Answer and Explanation:
The computation of the ending cash balance with the help of the cash ledger is presented below:
<u>Cash account </u>
<u>Date Particulars Amount Date Particulars AMount </u>
April 1 Beg. Balance $1,900 April 16 Rent expense $400
April 3 Service revenue $1,400 April 20 Salaries & wages
expense $150
April 30 Ending balance $2,750
Answer:
Profits and losses play an important role in helping direct businesses toward productive projects and away from ones that are productive.
Explanation:
That is the essence of accounting and finance monitoring that the efforts that the company is carrying out are compensating with the corresponding profits; If this is not the case, we make corrections or start new projects. Knowing profits and losses, we can know if a business is viable or not.
Answer:
A relevant account from the chart of accounts
Explanation:
QuickBooks is an accounting software that is designed to assist users with little accounting experience manage their financial records.
Transactions in QuickBooks are classed as products and services. These are mapped to relevant accounts in the chart of accounts.
For example mapping can be done to asset or liability accounts.
When mapping there are three classes products and services can be mapped to:
-Inventory
-Non inventory
-Services
When setting up new product and service the appropriate class is chosen and relevant account is assigned to the product or service.
For example sales tax is mapped by default to sales tax payable account.
Answer:
a) increasing government spending or cutting taxes
Explanation:
Fiscal polices are polices enacted by the government to achieve certain macroeconomic objectives. There are two types of fiscal policies:
1. Expansionary fiscal policy: These are government policies which involves increasing government spending or cutting taxes. Decreasing taxes increases disposable income and increases consumption spending.
Increasing government spending increases money supply which increases consumption spending.
2. Contractionary fiscal policy: These are government policies which involves decreasing government spending or increasing taxes.
Monetary policy are policies enacted by the Central bank to achieve certain macroeconomic objectives.
I hope my answer helps you
Answer:
1. Giving employers the right and the necessary tools they need to make good business decisions that can improve the company's efficiency.
2. Reward outstanding achievements and encourage everyone to think outside the box as well as being productive.
3. Creating a challenging and interactive environment for everyone.
4. Inspiring everyone to do their best and let them know that they will certainly be rewarded.
Explanation:
Giving employers the right and the necessary tools they need to make good business decisions that can improve the company's efficiency. Reward outstanding achievements and encourage everyone to think outside the box as well as being productive. Creating a challenging and interactive environment for everyone. Inspiring everyone to do their best and let them know that they will certainly be rewarded.
