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2 years ago

Write about how bookkeeping is done in a small business and what they can do to improve their business

Business

1 answer:

jonny [76]2 years ago

3 0

Bookkeeping can be done in small business by following these procedures:

Creation of a New Business Account is required.

Setting Budget just for Tax Purposes.

make your Records Organized.

Tracking of all the business Expenses.

Maintaining Daily Records.

Leaving an Audit Trail.

<h3>What is the purpose of bookkeeping and how can it improve their business?</h3>

The book-keeping is very essential in business because it keep a complete as well as accurate record of all the financial transactions.

This is been done in in a systematic orderly and logical manner, by following the steps above the business can be improved.

Find out more on Bookkeeping at brainly.com/question/25572872

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sineoko [7]

Answer:

completed units = 9,500 gallons

Explanation:

gallons completed = beginning WIP inventory + units started during the month - ending WIP inventory = 1,000 gallons + 10,000 gallons - 1,500 = 9,500 gallons finished

units started and completed = total units started -ending WIP = 10,000 gallons - 1,500 gallons = 8,500 gallons

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3 years ago

Toyota deciding to issue $175 million in long-term debt is an example of which of the following corporate financial decisions?

notsponge [240]

Answer:

Capital Structure.

Explanation:

Toyota deciding to issue $175 million in long-term debt is an example of Capital Structure of corporate financial decisions.

<em>Capital Structure is the distribution of the debt and equity that makes the finance of the company.</em>

<u>Capital Structure can be obtained by two ways and both ways of obtaining funds are further divided-</u>

1. Shareholder's Funds

a. Equity Capital

b. Preference Capital

c. Retained Earning

2. Borrowed Funds

a. Debenture

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4 years ago

Myra, a new branch manager, shares her personal story of how she came into the profession, her family life, and the challenges s

777dan777 [17]

Answer:

The correct answer is E

Explanation:

In the theory of the organizational, transferring the knowledge is the practical problem of sharing or transferring the knowledge from one part of the firm to another.

Such as the capture or share knowledge, management of knowledge and assure its availability for the future users.

In this case, Myra shares the knowledge with everyone. So, she is a part of the firm through transferring the knowledge.

8 0

3 years ago

Before buying a house, Dean and Donna Testa hired Ground Systems, Inc. (GSI), to inspect and describe the sewage and water dispo

Schach [20]

Answer:

Dean and Donna can sue GSI because they breached their contract since GSI did not provide the information for which they were contracted for.

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4 years ago

In a closed economy (no imports or exports), Aggregate Expenditure 'AE' is defined as the sum of Consumption Expenditure 'C', In

sdas [7]

Answer:

G is equal to $280

Explanation:

The equation for a closed economy is:

AE= C+ I + G

Since it is stated that at equilibrium Y= AE, substitute in the equation, giving:

Y= C+ I+ G

Putting in the given figures

1265= 660+ 325+ G

1265= 985+ G

1265-985= G

$280= G

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4 years ago