It is D. A part-time job to earn extra money.
Answer:
A.No entry is required
B.No entry is required
C.No entry is required
D.No entry is required
Explanation:
The Edward City Council
1. Record the journal entries for November 1, Year 1, if any.
No Entry Required
2. Record the journal entries for November 30, Year 1, if any.
No Entry Required
3. Record the journal entries for December 1, Year 1, if any.
No Entry Required
4. Record the journal entries for January 1, Year 2, if any.
No Entry Required
Answer:
A. An investing activity.
Explanation:
In the statements of cash flows for a given period end, the difference between the opening and closing cash balances for a period is recognized in 3 buckets of activities. These are operating, investing and financing activities.
When an asset is sold for cash, the proceed received from the sale is recognized as an inflow of cash in the section of investing activities in the cash flow statements.
Answer:
A. Limited information about the establishment on the company’s website.
Explanation:
A business is promising if they have complete information on their website. The credibility is made sure if the company has proper information that instigates trust among the consumer. The consumer can trust the company if they can reach it easily after the purchase and if the company has proper setup, both physical and virtual.
Therefore the correct answer is option A. Limited information about the establishment on the company’s website.
Answer:
False
Explanation:
The reputation can be permanently harmed when a conflict of interest is possible.
