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Scrat [10]
3 years ago
6

The White Company’s accounting system consists of a general journal, a cash receipts journal, a cash disbursements journal, a sa

les journal, and a purchases journal. For each of the following, indicate which journal should be used to record the transaction.
(1) Purchased merchandise on account
(2) Collected an account recheivable
(3) Recorded depreciation expenses
Business
1 answer:
yanalaym [24]3 years ago
7 0

Explanation:

The following transactions should be presented on a respective journals i.e

(1) Purchased merchandise on account = Purchase journal

As the purchase of merchandise is took place that is debited the merchandise inventory account and credited the account payable account

(2) Collected an account receivable = Cash journal as the cash is received

(3) Recorded depreciation expenses = General journal as it records the adjusting entries, or errors made in accounting, etc

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Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's ______.
sweet-ann [11.9K]

Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's internal resources and external environment.

<h3>Who are Strategic leaders?</h3>

The center of attention for organizational learning is on strategic leaders. They encourage an environment of inquiry and look for lessons in both successful and bad results.

Organizational structure, resource allocation, and strategic vision are all functions of strategic leaders. Strategic leaders deal with extremely complex challenges in an uncertain environment while also being influenced by external events and organizations.

Process simplification, increased strategic productivity, and innovation are all benefits of strategic leadership. Employees may be independent, productive, and push for new ideas under this leadership. Programs for incentives and rewards are essential for strategic leaders. They support staff members in achieving their strategic objectives.

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8 0
2 years ago
Kirkwood acquires 100 percent of the outstanding voting shares of Soufflot Company on January 1, 2018. To obtain these shares, K
lesya [120]

Answer:

$555,000

Explanation:

Calculation for the amount that will be reported for consolidated cash after the acquisition is completed

Cash at Kirkwood Inc $475,000

(900-400-15-10)

Add Cash at Soufflot Company $80,000

Consolidated cash after acquisition is completed $555,000

Therefore the amount that will be reported for consolidated cash after the acquisition is completed will be $555,000

4 0
3 years ago
Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the
sveta [45]

Answer:

a. Wholesale division.

Explanation:

The formula to compute for return on investment is shown below:

Return on investment = Operating Income ÷ Operating Assets

For Retail Division, it would be

= $2,500,000 ÷ $16,000,0000

= 15.625%

For Wholesale Division, it would be

= $6,000,000 ÷ $36,000,0000

= 16.67%

Based on the calculation, the wholesale division perform better

3 0
3 years ago
In the BCG Growth Share Matrix, the suggested strategy for Stars is to ________.
maksim [4K]

Answer:

C. maintain position and after the market growth slows use the business to provide cash flow

Explanation:

Stars in the BCG Growth Share Matrix refer to the goods that have a big market share and bring more revenue to the company but they also require to invest a lot of money. Because of that, companies try to keep their place as long as possible but when the market slows down, they take the cash flow from the product to increase their profits. According to that, the answer is that in the BCG Growth Share Matrix, the suggested strategy for Stars is to maintain position and after the market growth slows use the business to provide cash flow.

The other options are not right because milk them to finance other businesses and not invest in them and to shift cash flow to other businesses is not a suggested strategy for starts because they can provide a lot of money. Also, invest large sums to gain a good market share is not right as stars are not always able to generate a positive cash flow and you can end up losing a big amount of money.

3 0
3 years ago
Disadvantages of planning​
Step2247 [10]

Answer:this a question??

Explanation:

8 0
2 years ago
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