Answer:
A. Dr. Office Supplies, $80; Dr. Merchandise inventory, $160; Dr. Miscellaneous expenses, $20; Dr. Cash over and short, $8; Cr. Petty cash, $268.
Explanation:
$80 for office supplies, $160 for merchandise inventory, and $20 for miscellaneous expenses are all expense accounts which need to be debited for settlement. Cash Shortage account is debited by $8 to record the cash shortage effect. The total of all these account will be credited in cash account.
Answer:
a. Number of bonds outstanding
Explanation:
In the case when the firm wants to issue the new bonds but keeping the equity portion constant so the debt weight should increased from 70% to the higher weightage
So as per the given situation, the option a is correct as it also increased the number of outsanding bonds
Therefore the same is to be considered
Hence, the other options seems wrong
Answer:
Collectivism
Explanation:
The collectivism refers to the group who worked as a team and given the priority according to their roles, designations.
As we use the concept synergy that 1 + 1 give 11 i.e means due to efforts of group we can accomplish the company target as compare to the individual effort.
Since in the given question, the Daniel workplace does not have any structured hierarchy and all employees are treated equally so in this case, the collectivism is low in this organization.
Answer:
No, Kamal's father, Mr.Kishanlal is not justified in his point of view because although it is true that money is needed to start a new business but money is not that much necessary as many other things. To start a new business and make it a success, passion, new idea and determination is much needed. If you are passionate to start something new and provide people value then it will be very easy to become successful. You should have a new idea to start a business. You should provide people with ease with the help of your new idea and new product or service. People will definitely but your products and services if it is something of value. You should have an urge to be determinant. There are many entrepreneurs, who have not much money when they started a business, but with their passion and handwork they became successful i,e, Jeff Bozos, Bill Gates, Steve Jobs etc.
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