A company usually determines the amount of supplies used during a period by:

1 answer:

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<span>Supplies used in the period is computed by taking the difference between the balance of the Supplies account and the cost of supplies on hand. The sum of supplies that aren't used as of the balance sheet date must be stated in the asset account Supplies or Supplies on Hand. The supplies that have been used during the accounting period must be stated in the income statement account Supplies Expense. Essentially, supplies are assets until they are used. When they are used, they become an expenditure.</span>

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Answer: C. . the efforts of a company's whole management team, not just a few senior managers

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Planning, implementing and carrying out strategies requires a careful, collective and calculative decision to be made by all head of department and the board of an organization, because the decision taken will rub off through these departments for implementation. The decision or choice of decision should not be left to a few persons in the organization because when the ideas and plans are arranged the execution may fail as all the respective department were not involved by their heads.

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Answer and Explanation:

The journal entry to record the sales transaction is given below:

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3 years ago

Reasons starting for world war one

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<h3>hope it will help u in understanding☺</h3>

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Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet da

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Return on common stockholders’ equity = net income / average stockholders' equity = $78 / ($992 + $1,031) = 7.71%

Gross profit rate = gross profit / total sales = $1,716 / $5,200 = 33%

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