I think your answer would be B: Journal.
Adjusting entries are journal entries recorded at the end of an accounting period to alter the ending balances in various general ledger accounts. These adjustments are made to more closely align the reported results and financial position of a business with the requirements of an accounting framework, such as GAAP or IFRS. This generally involves the matching of revenues to expenses under the matching principle, and so impacts reported revenue and expense levels.
Answer:
correct option is a. 19.63%
Explanation:
given data
dividend = $3.50 per share
constant rate = 10% per year
common stock = $40 per share
flotation costs = $4 per share
solution
we know formula that is
cost of retained earnings = + Growth rate
we will ignored Flotation costs in this case
so it will be = + 0.1
= 19.63 %
so correct option is a. 19.63%
Answer:
correct option is Budgeting forces management to plan for the future.
Explanation:
The budget depends on the control cycle to design the planning cycle for future action. Because budget is the only way to compare reality in determining performance evaluation, but budget is not in the nose of planning the future
so correct option is Budgeting forces management to plan for the future.
Answer:
1. Figure out your net income
2. Determine if you have enough income to cover all your expenses
3. make list of variable expense
4. make list of fixed expenses
5. adjust expense
done !