Answer:
The correct option is C, credit to cash over and short for $3
Explanation:
The requirement targets the balancing entry in the cash account,with cash of $17 in the petty cash account coupled with receipts of $86, the total amount in the petty cash is $103 ($86+$17) and the established float is just $100, which implies that the petty cash has an excess fund of $3 that must be returned to the main cash account.
The excess is the difference between $103 cash in the petty cash account and the maximum float of $100($103-$100)
Answer:
A. $170,900
B. $20,300
C. $ 19,800
Explanation:
A. Accounting Equation ;
Assets = Equity + Liabilities
Therefore Equity = Assets - Liabilities
Total Assets - Caraway Seed Company
Current assets $ 48,800
Net fixed assets $ 248,800
Total Assets $ 297,600
Total Liabilities - Caraway Seed Company
current liabilities $ 28,500
long-term debt $ 98,200
Total $126,700
Equity = $ 297,600 - $126,700 = $170,900
B. Net working capital = Current Assets - Current liabilities
= $ 48,800 - $ 28,500
= $20,300
C. Net working capital = Current Assets - Current liabilities
= $ 48,800 - ( $18,500 + 10,500)
= $ 19,800
Supply-chain management includes operations management, supply management, logistics, and channel management activities. This statement is True.
It guides the group's efforts toward achieving specific, pre-established goals. “Management” is the process of cooperating with and working through others to effectively achieve organizational goals by using limited resources efficiently in a changing world.
First identified by Henri Fayol as the Five Elements, there are now four generally accepted management functions that include these necessary skills.
The definition of control is the way something is handled, the care is taken, the ability to oversee, or the responsibility to a company or group. An example of control is how a person handles personal finances. An example of management is concerned about handling fragile things.
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The demand of hurricane supplies goes down.
D. coping with scarcity, and choices made as a result of scarcity in a society.
<h2>Economics</h2>
- Economics is a social science that studies how products and services are produced, distributed, and consumed.
- It investigates how individuals, businesses, governments, and nations make resource allocation decisions.
- The study of economics is best described as a study of D. coping with scarcity, and choices made as a result of scarcity in a society.
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