Personal finance skills help you to understand how much you earn, what are your monthly expenses, and help you to budget within that income. It teaches you the basics of money management.
Answer:
many other sellers are offering a product that is essentially identical.
Explanation:
Answer:
I will utilize the strategy of the business model canvas.
Explanation:
The business model canvas is designed to reflect and prospect the future of the strategic plan of the business while also communicating systematically and strategically the focus on each business segment to each department as reflected in the question.
The areas of the business a business model canvas that will be focused on will include:
Key Partners, key activities, value proposition, customer relationship, customer segment , key resources, distribution channel, cost structure, and revenue stream.
The different section of the business model canvas that have been stated above when strategically discussed will address the need of every concerned department and party involved in the business plan and growth and will also address the diverse audience.
Answer:
The answer is "$13,000".
Explanation:
In the given question, From December 31, 2019, the sum should also be $13,000 as just a liability for both the general fund. Its first village owner is $3000 as well as the second villager is $10,000, because their contingent liability is registered to a fair degree, that's why its correct answer is "$13,000".
Answer and Explanation:
1. Petty cash Dr, 150
To Cash account $150
(Being establishment of the fund is recorded)
For recording this we debited the petty cash as it increased the current assets and credited the cash as it decreased the value of current assets
2. Office supplies $35
Entertainment expense Dr, $110
To Cash account (balancing figure) $140
To Cash short and over $5 ($150 - $35 - $110)
Here we debited the office supplies and entertainment expense as it increased the expenses and we credited the cash account as it decreased the current assets
3. Petty cash account $150 ($300 - $150)
To Cash account $150
(Being the increase in balance is recorded)
For recording this we debited the petty cash as it increased the current assets and credited the cash as it decreased the value of current assets
