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Nikolay [14]
3 years ago
10

Difference between debit the receiver and credit the giver ​

Business
1 answer:
Vinil7 [7]3 years ago
6 0

Answer:

Explanation:

When a payment is made to somebody, you debit the receiver of that payment and credit Cash or Bank as money is paid from cash or by means of cheque. When money or cheques are received, you credit the person who is paying you and you debit the cash or bank.

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Manila Water, the provider of the water and sewerage services in the capital of the Philippines has purchased the government-own
NeX [460]

Answer:

Letter D is correct. <u>Planning. </u>

Explanation:

In this question, Manila Water has already defined its main objective with the purchase of the government's water and sewage system for the entire country. The goal is <em>"to make the country's water and sewage system work as efficiently and profitably as the one operating in Manila"</em>

Therefore, with the objectives and goals defined, it is necessary to plan the actions that will assist in achieving these objectives.

Therefore, it is ideal for Manila Water to carry out a strategic planning of which methods and procedures will best guide the achievement of the expected results.

Planning is essential in any project or business, because it is possible to carry out a realistic diagnosis to prevent possible threats and know how to take advantage of opportunities and improvements in the implementation of the actions necessary to achieve the objectives. Through planning it is possible to organize activities, improve the understanding of the project, define goals, vision and values ​​and all the essential steps for the expected results to be achieved.

5 0
3 years ago
Bob is a minor and buys a BMW, from ABC BMW when he is 16 years old. His parents do not cosign. He signs a financing arrangement
Sav [38]

Answer:

It is too late for him to dis-affirmed the contract.

Explanation:

Contract is the legal binding agreement document between two parties for them to obey any given conditions specified in the document. <em>In the case of Bob, despite the fact that he was a minor, his signature on the BMW contract shows that it is binding between ABC Motors and him.</em>

<em>The motor company might not be aware of his legal age which shows he is a minor before entering the agreement with him. It is expected that, he should honor his contract to the latter.</em>

6 0
3 years ago
In economics, activities done for others, such as providing house cleaning or dental work, are referred to as
klemol [59]
In economics, activities done for others, such as providing house cleaning or dental work, are referred to as services.  Tangible merchandise  on the other hand are referred to as goods. When firms produce  services at the lowest cost p<span>roductive efficiency is achieved.</span>
8 0
4 years ago
Read 2 more answers
The manufacturing cost per unit for absorption costing is:
saveliy_v [14]

Answer:

Always higher than manufacturing cost per unit for variable costing.

Explanation:

Absorption costing continuously contains fixed overheads similarly while computing the manufacturing cost.  

Conversely, under variable costing only adjustable overheads were included.

Thus, the manufacturing cost under absorption costing method is always higher than variable costing method  

Therefore, per unit cost will always be higher under absorption costing than in variable costing.

So, option C is the correct option

3 0
3 years ago
Who do you think would be a better President<br> A. Trump or B. Biden
emmasim [6.3K]

Answer:

B

Explanation:

6 0
4 years ago
Read 2 more answers
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