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Ahat [919]
1 year ago
5

An account is defined as a record of the business activities related to a particular item.

Business
1 answer:
Serga [27]1 year ago
5 0

This is true. An account is defined as a record of the business activities related to a particular item.

<h3>What is an account in business?</h3>

In the field of accounting. the term account has to do with the financial recording that is done that is used to show the way that am expense or an asset increases or decreases over a period of time.

The account is used in most statements to show cashflow. A good way to explain this would be through the use of bank accounts that shows the inflow and the outflow of cash in a persons account.

Read more on account here: brainly.com/question/26690519

#SPJ1

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You have recently been made aware that your purchasing department is spending five hours to source and purchase components for y
gulaghasi [49]

Answer:

deluxe line

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Explanation:

7 0
3 years ago
Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60
Taya2010 [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

90 are retired or homemakers; 60 have full-time employment; 20 have part-time employment; 20 do not have employment, but are actively looking for employment; and 10 would like employment but do not have employment and are not actively looking for employment.

Total labor force= 60 + 20 + 20= 100

Unemployed= 20

Unemployment rate= (20/100)*100= 20%

4 0
3 years ago
I am currently stuck on an application question on why I left my job. How would I awswer this question if I worked at an amuseme
finlep [7]

Answer:

Give the reasons that you wrote

Explanation:

If I were you I would put the reasons that you wrote above but just make it sound more professional. Ex: I left my job at (name of amusement park) in (month) of (year) due to health issues.

5 0
3 years ago
On January 1, Year 1, Stratton Company borrowed $100,000 on a 10-year, 7% installment note payable. The terms of the note requir
lisov135 [29]

Answer:

1. Debit Interest Expense $7,000; debit Notes Payable $7,238; credit Cash $14,238.

Explanation:

The journal entry is shown below:

Note payable A/c Dr $7,238

Interest expense A/c Dr $7,000

  To Cash A/c $14,238

(Being the first payment on the note is recorded)

The computation of the interest expense is shown below:

= Borrowed amount × rate of interest

= $100,000 × 7%

= $7,000

And, the remaining balance left is reported in the note payable account

3 0
3 years ago
in the month of march, chester received orders of 179 units at a price of $15.00 for their product clack, and in april receives
ollegr [7]

Answer:

$0

Explanation:

The computation of the revenue recognized is shown below:

= Price per unit × number of units delivered in march month

= $15 × 0 units

= $0

Since 0 units delivered in the march month and if we multiplied the price per unit with the march units i.e. 0 so the answer should be zero only

3 0
3 years ago
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