Factors of production are common to all productive activities, regardless of the economic system. Labor, as a factor of production, relates only to the production of manufactured goods; services are not included. So it is True
Get your supplies lay them out and start your seed preparing with paper towel water and the seeds
Answer and Explanation:
The journal entries are shown below:
cash Dr $7,500
To Service revenue $7,500
(being cash receipts is recorded)
Prepaid insurance $3,060
To cash $3,060
(being cash paid is recorded)
Musical equipment Dr $10,500
To cash $10,500
(being cash paid is recorded)
Cash Dr $11,000
To note payable $11,000
(being receipt of the loan is recorded)
These four journal entries are need to be recorded
Answer:
The correct answer is B
Explanation:
Agile release train (ART) is the one which is a self organizing, long lived team of Agile Teams, it is a virtual organization which executes, plans or commits together.
All the teams of the ART are hurdle or bound through a common vision, roadmap or a backlog. It comprise of 50 to 125 people.
So, the workshop which is conducted for problem solving, focuses on identifying the root or the real cause of the problems, this is the action what the ATR will take.
Answer:
b. The chart of accounts is a list of accounts that includes numbers and descriptions.
c. The general ledger is a list of accounts that includes numbers, descriptions, and changes in those accounts.
d. The general ledger is known as the core of any accounting system.
Explanation:
The chart of account refers to the various types of accounts i.e revenue, expenditure, asset, liabilities and so on which depicts the number of accounts, the descriptions of account, nature of the account, and the categories in which they are lying.
Whereas the general ledger is the recording of the transactions held by the business which also includes account number, their descriptions, and the changes held in those accounts. Plus, it is also known as the core of any accounting system
