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Oksi-84 [34.3K]
3 years ago
7

What is journal and ledger​

Business
1 answer:
Mila [183]3 years ago
5 0

Answer:

<em>ledger account contains a record of business transactions.</em>

<em>while</em>

<em>  journal is  defined as the book of original entry.</em>

<em>Explanation:</em>

<em>A ledger account contains a record of business transactions. It is a separate record within the general ledger that is assigned to a specific asset, liability, equity item, revenue type, or expense type. Examples of ledger accounts are: Cash. Accounts receivable.</em>

<em>A journal is a detailed account that records all the financial transactions of a business, to be used for future reconciling of and transfer to other official accounting records, such as the general ledger</em>

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Claire is opening her first savings account with a $200 deposit. Her account pays 0.5% interest compounded monthly. How much wil
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If adding

48240

If subtracting

47760
8 0
3 years ago
Two plumbers received a job. at first, one of the plumbers worked alone for 1 hour, and then they worked together for the next 4
nika2105 [10]

Answer:

The first worker complete the job in 25 days himself

The second worker complete the job in 20 days himself

Explanation:

r1= rate of work done by first worker

r2=rate of work done by second worker

W= total work done

t days= time taken by the 1st worker to complete the job

r1(t)=W

r1=W/t (1)

Then the time taken by the 2nd worker to complete the job is t-5 days.

r2(t−5)=W

r2=W/(t−5) (2)

If 1st worker do the job for 1 hour and then both the worker do the job for 4 hours and 40% work is done, So

r1(1)+(r1+r2)(4)=4W/10

r1+4r1+4r2=4W/10

5r1+4r2=4W/10 (3)

Substitute equation 1 and 2 into (3)

5W/t+4{W/(t−5)}=4W/10

Multiply through by 10(t-5)

5/t+4/t−5=4/10

5(10)(t−5)+4(10)(t)=4(t−5)(t)

50t−250+40t=4t^2−20t

4t^2−110t+250=0

Solving the above quadratic equation using factorization method

4t^2−100t−10t+250=0

4t(t−25)−10(t−25)=0

(t−25)(4t−10)=0

t=25 or t=2.5

2.5 can't be the answer because if we take 2.5 days in which 1st worker completes the work, then the second worker will complete the work in -2.5days which is wrong.

The first worker completes the job in 25 days by himself and the second worker completes the job in 20 days by himself.

4 0
3 years ago
Read 2 more answers
An ad for Maybelline age-minimizing makeup in Ladies' Home Journal magazine featured actress Gigi Hadid and offered readers a $2
marysya [2.9K]

Answer:

Home Journal magazine

Explanation:

In communication, medium is what the message is conveyed on. It is the system or channel through which a message is transmitted from the sender to the recipient. The modern medium used in advertising is in the electronic format and includes the internet, telephone, and other electronic devices.

Tradition medium channels are television, radio, and print media such as newspapers and magazines.  The ad for Maybelline age-minimizing appears in a magazine. The  Ladies' Home Journal magazine is the medium for the ad.

6 0
4 years ago
Read 2 more answers
For over 10 years, Erudite, a publishing and educational company that produces college textbooks, has been selling its books onl
muminat

Answer:

disintermediation

Explanation:

Disintermediation refers to the practice of diminishing the use of intermediaries (middlemen) between consumers and producers in future transactions.

Erudite stopped selling its books through studysmart and set up its website to sell its books. This change in channel organization is called disintermediation.

3 0
4 years ago
Winston contracts to sell a plot of land called Blackacre to Paris for $500,000. Winston breaches the contract and Paris sues hi
zlopas [31]

Answer:

Correct Answer:

C) only $25,000.

Explanation:

In the case between Blackacre and Paris over the piece of land, the value recoverable will be the difference between the original value of the land the the newest value of the land when the breach of contract occurs. <em>Hence, the only amount recoverable by Paris would be $25, 000.</em>

7 0
3 years ago
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