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2 years ago

1 Gopal is the CEO of Gopal Leisure (GL). GL has a tall

1 answer:

3 0

A manager is known to be a person that does the work of supervising and motivating employees and they also aid or direct the progress of a firm.

<h3>What are the types of organizational structures?</h3>

An organizational structure is known to be a system that states out how the activities in a firm are directed so as to achieve the goals of the firm.

There are four types of organizational structures. They are;

Functional
Divisional
Flatarchy
Matrix structures.

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Recall the educational and other requirements for Geographers. What are some requirements that would be helpful to

Leviafan [203]

Answer:

master’s degree and GISP certification

communication skills, including reading, writing, listening, and speaking

analytical and critical-thinking skills

computer skills

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2 years ago

Read 2 more answers

A company sold merchandise with a cost of $217 for $390 on account. The seller uses the perpetual inventory system. The entry

Elden [556K]

Answer:a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $217

( The answer Is not in the options given)

Explanation:

The Perpetual inventory is a method of accounting for inventory which immediately records when an inventory is sold or purchased using the available point-of-sale software systems of the particular business.

In that regard , the entry to record cost of merchandise sold

Account titles Debit Credit

Cost of goods (Merchandise sold) $217

Merchandise Inventory $217

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2 years ago

Assume the following data for Casper Company before its year-end adjustments:

Ratling [72]

Answer:

a. Journalize the adjusting entry for the estimated customer allowances.

Dr Sales returns and allowances 10,500
Cr Customer refunds payable 10,500

The adjusting entry should = total sales x estimated percent of returns = $1,750,000 x 0.6% = $10,500

b. Journalize the adjusting entry for the estimated customer returns.

Dr Estimated returns inventory 8,000
Cr Cost of merchandise sold 8,000

This amount is given in the question, $8,000, so you need to record it as a decrease in COGS and an increase in returns inventory.

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3 years ago

On January 1, Puckett Company paid $2.97 million for 99,000 shares of Harrison’s voting common stock, which represents a 40 perc

Ira Lisetskai [31]

Answer:

Balance of Harrison's Investment in Puckett's Financial Records

= $2,905,000

Explanation:

To calculate the balance of Harrison's account in Puckett's financial records the following steps are applied.

Step 1: Calculate the percentage of reported Income that accruees to Harrsion in Puckett

=Reported Net Profit x Percent Investement of Harrison in Puckett

= $580,000 x 0.40= $232,000

Step 2: Calculate the Dividend Accrued to Harrison's Common Stok basd on the $3 dividend per share declared

= Total Number of Shares for Harrison x $3

=99,000 Shares x $3= $297,000

Final Step: Calcuate the balance of Harrision's Investment in Puckett

= Amount paid for 99,000 stock + Percentage of Reported Income Accrued to Harrison- Harrison's portion of Dividend declared

= $2,970,000 + $232,000- $297,000

= $2,905,000

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3 years ago

Wayne grants his cousin, Vinnie, a franchise in Wayne's local sandwich shop. Wayne writes the agreement so that he controls ever

aliya0001 [1]

Answer:

<u>Agence law.</u>

Explanation:

Agency law can be defined as an area of commercial law that deals with the relationship between a party that has legal authority to act in place of another, called an agent. The agent can be an individual, or some partnership or corporation. The agent deals with contractual, almost contractual and non-contractual fiduciary relationships.

The powers of the agency's law are to deal with contractual, almost contractual and non-contractual fiduciary relationships involving an agent.

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2 years ago