Answer:
No entry required
However, the balance sheet must be adjusted to represent both, the 4,000,000 inventory and the 4,000,000 accounts payable
Explanation:
As the account involved:
Inventory and accounts payable are permanent account do not alter the net income for the year ended December 31th 2020.
Also as no cash is involve the cash statement is not affected too.
This delay on recording generate no problem for the accounting.
Answer:
$13,000
Explanation:
<em>Rune Co.'s</em>
<em>As of December 31</em>
Balance as per Bank Statement $10,000
(+) Bank credits and collections $4,000
(-) Bank errors overstate book balance $1,000
Correct Cash Balance $13,000
I do believe the correct answer is D
Answer:
The answer is C. Safety and security needs
Explanation:
The safety and security needs is one of the needs in the Abraham Maslow's hierarchy of needs that stated five tiers of human needs.
He opined that the safety and security needs is the second level of needs to be satisfied by an individual after the physiological needs.
The safety and security needs includes personal security, employment, resources, health, property.
So definitely, the decision may cause employees to become greatly concerned about safety and security needs.
