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BigorU [14]
3 years ago
7

If a company has three bank accounts for processing payments, what is the minimum number of ledgers it needs?

Business
1 answer:
earnstyle [38]3 years ago
6 0
A Company needs three ledgers if it has three bank accounts for processing payments. Three ledgers need for each of the bank accounts.

This three ledger provide more efficient and effective in maintaining each of the accounts and the payment process related to the account. This method will make the bank reconciliation process easier too.
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Given the data below for production equipment,Initial Cost, P = $50,000 Salvage Value at the end of 5 years, S = $10,000. Deprec
Taya2010 [7]

Answer:

1. B. $8,000

2. C. $7,200

Explanation:

Units or production (UOP) method of depreciation bases the depreciation expense of a machine or equipment on how much it is actually used during the period.

depreciable value = $50,000 - $10,000 = $40,000

depreciation rate per unit = $40,000 / 25,000 = $1.60

Year          Projected Production units         Actual Production units

1                              4,500                                    5,000

2                             5,000                                    4,000

3                             3,500                                    3,000

4                             5,500                                    5,000

5                             6,500                                    Not known

Total                      25,000

depreciation expense year 4 = $1.60 x 5,000 = $8,000

accumulated depreciation year 4 = $1.60 x 17,000 = $27,200

book value = $50,000 - $27,200 = $22,800

if sold at $30,000, gain resulting from sale = $30,000 - $22,800 = $7,200

7 0
2 years ago
What is the reason why people want something that is scarce?
vfiekz [6]
"Human wants are unlimited" is the one among the following choices given in the question why <span>people want something that is scarce. The correct option among all the options that are given in the question is the second option or option "B". I hope that this is the answer that has come to your desired help.</span>
5 0
3 years ago
Which of the following are characteristics of effective government leaders? Select all that apply.
pentagon [3]

Answer:

the ones that apply are:

a) Willingness to accept responsibility.

b) Keep a government strong and active.

d) Act as a final point of authority.

Explanation:

5 0
3 years ago
Paul Blocker is the offensive line coach for a university football team. He wants his players to report to fall practice in good
defon

Answer:

a. expectancy theory

Explanation:

Expectancy theory -

According to this theory , a person will behave in a specific way depending on the individual's choice , is referred to as the expectancy theory .

It is also known as the expectancy theory of motivation .

Various factors make the person to select some specific behavior over others like outcome , strength , intelligence etc.

Hence , from the given scenario of the question ,

The correct answer is expectancy theory .

4 0
3 years ago
Two products, QI and VH, emerge from a joint process. Product QI has been allocated $19,300 of the total joint costs of $40,000.
Sidana [21]

Answer:

Net advantage (disadvantage) ($5,400)

Explanation:

Product QI

Sales value after further processing ($15 × 2,600) $39,000

Costs of further processing $10,600

Benefit of further processing $28,400

($39,000-$10 600)

Less: Sales value at split-off point ($13 × 2,600) $33 800

Net advantage (disadvantage) ($5,400)

4 0
3 years ago
Read 2 more answers
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