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zalisa [80]
2 years ago
9

Why are adjusting entries necessary?

Business
1 answer:
qwelly [4]2 years ago
3 0

Answer:

Option A) To record revenues and expenses

Explanation:

The accounting accrual is an accounting method, it means that the company must record the revenues and expenses in the moment that the transactions occur and not when the payment is done.

By this method is always necessary to make adjustment entries to the accounting system if not it's impossible reflect all the transactions occured at this moment.

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In 2 or 3 sentences, explain why putting the demand and supply schedules together can help you to see what price and quantities
mario62 [17]
Putting the demand and supply schedules together can help you to see what price and quantities will be demanded and supplied in the marketplace through giving you a clear picture of the data. By looking at both, you can already compare how much of the supply and demand of the good and see a clear picture of the relationship between the two and how they affect each other with respect to each other.
4 0
3 years ago
Read 2 more answers
The Donaldson Furniture Company produces three types of rocking​ chairs: the​ children's model, the standard​ model, and the exe
Nataly_w [17]

Answer:

Children's model = 7

Standard model = 9

Executive model = 13

Explanation:

Let a = number of children's model

b= number of standard model

c = number of executive model

According to the question given, the time allocation is as follows;

Cutting; a = 5 hr     b = 4hr     c = 7hr, Maximum hours = 162 hours

Construction; a = 3 hr     b = 2hr     c = 5hr, Maximum hours = 104 hours

Finishing; a = 2 hr     b = 2hr     c = 4hr, Maximum hours = 84 hours

We can therefore derive the equations.

5a + 4b + 7c = 162     (i)

3a + 2b + 5c = 104     (ii)

2a + 2b + 4c = 84     (iii)

Subtracting (iii) from (ii), a + c = 20, a = 20 - c     (iv)

Substituting (iv) into (ii)

60 - 3c + 2b + 5c = 104

2b + 2c = 44     (v)

Substituting (iv) into (i)

100 - 5c + 4b + 7c = 162

4b + 2c = 62     (vi)

Subtracting (v) from (vi), we have

2b = 18; b = 9

Since b + c = 22,

c =22 - 9 = 13

Also, a + c =20

a = 20 - 13 = 7

4 0
3 years ago
Dimitri owns stock in a u.s. publicly traded company. as a stockholder, dimitri is a(n) ______ of the corporation.
Monica [59]

Based on the fact that Dimitri owns stock in a company in the United States which is publicly traded, he is a stockholder which makes him an <u>owner </u>of the corporation.

<h3>What is Dimitri to the company?</h3>

Dimitri is considered to be an owner of the company because owning a share in a company means that you have ownership rights to their stock.

This is called equity ownership and it is the type of ownership that is seen with publicly traded companies such as the one that Dimitri bought shares in.

Because he is a shareholder and therefore an owner, Dimitri has the right to attend annual general meetings and voice his opinion. He also stands to make a capital gain if the share price of the corporation rises.

In conclusion, Dimitri is an owner.

Find out more on publically traded companies at brainly.com/question/14227507

#SPJ1

3 0
2 years ago
Landlord-Tenant relationships are established by lease contracts. State the Rights and Duties of the Landlord-Tenant Relationshi
Delicious77 [7]

Answer: The landlord would have to make the environment conducive for leaving and the tenant would have pay rent and refrain from causing problems

Explanation:

The landlord and tenant have rights and duties to perform. The main duty of the landlord is to meet the warranty of habitability; ensuring the premises is safe and is in livable condition.

Whereas the duty of the tenant is to pay rent, ensure the environment occupied is neat, avoid causing problems for individuals around and refrain using the property for illegal purpose.

The right transferred by lease is an agreement by the tenant (the assignor) to transfer all of his or her rights, title, and interest in the lease to another person (the assignee).

A sublease is the lease of a property by a tenant to a subtenant.

5 0
3 years ago
Exam early childhood education
Rashid [163]
Idk whats your qwestion
3 0
3 years ago
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