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3 years ago

Which economic player did John Maynard Keynes feel was capable of restarting the economy during the Great Depression?

1 answer:

5 0

The economic player John Maynard Keynes felt that the government was capable of restarting the economy during the great depression.

so the answer is D.

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Under the accrual basis of accounting: a. cash must be received before revenue is recognized. b. a company’s accounts must be ad

Flauer [41]

Answer: Option D

Explanation: In simple words, accrual basis refers to the method of accounting in which the expenses are recorded when they are incurred and revenues are recorded when they are earned.

Under this method, accountant does not take into consideration whether the cash has been exchanged or not. This is widely followed as it represents the position of an organisation more effectively.

3 0

3 years ago

Darin Company uses a perpetual inventory system. On October 1, Darin Company sold inventory in the amount of $6,500 to Dee Compa

pav-90 [236]

Answer:

Debit : Cash $5,870

Credit : Accounts Receivable $5,870

Explanation:

The journal entry to be prepared by Darin Company on October 8 to record the receipt of payment from Dee consist of a Debit in Cash and Credit Accounts Receivable at the amount outstanding after deducting cash discount and returns.

Amount Outstanding

Total Accounts Receivable $6,500

Less Cash discount at 2 % ($130)

Less Returns ($500)

Outstanding amount $5,870

8 0

3 years ago

Stakeholder engagement should include both internal, as well as external, stakeholders and emphasize issues that directly affect

lesantik [10]

The statement that, "Stakeholder engagement should include both internal, as well as external, stakeholders and emphasize issues that directly affect corporate strategy" is True.

<h3>What is Stakeholder engagement?</h3>

Stakeholder engagement refers to a type of meeting that all the major players in an industry. Stakeholder engagement is designed to tackle the issues that directly affect the organization.

Stakeholders are expected to make their own input and be aware of any major changes that ought to be carried out in the interest of the organization. Since their funds are involved in the business, they ought to be aware of all important decisions.

Learn more about stakeholder engagement here:

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7 0

1 year ago

An individual client asks a CPA to determine whether the client is solvent for federal tax purposes. The client has assets consi

allochka39001 [22]

Answer:

The client is insolvent since the client's liabilities exceed the fair market value of the client's assets by $20,000

Explanation:

6 0

3 years ago

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $726,887 and Allo

In-s [12.5K]

Answer:

$703,575

Explanation:

The computation of the net realizable value of accounts receivable is shown below:-

Net realizable value of accounts receivable = Accounts Receivable - Allowance for doubtful accounts

= $726,887 - $23,312

= $703,575

So, for computing the net realizable value of accounts receivable we simply applied the above formula.

4 0

4 years ago