Answer:
Correct option is (a)
Explanation:
Adjusting journal entries are passed before financial statements are prepared to so as to confirm if revenue recognition and matching principles are complied with. Adjusting entries are required to be passed if transactions is spread over multiple financial periods. For example, adjusting entry is passed if goods are received this year but payment will be made next year.
Before income statement and balance sheet is prepared, these entries are passed. Thereafter, adjusting trial balance is prepared and finally financial statements are prepared.
The responsibility for answering the phones and filing correspondence in addition to the tasks is an example of extension.
<h3>What is an extension?</h3>
- An extension refers to doing an even wider range of tasks in addition to the tasks assigned.
- Task switching is a sort of multitasking that involves switching between several abilities, tasks, or cognitive sets.
- Multitasking is the practice of dividing one's attention among several skills, tasks, or cognitive sets.
- The process of working as an extension involves interspersing and overlapping the execution of various programs. This is frequently accomplished by taking advantage of the discrepancy between a computer's quick processing power and its slower input/output devices.
- If necessary, put off other chores so that one may focus entirely on the important ones when working as an extension.
- In order to do the assignment on time, one may need to make wise choices, such as calling off a meeting. A good leader may change with the times and deviate from the norm to deal with the problems at hand.
To learn more about Multitasking refer to:
brainly.com/question/15503594
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Answer and Explanation:
The preparation of the operating activities section is presented below:
Cash flows from operating activities
Net income $374,000
Adjustments made
Add: Depreciation $44,000
add: Amortisation expanses $7,200
Add: Accounts receivable decrease $17,100
Add: Inventory decrease $42,000
Less: Prepaid expense increase -$4,700
Less: Accounts payable decrease -$8,200
Add: Wages payable increases $1,200
Less: Gain on sale of machinery -$6,000
Net cash provided by operating activities $466,600
Answer: Advertisements
Explanation:
Search engine marketing is a form of internet marketing, where website owners increase their website's views from search engine results, this can be achieved through paid or unpaid adverts.
The paid adverts may include the use paid Google adverts while the unpaid adverts would include the use of search engine optimization.
