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3 years ago

1. In what way do organization charts create a picture of an organization?

Business

1 answer:

Allushta [10]3 years ago

5 0

Answer:

In a structural way

Explanation:

the chart is the diagram that shows how the power flows through the company as it indicates the levels of hierarchy within.

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Which of the following types of accounts have a normal credit balance? a.Capital and drawing b.Assets and liabilities c.Revenues

avanturin [10]

Answer:

c.Revenues and capital

Explanation:

In accounting when posting to accounts the following have normal credit and debit, meaning when it is debited it's balance reduces and when it is credited its balance increases: Revenue, Liabilities, and Capital (owner's equity).

On the other hand Assets and Expenses have abnormal balance. A debit will result in increased balance, while a credit results in reduced balance.

4 0

3 years ago

If you have a business and you are spending more money then your making how do you turn it around

qaws [65]

U can help the poor by giving some money

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3 years ago

Firms will generally make-to-order when

Semmy [17]

Firms will generally make-to-order when the demand for goods is not stable.

<h3>What is Make to order?</h3>

Make to order (MTO) is a production process that involves a customer ordering a specific products which is usually different from the general products.

The products may be customized and its usually done when a company has less demand or work.

Therefore, Firms will generally make-to-order when the demand for goods is not stable.

Learn more make to order below

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8 0

1 year ago

What is the payback period for a project with an initial investment of $180,000 that provides an annual cash inflow of $40,000 f

kotykmax [81]

Answer:

It will take 5.2 years to cover the initial investment.

Explanation:

<u>The payback period is the time required to cover the initial investment.</u>

year 1= 40,000 - 180,000= -140,000

Year 2= 40,000 - 140,000= -100,000

Year 3= 40,000 - 100,000= -60,000

Year 4= 25,000 - 60,000= -35,000

Year 5= 25,000 - 35,000= -10,000

Year 6= 50,000 - 10,000= 40,000

<u>To be more accurate:</u>

(10,000/50,000)= 0.2

It will take 5.2 years to cover for the initial investment.

5 0

2 years ago

Once the adjusting entries are posted, the adjusted trial balance is prepared to a. verify that the debits and credits are in ba

lbvjy [14]

Answer:

a. verify that the debits and credits are in balance

Explanation:

A periodic system of inventory can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.

On the other hand, a perpetual inventory system is a type of inventory management that continuously records in real-time the amount of inventory sold or purchased through the use of enterprise software or technological software applications such as a point of sale (POS).

A journal entry involves the process of keeping the records of business transactions made by an organization.

The journal entry is used by bookkeepers and accountants. Ideally, it is important that a journal has all of following informations; date, reference number, debit balance, credit balance and transaction description.

In Accounting, most businesses use a double-entry account system and as such, the total amount debited must equal the total amount credited in a journal entry.

Once the adjusting entries are posted, the adjusted trial balance is prepared to verify that the debits and credits are in balance.

6 0

2 years ago