Answer:
A. Accounts Payable 1,280 Cash 1,280
Explanation:
Jawbreaker Company paid $640 on account to a creditor. The transaction was erroneously recorded as a debit to Cash of $640 and a credit to Accounts Payable of $640.
The correcting entry is a debit to Accounts Payable of 1,280 and a credit to Cash of 1,280
The correct entry for payment of a creditor on account is to
Dr Account Payable........640
Cr Cash......................................640
However the opposite to the above entry was passed which will give rise to an error double the impact of the transaction value because:
1.The correct transaction to the value of $640 is missing
2. The opposite of the transaction to the value of $640 is existing.
Hence the impact of the error is double the amount which explains the reason why the correction involved twice the value of $640 which is $1,280
Wait what?? What are you trying to ask?
Answer:
c an idea
Explanation:
can't have a business without an idea
Answer:
Nominal gross domestic product (GDP) measures the market value of all the new and legal goods and services produced in a country within a year. While real GDP adjusts nominal GDP to inflation. Since inflation is generally positive, real GDP decreases as inflation increases. The higher the inflation rate, the larger the difference between nominal and real GDP. Depending on which year is used as base year (year 0), the difference that existed in 2010 can be either significant or not.
The difference = ($14,657 / $13,245) - 1 = 10.66%, which means that nominal GDP was 10.66% higher than real GDP. If the base year is 2000 or even 2005/6, the difference is very small since the accumulated inflation would only be 10.66% for all these years. But if the base year was 2008 or even 2009, then the inflation rate is high.
Answer:
engaged in health promotion at the highest level of organizational commitment
Explanation:
As it is mentioned in the question that ReNaPro Inc i.e is a multinational marketing agency that provided its employees a health educational program. In addition, it also regularly offers health promotions and offered incentives.
So here ReNaPro engaged in the promotion of health for the highest level of organisational commitment
