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2 years ago

Given the list of accounts below, identify which of them would appear on a balance sheet. (Check all that apply.)

Business

1 answer:

aksik [14]2 years ago

4 0

Answer:

(A) Accounts Payable - Liabilities

(D) Equipment - Assets

(E) Supplies - Assets

(F) Retained earning - Owner's Equity

(H) Cash - Assets

Explanation:

The major categories in a balance sheets are: Assets, Liabilities and Owner's Equity,

Assets are many things (as equipment, machinery, Receivables, etc) that belongs to the company, please see details in the answer.

Liabilities represent the obligations of the company with all kind of creditors.

And finally Owner's Equity it's the Capital that support part of the Assets along with the Liabilites.

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The owner of Shady Grove Company has the bookkeeper write company checks to pay for his personal items. This violates __________

Rainbow [258]

Answer:

The separate-entity assumption

Explanation:

The separate-entity assumption is a principal in accounting according to which the financial transactions of a business and the personal expenses of the owners is to kept separate from each other. The expenses derived solely for the business is only to be counted under the expenses of the company. Inclusion of any personal expenses of the owner or any partner of the business is prohibited under this principal.

In the given excerpt, the owner of Shady Grove Company had violated the separate-entity assumption by including the expenses of his personal items under the name of the Company.

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2 years ago

What does a company's customer service department do? A. Promote the company to new groups of potential customers. B. Interact w

meriva

B. Interact with customers after they have purchased the product.

For example, if you are having trouble with a product or it has a malfunction, you would call the customer service for the company/product for assistance.

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3 years ago

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Kaira's company recently switched to a new calendaring system provided by a vendor. Kaira and other users connect to the system,

nikitadnepr [17]

Answer:

Software as a Service (SaaS)

Explanation:

Software as a service (SaaS) allows users connected to cloud-based applications over the Internet and use them. Some common examples are email, calendars and office tools (such as Microsoft Office 365).

SaaS offers a comprehensive software solution that is acquired from a cloud service provider through a pay-per-use model. It is possible to rent the use of an application for the organization and users connect to it through the Internet, usually with a web browser. All underlying infrastructure, middleware, software and application data are located in the provider's data center. The service provider manages the hardware and software and, with the appropriate service contract, will also guarantee the availability and security of the application and data. SaaS allows an organization to get started and can run applications with a minimal initial cost.

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3 years ago

Intermediate and deep earthquakes occur along ____________.

Mekhanik [1.2K]

I think the answer is convergent plate boundaries, but I am not positive. hope this helps :)

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3 years ago

The widespread use of mobile devices such as tablets has resulted in employees bringing their own devices into the workplace and

Marta_Voda [28]

The answer to this question is Bring Your Own Device or also known as (BYOT).

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3 years ago