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Nataly [62]
4 years ago
14

The process of transferring information from a journal entry to the specific accounts affected in the general ledger is referred

to as:________.A) Journalizing.B) Posting. C) Balancing. D) Analyzing.
Business
1 answer:
Softa [21]4 years ago
6 0

Answer:

B) Posting.

Explanation:

Transactions are recorded from the source documents such as invoices into journals.

This process is known as Journalizing.

After journalizing, the process of transferring the information from the journal entry to the specific accounts affected in the general ledger is referred to as Posting.

Balancing and analyzing involve ensuring mathematical accuracy and making deductions from financial data.

The right option is B) Posting.

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Completeness is the most important attribute of a business message. select one:
Ray Of Light [21]
That would be considered True in most environments
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4 years ago
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Use the following information to determine this company's cash flows from financing activities.a. Net income was $466,000. b. Is
Leni [432]

Answer:

The answer is ($174,000)

Explanation:

Cash flows from financing activities show the inflow and outflow of cash that are used to fund the business's operations.

Cash flow from financing activities:

Issuance of common stock......................................$79,000

Payment of dividend........($13,000)

Settlement of notes payable.................................($125,000)

Payment for treasury stock.........…...........................................($115,000)

Net cash from financing activities...............................($174,000)

5 0
3 years ago
4. Problems and Applications Q4 For each of the following statements, indicate which argument for restricting trade is being uti
harkovskaia [24]

Answer:

Statements      Arguments

A                      The Infant-Industry Argument

B                      The Protection-as-a-Bargaining-Chip Argument

C                      The Jobs Argument

D                      The Unfair-Competition Argument

Explanation:

The Jobs Argument:  Domestic jobs need to be protected for the good of the national economy, according to this argument.

The National-Security Argument: Some products and services are, by their nature, issues reserved under national security.  To expose the internal security systems of a nation may have untold consequences.

The Infant-Industry Argument: Nascent industries require domestic protection from foreign competitors if they must grow to competitive levels.

The Unfair-Competition Argument: This is more pronounced in developing countries without the manufacturing facilities to compete fairly with developed economies.

The Protection-as-a Bargaining-Chip Argument is argues that trade restrictions may be imposed to force other countries to reverse or remove trade restrictions.

4 0
3 years ago
Mack writes a check to his maid, Marianne, in payment for services rendered. Marianne indorses the check in blank and gives the
Minchanka [31]

Answer:

Explanation:

Mack, Marianne, and Martin

Explanation:

From the question, we are informed about, Mack who writes a check to his maid, Marianne, in payment for services rendered. Marianne indorses the check in blank and gives the check to her masseuse, Janet, in exchange for a neck massage. Without indorsing the check, Janet gives the check to Martin, her newspaper carrier in payment for the next four month's delivery charges. Martin indorses with a special indorsement and negotiates the check to his church, St. Mark. The church indorses the check and deposits it in its bank account. If Mack's bank later dishonors the check. In this case St. Mark's may look for recovery from Mack, Marianne, and Martin. This is because the check was endorsed by three of them and as a result of this anything that happened to the check may be it's not been accepted or other things, they will be held responsible for it since they signed at the back of the check.

5 0
3 years ago
The ___________ ____ __________ Endorsement area includes a variety of specialization areas within the world of work such as Agr
enot [183]

Answer:

b. Business & Industry

Explanation:

STEM (or Science, Technology, Engineering & Mathematics) includes different types of engineering, computer science, mathematics, and other fields.

Arts and humanities include archaeology, history, literature, philosophy, etc.

Public services include journalism, education, healthcare, teaching, etc.

4 0
3 years ago
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