Answer:
d. a copy of a receiving report is sent to the cashier
Explanation:
In the case of the horizontal flows with respect to the account payable or cash disbursements, it involved the invoice i.e. collected from the vendor, the voucher i.e. returned and the approved disbursement voucher is sent to the cashier but it does not involve the receiving report that sent to the cashier
Therefore the correct option is d.
A witness testimony would be direct evidence. Hope you found that helpful :)
Answer: C. grant Mary the legal rights for the property.
Explanation:
Agents are not to use the knowledge that their principal paid them to acquire or that they acquired for the use of their principal for themselves.
If Mary bought a property knowing that Karen wanted to buy that property, the Court will award the title to Karen because Mary has violated her duty not to use knowledge of information intended for her principal for her own benefit.
Answer:
A teacher is a beautiful gift given by god because god is a creator of the whole world and a teacher is a creator of a whole nation. A teacher is such an important creature in the life of a student, who through his knowledge, patience and love gives a strong shape to student's whole life.
The entry is record in book as
Date Particular L.F. Dr. Amt. Cr. Amt.
Income summary a/c $460,500
To Mo a/c $69,300
To Lu a/c $269,500
To Barb a/c $431,200
What is net income?
The total amount of firm profit after deducting all taxes, costs, and interest is referred to as "net income."
Particulars Mo Lu Barb
Capital invested $69,300 $269,500 $431,200
Profit sharing ratio 20/100 40/100 40/100
Profit ($460,500) 92100 184200 184200
As a result, Mo is 92100; Lu is 184200; Barb is 184200 as profit.
Learn more about on net income, here:
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