1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Paladinen [302]
3 years ago
10

What is the book of first entry​

Business
1 answer:
taurus [48]3 years ago
3 0

Answer:

Journals

Explanation:

“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"

You might be interested in
Do i need a LLC for a lipgloss business
zaharov [31]

Answer:

No, you do not.

Explanation:

6 0
3 years ago
How is an investment bank different from a commercial bank?
Fed [463]

Answer:

the answer is A. An investment bank is a non-depository institution; a commercial  bank takes customer's deposits.

Explanation:

An investment bank is catering specially to the business and institutional requirements while a commercial bank tends to support the requirements of general public and private businesses.

3 0
3 years ago
If the dollars held for transactions purposes are, on the average, spent four times a year for final goods and services, then th
Ede4ka [16]

Answer:

The answer is (B) which is the 25 percent of nominal GDP.

Now, the question may arise that what prompted us in choosing the option (b)

This consequentially will take us to the point where we define and discuss on how we calculate for nominal GDP

What is nominal GDP:

Nominal GDP which simply means a group or pattern of measurement of a country gross domestic product. It is usually being analysed at market current prices. Hence, nominal GDP includes all of the changes in market prices that happened during the current  or existing year due to inflation or deflation.

How do we calculate for nominal GDP:

It is calculated by dividing Nominal GDP by Real GDP and then multiplying by 100.

It should also be noted that Nominal GDP is the market value of goods and services produced in an economy in its raw or un-adjusted  format for inflation. Real GDP is nominal GDP, adjusted for inflation to reflect changes in real output.

8 0
4 years ago
Ajax Inc. was formed on April 25 and elected a calendar year for tax purposes. Ajax paid $13,200 to the attorney who drew up the
vampirchik [111]

Answer: $5510

Explanation:

For organizations cost up to $50,000, there'll be a deduction of $5000. The remaining non deductible expense will then be spread out for 180 months. Here, the non deductible cost will be:

= ($13200 + $7100) - $5000

= $20300 - $5000

= $15300

The capitalized cost will then be:

= $15300 / 180

= $85 per month.

Since there's an ammortization of 6 months from July, then the capitalized cost will be:

= $85 × 6

= $510

Therefore, the amount that should be deducted on its first tax return will be:

= $5000 + $510

= $5510

8 0
3 years ago
Students must choose to use their time after school either to work, to complete homework, or to relax. Which concept does this i
sweet [91]
The best answer is B) Scarcity

Scarcity refers to the fact that we do not have an unlimited amount of resources with which to obtain the things we want. In this case, students have various obligations and desires, such as working, relaxing, and doing homework, but a scarcity of time with which to do these things. 
3 0
4 years ago
Other questions:
  • Developing effective marketing communications starts with​ __________.
    11·1 answer
  • Oceanview Enterprises offers scenic cruises to exotic destinations in the South Pacific, such as Tahiti and the Marshall Islands
    11·1 answer
  • Outdoor Company expects to sell 7 comma 500 units for $ 175 each for a total of $ 1 comma 312 comma 500 in January and 2 comma 5
    7·1 answer
  • Mark recently graduated with honors from his college. He has bragged to his friends that his academic performance has prepared h
    10·1 answer
  • You possess a SECRET personnel security clearance and have been assigned to work on Project X. Carlos is your superior and has a
    13·1 answer
  • Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labo
    13·1 answer
  • Consider the following
    9·1 answer
  • 1. Formulate a clear and focused research question to investigate the statement of inquiry.
    13·1 answer
  • The y-combo company is in need of new software to run its information technology services. Y-combo narrows down the prospects to
    13·1 answer
  • is the term used to describe the ongoing exchange of ideas, money, goods and services, art works, and languages among nations an
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!