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
jonny [76]
3 years ago
15

Why are posting references entered in the journal when entries are posted to the ledger accounts?

Business
1 answer:
wolverine [178]3 years ago
3 0

Answer:

c. So we know that the entry has been posted.

Explanation:

  • The posting reference are entered in the journal entries are done so as to find them in the account ledgers and these entres are post in the this account is insert to keep and store the booking entry for the balance sheets and includes the incomes statements and accounts like the receivables and the accounts payable and accrued expenses also.
You might be interested in
The guidance for having infant sleep on their back to reduce the incidence of SIDS has a grade of A. Group of answer choices Pro
Lapatulllka [165]

Answer:

The correct answer is letter "D": Recommendations.

Explanation:

Evidence-based public health (EBPH) practice is the application, and assessment of effective public health programs and policies by applying scientific reasoning principles. It includes several recommendations on basic practices that should be followed to avoid future medical conditions.

6 0
3 years ago
On the basis of this information, which of the following statements is CORRECT? a. Prestopino's cash on the balance sheet at the
mylen [45]

Answer:

b. Prestopino had negative net income in the current year

Explanation:

Retained earnings at the end of previous year were $700,000, but retained earnings at the end of current year had declined to $320,000.

• The company does not pay dividends.

• The company's depreciation expense is its only non-cash expense; it has no amortization charges.

• The company has no non-cash revenues.

• The company's net cash flow (NCF) for current year was $150,000.

On the basis of this information, which of the following statements is CORRECT? Prestopino had negative net income in the current year

Prestopino DECPRECIATION expense in the current year was less than $150,000 and Prestopino had postive net income in the currnet year however, this income was less than it was in the previous year income.

Prestopino NCF in the current year must be higher than its NCF in the previous year and it cash on the balance at the end of the year must be lower than the cash it had on the balance sheet at the end of previous year

8 0
3 years ago
What is equilibrium?
inysia [295]

Answer:

B.

Explanation:

equilibrium is pretty much self explanatory, both the demand and quantity has to be equal

8 0
3 years ago
WILL MARK BRAILIEST AND ONLY ANSWER IF YOU KNOW
Karolina [17]

Okay i'm trying to find the rest of the answers but heres most of them:

1. Approximately how many people watch the March Madness tournament? Approximately 140 million people watch march madness.

2. March Madness is second to only one other sporting event? What is it? March Madness is second to only the Super Bowl.

3. What percentage of the NCAA's revenue comes from men's basketball? How is this revenue generated? NCAA generated a revenue around 90%.

4. How did Nike first gain brand exposure through men's basketball? Explain. Vaccaro, the Chief among the NCAA’s critics, Had Nike give the players free shoes to wearing during games. After that happened teams started to become sponsored by Nike.

5. How does best-selling author Michael Lewis argue that playing college sports impedes athletes from getting an education? Michael Lewis argues about how student-athletes spend more time on sports then education.

6 0
3 years ago
Read 2 more answers
A company's weekly payroll amounts to $50,000 and payday for the week is every friday. employees work five days per week, monday
salantis [7]

The total payroll amount is $50,000 per week.

Since there are only 5 work days per week (Monday to Friday), therefore the employees wage per day is:

Employees wage per day = $50,000 / 5 = $10,000

For the payday on April 4, the wages expense covered for this would be from April 1 to April 4 since the accounting period ended on March 31. Therefore wages expense in the journal entry would be calculated using 4 days.

Wages expense for April for the payday April 4 = Employees wage per day * Number of days

Wages expense for April for the payday April 4 = $10,000 * 4

<span>Wages expense for April for the payday April 4 = $40,000</span>

7 0
3 years ago
Other questions:
  • The following exercise will help you identify how business owners function within the different stages of retailing. The wheel o
    8·1 answer
  • Which of the following elements of a process most directly impacts or affects process capabilities? Multiple Choice Activities I
    15·1 answer
  • 4. With many other options available, customers no longer let their money sit in a checking account. For many years the mean che
    7·1 answer
  • Knowledge Check 01 Melas Company changed from the LIFO to the FIFO inventory costing method on January 1, Year 3. Inventory valu
    10·1 answer
  • Where the combined strength of two items is greater than the sum of their individual strengths. In the media business, this term
    12·1 answer
  • Thomas Malthus’s predictions turned out to be wrong due to:
    14·1 answer
  • When Apple, Inc. opened retail stores to sell its computers and iPods, this was an example of:
    14·1 answer
  • On January 1, Year 1, Greenfield, Inc. issues $100,000 of 9% bonds maturing in 10 years when the market rate of interest is 8%.
    5·1 answer
  • Most insurance companies will waive surrender charges in the event EXCEPT:
    13·1 answer
  • Write about how bookkeeping is done in a small business and what they can do to improve their business
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!