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3 years ago

Is the summary of transactions for the month of June, the same as the general journal entries for the same month

1 answer:

8 0

No, the general ledger journal entries are the individual transactions that occurred throughout the month. A transaction summary shows summaries of those transactions by type, such as by a person or department, card type, etc.

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DEFINE visible trade and invisible trade

Andreyy89

Answer:

visible trade in economics, exchange of physically tangible goods between country involving import and export it is distinguished from invisible trade

6 0

3 years ago

Who is the principal Federal official for domestic incident management? A. FEMA Administrator B. Federal Coordinating Officer C.

hram777 [196]

Answer:

Explanation:

The individual that acts as the principal Federal official for domestic incident management is referred to as the Secretary of Homeland Security. The individual in this role is responsible for overseeing the proper functioning of the Department of Homeland security which deals with counter-terrorism, cyber-security, aviation security, and border security among other things. Today the individual in this position is Chad Wolf.

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3 years ago

"When a company applies the partial equity method in accounting for its investment in a subsidiary and initial value, book value

Phoenix [80]

Answer:

No entry is made

Explanation:

When a company applies the partial equity method in accounting for its investment in a subsidiary and initial value, book values, and fair values of net assets acquired are all equal, there would be no entry in the consolidation worksheet. The reason is the initial investment in the subsidiary, the initial value, book values and fair values of net assets acquired are all equal, no changes has been made.

4 0

3 years ago

OpenReader is an Internet lending library in which people list and lend their own books and borrow books from other members. It

Elis [28]

Answer:

affiliate marketing

Explanation:

When someone searches for a company' s product he or she enjoys , promote and sells such product and earns bonus or profit, it is called affiliate marketing. It is a situation whereby one(affiliate) earns a comissiom by promoting another company' s product.

Affiliate marketing is mostly done on the internet . Affiliates identify themselves with a brand they enjoy and then refer people to patronize it. By so doing, they earn a commission on every sale they make on behalf of the company.

Although some people(affiliates) goes to the extent by having a blog to promote a company' s product, one can start by just advertising the product

which will eventually leads to sales and then earn comission.

3 0

3 years ago

You are planning for retirement 33 years from now. You plan to invest $3,500 per year for the first 6 years, $8,800 per year for

lianna [129]

Answer:

Total FV= $3,433,859.29

Explanation:

<u>First, we will calculate the future value of each equal annual deposit. Then, the ending value in 33 years of investment as a whole.</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV1= {3,500*[(1.137^6) - 1]} / 0.137= $29,648.89

FV2= {8,800*[(1.137^11) - 1]} /0.137= $199,476.80

FV3= {14,400*[(1.137^16) - 1]} /0.137= $714,882.03

<u>Now, the total future value:</u>

FV= PV*(1+i)^n

FV1= 29,648.89*(1.137^27)= 949,600.61

FV2= 199,476.80*(1.137^17)= 1,769,376.65

FV3= 714,882.03

Total FV= $3,433,859.29

8 0

3 years ago