All categories

4 years ago

What are control accounts in accounting.

1 answer:

4 0

In accounting, the controlling account (also known as an adjustment or controlaccount) is an account in the general ledger for which a corresponding subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail.

You might be interested in

________ may help to lower counterproductive work behaviors within groups.

Bumek [7]

Answer:

The correct answer is letter "C": Citizenship behaviors.

Explanation:

Citizenship behaviors are practices inherent from workers that are not necessarily part of the reason why they are hired but that promote a safe environment within the work field. Citizenship behaviors include <em>avoiding unnecessary conflicts at work, volunteering for overtime, </em>or <em>simply helping co-workers in their duties</em>.

7 0

4 years ago

There are three houses. One is red, one is blue, and one is white. If the red house is to the left of the house in the middle, a

Marta_Voda [28]

The white house is in the middle. Good riddle!

4 0

3 years ago

Describe a real or made up but realistic example of a product that went through a time of scarcity, when demand was greater than

Rasek [7]

Answer:

An example of a product going through scarcity is when heavy rainfall and flooding destroy crops because of which their supply is decreased, and because of this shortage their prices sky rocket or increase very fast.

Explanation:

7 0

3 years ago

Read 2 more answers

"Makers Corp. had additions to retained earnings for the year just ended of $213,000. The firm paid out $183,000 in cash dividen

yuradex [85]

Answer:

Dividends per share is $1.66

Book value per share is $44.36

Market-to-book ratio is 1.42

Price-earnings ratio is 32.54

Price-sales ratio is 1.97

Explanation:

1 ) What are dividends per share?

Dividends per share = cash dividends/ number of shares = $183,000/ 110,000 = $1.66

2) What is the book value per share?

Book value per share = total equity/ number of shares = $4,880,000 / 110,000 = $44.36

3) If the stock currently sells for $63 per share, what is the market-to-book ratio?

Market-to-book ratio = $63/ $44.36 = 1.42

4) What is the price-earnings ratio?

The price of Makers Corp. = market price * number of shares = $63* 110,000 = $6,930,000

Price-earnings ratio = $693,000/ $213,000 = 32.54

5) If the company had sales of $3.52 million, what is the price-sales ratio?

Price-sales ratio = market price/ sales = $6,930,000/ $3,520,000 = 1.97

6 0

3 years ago

Atlanta Company Spokane Company

liraira [26]

Answer:

C) Atlanta Company

Explanation:

Let's bear in mind that equity is an advantage that allows your company to buy and sell more.

So more equity means more ability to buy and sell and less the possibility of going bankrupt.

Liability on the other hand also gives advantage in trade r company , so more liability shows strongness of the company.

Now let's compare the equity and liability of the both companies

Atlanta Company

Total liabilities $ 429,000

Total equity 572,000

Spokane Company

Total liabilities $ 549,000

Total equity 1,830,000

The equity ratio is about 1:3

While liability is about 1:1.2

So Atlanta company has more riskier structure

5 0

3 years ago