The term that is being described above is EXPEDITING. From the term itself, expedite means to a process of making something happen sooner or immediately. When it comes to business, expediting is a term that refers to the management of purchases wherein the products are being delivered and arrived in a timely fashion while maintaining its quality.
Boomer company purchased office equipment for $1,000 on december 5. the office equipment depreciated $30 during december. the adjusting entry should include a: Debit to Depreciation expense $ 30
Adjusting entries correct previously recorded journal entries, allowing revenue and costs to be recognized as they occur.
Assume, for example, Depreciation that you bill a customer for $1,000 in services in December. They then pay you in January or February, after the previous fiscal year has ended.
To begin, you record the cash in December as profit expected to be collected in the future in accounts receivable. Then, when the client pays in February, an adjustment entry must be made to record the receivable as cash.
This is referred to as an accrued revenue adjustment entry.
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The type of communication illustrated is A) intrapersonal
Answer:
chief executive officer (CEO)
Explanation:
Based on the scenario being described within the question it can be said that In this case, Thompson will most likely report to the chief executive officer (CEO) of the company. This is the highest ranking position within a company and is responsible for making all of the company's major decisions. The chief information officer reports directly to the CEO of the company.
starting with a balance of $1200,
debit -345: 1200 - 345 = 855
debit -43: 855 - 43 = 812
credit +123: 812 + 123 = 935
New balance is $935
