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3 years ago

files kept within a department are -------------- files a. decentralized b. transactional c. direct access d. centralized

1 answer:

6 0

As an employer, you need to be vigilant about storing employee records in an employee file. As long as you have had at least one employee at your small business, you must maintain employee, or personnel, files during and after their employment.

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On January 1, Wei company begins the accounting period with a $40,000 credit balance in Allowance for Doubtful Accounts. On Febr

faltersainse [42]

Answer:

The Journal entries are as follows:

(a) On February 1,

Allowance for doubtful accounts Dr. $8,800

To Account receivable-Oakley Co $1,900

To Account receivable-Brookes Co $6,900

(To record write off)

(b) On June 5,

(i)

Account receivable-Oakley Co. Dr. $1,900

To Allowance for doubtful accounts $1,900

(To record amount reinstated)

(ii)

Cash A/c Dr. $1,900

To Account receivable-Oakley CO $1,900

(To record cash received)

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3 years ago

Part 1: You just heard a news story about mad cow disease in a neighboring country, and you believe that feeder cattle prices wi

Ilia_Sergeevich [38]

Answer:

$16,650

Explanation:

The computation for the market value of one contract is shown below:

= Size of the contract × current quoted price

where,

The Size of the contract is 50,000 lbs

and, the current quoted price is 0.333

So, the market value of one contract

= 50,000 lbs × 33.3 ÷ 100

= $16,650

hence, the market value of one contract is $16,650

3 0

4 years ago

New investors may want to consider _______ funds, which are mutual funds that invest in one particular kind of stock or a partic

Bond [772]

Answer:

B. index

Explanation:

New investors may want to consider to invest in index funds because they focus on a particular sector of the market or a particular type of bond, or indexes may follow and try to reciprocate the market for eg the. The purpose of an index fund is to copy and reciprocate the performance of a market index .

3 0

4 years ago

My boss really does not understand the technical aspects of the job my group is trying to complete. I understand the intricacies

dimaraw [331]

I have emerged as the team leader

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3 years ago

Jeri and Knute are members of Lighthouse Tours LLC, a limited liability company. With respect to Lighthouse Tours’s liability, a

slava [35]

Answer:

Personal liability

Explanation:

Jeri and Knute are shareholders in lighthouse tours LLC. As lighthouse tours LLC is a limited liability company, Jeri and Knute enjoy limited liability.

Legally, lighthouses LLC is independent of its shareholders. It has the right to own assets and incur liabilities. Should the company get to the dissolution stage, its assets will be used to settle its obligations. If the assets of the company are not sufficient, the shareholders' private properties cannot be used to pay the debts. Jeri and Knute will be liable only to the extent of capital contribution.

8 0

3 years ago