1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga nikolaevna [1]
3 years ago
12

In a general ledger, credits always go on the

Business
2 answers:
Alenkasestr [34]3 years ago
6 0

Answer:

The correct answer would be, Credit always goes on the right side.

Explanation:

General Ledger is the set of accounts that businesses keep and maintain to have a record of their financial transactions. These ledger accounts help the accountants to make the financial statements and reports of the organization. Each account contains full detail about the specific account title. For example there would be a general ledger of Cash and this ledger will record all cash related transaction, and in the end will tell you the balance of cash account.

The format to write the ledge is to make a T account, and write Debit on the left side and credit on the right side, and record the transactions.

elena-s [515]3 years ago
3 0

Answer:

And for anyone wondering, debits go one the right.

Explanation:

"In a general ledger, debits always go on the left and credits always go on the right."

You might be interested in
what percentage of the total variation in candy bar sales is explained by prices? a. 88.54% b. 48.19% c. 78.39% d. 100%
MaRussiya [10]

Answer:

The correct option is c. 78.39%.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.

The explanation to the answer is now given as follows:

In regression model, R-squared (R^2) is the statistical measure that shows the percentage of the total variation a dependent variable that is explained by an independent variable(s).

From the question, the candy bar sales is the dependent variable while the Price is the independent variable.

Therefore, the R^2 is calculated using the RSQ function in the Microsoft excel.

Note: See the attached excel file for the calculation of the R^2 using the RSQ function.

For the data in the excel, the R^2 is calculated by simply typing =RSQ(C3:C8,B3:B8) anywhere in the attached excel file. This gives 0.7839. Converting this to a percentage gives 78.39%.

Therefore, percentage of the total variation in candy bar sales explained by prices is 78.39%. The correct option is c. 78.39%.

Download xlsx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xlsx </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
4 0
3 years ago
The management of Elaka Air, an airline company, has set a mandatory retirement age for its flight attendants. This is because t
Elodia [21]

Answer:

B. bona fide occupational qualification

Explanation:

Based on the information provided within the question it can be said that this scenario exemplifies a bona fide occupational qualification. This refers to a specific quality or attribute in which employers are able to consider and make their decision based on this whether or not they want to hire or retain an employee. Which in this case the attribute is the employees age. Since the company wants anyone at that age or higher to retire.

7 0
4 years ago
Carlos, a marketing manager at devon consulting, is attending an ethics training program at his workplace. during the training,
stealth61 [152]
<span>Carlos is least likely to learn how to role play employee dismissals. This activity does not tie directly tie into Carlos's position as marketing manager. Dismissing employees would most likely be handled by the HR department, not by someone who main goal is to develop marketing strategies. The other choices would make more sense to learn because they are situations that Carlos could possibly have to deal with. He has to solve problems with his position, and he would probably encounter dilemmas and have to use disciplinary actions when dealing with his subordinates.</span>
3 0
4 years ago
Leon is not very quick to purchase innovative products when they come out, but after a while he breaks down and buys if after mo
Dima020 [189]
Leon is best described as late majority, who are usually influenced by group norms. You can see that here as well - he didn't plan on buying that product, but he was influenced by the group of people around him, his friends, who have all bought it and recommend it to Leon to buy as well. He is "late" because he didn't purchase it immediately, but belongs to the majority, because most people will buy the product nevertheless. 
7 0
3 years ago
On January 1, Wei company begins the accounting period with a $35,000 credit balance in Allowance for Doubtful Accounts. On Febr
Genrish500 [490]

Answer:

Wei Company

Journal Entry:

Debit Allowance for Doubtful Accounts $7,800

Credit Accounts Receivable $7,800

To write-off accounts determined to be uncollectible.

Explanation:

a) Data and Calculations:

Allowance for Doubtful Accounts (Balance) = $35,000

Uncollectible accounts:

Oakley Co. $1,400

Brookes Co. $6,400

Total = $7,800

b) The amount of $7,800 considered to be uncollectible is written off against the Accounts Receivable.  This reduces the Accounts Receivable while correspondingly increasing the Allowance for Doubtful Accounts.

7 0
3 years ago
Other questions:
  • Avril Synchronistics will pay a dividend of $ 1.40 per share this year. It is expected that this dividend will grow by 7​% each
    6·1 answer
  • A new company with a balance of zero in their cash account had the following cash transaction in its first month: obtained a ban
    9·1 answer
  • Lee jeans meets customer demand by sending computer requests from stores to the manufacturing departments as jeans sell out in s
    5·1 answer
  • On January 1, 20X8, William Company acquired 30 percent of eGate Company's common stock, at underlying book value of $100,000. e
    6·1 answer
  • Baxley Brothers has a DSO of 26 days, and its annual sales are $6,205,000. What is its accounts receivable balance? Assume that
    13·1 answer
  • Dartford Company reported the following financial data for one of its divisions for the year; average investment center total as
    9·1 answer
  • Credit sales are recorded as: Multiple Choice Debit Accounts Receivable, credit Service Revenue. Debit Cash, credit Deferred Rev
    13·1 answer
  • Opportunity cost __. A) is always the value of the next best forgone opportunity B) can only be measured as a paid cost C) does
    9·1 answer
  • Explain why the credit industry wants you to believe that you need a credit score
    11·2 answers
  • just a mental health update, be sure to drink some water and get a heathy snack and don't to much work. Have a good day! &lt;3
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!