He had to account for the accruals and the prepayments during the period
Explanation:
When the adjustments are made and they are posted in the ledger then it is called as the trail adjustments and the second trail balance is prepared and it is given in the accounting cycle
After all the adjustments are made they are entered in the books of the company and the main purpose of them is to check the equities between the debit and the credit
Answer: Beta should buy from the outside supplier
Explanation:
If Beta produces the product itself, only avoidable costs would be accounted for:
= Direct labor + Direct material + Unavoidable overhead
= 10 + 20 + ( (1 - 40%) * 50)
= 10 + 20 + 30
= $60
If however, Beta buys the product, they will buy at $58 per unit which is less than the $60 they would make it for.
Beta should buy the product because they will be able to save $2 per unit.
I think the answer is a loan
Nazerhy deposits $8,000 in a certificate of deposit. the annual interest rate is 6%, and the interest will be compounded quarterly. The certificate worth 10 years is $14,555.17.
<h3>What do you mean by deposit?</h3>
- A deposit is the act of giving money (or money equivalents) to an organization, most frequently a bank or other financial institution.
- The deposit is a credit for the party that made it (individually or as a group), and it can be refunded (withdrawn) in line with the conditions set forth at the time of deposit, transferred to another party, or applied to a future purchase.
- The primary source of funding for banks typically deposits.
<h3>What is the interest rate?</h3>
- The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum).
- The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
Learn more about interest rate here:
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<span>When a manager stumbles, it could be viewed as a fault caused by the manager, the employees, and the company as well. The manager is all supported by everyone, so if someone drops the ball, or fails, the manager is at the brute front of it all.</span>
