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sattari [20]
2 years ago
8

When preparing the statement of owner's equity, the beginning capital balance can always be found a.on the statement of cash flo

ws b.in the Income Statement columns of the work sheet c.in the Balance Sheet columns of the work sheet d.in the general ledger
Business
1 answer:
Paladinen [302]2 years ago
6 0

When preparing the statement of owner's equity, the beginning capital balance can always be found in the general ledger.

  • A general ledger is a book keeping ledger which shows the set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports.
  • Each account is a unique record summarizing a specific type of asset, liability, equity, revenue or expense.
  • The general ledger consists of all the individual accounts needed to record the assets, liabilities, equity, revenue, expense, gain, and loss transactions of a business. In most cases, detailed transactions are recorded directly in these general ledger accounts.
  • It helps you look at the bigger picture. Accounts including assets (fixed and current), liabilities, revenues, expenses, gains, and losses.

Thus the correct answer is option D.

To learn more about general ledger, refer: brainly.com/question/1436327

#SPJ10

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What is a sales quota? Group of answer choices
Nuetrik [128]

Answer:

Sales Quota is the amount of sales that an individual sales person or group of sales people is expected to make within a specific amount of time.

Explanation:

Sales Quotas are the goals of the sales team that they are expected to achieve in a given period of time. It can be monthly, quarterly, or yearly. Sales Quota can be based on one person or can be set for a team or a group.

This helps an organization to achieve sales and revenue targets. Managers are able to learn about the productivity of the team and their success rate with the help of Sales quota. Sales quota also motivate the team to do better and achieve the goals.

5 0
3 years ago
At the end of each of the past 14 years, Vanessa deposited $450 in an account that earned 8 percent compounded annually. (a) How
Travka [436]

Answer:

a) = $10,896.71

b) = $11,768.45

Explanation:

The question is divided into 2 parts

Part a) Amount in the account today

The formula to use is as follows:

FV of Annuity= P(1+r)∧n - 1)/r

P= Periodic Payment = $450

r= Rate of each period= 8%

n= the number of periods= 14

The account today is as follows:

FV = 450 x (1+0.08)∧14-1]/0.08

= $10,896.71

Part b) The formula to use is as follows:

FV = Future value = (1+r) * P * [ (1+r)n -1] / r

P= Periodic Payment = $450

r= Rate of each period= 8%

n= the number of periods= 14

= Fv= (1+0.08) * 450 * [ (1+0.08)^14 - 1] / 0.08

= $11,768.45

3 0
3 years ago
In the context of changing existing attitudes, when giving attitude-improving feedback to an employee, one should?
NeX [460]

when giving attitude-improving feedback to an employee, one should should deal with descriptions rather than judgements. This allows the person to have a detailed account of his/her attitude.

Judgements will raise critics and bias which will not help improve the attitudes of employees but rather cause stress and also affect their self esteem thereby affecting the work performance and decline in delivery.

On the other hand being descriptive is more optimistic and the employees can easily acknowledge their attitudes and take in account.

brainly.com/question/28504315

#SPJ4

4 0
1 year ago
A clothing store chain tracks the sale of each product at each location. Managers use this information to calculate the organiza
Ksivusya [100]

Answer:Flexible

Explanation:

According to the question, clothing store tracks the sale at each location so, they are taking a very large base of consumers and they are considering each consumer that is why the quality information is flexible.

Demands of each consumer may vary such that one wants cotton fabric, another wants polyester so this makes the information more flexible as it may vary largely.

3 0
3 years ago
Article IV of the Constitution obligates states to give this to one another's citizens.
enyata [817]
C i think grrr

enneves
3 0
3 years ago
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