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valentinak56 [21]
3 years ago
10

After you record your business transactions, what’s the next step in the process of turning this data into useful information

Business
1 answer:
sesenic [268]3 years ago
6 0

Answer:

after yopu record the transaction using the double entry sysem, then you must identify the category which these balances belong to such as Assets, expenses, Liabilities, Income or Equity.

It is only after this identification we can apply these to calculate the overal financial productivity of the organization or the profit. because then we can identify the effect these balances have upon the profit!

Explanation:

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What are some well paying animal related jobs that don't require lots of school?
devlian [24]

Answer:

groomer, kennel attendant, veterinary assistant, trainer, Animal Control worker.

Explanation:

these are all examples of high paying animal related jobs that do not require less of school, though depending on the facility, they may require schooling.

7 0
3 years ago
Crawl Inc., has 1,000 shares of 6%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock out
Maslowich

Answer:

total dividends distributed to common stock $6,000

dividends per common stock $0.12

Explanation:

preferred stock dividends = 1,000 x 6% x $50 = $3,000

since they are cumulative, if the dividends are not paid during one year, they must be paid in the next periods

the distribution of the $10,000 in dividends in 2018:

  • preferred dividends = $1,000 + $3,000 = $4,000
  • common stock dividends = $6,000

dividends per common stock = $6,000 / 50,000 = $0.12

5 0
3 years ago
Identify some of the gains that labor unions have made in the United States. What gain do you think is the most important? Why?
nikklg [1K]

Answer:

Unions have achieved many of their goals for improving working conditions in the United States. Workers in the United States today enjoy higher wages, safer work environments, and shorter work days than workers in previous years. Workers today also have paid vacations and fringe benefits. Also, because of labor unions, the collective bargaining process has helped define acceptable actions for labor and management. (Students should state which of the above listed achievements they consider to be the most important and why.)

Explanation:

hope this helps :)

4 0
3 years ago
Read 2 more answers
Calculate the net income earned during the year. Assume that the change to stockholder's equity results only from net income ear
Nutka1998 [239]

Answer:

The net income earned during the year is $ 5,000

Explanation:

The first point to kn ow is the accounting equation is A=L+SE

So to calculate the opening stockholders equity we can rearrange the accounting equation to be:

A-L = SE

so opening SE is

Assets $ 50,000 - Liabilities $ 40,000 =  Stockholders Equity $ 10,000

Ending Stockholders equity is:

Assets $ 35,000 - Liabilities $ 20,000 = Stockholders Equity $ 15,000

Since the question mentions that the change in stockholders equity is only due to net income, the increase of $ 5,000 represents the net income for 2019.

7 0
3 years ago
At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only $10
mylen [45]

Answer:

DR BAD DEBTS (EXPENSE)  1958.35

CR ACCOUNTS RECEIVABLE  1958.35

DR ACCRUED INCOME  13 600

CR INCOME TAXES  13 600

5 0
4 years ago
Read 2 more answers
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