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KatRina [158]
1 year ago
12

from the following list, identify those that are likely to serve as source documents. (you may select more than one answer. sing

le click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.)
Business
1 answer:
djyliett [7]1 year ago
6 0

Sales tickets

Sales tickets Telephone bill

Sales tickets Telephone bill Invoice from supplier Bank statement

<h3>What is a source document ?</h3>

The source document is the original record of a business transaction. The parties involved in a transaction, any payments made, the date, and the specifics of the transaction are all recorded in a source document.

  • Typical examples of source documents are sales receipts, checks, purchase orders, invoices, bank statements, and payroll records. These are all original documents that were created as a result of a transaction and the initial components of an accounting system.

Learn more about Source document here:

brainly.com/question/28287039

#SPJ4

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Knowledge Check 01 On September 1, Vicario, Inc., borrows $100,000 from First National Bank at 6 percent annual interest. This n
laila [671]

Answer:

Debit cash for $100,000

Credit cash for $100,000

Explanation:

It should be noted that on September 1, the only transaction that occurred is the receipt of cash by Vicario, Inc. from First National Bank and no interest expenses has been accrued.

Based on this therefore, the journal entry for Vicario on September 1 will appear as follows:

<u>Date        Name of Accounts                  DR ($)                 CR ($)      </u>

Sept. 1     Cash                                       100,000

                    Notes payable                                               100,000

<u><em>                (To record borrowing from First National Bank.)                  </em></u>

8 0
4 years ago
Which party signs a contract with a health insurance company and thus, owns the health insurance policy?
raketka [301]
"Policyholder" <span>signs a contract with a health insurance company and thus, owns the health insurance policy.
</span>

A policyholder refers to a person who owns and claims a protection or insurance arrangement and has the privilege to practice all benefits under the agreement of protection, aside from where limited by the privileges of an appointee. A policyholder could conceivably be the safeguarded, or the sole or one of the recipients of the policy. Likewise called policyowner.
3 0
3 years ago
Which of the following statements regarding internal development as a means of diversification is false? Multiple Choice Many co
Gre4nikov [31]

Answer:

The answer is An advantage of internal development is that it is generally faster than other means of diversification.

Explanation:

internal development may be time consuming

8 0
3 years ago
Jack and Jill are the only two residents in a neighborhood, and they would like to hire a security guard. The value of a securit
Shtirlitz [24]

Answer:

Jack and Jill

a. The most a guard can charge per month and still be assured of being hired by at least one of them = $120

b. The vote will be 50 - 50.  The local authority will decide since there is a 50 - 50 chance.

The economic surplus would be higher if the neighborhood had a guard by $80 ($200 - $120).

Explanation:

a) Data and Calculations:

Value of a security guard to Jack = $50 per month

Value of a security guard to Jill = $150 per month

Total value = $200 per month

Competitive wage for a security guard = $120 per month

6 0
3 years ago
How do aggregate demand and aggregate supply differ from regular demand and supply?
o-na [289]

Answer:

A. Regular demand and supply describe the market for a single good, while aggregate demand and aggregate supply describe the combined market for all final goods and services

Explanation:

Aggregate demand measures the total demand for all finished goods and services produced in a country.

Aggregate supply is the sum of all goods and services firms are willing to supply at a given price

Demand is the amount of a good consumers is willing and able to buy at a particular price

Supply is the amount of a particular good suppliers is willing to sell at a particular price.

5 0
3 years ago
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