Answer:
It implies that the firm paid $5,000 to its supplier this accounting period (e.g. year) out of the amount the firm is owing the supplier.
Note: The correct answer is as stated above it is not included in the option. Kindly confirm the options again from your teacher.
Explanation:
Accounts payable refers to the amount of money a firm is owing its suppliers.
Account payable is one of the component of the current liabilities in the balance sheet, and non-cash current liability item that is adjusted for in the cash flow statement to arrive at net cash from operating activities when an indirect method is being used.
Since accounts payable is the amount of money a firm is owing its suppliers, a negative a NEGATIVE adjustment to its implies that company has paid its supplier the negative amount in the accounting period.
Therefore, a NEGATIVE adjustment of $5000 related to Accounts Payable implies that the firm paid $5,000 to its supplier this accounting period (e.g. year) out of the amount the firm is owing the supplier.
Answer:
20,000
Explanation:
that's the answer thank you and stay safe and take care!!!
Answer:
TRUE
Explanation:
Training and development describes the formal, ongoing effort that are made within organizations to improve the performance and self-fulfillment of their employees through a variety of educational methods and programs.
In order to choose the best training method, there are some factors that a company should consider. These factors include:
Number of people to be trained: people can learn more effectively in small groups, and, consequently, less effective in larger ones.
The cost of training: training budget is very essential in the decision process because training can take a lot of resources: money, materials, equipments e.t.c)
The objectives of training: the goal or objectives will vary depending on the organization and the kind of activities the organization plans to do during work.
Therefore, it is TRUE that to choose the best training method, a company should consider such factors as the number of people to be trained, the cost of training, and the objectives of the training.
The more they focus on a task the more efficient they become at this task, which means that less time and less money is involved in producing a good.
