The answer they're looking for is that you will tell a supervisor. If the question ever involves theft or mistreatment of customers they always want to hear that you'll report the person.
Answer:
A. Most businesses start without any formal investment
Explanation:
One has to develop on an idea and start small, a great business idea will bring investors your way. One doesn't necessarily need to have money to start. Thinking, making plans and proposals, finding investors...these are steps to take which do not require immediate funding
<span> Knowledge management (KM) strategy is a strategu that describes how an organization will manage its information and knowledge with the goal better for the organization benefit and its stakeholders benefit,</span><span>
When implementing a knowledge management strategy, one of the first steps is to </span>decide what knowledge is the most important for employees to do the best jobs they can.
Answer:
a. Debit Accounts receivable for $600
Explanation:
As Greasy catering company provided services but had not got the bill from the customer, it increases an asset. According to the revenue recognition principle, revenue has recognized whenever it is provided not when the cash is received. In that case, the journal entry to record the transaction is -
Accounts receivable (Debit) $600
Revenue (Catering) (Credit) $600
Accounts receivable is debit because the company owes the amount from the customers.
The journal entry to record the purchase of materials on account in process cost accounting is an Increase in assets and an increase in liabilities. Option A. This is further explained below.
<h3>What is a journal entry?</h3>
Generally, In process cost accounting, a rise in assets and an increase in liabilities are recorded in the journal entry for the purchase of materials on account.
In conclusion, A journal entry is a kind of entry that is used in the accounting records of a company to record a transaction that occurred inside the company.
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