Simar Sales Co. sells and installs kitchen appliances. Simar guarantees parts and labor for one year after installation. Simar would record potential claims in a(n) _______ account.

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Answer 1

Based on accounting principles, Simar Sales Co. sells and installs kitchen appliances. Simar guarantees parts and labor for one year after installation. Simar would record potential claims in a(n) Warranty Liability account.

This is because a Warranty Liability account is a type of account that is established to record the number of the repair or replacement costs that a company expects to incur for commodities already shipped or services already conducted.

Warranty Liability account or Estimated Warranty Liability account are used mostly by firms that offer products that have warranty periods.

Hence, in this case, it is concluded that the correct answer is a Warranty Liability account.

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Answer 2

Answer:

Estimated Warranty Liability

Explanation:


Related Questions

what famous type of cryptocurrency was recently valued at more than $64,000 per unit, though its value has fluctuated wildly in the past?

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The famous cryptocurrency that was recently valued at the staggering amount of $64,000 is Bitcoin.

Bitcoin:

Is the most popular cryptocurrency there is Has had its value fluctuate wildly in the past Was recently valued at $64,000.

Bitcoin was the first cryptocurrency and has seen its value change wildly in the past due solely to the forces of supply and demand. It is however going strong at the moment.

In conclusion, the crypto described is Bitcoin.

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The entry to record the issuance of 100,000 shares of $0.10 par value common stock for $10 per share is debit ______.

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The entry to record the issuance of 100,000 shares of $0.10 par value common stock for $10 per share will be:

Debit Cash for $1,000,000.Debit common stock $10000Debit Additional paid-in-capital $990000.

Based on the information given in the question, the amount that will be calculated for cash will be:

= 100000 × $10

= $1000000

Common stock will be:

= 100000 × $0.10

= $10,000

Additional paid in capital will be:

= $1,000,000 - $10,000

= $990,000

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At a recent soccer tournament, a local beer distributor gave free coolers to all adults with a paid admission. What is this an example of

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Answer:

Sales promotion

Explanation:

At a recent soccer tournament, a local beer distributor gave free coolers to all adults with a paid admission is sales promotion mix activity.

What is Promotion mix?

To accomplish a certain marketing objective, a promotional mix combines marketing strategies such as direct marketing, sales, public relations, and advertising.

Public relations, personal selling, sales promotion, and advertising make up the promotion mix's four main components.

Whereas a transitory campaign or offer is used by a company as part of a sales promotion to raise interest or demand in its product or service. A company may decide to utilize a sales promotion (or "promo") for a variety of reasons, but the main one is to increase sales.

Thus local beer distributor use sales promotion mix strategy.

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List 5 Entrepreneural qualities​

Answers

Explanation:

resolute motivation and passion, creative thinking, self discipline, risk taking ability, and persistence

A certain manufacturing process might 5 hours in the best-case scenario, 7 hours in the most likely situation, or 10 hours under the worst possible circumst
approximately the most realistic duration the process might take according to PERT?
OA.
5 hours
OB.
6 hours
OC. 7 hours
OD. 8 hours

Answers

Answer:

i think its 6 hours

Explanation:

When renting an apartment, in addition to the first month's rent, the amount to move-in often requires the last month's rent as well as a security deposit. The rent is $725 per month and the security deposit is $900. How much money must be paid to the apartment management to be able to live in the apartment the first year? Assume that the renters moved out at the end of the first year. A. $9,425 b. $9,600 c. $10,325 d. $11,050.

Answers

Answer:

B/9600 yw

Explanation:

In an insurance contract, the insurer is the only party who makes a legally enforceable promise. What kind of contract is this

Answers

Answer:

Unilateral Contract

Explanation:

Which of the following most directly made possible the ideas described in the excerpt? The emergence of monopolies that dominated entire businesses Answer A: The emergence of monopolies that dominated entire businesses A Innovations including textile machinery, steam engines, and interchangeable parts Answer B: Innovations including textile machinery, steam engines, and interchangeable parts B Farmers’ creation of local, regional, and national organizations that resisted corporate power Answer C: Farmers’ creation of local, regional, and national organizations that resisted corporate power C The significant influence of organized labor unions

Answers

Answer:

innovations including textile machinery, steam engines, and interchangeable parts

Explanation:

Through innovations like textile technology, steam engines, and interchangeable parts, monopolies that controlled the entire industry began to form.

What is a monopoly?

Monopoly is when there is little to no competition and consumers are compelled to purchase a specific good or service from one company when one business and its product dominate an entire industry.

Monopolies are prohibited in free-market systems because they restrict customer options and reduce competition. A monopoly limits the range of available product options and makes it challenging for competitors to enter the market. Monopolies could lead to unethical corporate practices. Certain monopolies, such as those in the power industry, are subject to government regulations.

Antitrust laws are in place in the US to prevent monopolies and ensure that one business cannot control a market and use that control to exploit its customers.

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What is the allowance provided to an employee (salon manager) in charge for a full week?

Answers

Answer:

$44.98 per week

Explanation:

This allowance is based on a working condition or a disability as part of working a shift.

4. For a 10% $1,000 coupon bond, when the market interest rate is greater than 10%, the value of the bond:

Answers

Facts bro that’s so crazy

Private and public sector organizations that must follow HIPAA provisions are called ____________________.

Answers

Answer:

covered entities

Explanation:

clarisse wants to pick up her new air fryer at target. the air fryer had been out of stock, but customer service assured clarisse that she could pick it up on tuesday after 1 pm. what do target employees use to ensure the air fryer will be in stock at the store and ready for pick up?

Answers

Mobile Task Manager (MTM) is simply known to be well customize application or software. Target employees will make use of mobile task management technology to ensure the airfryer will be in stock at the store and ready for pick up.

The Mobile Task Manager is known to assist or helps engineers and property team members to manage service request and also work order and preventative maintenance tasks on the fly or easy way.

It is said to have new features to improve functionality and its use.

A project management software also as a mobile app helps one to view one's software from your mobile device from anywhere at any time.

The full question is below

Clarisse wants to pick up her new air fryer at target. the air fryer had been out of stock, but customer service assured clarisse that she could pick it up on tuesday after 1 pm. what do target employees use to ensure the air fryer will be in stock at the store and ready for pick up. What do Target employees use to ensure the airfryer will be in stock at the store and ready for pick up?

O product development software

O mobile task management technology O advanced shipping notices fulfillment centers

O routing systems

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what method is recommended for a weekly review of the tasks on your to-do list?

Answers

Answer:

Delete it, Do it now, or Defer it.

Explanation:

The three D method is recommended for a weekly review of the tasks on your to-do list which includes Delete it, Do it now, or Defer it.

What is the importance of a weekly review of the tasks?

The importance of weekly review of the tasks plays a significant role in an individual's improvement and growth. It enables people to get ready for the upcoming week. To ensure that everything is completed correctly, it is also used to prioritize your activities.

A chance to proactively influence your life is presented through a weekly evaluation. It's an opportunity to be in alignment with your objectives and make sure that the everyday work you conduct is advancing those objectives.

The three D methods involve deleting the completed task after evaluating them and preparing a schedule for the upcoming task and marking them on the priority list in order to complete it in a timely.

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Inflation can be calculated in terms of how the overall cost of ___________________ changes over time. all goods the basket of goods all goods and services all services

Answers

One way that inflation can be calculated is how overall cost of all goods and services experience a change with respect to time.

Inflation can be regarded as a  rate of increase in prices of goods as well as services in a given period of time.

To measure this then the overall goods and services must be considered and how it changes in price with time.

Therefore, Inflation are measured with time.

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Answer:all goods the basket of goods all goods and services all services

Explanation:

A moment of truth occurs when employees and ________ have contact. Group of answer choices Skill Customer Product Place

Answers

Answer:

Customer.

A moment of truth occurs when employees and the customer have contact.

I hope this helped at all.

HELPPPP ASAP GIVING BRAINLESS IF THE ANSWERS ARE CORRECT.

Use these words to answer the questions:
raw material, social, decision making, economic, labour, unemployment, personalized ​

Answers

unemployment, decision making, personalised, social, raw material, economic

When 100% peak effort from the most skilled and efficient workers is assumed, the direct labor hours required per unit is being set using

Answers

Answer:

ideal

Explanation:

When 100% peak effort from the most skilled and efficient workers is assumed, the direct labor hours required per unit is being set using ideal method.

What is term direct labor hour about?

The term direct labor hour refers to as a number of direct labor that are required for production in a manufacturing unit.

A specific task is being assigned to the direct labor, Based on their assigned task the wages of particular labor is calculated.Workers who finish by the time they are supposed to are paid higher.

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What other options does an employer have other than terminating an employee?

Answers

Anything Something as simple as moving the employee to another position, altering their current position, or providing continued learning to build their skill set could resolve the issue. It may sound simple, but sitting down with your employee to discuss an issue of poor performance could be enough to change their course.

Property received through a contribution is to be recognized at its fair market value and offset with a credit entry to a: Additional Paid-in Capital account. Contribution Revenue account. Miscellaneous Gain account. Paid-in Capital account.

Answers

Answer:

additional paid in capital accound

_____ is part of the ________ process and occurs when the company is trying to increase its inventory.

Answers

Considering the accounting principles, the Make-to-stock; is part of the production process and occurs when the company is trying to increase its inventory.

This is because Make to Stock, otherwise referred to as MTK, is a method business owner often use to ensure the product is readily available and delivered at the point of purchase.

Make to Stock is a traditional method of production that is carried out in the hope that consumers will soon come and buy the products. Thereby, the company produces huge products at a given time and stores them as inventory.

Hence, in this case, it is concluded that the correct answer is "Make to stock; production, " respectively.

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the redwood company determined that its balance in its accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue. these findings are the result of

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Considering the situation described above, these findings are the result of "Vertical Analysis."

This is because Vertical Analysis is a form of analysis conducted in a business firm to express their financial statements.

It is written or described in percentages or proportional calculation.

In vertical analysis, the items on the documents are represented as a percentage of another item, such as accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue.

Hence, in this case, it is concluded that the correct answer is "Vertical Analysis."

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True or false: The key to success for companies in a capitalist economy is to remain inflexible during times of change.

Answers

It is false that the key to success for companies in a capitalist economy is to remain inflexible during times of change.

This is because times of change often involve changes in technology or customers' tastes. Any company that refuses to yield to change in technology or consumer taste risks the chance of remaining stagnant in the market.

Not only that, when a company remains inflexible during times of change, such a company tends to lose many customers.

For example, the failure of Nokia to use android early in its mobile phone product due to technological change cost them losing many customers.

Hence, in this case, it is concluded that the correct answer is False.

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what action should a member take if it is believed that an opsec disclosure has occurred?

Answers

Report the OPSEC disclosure to your OPSEC representative or the EUCOM OPSEC PM.

In order to anticipate demand, advertising and promotions must be coordinated with the departments that control inventory. store managers. human resource departments. fulfillment centers. customers.

Answers

Answer:

Tayo ang para sa isat isa....di ba sinta tayo dalawa lang noon para sa isat isa ...bat di sumangayon sa ating ang panahon,

Explanation:

chorus:

siguro ngay wala ng natira sa alam....

Based on expectations of the team, of the organization, and of themselves, what do the members of the team often develop?

Answers

Answer:roles

Explanation:

While fallon worldwide was working with arby’s executives on its campaign, it was decided that the ________ for the campaign should be to increase demand for arby’s other menu items since arby’s consumers primarily associated the restaurant with roast beef and lacked an awareness of arby’s other protein offerings.

Answers

The target audience is simply known to bee the consumer to which goods are intended for. While Fallon worldwide was working with Arby’s executives on its campaign, it was decided that the advertising objective for the campaign should be to increase demand.

Advertising is known to consist of some primary objectives such as to inform, to persuade, and to remind.

The goal is simply to make consumers to take action and switch brands, try a new product, or remain loyal to a current brand.

Advertising is kknown as a printed, written, oral and illustrated art of selling. that is aimed to encourage sales of the advertiser's products.

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What factors do you think result in the relationship between neighborhood demographics and the cost of an overdraft fee? Explain your reasoning

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The factors which result in the relationship between neighborhood demographics and cost of an overdraft fee is the number of people living in the location.

Neighborhood demographics refers to the details of people living in a specific states, city or town.

The overdraft fee refers to the service fees that are charged by banks for customers uses of its overdraft service.

The overdraft fee of banks in different location might varies because of the numbers of banks users in the location.

If the bank users in the location are high, the cost of overdraft fee may be set at low price because of the number advantage.

Therefore, the factors which result in the relationship between neighborhood demographics and cost of an overdraft fee is the number of people living in the location.

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Leah wants to get a home loan from her bank. Which agency would regulate that loan to ensure it is fair? FDA- Food and Drug Administration SEC- U. S. Securities and Exchange Commission CFPB- Consumer Financial Protection Bureau FCC- Federal Communications Commission.

Answers

When a person wants to get a loan from a bank, the agency that ensures they are protected is the CFPB- Consumer Financial Protection Bureau .

The Consumer Financial Protection Bureau:

Was created to protect the public when they seek loans Enforces financial laws aimed at keeping the financial industry fair

The CFPB is therefore the agency that will look into Leah's loan to make sure that she is being treated fairly and is not being charged too much interest.

In conclusion, the agency is the Consumer Financial Protection Bureau.

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C. CFPB- Consumer Financial Protection Bureau

when one department store authorized thousands of its sales clerks to handle functions normally reserved for store managers, such as handling merchandise-return problems and approving customers’ checks, the store implemented a job ________ technique.

Answers

Job enrichment is simply known as a way of motivating employees through job been designed to have interesting and challenging tasks. The store implemented a job enrichment technique

Job enrichment often widen the scope of task set that an individual want to perform, and the skills that the individual can develop.

It makes for more interesting and interesting work, and gives variety, challenge and depth to your daily work.

It add dimensions to existing jobs to make it more interesting.

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joe has cash in a savings account totaling $7,500, and his monthly expenses are $2,500. what is his emergency fund ratio?

Answers

Based on the information given his emergency fund ratio is 3.

Using this formula

Emergency fund ratio=Amount saved/Monthly expenses

Where:

Amount saved=$7,500

Monthly expenses=$2,500

Let plug in the formula

Emergency fund ratio=$7,500/$2,500

Emergency fund ratio=3

Inconclusion  his emergency fund ratio is 3.

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