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Veseljchak [2.6K]
3 years ago
9

What journal should a company uses to capture cash transactions?

Business
1 answer:
alexira [117]3 years ago
7 0
I think it is (The Cash<span> Payments </span><span>Journal)  

</span>
You might be interested in
Highway 151 Inc. can further process 2,500 pounds of Product C to produce Product M. Product C is currently selling for $36 per
Grace [21]

Answer:

$27,500

Explanation:

Revenue from the sale of  Product C = $36 × 2500

                                                             = $90,000

Cost to produce Product C = $14 × 2500

                                             = $35,000

Revenue from the sale of Product M = $47 × 2500

                                                              = $117,500

Differential Total Net Revenue of producing Product M

= $117,500 - $90,000

= $27,500

4 0
2 years ago
Read 2 more answers
A company that loans money to an organization is a(n):______.a. supplier.b. lender.c. shareholder.d. investor.
fomenos

Answer:

lender.

Explanation:

A lender is an individual or company that makes funds available another com[any. Lenders receive fixed payments based on a predetermined rate at an agreed time.

A shareholder is the owner of a company. A shareholder is a person who buys the stock of a publicly traded company

Supplier provides raw materials needed for production to a company

An investor can either be a lender or shareholder

6 0
3 years ago
Which of the following statements best describes the attitudes of an old-style manager?Most people wish to avoid responsibility,
Shkiper50 [21]

Answer:

The correct answer is: Most people wish to avoid responsibility, have little ambition, and want security.

Explanation:

This type of management thinking responds to the early theories of management, more especially to the classical theories of organization. These theories were devoted to the superior's authority, objectives, rules and, economic activities.  They organized men and materials for achieving objectives for their benefits, characterized by a large and complex atmosphere with impersonal detachment from human resources.

The motivation of workers were purely by bonus and monetary benefits. The general idea was that workers were inspired to perform the job if they are paid according to their contributions. Workers are considered economic beings.  Man was considered a rational and not an emotional being.  It assumes that man wants only money, and this assumption provides the maximum opportunity to exploit employees.  The idea that people avoid responsibility is due to the hierarchy and chain of command, the responsibility of the work rests on the superior.

8 0
3 years ago
First National Bank charges 13.6 percent compounded monthly on its business loans. First United Bank charges 13.9 percent compou
melomori [17]

Answer:

First National EAR 14.48%

First United EAR 14.38%

Explanation:

Calculation to determine Calculate the EAR for First National Bank and First United Bank.

Using this formula

EAR = [1 + (APR / m)]m − 1

Let plug in the formula

First National EAR = [1 + (.136 / 12)]12 − 1

First National EAR= .1448*100

First National EAR=14.48%

First United EAR = [1 + (.139 / 2)]2 − 1

First United EAR = .1438*100

First United EAR = 14.38%

Therefore the EAR for First National Bank and First United Bank will be :

First National EAR 14.48%

First United EAR 14.38%

8 0
3 years ago
The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. Finished goods
Arada [10]

Answer: 4,375 units

Explanation:

The budgeted production for July will be;

= July sales + Ending inventory - Beginning inventory

Ending inventory = 25% * August sales =25% * 4,900 = 1,225

Budgeted production = 4,200 + 1,225 - 1050 = 4,375 units

3 0
2 years ago
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