According to the video, what are some things that Human Resources Managers do? Check all that apply

When we are doing the double entry for the closing inventory, why do we credit the inventory? I understand why we debit the clos

anastassius [24]

Answer:

Debiting in this case means to add to the inventory. Therefore, crediting means that inventory was used up when closing inventory.

Explanation:

A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. ... A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.

3 0

2 years ago

Explain business activities and classification ?<br><br>

nexus9112 [7]

Answer:

Business activities may broadly be classified into two categories namely (A) Industry and (B) Commerce. Industry involves production of goods and services whereas commerce is concerned with the distribution of goods and services.

Explanation:

hope helps

7 0

3 years ago

Read 2 more answers

On March 25, 2021, Phillips Corporation purchased bonds of Atlas Corporation for $132 million and classified the securities as t

ValentinkaMS [17]

Answer:

An unrealized holding gain of $28 million in 2019.

Explanation:

At the financial year-end, the company have to reevaluate the investment to recognize the gain or loss.

If the fair value is higher than actual investment, the company gain and vice versa it lost.

In this scenario, the fair value adjustment = the valuation on 31st December – purchased value = $150 million - $132 million = $28 million.

Because this step is just an approach to record new valuation of investment, then it’s consider unrealized.

In short, Phillips Corporation should first update the fair value adjustment of $28 million on December 31 2021

4 0

3 years ago

What amount would you have if you deposited 1800 a year for 30 years at 8% compounded annually

Bezzdna [24]

Yes so good indeed queen keep it up

6 0

3 years ago

A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks

BaLLatris [955]

Answer:

Forecast for the month of July = 41,600,000 Checks

Explanation:

The question is determine the forecast for the month of July for the Check Processing Center

first, what is the forecast for June= 42 Million Checks also called Fjune

Actual checks received in June = 40 million checks also called Ajune

The smoothing constant is 0.2

Hence, the forecast for July known as the Fjuly

= a x Ajune + (1-a) x SFune

= 0.2 x 40,000,000 + (1-0.2) x 42,000,000

= 8,000,000 + 33,600,000

Forecast for the month of July = 41,600,000 Checks

3 0

3 years ago