz qt X values: One... gal pt S .? 2022 McGraw HilllLS ALL cleveland cove enterprises is evaluating the purchase of a lift system for all of its locations to use for boat repair. information on the b14 model, one of the options is listed below: