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Alex777 [14]
3 years ago
7

Prepare journal entries for each of the following

Business
1 answer:
vova2212 [387]3 years ago
7 0

Answer:

The Journal entries are as follows:

(a)  On March 1,

Petty cash A/c   Dr.  $1,000

To cash                                   $1,000

(To record petty cash fund)

(b) On April 1,

Repairs Expense A/c     Dr.  $600

Miscellaneous Selling Expense A/c   Dr. $56

To Cash Short and Over                                                 $29

To cash                                                                             $685

(To record cash short and over account.)

Notes:

Cash Short and Over = 1000 - (600 + 56 + 315)

                                   = $29

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Greatings,

First advantage is that you are not lonely :)

Second advantage is if something goes wrong it can be someone else mistake.

Third advantage is that team members do together research and each member pin most significant results.

Forth advantage is that when working in team new ideas and routes to solutions emerge faster and better.

Fifth advantage is you can get in argument and see that you are not smartest person in universe.


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3 years ago
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Despite potential benefits the disadvantages of a matrix structure include which of the following
SVEN [57.7K]

There are different disadvantage of a matrix organizational structure. Despite potential benefits, the disadvantages of a matrix structure is that;

  • There seems to be a potential for interpersonal conflict with team members and also with the leaders.

<h3>A matrix organizational structure </h3>

  • A matrix organizational structure is known to be a type of struct that allows a lot of departments to quickly communicate and work together on a project.

A disadvantage of a this organizational structure is that its members of a specific project team in this matrix organization structure often have a two reporting relationship, which can lead to anxiety and conflict over work set up.

Learn more about matrix organizational structure from

brainly.com/question/7437866

6 0
2 years ago
Consider a no-load mutual fund with $390 million in assets and 15 million shares at the start of the year and with $440 million
Lyrx [107]

Answer:

20%

Explanation:

The computation of rate of return on the fund is shown below:-

Net assets value at the beginning = Total assets ÷ Number of shares

= $390 million ÷ 15 million

= $26 million

Net assets value at the end of the year = (Total assets - Expenses) ÷ Number of shares

= ($440 million - ($440 million × 2%)) ÷ 16 million

= ($440 million - $8.8 million) ÷ 16 million

= $26.95 million

Now,

Rate of return = (Net assets value at the end of the year - Net assets value at the end of the year + Income distribution + Capital gain distribution) ÷ Net assets value at the beginning

= ($26.95 million - $26 million + $4 per share + $0.25 per share) ÷ $26 million

= $5.2 million ÷ $26 million

= 20%

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3 years ago
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Answer:the working conditions of the place show that it will be easier to work in and that if the company has a good image of themself then you would probably earn more money.

Explanation:

I tried the best I could.

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3 years ago
Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,0
yuradex [85]
I’m not sure but I think it’s A
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