Holz Disc Golf Course was opened on March 1 by Ian Holz. The following selected events and transactions occurred during March. Invested $20,000 cash in the business. Purchased Rainbow Golf Land for $15,000 cash. The price consists of land $12,000, shed $2,000, and equipment $1,000. (Make one compound entry.) Paid advertising expenses of $900. Paid cash $600 for a one-year insurance policy. Purchased golf discs and other equipment for $1, 050 from Stevenson Company payable in 30 days. Received $1, 100 in cash for golf fees (Holz records golf fees as service revenue). Sold 150 coupon books for $10 each. Each book contains 4 coupons that enable the holder to play one round of disc golf. Withdrew $800 cash for personal use. Paid salaries of $250. Paid Stevenson Company in full. Received $2, 700 cash for golf fees. Holz Disc Golf uses the following accounts: Cash, Prepaid Insurance, Land, Buildings, Equipment, Accounts Payable, Unearned Service Revenue, Owners Capital, Owners Drawings, Service Revenue, Advertising Expense, and Salaries and Wages Expense.

When an insured has health insurance that covers them at work and at home. Such policy was written on the basis known as occupational basis.

Occupation basis insurance refers to insurance that classifies the type of work for coverage purposes. When the insured is unable to work in a job that is reasonably suitable for them based on their education, experience, and age, any-occupation coverage kicks in.

In disability insurance policies, any-occupation policy terminology identifies the conditions under which a policyholder receives benefits. Hence, when an insured has health insurance that covers them at work and at home, such policy was written on the basis known as occupational basis.

Read more about Insurance

brainly.com/question/25855858

#SPJ1

The gap between what the government receives in taxes and other revenue and what it spends in a given year is referred to as the deficit. A surplus occurs when the government collects more money than it spends.

Deficit expenditure, commonly known as just deficit or budget deficit, is the amount by which spending exceeds receipts over a specific period of time and is the polar opposite of budget surplus. The phrase can be used to describe a government budget, a business budget, or an individual budget.

Deficits can relate to a variety of things, such as a trade deficit or a budget deficit (when you have less money than you expect to spend) (when you import more goods than you export). The budget deficit of the US government is one instance of a deficit.

Learn more about budget deficit here brainly.com/question/29602763

#SPJ4

The histogram's center stays relatively constant as sample size rises, the distribution's form gets more Normal, and the variability of the sample proportions declines.

The Central Limit Theorem's predictions concerning the sampling distribution model for sample proportions seem to be supported by these simulations. Among graphing tools, the histogram is widely used. It is utilized to encapsulate discrete or continuous data that is measured on an interval scale. It is frequently employed as a convenient way to highlight the key characteristics of the data distribution. As opposed to bar charts, which show categorical variables, histograms visualize quantitative or numerical data. Typically, a histogram's numerical data will be continuous (having infinite values). It would be absurd to attempt to show every potential value of a continuous variable along an axis. The frequency of the data values and a lot of data can be seen in histograms. A histogram allows one to ascertain the data's median and distribution.

Learn more about histogram here

https://brainly.com/question/29319197

#SPJ4

When they send out theirsend out their fundraising letterletter​, a philanthropic organization typically gets a returnreturn from about 55​% of the people on their mailing liston their mailing list. To see what the responseresponse rate might be in the​ future, they did a simulation using samples of size​ 20, 50,​ 100, and 200. For each sample​ size, they simulated 1000 mailingsmailings with success rate pequals=0.050.05 and constructed the histogram of the 1000 sample​ proportions, as shown in the accopmanying table. Explain how these histograms demonstrate what the Central Limit Theorem says about the sampling distribution model for sample proportions. Be sure to talk about​ center, shape, and spread.

Potential loss the most valuable alternative that is forfeited in order to engage in an activity

The expense of the alternative that we forego when we make a certain choice, along with the advantages that we might have reaped if we had opted for the alternative, is known as the opportunity cost. It is known as "the value of the best alternative not chosen." Because of their relevance and implied future decision-making, they are not documented in the accounting.

A consumer's increased enjoyment from owning one extra unit of a good or service is known as marginal utility. Economists utilise the idea of marginal utility to estimate how much of a given good buyers are willing to buy.

Learn more about opportunity cost

https://brainly.com/question/24319061

#SPJ4

Under efficient diversification:

Efficient diversification refers to the organizing principle of porftolio theory that maintains any risk-averse investors to search for the highest expected return for any particular level of portfolio risk. Efficient diversification is a strategy investors use to spread risk and provide protections and opportunities to earn money.

However, a portfolio with the highest potential return might not always be the best portfolio with the least uncertainty of return. A good portfolio has reliable and effective portoflio with varying degree of potential return and uncertainty.

Learn more about Efficient Diversification here: brainly.com/question/29435399

#SPJ4

You have a $1,000 loan at 8% annual simple interest with 9 months period. At the end of 9 months you have to pay  $1,060.

Simple interest is the cost of a loan without taking compounding into account. Simply put, simple interest only relates to the principal amount.

Using the simple interest, the amount of interest is given by:

I = PRT

Where:

P = principal amount

R = interest

T = time period

Information available in the problem:

P =  $1,000

R = 8% = 0.08

T = 9 months = 9/12 = 0.75 years

Plug these parameters into the formula:

I = 1,000 x 0.08 x 0.75 = 60

The amount you owe is the sum of the principal and the interest. Hence, the amount you have to pay is:

1000 + 60 = $1,060

Learn more about interest here:

https://brainly.com/question/25793394

#SPJ4

The correct answer is option d. One factor that is not typically considered as an underlying issue when determining the proper valuation of a venture is the emotional bias of the seller.

When determining the proper valuation of a venture set to be acquired, it is important to consider a range of underlying issues that can impact the value of the venture. However, not all factors are equally relevant or important in every acquisition scenario.

Emotional bias refers to the influence of personal feelings or sentiments on a person's judgment or decision-making. In the context of a venture set to be acquired, the emotional bias of the seller could refer to the seller's attachment to the venture, their personal feelings about the potential buyer, or other emotional factors that may impact their willingness to sell the venture at a certain price.

While emotional bias can play a role in negotiations between a buyer and a seller, it is not typically considered as an underlying issue when determining the proper valuation of a venture. Other factors that are more relevant to the valuation of a venture set to be acquired include the reasons for the acquisition, the differing goals of a buyer and seller, and the amount of risk involved in an acquisition.

To know more about valuation refer to-

brainly.com/question/16008101#

#SPJ11

The statement "Legally mandated arbitration is nonbinding arbitration" is False.

Arbitration is an alternative dispute resolution method involving a neutral third party, an arbitrator, making a decision in a dispute. Binding arbitration means that the decision made by the arbitrator is final and binding on the parties, and they are required to comply with the award. On the other hand, non-binding arbitration means that the arbitrator's decision is not final, and either party can reject it.

Legally mandated arbitration is typically binding arbitration, meaning that the parties must comply with the arbitrator's decision. The purpose of legally mandated arbitration is to provide quick and efficient resolutions to disputes without requiring formal court proceedings.

To learn more about Legally mandated arbitration, visit here

https://brainly.com/question/5387989

#SPJ4

The correct option is D. Monopolistic competition competitive macroenvironment do many athletic shoe manufacturers, including Nike, New Balance, Adidas, and more recently, Under Armour, vigorously compete with one another for consumers.

Models of monopolistic competition are frequently used to model industries. Textbook examples of industries with marketplace structures just like monopolistic opposition consists of restaurants, cereals, clothing, footwear, and provider industries in massive cities. The "founding father" of the principle of monopolistic opposition is Edward Hastings Chamberlin, who wrote a pioneering book on the problem, the idea of Monopolistic opposition (1933).

Monopolistic opposition is a sort of imperfect opposition such that there are many manufacturers competing against each other, however, selling merchandise that might be differentiated from one another (e.g. via branding or first-rate) and as a result are not ideal substitutes. In monopolistic competition, a company takes the fees charged by its rivals as given and ignores the impact of its very own fees on the charges of different organizations. If this happens within the presence of a coercive government, monopolistic opposition will fall into an authorities-granted monopoly. unlike the best competition, the agency continues spare potential.

To learn more about Monopolistic competition visit here:

brainly.com/question/29612892

#SPJ4

The vast majority of American workers work in the service sector. In July, 107.8 million people (71% of all non-farm payroll employees) were employed in the private service industry, according to the BLS's latest employment report.

Work is an important activity that must be carried out by humans to meet their daily needs. Jobs have two types, namely jobs that produce goods and jobs that produce services. Jobs that produce services are jobs that use skills, services, services, or skills as a result of their work. These jobs are very close to our environment, such as in the fields of health, education, security, tourism, and design. Usually service jobs function to help, protect, and serve the community.

You can learn more about Work here brainly.com/question/18094932

#SPJ4

1. An asset account is multiplied with a debit

2. owner's fairness is increased with a credit

3. To place an amount on the left-hand side of the T account is to the account credit score

4. The prepaid insurance account is elevated by coming into a debit

5. The drawing account is decreased by way of coming into a debit

6. The debts payable account is reduced with a credit score

7. The owner's capital account is increased with a credit score

8. The wages fee account is extended with a debit

9. The fees earned account is accelerated with a credit

10. The equipment account is reduced with a debit

An account is a unique area in the fashionable ledger used for recording stability along with a history of adjustments to that stability. A widespread ledger carries all the bills for recording transactions referring to an organization's property, liabilities, proprietors' equity, sales, and prices.

An enterprise needs a device to manage its cash. Business debts are used to music the coins balance, money owed to the enterprise, money owed to lenders, and payroll paid to employees. The number of accounts a business needs will vary, but business accounts are time-honored for all corporations. bills payable are a listing of money owed the commercial enterprise owes to its lenders. Examples of those forms of money owed consist of mortgages, car notes, and contours of credit extended to the commercial enterprise via different groups. This account is different from ordinary business charges because they're lengthy-term or revolving debts. payments on this money owed are commonly allotted from the enterprise' checking account.

To learn more about The Account visit here:

brainly.com/question/22917325

#SPJ4

The time it takes for a state tax refund to be deposited after it has been accepted by the state tax authority can vary depending on several factors, including the method of refund (e.g. direct deposit or check).

The state's processing time, and any potential delays or holds on the refund.

For a direct deposit refund, it typically takes 7-14 business days for the funds to appear in your account after the state has accepted your return. If you received a refund check, it may take longer, potentially up to 4-6 weeks, for the check to be mailed and cleared by your bank.

It's important to keep in mind that these are general estimates and the actual time it takes for a state tax refund to be deposited may vary depending on the specific circumstances, including the state in which you live and the time of year. Some states may have longer processing times during peak tax season, for example. Additionally, if there are any errors or discrepancies in your tax return, this could delay the processing and deposit of your refund.

For such more question on state tax refund

https://brainly.com/question/30467440

#SPJ4

Tom would not be required to pay any tax on those gains. The tax rates on qualified dividends are identical to those on long-term capital appreciation.

While investment income is not taxable under social security taxes, earning income is.

Tax evasion is against the law, but tax avoidance is not. The marginal tax rate is often higher than the average tax rate.

What tax consequences do mutual fund sales have?

In equity funds, short-term capital gains are taxed at a rate of 15% plus a 4% cess if the units are purchased since each year has passed. If the gain within a fiscal year exceeds Rs 1 lakh, long-term tax on capital gains in equity investments is 10% + 4% cess. Long-term capital gains are completely income equivalent to Rs 1 lakh.

To know more about tax click here

brainly.com/question/10714011

#SPJ4

Purple Consulting provides services to clients to help grow their business and increase profit. The five consultants work together to develop and implement initiatives to increase revenue and client base.

The consultants are responsible for providing services to clients, which may include but are not limited to:

In addition to client services, the consultants also focus on business development, client acquisition, and management of the firm's operations. Each consultant is expected to use their expertise to develop and implement new initiatives that will increase the firm's revenue, profitability, and client base.

Learn more about Purple Consulting: https://brainly.com/question/30425902

#SPJ4

Operating activities involve purchasing goods from suppliers, designing and manufacturing products, and selling products to customers.

One who purchases goods or services from another company is referred to as a customer. Because they bring in money, customers are important. Organizations would cease to exist without them. One who purchases goods or services from another company is referred to as a customer. Customers are critical to a company's success because they provide income; without them, the company would have to close its doors. Client, consumer, buyer, and patron are a few synonyms for "customer." These terms each have a unique method of describing clients. A professional, such as an accountant or lawyer, may be hired by a client. One who purchases products or services is referred to as a consumer. The price and the number of units sold can both be influenced by customers.

Learn more about customers here

https://brainly.com/question/380037

#SPJ4

Expectations theory states that long-term rates equal the average of expected future short-term rates. Market segmentation suggests that long-term rates are influenced by the supply and demand dynamics of the long-term bond market. Liquidity premium theory argues that long-term rates include a premium for the illiquidity of long-term bonds compared to short-term bonds.

Expectations theory assumes that investors are rational and have a consistent view of future short-term rates. Market segmentation theory recognizes that different markets, such as the short-term and long-term markets, can have distinct supply and demand forces.

Liquidity premium theory considers the idea that long-term bonds are less liquid than short-term bonds, and investors demand a higher yield to compensate for this lilliquidity. These theories attempt to explain the determination of the term structure of interest rates, but in practice, all three factors likely play a role.

To know more about Liquidity premium click on the link below:

https://brainly.com/question/30323954#

#SPJ11

Transfer to another account

An account is a unique place in the standard ledger used for recording stability together with a history of adjustments to that balance. A well-known ledger consists of all the bills for recording transactions relating to an organization's property, liabilities, owners' fairness, sales, and expenses.

An enterprise bank account is a bank account that is used handiest for enterprise transactions instead of the non-public price range. it can be opened in the call of the enterprise, allowing payments to be made and obtained using the enterprise's call. commercial enterprise financial institution accounts operate in a similar way to private financial institution money owed. Accounting is the technique of recording financial transactions pertaining to an enterprise. The accounting procedure consists of summarizing, studying, and reporting those transactions to oversight companies, regulators, and tax collection entities.

To learn more about The Account visit here:

brainly.com/question/22917325

#SPJ4

The independence of the auditor(s) is maintained when the external auditors report to the audit committee.

The independence of auditors is crucial to ensure impartial and objective assessments of financial statements and internal controls. When the external auditors report to a body with direct responsibility for the financial reporting process, such as the CEO or the controller, there is a risk of undue influence or pressure on the auditor to provide a favorable opinion, which can compromise the auditor's impartiality.

In contrast, reporting to an independent audit committee, composed of members of the board of directors, enhances the auditor's independence and helps ensure that the audit is conducted in a manner that is free from undue influence and in the best interest of stakeholders. This helps to strengthen the credibility of the auditor's opinions and the reliability of financial information.

To learn more about audit click here:

https://brainly.com/question/14652228

#SPJ4

The correct question is given as:

In which of the following scenarios is the independence of the auditor(s) maintained?

A. the external auditors report to the CEO and Board of Directors.

B.  the external auditors report to the CEO.

C. the external auditors report to the controller.

D. the external auditors report to the audit committee

Correct option is A.

In the quick run, a limit in production costs of a product will shift each the demand curve and the grant curve to the right.

Causes of Shift in Short-Run Aggregate Supply

Some of the elements that would shift the SRAS curve consist of adjustments in commodity prices, nominal wages, productivity, and future expectations about inflation. In general, a shift to the right of the SRAS curve lowers the typical costs and raises the output produced.

When both the demand curve and the provide curve shift rightward, the equilibrium quantity increases, but the equilibrium fee can also increase, reduce or remain unchanged, depending on the magnitude of shifts in the the two curves.

Learn more about short-run supply curve here:

Zappos' core competencies are strong customer service, extensive product selection and innovative corporate culture. 

Each of its competencies is explained as follows-

1. Exceptional customer service: Zappos is known for providing a high level of customer support, with a focus on building long-term relationships with customers.

2. Wide product selection: Zappos offers a large selection of shoes, clothing and accessories, making it a one-stop shop for customers.

3. Innovative corporate culture: Zappos has a unique company culture that emphasizes creativity, transparency, and employee empowerment.

4. Strong brand reputation: Zappos has a strong brand reputation built on its commitment to customers and its unique company culture.

5. Technology and e-commerce expertise: Zappos leverages technology and e-commerce to offer customers a seamless shopping experience.  

To know more about Zappos, visit – 

https://brainly.com/question/17242840 

#SPJ11

A customer benefit package (CBP) is a specifically defined group of tangible (goods-content) and intangible (services-content) elements that the consumer is aware of, pay for, utilizes, or experiences.

A CBP is, to put it simply, a collection of products and services that have been organized in a specific way to benefit clients. Peripheral products or services are those that complement the core good or service but are not necessary to provide it. A variation is a CBP feature that differs from the basic CBP and is typically location- or company-specific. Transporting goods to consumers is referred to as distribution. It is also employed to define the breadth of a product's market reach.

For more details on consumers click here:

https://brainly.com/question/1213062

#SPJ4

In marketing, the idea of exchange refers to the process through which any buyer and seller trade something of value.

Any time two or more individuals exchange goods or services, it is considered a marketing transaction. Every trade is expected to result in "utility" according to marketing theory, which means the exchange process comprises the act of receiving a desired object from someone by providing something of value in exchange. The goal of a marketing transaction is to obtain a benefit that is more desired than the exchanged goods or services. In other words, it involves a benefit that outweighs the expense. In order for the parties to the trade to make their valuable item available, they must be able to interact with one another.

To learn more about marketing transaction click here

brainly.com/question/12871303

#SPJ4

Yes, that's some of the information you can find on a credit report. In addition, credit reports usually include the following information:

A credit report is an important tool that provides lenders, lenders and other financial institutions with an overview of your credit history and helps them determine your creditworthiness. It is important to review your credit report regularly to ensure its accuracy and to find errors or fraudulent activity.

A credit report is a comprehensive record of an individual's credit history, including information about their credit accounts, payment history, credit inquiries, and public records. It is administered by credit reporting agencies, such as Equifax, Experian, and TransUnion, and is used by lenders and other financial institutions to assess a person's creditworthiness when they apply for a loan, credit card, or other type of credit.

You can learn more about credit report here brainly.com/question/2989702

#SPJ4

According to HIPAA, if a withdrawal is utilized to pay medical expenses that total more than 7.5% of the person's adjusted gross income, the 10% excise tax for early withdrawal from IRAs will not be applied.

Normally, an early IRA withdrawal is subject to a 10% excise tax. Your primary care doctor (PCP) is the gatekeeper for those with conventional HMOs. Your entire medical care is supervised and managed by this doctor. The gatekeeper is responsible for approving all medical examinations and procedures, as well as directing you to specialists for extra medical care. Mortality and interest are the two underlying ideas that determine the premium rate for a life insurance policy. A third factor is the expense factor, which is the sum the business adds to the price of the policy.

For more details about  gatekeeper it, click here:

https://brainly.com/question/2297216

#SPJ4

Telecommuting. Some jobs, referred to as virtual labour, allow employees to work from home.

Employees that participate in telework, telecommuting, or remote work have flexible working hours and locations. To function, they connect via telecommunications. While many people use mobile telecommunications technology to work from coffee shops or other locations, others, sometimes known as nomad workers or online commuters, do so from their homes. A larger definition of telework is the use of telecommunications to replace any type of work-related travel, which removes the geographical constraints of telecommuting. A "telecommuter" is a person who works from home. Work is something you do, not somewhere you travel to, according to some telecommuters.

To know more about Telecommuting please refer:

https://brainly.com/question/15223424

#SPJ4

Control Board for Change (CCB). The project sponsor and other top management members are frequently included in this group of important stakeholders. Some businesses have a Modification Control Board that examines all project change requests.

Rearrange the scope: Simply move the additional requirements to a later stage of the project. Before putting this strategy into practice, it is important to clearly understand the new budgeting, resource allocation, and time requirements.

The main objectives of change control are to prevent unauthorized changes, lessen errors, and maximize resource allocation. To make the process more efficient, it should take the scope and complexity of the modification into account.

To know more about project  visit:

brainly.com/question/17330050

#SPJ4

The external environment and associated challenges, the firm's internal strengths and resources, the role of strategic leadership and the strategy making process and the firm's business model and competitive advantages.

One or more of the organization's goals may be attained through the use of strategy by management. Another way to define strategy is as "A general direction specified for the company and its numerous components to achieve a desired condition in the future." Every choice made and action done by a company in pursuit of the wider goal is referred to as part of its business strategy. Businesses can become industry leaders by understanding what a company plan is and how to implement it successfully. Simply said, the ability to plan for the future is the essence of strategic thinking. It is the ability to plan strategies and conceive of concepts that will be able to deal with changing environments and take into account the numerous issues that will be faced in the future.

Learn more about strategy here

https://brainly.com/question/27747591

#SPJ4

The following option that is not possible to performed by an identity thief is send malware into a bank's online accounting system. That's because every bank system has strict data security so it's impossible for malware to damage it.

In economic and business, Theft generally can be defined as the act of taking another person's property or services without that person's permission. A theft also can be defined as a consent with the intent to deprive the rightful owner of it. Theft can be classified into several types, there are embezzlement, shoplifting, fraud, and robbery.

Here you can learn more about theft identity https://brainly.com/question/17112484

#SPJ4

It is accurate to say that the party in power typically performs well when the economy is strong.

Food, clothing, vehicles, electronics, and furniture are a few examples of commodities that are frequently used. Services make up the other major economic value group.

"When the size of the economy is expanding, the economy is in a phase of expansion, according to Peter (GDP is increasing). It is typically referred to as a boom if the amount or rate of this expansion or growth is extremely high and lasts for a very long time (also called an economic boom). The opposite of a recession would be a boom.

To know more about economy visit:-

https://brainly.com/question/30287931

#SPJ4