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3 years ago

Match the items.

Business

1 answer:

Igoryamba3 years ago

6 0

Answer:

D --> 3

B --> 2

A --> 1

C --> 4

Explanation:

1.- The company should pick the most probable outcome when possible to evaluate liabilities, and only recognize revenues and assets with certain.

Between two favorable figures, it will pick the lowest if it is not certain about the second outcome.

2.-The accounting should disclosure all information useful for third parties to make knowledgeable decisions about a company

3: the accounting should keep the same method over the years, so the assets valuation follow a certain logic. If the accounting change method every year, then the valuation of the assets will differ from period to period. This will make the books of previous year difficult to compare with the current year.

4.- The company needs to show any important data which is significant to the business

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Examples of short text advising customer of short delay in delivery

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Answer:

Dear Sir/Madam,

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3 years ago

Petty Cash Fund Entries Journalize the entries to record the following: Check is issued to establish a petty cash fund of $1,200

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Answer:

Dr Petty cash fund 1,200

Cr Cash 1,200

Dr Office supplies expenses 466

Dr Miscellaneous selling expenses 193

Dr Miscellaneous administrative expenses 121

Dr Cash short and over 24

Cr Petty cash fund 804

Dr Petty cash fund 804

Cr Cash 804

the balance in the petty cash fund is $1,2000 again

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3 years ago

The greater the magnitude of the external benefits of production, a. The larger is the deadweight loss from underproduction. b

Naddika [18.5K]

Answer:

d. All of the above are true

Explanation:

External costs happen if during production or consumption of a good or a service there is a negative effect on another party. The existence of this can bring about market failure. In the presence of externalities social benefit costs are a combination of private costs and also external benefits of production.

All of the options a, n and c are true so d is the answer here.

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3 years ago

United Supply has a $20 million liability at December 31, 2021, of which $4 million is payable in each of the next five years. U

expeople1 [14]

Serían 800,00 por año

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3 years ago

Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Eq

o-na [289]

Answer:

The correct answer is C. 3240 units.

Explanation:

The calculation of Equivalent units of production for the year is given below.

Add

Begining inventory = 60% * 200 = 120 units

completed in this period

Units put in process = 3200 units

Less

Un-complete closing = 20% * 400 = (80 units)

stock

Equivalent units = 3240

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3 years ago