Sometimes you will use Debit to increase an account (ie: Assets) and sometimes you will use Credits to increase an account (ie: Liabilities)
It is known as lateral transfer.
A transfer is a horizontal or lateral movement of a person from one job, section, department, shift, plant, or position to another in the same or another location with the same wage, status, and responsibilities.
A lateral move is a job movement in which a person transfers from one position to the another with minimal change in compensation, title, or level. However, even if you do not receive a promotion, a lateral transfer does not guarantee that one will not gain the new experiences or develop new abilities.
Therefore, the answer is lateral transfer.
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Answer:
$46,400
Explanation:
The computation of the absorption costing net operating income last year is shown below:
= Net operating income under variable costing + Fixed overhead deferred in ending inventory - Fixed overhead released in beginning inventory
= $74,000 + $0 - $27,600
= $46,400
All other information which is given in the question is not relevant. Hence, ignored it
Answer: 18.43%
Explanation:
Based on the information given, the cash flow on total assets ratio will be calculated as:
= (net cash flows from operations / average total asset) × 100
= ($341,000 / $1850000) × 100
= 18.43%
Therefore, the answer to the question is 18.43%
1.Computer software
2.Operate fax machines
3.Answer routine letters and email
