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natka813 [3]
2 years ago
11

You are working closely with an experienced associate. He insists on completing a task a certain way, but you know there is a mo

re efficient method.
Business
1 answer:
iris [78.8K]2 years ago
8 0
<h2>We can work on the efficient way after justifying with proper reason to the experienced associate.</h2>

Explanation:

Though the question is incomplete, I can understand what is actually expected and then providing solution from my point of view.

When you feel that your idea is better,

  • Calm down yourself to prepare for conversation
  • Place a request to the experienced associate to hear your view
  • Justify how your way is better than the view of experienced associate
  • Make sure that you do not dominate and give respect to his / her age
  • Be prepared for the cross question raised by the associate
  • Convey about the outcome achieved clearly
  • Use the right vocabulary
  • Be strong in what you want to convey and the same should not lead to conflict

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The following are a trial balance and several transactions that relate to Lewisville's Concert Hall Bond Fund:
Vera_Pavlovna [14]

Answer:

a. Journal entries

1. Estimated revenues (Dr.) $100,000

Estimated other financing sources (Dr.) $50,000

Appropriations (Cr.) $125,000

Fund Balance Budget (Cr.) $25,000

2. Cash (Dr.) $50,000

General Fund Transfer (Cr.) $50,000

3. Property Tax receivable (Dr.) $100,000

Uncollectable Taxes (Cr.) $5,000

Collectable Property taxes revenue (Cr.) $95,000

4. Cash (Dr.) $60,000

Collectable property tax revenue (Cr.) $60,000

5. Cash (Dr.) $1,000

Revenue From Investments (Cr.) $1,000

6. Cash (Dr.) $30,000

Collectable property tax revenue (Cr.) $30,000

7. Interest expense (Dr.) $37,500

Interest Payable (Cr.) $37,500

8. Fiscal Agent fee (Dr.) $500

Cash (Cr.) $500

9. Cash (Dr.) $1,000

Investment Revenue (Cr.) $1,000

10. Interest Expense (Dr.) $37,500

Principal payment (Dr.) $50,000

[Fiscal Agent] Cash (Cr.) $87,500

11. Investment Revenue Receivable (Dr.) $500

Investment Revenue (Cr.) $500

Explanation:

b. Trial Balance

Particulars : Debit (Dr.) $ ; Credit (Cr.) $

Cash: 76,500 ; 0

Property Taxes receivable 10,000 ; 0

Allowance for uncollectable property 0 ; 5,000

Investments 40,000 ; 0

Investment revenue receivable 500 ; 0

Restricted fund balance 0 ; 100,000

Revenue - property taxes 0 ; 95,000

Revenue- Investments  0 ; 2,500

Transfer to general fund 0 ; 50,000

Interest Expense 75,000 ; 0

Bond principal 50,000 ; 0

Fiscal agent fees 500 ; 0

Estimated revenues 100,000 ; 0

Estimated other financing sources 50,000 ; 0

Appropriations 0 ; 125,000

Fund balance Budget 0 ; 25,000

6 0
2 years ago
Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 24,000 shares authorized, 11,4
tankabanditka [31]

Explanation:

Data provided

Number of shares outstanding = 9,600

Cash dividend per share = $0.50

The Journal entry is shown below:-

Retained earning Dr,                            $4,800

       To Common dividends payable             $4,800

(Being dividend declaration is recorded)

Working note:-

Retained earning = Number of shares outstanding × Cash dividend per share

= 9,600 × $0.50

= $4,800

3 0
1 year ago
What can organizations do to institutionalize organizational learning? What practices and policies would aid in knowledge acquis
elena-s [515]

Answer:

There are many things that a company can do to institutionalise learning and knowledge. Some of them doesn't even cost much and take a lot of time to be implemented.

Empowerment of individual employees. Giving them more autonomy in the job and the capacity to work freely with the peers.

Making teams rather than working individually. Team spirit is essential in the learning process and to promote sharing.

Conducting internal development and training programs on a regular basis.

Using social media platforms to connect the employees so that they are able to share their knowledge, expertise on a real-time basis.

Reducing the power gap between the employees and their superiors.

Explanation:

8 0
2 years ago
Without specializing, the total output for both countries after two days would be 48.
vampirchik [111]

The first blank would be 32 because you ,multiply 16 by 2. For the second blank it would be 16 because you multiply 8 by 2.

4 0
1 year ago
Read 2 more answers
Effective teams (1) function so well they create their own magnetism, (2) are interested in others' success as well as their own
MariettaO [177]

Answer:Only statements 1 and 2 are correct

Explanation: An effective team involves people who interact with each other to accomplish certain goals or meet certain needs. Team members work intensely with each other to achieve a specific, common goal or objective. This therefore attracts other people to them, that is magnetism. In as much as they look out to achieve their goals, they are also interested in others' success.

7 0
1 year ago
Read 2 more answers
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