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Alexus [3.1K]
3 years ago
13

Issued a note with the proceeds used to finance the cost of acquiring journal entry

Business
1 answer:
Aleks [24]3 years ago
7 0
Journalize the entry in the general fund to record the allocation of this second allotment
You might be interested in
Free rein leaders can be described as:
kodGreya [7K]

Answer:

It is C. Democratic

Explanation:

It is Democratic, because free rein leaders can be described as

One who allows individuals under them to make most of the decisions or a policy of allowing employees/members of an organisation to handle problems by their own judgement.

This tells you that Free rein leaders can be described as Democratic

5 0
3 years ago
Firms can take out term life-insurance policies on their top executives. <br> a. True <br> b. False
Alika [10]
I believe the answer is A true
6 0
2 years ago
Of all the types of managers, managers of global social media campaigns are the ones who need not be aware of the cultures of th
Eduardwww [97]

Answer:

False

Explanation:

Of all the managers, managers of global social media campaigns are the ones who need to be most aware of the cultures in the countries in which they operate.

6 0
3 years ago
Assume Simple Co. had credit sales of $249,000 and cost of goods sold of $149,000 for the period. Simple uses the percentage of
ella [17]

Answer:

$5,220

Explanation:

The computation of the bad debt expense for the period end adjustment is shown below:

= Allowance of bad debts + credit balance of  Allowance for Doubtful Accounts

where,

Allowance of bad debts = 2% × $249,000 = $4,980

And, the credit balance of  Allowance for Doubtful Accounts is $240

Now put these values to the above formula  

So, the value would equal to

= $4,980 + $240

= $5,220

The journal entry is shown below:

Bad debt expense A/c Dr $5,220

   To Allowance for Doubtful Accounts $5,220

(Being bad debt is recorded)

5 0
3 years ago
Gary Kelly, CEO of Southwest Airlines, talks to a group of reservation agents to acknowledge their contributions to the company'
Olenka [21]

Answer:

leading

Explanation:

The function of management that the CEO is performing in this scenario is known as leading. This function focuses on motivating employees and influencing their behavior to achieve organizational objectives. In this scenario, the CEO of the company is motivating the employees by letting them know that they have been doing a great job and that top management is noticing their efforts which in term will cause them to perform even better with hopes that they will get bonuses or a promotion.

3 0
3 years ago
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