The appropriate bargaining unit defines:
A. Which occupations and locations of a particular employer will be included in the
representation election.
B. Which employees will conduct the negotiations with the employer.
C. Which bargaining unit gets to vote first in a representation election.
D. The terms and conditions of employment.
A. Which occupations and locations of a particular employer will be included in the
representation election.
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The entry to adjust for corporate income taxes includes
a. a debit to Income Tax and a credit to Income Tax Expense; b. a debit to Income Tax Expense and a credit to Income Tax; c. a debit to Income Tax Expense and a credit to Income Tax Payable; d. a debit to Income Tax and a credit to Income Tax Payable; e. a debit to Income Tax Payable and a credit to Cash
On January 1, Year 1, Mayberry Company borrowed cash from Central Bank by issuing a $75,000 face value 3-year installment note payable that carried a 9% interest rate. The note is to be repaid by making annual cash payments of $29,629.11, which includes both principal and interest. The payments are to be made on December 31 of each year.Required:a) Prepare an amortization schedule for the term of the loan, showing the amounts to be paid on principal and interest for Year 1, Year 2, and Year 3 and the loan balance at the end of each year. (Round your answers to two decimal points.)b) What amount of interest expense will be shown on the Year 2 income statement?c) What amount of liability for the note will be shown on the balance sheet as of December 31, Year 2?d) Prepare the journal entry
to record the payment made on December 31, Year 2. What will be an ideal response?
The primary purpose of the statement of cash flows is to provide information about a company's cash receipts and cash payments during an accounting period
Indicate whether the statement is true or false
Bates Company entered into the following transactions during its first year in business. Assume that all transactions involve the receipt or payment of cash. 1) Issued common stock to investors for $25,000 cash.2) Borrowed $18,000 from the local bank.3) Provided services to customers for $28,000.4) Paid expenses amounting to $21,400.5) Purchased a plot of land costing $22,000.6) Paid a dividend of $15,000 to its stockholders.7) Repaid $12,000 of the loan listed in item 2.Required: (a) Fill in the three column headings of the accounting equation in the first row of the table shown below.(b) Show the effects of the above transactions on the accounting equation. (a) ________ = ________ + ________ (b) Event No. 1) 2) 3) 4) 5) 6) 7) Totals
What will be an ideal response?