"I am thinking about decentralizing, allowing employees lower in the organization to make more decisions. When does decentralizi

Answer:

Debit Merchandise Inventory $250

Credit Accounts Payable $250

Explanation:

On the purchase date, the correct action is to recognize the $250 owed to the supplier for the German chocolate by crediting accounts payable and debiting merchandise inventory with the same amount.

When the payment occurs on March 31, 2014, the accounts payable will be cleared by a debit, and the cash account will be credited with $250 to reflect the cash outflow from the business.

Answer:

Shirly is a good fit for careers in law, public safety, and security.

Explanation:

The professions in law, public safety, and security align closely with the characteristics noted in Shirly's evaluation, reflecting her qualities of justice, security awareness, and physical fitness to handle risky situations, all of which benefit the community she serves.

Answer:

Crash the schedule.

Explanation:

Using fast-tracking enables earlier completion of the task but incurs higher costs. Assigning seasoned individuals to the project will also increase management expenses. Reducing the project scope leads to a quicker finish by decreasing requirements. Hence, options A, B, and D are not viable solutions.

Opting to crash the schedule (option C) is the correct choice since it efficiently utilizes resources to accelerate task completion without additional expenditure.

Answer:

2) assumption not made

Explanation:

The initial statement does not incorporate any assumptions regarding the actions of the companies concerning this issue; it merely presents a notion of equitable compensation.

It is possible that the author believes that very few or none of the companies actually provide financial compensation to homeowners for a decrease in their properties' market value, but this is not specified. The statement might also suggest that companies have previously offered compensation but are now reluctant to do so since no laws obligate them to continue. The author's stance is ambiguous and lacks clarity about the companies' current actions.

Answer:

In a non-monetary exchange that lacks commercial substance, a company should note the acquired asset using the same book value as that of the asset it exchanged.

ABC's journal entry:

Dr Cash 25,000

Dr Building - new 75,000

Dr Accumulated depreciation building - old 60,000

    Cr Building - old 150,000

    Cr Gain on the exchange 10,000*

As the cash received is less than 25% of the total value in the exchange, only a partial gain attributable to the cash must be acknowledged. The partial gain is derived by deducting the cash received from the asset's fair market value. Here, the fair market value was $100,000 with a carrying value of $90,000, leading to a recognized gain of $100,000 - $90,000 = $10,000. Consequently, the new carrying value needs to be adjusted to align with the fair market value minus cash received ($100,000 - $25,000 = $75,000).

XYZ's journal entry:

Dr Building - new 105,000

Dr Accumulated depreciation building - old 15,000

    Cr Building - old 95,000

    Cr Cash 25,000

Considering the absence of commercial substance in the transaction and that XYZ did not receive cash, it must register the new building's value by combining the old building's carrying value with the cash paid to ABC (=$80,000 + $25,000=$105,000).