All categories

2 years ago

For an accountant, which of the following tasks is the most likely to be done

Business

2 answers:

dezoksy [38]2 years ago

8 0

Answer:

Performing mathematical formulas

Explanation:

APEX

bija089 [108]2 years ago

6 0

Answer:

Explanation:

Which of the following tasks are least likely to be part of the accountant's role in ... be done, which are technical, environmental, legal, operational, and sensible.

You might be interested in

A farmer decides she wants to grow certified organic corn and sets out to meet all usda standards to do so. her crop grows well

disa [49]

<span>Crop rotation. Crop rotation is growing a series of dissimilar or different types of crops in the same plot in sequenced seasons. Peas, like other legumes, are nitrogen fixing crop. They recover depleted nitrogen and other nutrients squeezed out by the organic corn, making nitrogen available to the soil for use again. This practice takes advantage of the uniqueness of each crop make use of diverse natural and ecological resources present in the soil to maximize yield and increase output. The organic corn requires a lot of nutrient for root growth and with repeated use, the available nutrients has gotten depleted. Planting legumious crops which are good nitrogen-fixers will help to recover lost nutrient.</span>

7 0

2 years ago

On the first day of the fiscal year, Shiller Company borrowed $63,000 by giving a five-year, 12% installment note to Soros Bank.

lidiya [134]

Answer:

Bank A/c Dr $63,000

To Notes Payable $63,000

(Being the issuance of the installment note for cash is recorded)

Explanation:

The journal entry is shown below:

Bank A/c Dr $63,000

To Notes Payable $63,000

(Being the issuance of the installment note for cash is recorded)

For recording this transaction, we debited the bank account as it increased the assets account and at the same time it decreased the liabilities so the notes payable is credited

8 0

2 years ago

Perez Company acquires an ore mine at a cost of $2,940,000. It incurs additional costs of $823,200 to access the mine, which is

cluponka [151]

Answer:

$1,500,000

Explanation:

Step 1 : Determine depletion rate

Depletion rate = $3.57

Step 2 : Depletion expense

7 0

2 years ago

The entry to record the flow of direct labor costs into production in a job order cost accounting system is to

Nookie1986 [14]

Answer:

Debit : Work In Process Account and Credit : Salaries and Wages Payable Account

Explanation:

All manufacturing costs are accounted for in a Work in Process Account during manufacture. Therefore Debit the Work In Process Account to show accumulation of the manufacturing costs and Credit the Salaries and Wages Payable Account to show the utilization of labor.

4 0

2 years ago

Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $4,800, $9,800, and $

Harrizon [31]

Answer:

$23,977.29

Explanation:

In order to determine how much Marko would be willing to pay, we have to calculate the present value of the ABC Co.

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator:

Cash flow in year 1 =$4,800

Cash flow in year 2 = $9,800

Cash flow in year 3 = $16,000

I = 11%

Present value = $23,977.29

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0

2 years ago