Answer:
Explanation:
In the classified balance sheet, we summarize the asset and liabilities into various types
Like assets are divided into fixed assets, current assets, and intangible assets.
Likewise, liabilities are also divided into current liabilities, long term liabilities
In every balance sheet, the accounting equation has used that means
Total assets = Total liabilities + Shareholder equity
The preparation of the classified balance sheet for Alpha Co. is presented in the spreadsheet. Kindly find the attachment below:
Answer:
Memos
Explanation:
it is confirmed . And correct
Answer:
a. 710,000
Explanation:
Current assets are calculated as follows:
Cash: $185,000
Accounts receivable, net $725,000
Recall that a loyal customer is to make semi-annually payments of $100000 into to the tune of $400,000 accounts receivable. For the year five balance sheet, the reclassification of o/s receivable will therefore be $200000
Therefore Total current assets = $185,000+ $725,000 - $200000 = $710,000
In JB Company's December 31, year five Balance Sheet $710,000 should be reported as current assets.
Answer:
The two companies are:
1. Mercer
2. Aen
Explanation:
1. The name of the tests. The tests are administered online https://www.practiceaptitudetests.com/top-employer-profiles/mercer-assessments/. There are four categories:
The various categories of tests are:
- Numerical
- Verbal
- Logical
- Situational
- Publisher
2. Adaptive Employee Personality Test (ADEPT-15®)
This is also administered online at https://www.asia.aonhumancapital.com/home/for-employers/people-and-performance/employee-assessment-and-selection/adaptive-employee-personality-test
This one is more personality inclined. It is for determining employees who are culture fit.
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