Answer: Step 3: record transactions into the journal; Step 4: post entries into the ledger.
Explanation:
After we identify and analyze a transaction so that we know what accounts and journal it is to go to, we record the transaction in the relevant journal in the third step of the accounting process.
We then take those transactions and post it to the relevant ledger which shows all the transactions related to a certain account. These ledgers are called the "books of final entry" and it is from them that we are able to draw up the unadjusted trial balance.
Some of the likely things which a court would do if Tonya sues to enforce the contract are:
- 1. X not enforce the contract, because people are free to choose to whom they sell their property.
- 2. award monetary damages to Tonya.
- 3. require Shania to go through with the sale.
- 4. X grant specific performance by requiring Shania to find a comparable piece of land for Tonya at a comparable price.
<h3>What is a Contract?</h3>
This refers to the legally binding agreement which is entered by two or more parties based on terms and conditions.
With this in mind, we can see that because Shania wants to sell her lakefront to Tonya for $150,000 and they sign a contract but before they close the deal, Shania discovers that the property prices would go up and declines to sell.
In conclusion, if Tonya sues to enforce the contract, we can see that the contract would not be enforced, but Tonya would be paid monetary damages.
Read more about contract here:
brainly.com/question/984979
Answer:
Accounting rate of return, also known as the Average rate of return, or ARR is a financial ratio used in capital budgeting. The ratio does not take into account the concept of time value of money. ARR calculates the return, generated from net income of the proposed capital investment. The ARR is a percentage return. Say, if ARR = 7%, then it means that the project is expected to earn seven cents out of each dollar invested (yearly). If the ARR is equal to or greater than the required rate of return, the project is acceptable. If it is less than the desired rate, it should be rejected. When comparing investments, the higher the ARR, the more attractive the investment. More than half of large firms calculate ARR when appraising projects.
Explanation:
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The answer to this question is the "WAIT-LIST CONTROL". When a researcher is examining the effects of an experimental surgery on epilepsy randomly assigns epileptic patients to three different conditions. The first condition is that the participants receive the surgery. The second condition is that the patients receive the medication while third condition, the patients receive the surgery one month after the other group of patients. The third group of patients who need to wait for another one month is in the WAIT-LIST CONTROL and can only be accommodated after the other group is done.