Answer and Explanation:
The journal entries required to adjust the balance of cash as follows:
1. Cash Dr $1,128
To Notes receivable $1,100
To Interest revenue $28
(Being the cash is recorded)
Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue
2. Service expense Dr $78
Account receivable Dr $280
To cash $358
(being the cash paid is recorded)
here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets
The target capital structure and the companies that prefer them are:
Equity Capital structure:
- Managers with a conservative management style.
- Companies not in a position to provide collateral.
- Companies want to show a high credit rating.
Debt Capital:
- Companies with high growth rate.
- Businesses in the growth stage.
- Fast-growing companies like software.
<h3>What drives companies to pick either debt or equity?</h3>
Companies that are conservative and want to have high credit ratings will not employ debt as much because it is risky. Companies that cannot give collateral for debt also prefer equity.
Companies that are growing on the other hand, prefer to go for debt because they have the capacity to pay it off.
Find out more on the decision between debt and equity at brainly.com/question/24322461.
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A(n) Enterprise System is central to individuals and organizations of all sizes and ensures that information can be shared across all business functions and all levels of management to support the running and managing of a business.
<h3><u>
Explanation:</u></h3>
The important process that are used by the business can be easily integrated and coordinated with the help of an ERP or an enterprise system. The main purpose of using an ERP system is for the planning of the resources that are used by an organisation. This helps an organisation to integrate different range of applications and also managing the supply chains.
There are different Enterprise system that business can use for its effective working. They include resources planning (ERP) systems,
customer relationship management software and enterprise planning systems. An Enterprise System acts as a hub in center for the organisations of varying size and serves it for ensuring information flow along the management levels and business functions for its effective operation.
The figure utilized evaluating a country's riches with the Human Development Index is a country's GDP for each individual. The Human Development Index (HDI) is a composite measurement of future, instruction, and per capita pay markers, which are utilized to rank nations into four levels of human improvement.
