The benefits that a business brings to the community are:
<h3>Benefits of businesses</h3>
Businesses provide goods and services to the community that they are located in. This improves the welfare of that community as they would be able to consume more goods and services.
The business will also need to hire people from the community to work which means that it provides employment as well.
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Answer:
Match the invoice with the PO.
Record the transaction in the system.
Post the transaction to a ledger
Generate unadjusted Trial balance
Prepare adjusted Trial Balance.
Issue Financial statements
Closing entries
Post closing Trial balance.
Explanation:
The accounting procedure is followed to record any transaction of the business. The transaction are recorded in the system and then these transactions are posted into ledger which forms the trial balance and then financial statements are prepared.
Answer:
$5,490
Explanation:
Computation for the equivalent units for conversion costs
To complete beginning work in process inventory 360
[400*(1-10%)]
Units started and completed 4,500 (4,900-400)
Ending work in process inventory 630 (900*70%)
Equivalent units for Conversion costs $5,490 units
Therefore the equivalent units for conversion costs is $5,490
I can fill a room. Give me oxygen and i live, give me water and I die. What am I?
EASY ANSWER: FIRE