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PIT_PIT [208]
4 years ago
7

In alphabetical order below are balance sheet items for Karol Company at December 31, 2017.

Business
1 answer:
algol [13]4 years ago
3 0

Answer:

               Karol Company

Balance Sheet as at December 31, 2017

                                             $

Assets

Current Assets

Cash                                 22,000

Accounts receivable      <u> 71,000   </u>

Total Assets                    <u>93,000 </u>

Equity and Liability

Equity

Common stock                18,000

Retained earnings           <u>10,000</u>

Total Equity                      28,000

Liabilities

Current Liabilities

Accounts payable            <u>65,000</u>

Total Equity & Liabilities<u> 93,000</u>

Explanation:

Balance sheet is the actual presentation of accounting equation which determines that All the asset is equal to the sum of equity and liabilities. It means all the asset made in the company are financed either by equity or liabilities. There are two section in the balance sheet:

Assets section, which accumulates all the assets account balance and their contra accounts as well.

Equity and Liabilities section, which sum up all the account balances of equity and liabilities accounts.

Total of Assets and The total of Equity and Liabilities must be equal.

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The california “standard form” policy of title insurance on real property insures against loss occasioned by:
AVprozaik [17]

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To add, standard form policy is an insurance policy form that is designed to be used by many different insurers and has exactly the same provisions, regardless of the insurer issuing the <span>policy.</span>

3 0
4 years ago
Evaluation of the amount of costs incurred should be based on the actual volume of activity rather than the planned volume of ac
inna [77]

Answer:

False

Explanation:

The Performance Evaluation may be defined as the formal as well as a productive procedure to help measure the work of the employee and results is based on their job responsibilities.

For any performance evaluation, the cost that is actually incurred should not be compared to the cost which would have been incurred to the actual volume of the activity or work rather than the planned activity.

Thus the answer is false.

8 0
3 years ago
How many years of experience does a market research analyst typically need to become certified?
masya89 [10]

Answer:

3 years

Explanation:

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6 0
3 years ago
Full-time employees must have money deducted from their paychecks for
DedPeter [7]

The correct answer is C. Federal income tax

Explanation:

The term "deduction" is used to describe money that is taken from your salary. In the case of full-time jobs in the U.S. salary deductions include deductions for income taxes including the federal income tax and deductions for Social security taxes because all of these taxes are established by the U.S. government and this is closely related to the amount of money you earn or your salary. Also, others such as savings, contributions to charity, etc. are not mandatory deductions. Thus, full-time employees must have money deducted from their paychecks for federal income tax.

5 0
4 years ago
Tariq and Noelle work in the sales department at CTI Telecommunications. Tariq is the star salesman of the department and makes
larisa [96]

Answer:

D) She volunteers to do the mundane tasks others avoid, and she does things like buying birthday cards for co-workers and organizing parties.

Explanation:

Noelle is someone that is an average performer, so she will be open to doing mundane tasks since she is not overly worried about having a star performance.

She is also some one that spends more time than she should socializing with friends in other departments.

So she would be more prone to buying birthday cards for co-workers and organizing parties.

Noelle is an average performer with good social skills so she will be one that does not prioritise performing better than others

6 0
3 years ago
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