Answer:
Option (d) is correct.
Explanation:
Given that,
Cash = $300,000
Short-term investments = 400,000
Accounts receivable = 900,000
Total operating expenses = 640,000
Depreciation expense = 140,000
The numerator part in the formula of days' cash on hand is cash and cash equivalents available.
Cash and cash equivalents available:
= Cash + Short term investments
= $300,000 + $400,000
= $700,000
Answer:
A complete record of all transactions in chronological order from which transaction amounts are posted to the ledger accounts.
Explanation:
The general journal is the only entry point for all business transactions in order by date, which later will make its way into the books of accounts of the company. The definition was more appropriate when transactions were written in a journal prior to manually posting them to the accounts in the general ledger or subsidiary ledger.
Answer:
C. $2,444 under applied Estimated manufacturing overhead = $224,550 Estimated machine hours etc
Explanation:
Answer:
"All three levels are required to run an organization or a business " according to my point of view it is true without anyone levels (sector) business or organization not imagine to run
Answer:
When the <u>market</u> value of debt is the same as its face value, it is said to be selling at <u>par</u> value.
Explanation:
Face value and par value is same. When market price of the bond is same as the face value of the bond it is said that this debt is trading on its par value. Par or face value is the value on which bond is initially issued and the value mentioned on the face of the bond. So, When the <u>market</u> value of debt is the same as its face value, it is said to be selling at <u>par</u> value.
