Answer:
The given statement is <u>False.</u>
A balance sheet is often described as a "snapshot of a company's financial condition.
Answer:
Lets asume Taley Corp. is in Georgia
shareholders are typically not afforded the same rights as members of the board. Yet, shareholder rights allow for the inspection of business records as long as they follow the rules for inspecting documents under Georgia law
Explanation:
In Georgia, the statute provides shareholders have the right to copy the following records during normal business hours at the corporation’s principal office upon request
In order to access these particular records, shareholders have to make a good faith demand to inspect and the purpose for inspecting must be proper and reasonably relevant to the legitimate interest of the shareholder.
Shareholders also have to provide a description that reasonably indicates the purpose of the inspection and the requested records have to be directly connected to the shareholder’s purpose. Additionally, the records may only be used for the stated purpose.
Answer:
Correct option is $27,140.70
Explanation:
Provided information,
Provided number of employees in each department
Personnel 10
Cafeteria 25
Producing department A 316
Producing Department B 339
Department cost of personnel department = $52,440
Using direct method this will be allocated to Producing Departments only
A = 316 employees
B = 339 employees
Total = 655
Therefore cost allocated to Department B = 
Correct option is $27,140.70
Answer:
b
Explanation:
if you have a good credit score it will show that you are responsible enough to pay small payments at a time
Answer:
A. An asset account increases.
G. Retained Earnings increase.
Explanation:
The starting point for this analysis would be using the double entries for the transaction,hence the invoicing of customers would give rise to the below entries:
Dr Receivables (asset increases) $4,150
Cr Sales revenue(increase in retained earnings) $4,150
Ultimately, the correct options are A,an asset account increases and G retained earnings increase,since the sales revenue brings about net income that would be recorded as part of retained earnings at the close of the period under consideration
