Supplies that are not used immediately are recorded as an asset when purchased. Supplies are various items belonging to the company that have consumable properties, or can be used many times. In general, various items that are included in the equipment or supplies have a shape that tends to be smaller and has the aim of completing the company's needs.
Supplies are divided into two things, which is:
1. Office supplies or office supplies are various items that are needed to carry out various office activities, such as paper, pens, pencils, erasers, rulers, pencil sharpeners and various other stationery.
2. Factory equipment or factory supplies are various items needed to carry out activities in the factory. A simple example is a variety of equipment to be able to maintain and clean production machinery equipment.
#SPJ4
Answer:
Delivery versus payment account is the correct answer.
Explanation:
Answer:
<em>Control environment; risk assessment process; control activities; the information system, including related business processes; and monitoring of controls.</em>
Explanation:
<em>From the following, the </em><em>OPTION which best illustrates the interrelated components </em><em>of internal control is </em><em>OPTION (C).</em>
Because as we know that interrelated components of internal control consists of co-ordination, as well as handling and controlling the system, taking illustration of the work and making of positive decisions.
So this is the reason OPTION (C) will be the answer, as it also consist all of the components which are present in interrelated components of internal control.
Morgan will get $1600 with the process of simple interest.
<h3>what is simple interest?</h3>
Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.
Rate of interest = 12%
principal = $1000
Time = 5 years
Simple interest
Now amount = 1000+600 = 1600.
Therefore, Morgan will get $1600.
To learn more about simple interest from the given link
brainly.com/question/25793394
#SPJ4
Answer:
Total utility is 50
Explanation:
Mathematically;
TU = U1+MU2+MU3+MU4+MU5
TU = Total utility
U1= utility of 1st product of good Y
MU2= Marginal utility of 2nd product of good Y.............
MU5= Marginal utility of 5th product of good Y
Solution:
TUy= 15+15+10+7+3
TUy= 50.
