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lana66690 [7]
3 years ago
9

Which idea forms the basis of double-entry accounting?

Business
1 answer:
valina [46]3 years ago
5 0

Answer:

A. For every single transaction, at least two accounts will be

affected.

Explanation:

Double-entry accounting is a record-keeping method where a transaction is recorded in a minimum of two accounts. There is no upper ceiling on the actual number of accounts that may be used in a transaction.

Every account has two columns, with debits on the left and credit entries on the right. The aggregate of the debit entries must equal the result of all credit entries. If this happens, the transaction has balanced.  If not, the transaction is  "out of balance."

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wo firms, A and B, each currently emit 100 tons of chemicals into the air. The government has decided to reduce the pollution an
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Answer:

Firm A will buy all of the firm B's pollution permits. Each one will cost between $100 and $200.

Explanation:

The firm B will gain from the trade of pollution permits. Firm A will need higher pollution permits since it emits 100 tons of chemicals into air and the cost for eliminating each ton is $200. This cost is higher than the cost to Firm B which is $100 only. Firm A will buy all the pollution permits from Firm B and there will advantage for the Firm B to gain from the trade.

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3 years ago
To edit a sentence for errors in​ spelling, a writer should
Naddika [18.5K]

Answer:

B

Explanation:

A is valid but i would be more worried about B when editing C and D say to fix something but it never says anything is wrong so the wording makes those answers wrong/very highly unlikely

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3 years ago
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Answer:

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Explanation:

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7 0
2 years ago
Small businesses that are just getting off the ground often have problems with the difference between cash coming into the busin
faust18 [17]

Answer:

d) <u>cash flow</u>

Explanation:

Small businesses are characterized by limited scale of operations and small quantum of revenues. Thus, small businesses in their initial stages have to deal with the common problem of shortage of funds owing to delay in receipts from debtors owing to relaxed credit terms.

The receipts are not received on time while the expenses accumulate which leads to a situation of cash crunch wherein it gets difficult to meet expenses and liabilities.

Thus, to avoid such situations businesses have to consider their credit policies and credit allowing limit so as to ensure enough cash to meet day to day working capital requirements.

This points towards being careful of cash inflows and outflows and efficient management of cash flows, keeping check on receipts and payments to ensure smooth operations.

4 0
3 years ago
Taylor takes her employees' opinions into consideration via reasoning and discussion when making departmental decisions. Which o
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Answer:

A. Flexible

Explanation:

Taylor takes her employees' opinions into consideration via reasoning and discussion when making departmental decisions. She is very much flexible  with her role models. She listens to her employees, takes advises from them and then accordingly make divisions. She is the best example of a leader who learn from others and make plans with the help of others in the changing situations. An effective leader and manager should be flexible in order to make their employees and followers comfortable with them. In this way, they can share and coordinate quite effectively.  

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