Answer:
$1,258,950 and $5,233,670
Explanation:
The computation is shown below:
For cost of goods sold
= Cost of goods sold - beginning inventory overstated + ending inventory overstated
= $1,338,800 - $114,680 + $34,830
= $1,258,950
Since the ending inventory contains the lesser amount so it would be added and the beginning inventory contains larger amount so it would be deducted
For retained earning
= Retained earning - ending inventory
= $5,268,500 - $34,830
= $5,233,670
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $5,200
To Sales revenue A/c $5,000
To Sales tax payable A/c $200
(Being the cash is collected in respect of sales and sales tax)
Since the cash is collected so we debited the cash accounts and the sale is made. Along with it, the sale tax is also collected so these two accounts are credited.
Answer:
b. Written communication
Explanation:
Written communication -
It refers to the written or typed manner of sending messages via bulletins , telegrams , reports , circular , letters etc , is referred to as written communication.
- This type of communication can have the record for future reference .
- It is a fast way of to transfer any data or information.
- The method is less flexible.
- The method can be used for any type of legal documentation.
- It is perfect for long distance communications.
- The communication can be done with many person at one time.
Hence , from the given information of the question,
The correct term is b. Written communication.
It is a formal method of communication and is less flexible. A written document preserved properly becomes a permanent record for future reference.
Answer:
To help job attitudes, an employer should: Encourage employees to develop personal interest n work. T/F Instrumental values help you reach your goals, while terminal values are those goals.
Explanation:
