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Sphinxa [80]
3 years ago
5

George works in the accounting department at the Green Goddess Lawn Services, where it is his job to record all transactions int

o journals. After completing this task, the next step in the accounting process is to:
Business
1 answer:
Sedbober [7]3 years ago
7 0

Answer:

The correct answer is post the information to the ledger.

Explanation:

In accounting, the general ledger is a document where all the transactions of corporations are recorded in chronological order. Each account must have a different book, which must be affected each time the accounts are involved in this process. These records make it possible to know the movements in a more detailed way, since unlike the journal in this case, only a single group of accounts is known and not the whole.

You might be interested in
What collective name do we refer to: natural resources, labor, capital, education or know-how?
pshichka [43]

Answer:

Factors of production

Explanation:

The general name is factors of production. They are also the 'inputs' in the production process.

The factors of production are combined or put together for the productions of goods and services to happen.  The four factors include land, which represents the natural resources in this case.

<u>Land</u> refers to the space used to set up a business, and fertile lands used for agriculture, minerals, oil and gas, forest, and other natural resources.

<u>Labor </u>is the human input in production. It involves workers' knowledge, skills, strength, and time spent on the production process.

<u>Capital </u>is the money and assets used to start and maintain the business operation. It includes plant and machinery, equipment, building, factories used in making products for sale.

<u>Know-how </u>refers to entrepreneurship. It is the skills, willingness, and ability to put together and manage the other factors to produce goods.

3 0
3 years ago
The stage at which a project is conceived is known as the ________ process
Paraphin [41]
The answer is:
initiating
4 0
3 years ago
Looking forward to next year, if Baldwin’s current cash balance is $20,201 (000) and cash flows from operations next period are
AlekseyPX

Answer: Purchases assets at a cost of $15,000 (000)

Explanation:

Out of the 4 options presented, 2 involves cash coming into the company which are; Sells $5,000 (000) of their Long-term assets and Liquidates the entire inventory. As these 2 bring cash into the company, they will not make Baldwin need an emergency loan.

The other 2 however, take money from the company being; Retires $20,000 (000) in long-term debt and Purchases assets at a cost of $15,000 (000). Retirement of long-term debt will have been in the budget for a long time so there would be no need for <em>emergency</em> funding.

The Purchase of the assets on the other hand has a less chance of being budgeted for than the long term debt retirement and being such a significant outflow, could expose Baldwin to the risk of needing to seek emergency loans.

4 0
3 years ago
Federal Reserve Banks directly affect the national economy by:
liubo4ka [24]
Increasing and decreasing money supply
3 0
3 years ago
Read 2 more answers
a share of stock is now selling for $90. it will pay a dividend of $10 per share at the end of the year. its beta is 1.0. what m
Tom [10]

Investors anticipate that the stock will trade at $96.21 at the end of the year.

In line with CAPM

Required rate of Return (Ke) = Rm - (E(Rm) - Rf) * Beta

Rf = the risk-free rate.

E(Rm) stands for the expected rate of return on a market portfolio.

Ke = 4% + 1 * (18% - 4%) follows.

= 4% + 14% = 18%

now utilizing Gordon Growth Model

The stock's price is D1/ (Ke- g)

where D1 is the dividend for the next year.

g = Rate of Growth

90 = 10 / (18% - g)

g = 18% - 10/90 = 18% - 11.11% = 6.89%

Price anticipated at the year-end = D2 (Ke- g)

D2 = D1 * (1 + g) = 10 * (1 + 6.89%) = $10.689

Expected Price at the end of the year is equal to 10.689/ (18% - 6.89%), or 10.689/11.11%, or $96.21.

Investors anticipate that the stock will trade at $96.21 at the end of the year.

what is a market portfolio?

The term "market portfolio" refers to a portfolio that includes the weighted total of each item traded on the market, with the required supposition being that these assets are endlessly divisible.

learn more about it market portfolio-brainly.com/question/28005592

#SPJ4

8 0
1 year ago
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