Glebe Company accepted a credit card account receivable in exchange for $1,100 of services provided to a customer. The credit card company charges a 5% fee for handling the transaction. What effect will the collection of cash from the credit card company have on the elements of the financial statements

Which best describes what financial planning skills ultimately enable an individual to do? to prepare for the future to determine lifetime income to determine the cost of living to learn from the past

For each of the following situations, indicate whether you agree or disagree with the financial reporting practice employed and state the basic assumption, component, or accounting principle that is applied (if you agree) or violated (if you disagree).wagner corporation adjusted the valuation of all assets and liabilities to reflect changes in the purchasing power of the dollar. spooner oil company changed its method of accounting for oil and gas exploration costs from successful efforts to full cost. no mention of the change was included in the financial statements. the change had a material effect on spooner's financial statements. cypress manufacturing company purchased machinery having a five-year life. the cost of the machinery is being expensed over the life of the machinery. rudeen corporation purchased equipment for $180,000 at a liquidation sale of a competitor. because the equipment was worth $230,000, rudeen valued the equipment in its subsequent balance sheet at $230,000.davis bicycle company received a large order for the sale of 1,000 bicycles at $100 each. the customer paid davis the entire amount of $100,000 on march 15. however, davis did not record any revenue until april 17, the date the bicycles were delivered to the customer. gigantic corporation purchased two small calculators at a cost of $32.00. the cost of the calculators was expensed even though they had a three-year estimated useful life. esquire company provides financial statements to external users every three years.

Apolling company reported that 57​% of 1013 surveyed adults said that cellular phones are "quite annoying." complete parts​ (a) through​ (d) below. a. what is the exact value that is 57​% of 1013​? the exact value is 577.41. ​(type an integer or a​ decimal.) b. could the result from part​ (a) be the actual number of adults who said that cellular phones are "quite annoying" question mark why or why​ not? a. ​no, the result from part​ (a) could not be the actual number of adults who said that cellular phones are "quite annoying" because that is a very rare opinion. b. ​yes, the result from part​ (a) could be the actual number of adults who said that cellular phones are "quite annoying" because the results are statistically significant. c. ​yes, the result from part​ (a) could be the actual number of adults who said that cellular phones are "quite annoying" because the polling numbers are accurate. d. ​no, the result from part​ (a) could not be the actual number of adults who said that cellular phones are "quite annoying" because a count of people must result in a whole number. c. what could be the actual number of adults who said that cellular phones are "quite annoying" question mark the actual number of adults with this opinion could b