1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dafna11 [192]
3 years ago
9

Which is the correct sequence for recording transactions and preparing financial​ statements?

Business
1 answer:
zheka24 [161]3 years ago
8 0

Answer:

The answer is B.

Explanation:

The first is the journal. A journal entry may be a summary of the debits and credits of the transaction entry to the journal.

Followed by a ledger which may be a book containing accounts during which the classified and summarized information from the journals is posted as debits and credits.

Trial balance which is that the listing of all accounts (asset, liability, equity, revenue, expense) with the ending account balance or or its a report that lists the balances of all book accounts of a corporation at a specific point in time.

And lastly the financial statements. they're written records of a business's financial situation

You might be interested in
Bina Co. purchased a vehicle on January 1st for $15,000 and estimates it will use the vehicle for eight years with a $3,000 salv
zhuklara [117]

Using the double  declining-balance depreciation method,  the vehicle's second year depreciation expense is: $2,812.50.

<h3>Second year depreciation expense </h3>

First step is to calculate the first  year depreciation expense

First  year depreciation expense=15,000×(100%/8 x 2)

First  year depreciation expense=15,000 x 25%

First  year depreciation expense=3,750

Second step is to calculate Second year depreciation expense

Second year depreciation expense = (15,000-3750) x 25%

Second year depreciation expense=11,250x 25%

Second year depreciation expense  =2812.50

Therefore  Using the double  declining-balance depreciation method,  the vehicle's second year depreciation expense is: $2,812.50.

Learn more about Second year depreciation expense here:brainly.com/question/25806993

#SPJ1

8 0
2 years ago
Which of the following is NOT one of the factors complicating the techniques for addressing the fixed-position layout?
MAVERICK [17]

Answer:

C) Takt times at workstations are dynamic.

Explanation:

A fixed-position layout can be regarded as a layout that allow products to stay in one place, and movement of workers and machinery can be moved to it once needed. Some of the Products that are not possible to move are airplanes, construction projects as well as ships. Fixed-position layout is usually used when dealing with product which are too large or heavy to move. Disadvantages is that it takes space, and administration burden is usually high. Factors that could complicate the techniques for addressing the fixed-position layout are;

✓There is limited space at virtually all sites.

✓The volume of materials needed is dynamic.

✓At different stages of a project, different materials are needed; therefore, different items become critical as the project develops.

5 0
2 years ago
An A-B design does not demonstrate a functional relationship between the treatment and the target behavior because there is no:
balandron [24]

Answer: REPLICATION

Explanation:An A-B design is a single case or a single subject design that deals with the study and analysis of both applied Behavior and Behaviors which concerns Human and non Human subjects. This type of design does not involve repetition of treatments which means it is a one case scenario, A-B design is a two phase design made up of a baseline known as ("A" phase) without change and a ("B" phase) known as a treatment phase. If during the experiment their is a change,it means the it means the treatment has an effect.

5 0
3 years ago
One primary reason that environmental optimists are not concerned with natural resource depletion is they believe that
Murrr4er [49]

The reason that the environmental optimist are not to be concerned with the depletion of natural resources is because of technological innovation in which they believe that this allows or has the capability of developing synthetic materials in which can replace the natural resources that are depleted.

3 0
3 years ago
Erik is a sales representative for an established building materials manufacturer. Business is good, but he is concerned that th
RideAnS [48]

Without new products, Erik can market his current products only to his current market the same products to similar customers

<h3><u>Explanation:</u></h3>

New product development involves a lot of research work. This plays a vital role in making the newly developed product to be more successful. The research team must first identify the areas that can be improved with the requirements and feedback from their loyal customers.

But in the given example, Erick’s company is already successful with the developed product for more than five years. Hence, it is recommended for marketing the current products to the current customers and market the same products to similar customers.

3 0
3 years ago
Other questions:
  • Which of the following were provisions of the Monetary Control Act of 1980? Check all that apply.
    9·1 answer
  • Geneva Company manufactures dolls that are sold to various customers. The company works at full capacity for half the year to me
    7·2 answers
  • A(n) ________ may occur if a major shareholder desires to sell a large number of shares but the market for the shares is not suf
    15·1 answer
  • CHRISTIE IS THINKING ABOUT GETTING A TERM LIFE insurance policy. She currently makes $75,000 a year. Her husband, Chip, is a sta
    8·1 answer
  • XBRL assurance is generally expected to include all of the following except: Multiple Choice Assurance that the most current, st
    10·1 answer
  • Do do this my Name is what???
    12·1 answer
  • Jose is offered a job in Riverside where the CPI is 80, and a job in Los Angeles, where things are a little more expensive and s
    14·1 answer
  • Respond to the following discussion question(s):
    13·1 answer
  • Suppose that a particular artillery piece has a range r = 4000 yards . find its range in miles. use the facts that 1mile=5280ft
    13·1 answer
  • g which type of stocks will likely have the most price movement? stocks with very consistent earnings stocks with frequent chang
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!