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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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What is the role of marketing?
Lana71 [14]
The role is to advertise and sell the product and persuade the buyer to buy ! I think that’s it
3 0
2 years ago
Kenton is considering the costs of becoming a makeup artist. He talks to several makeup artists and finds out that a cosmetology
tatyana61 [14]

Answer:

The best evaluation for Kenton's research is C) Poor; he has only researched the monetary costs of the career.

Explanation:

Besides monetary costs to him (which was not all that comprehensive as it didn't include training tools, books, etc) there are also non-monetary costs such as time, hard work, and all the other things he must forego while he is focused on becoming a make-up artist.

The career also comes with its perks and advantages. Kenton's work would have been comprehensive if he researched the benefits as well as the risks, and regulatory requirements where there are any.

Cheers

8 0
3 years ago
Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,900 units (solar panels) in July a
Wewaii [24]

Answer:

Overhead budget:

Variable overhead= 274,400

Fixed overhead= 180,000

Total overhead= $454,400

Explanation:

Giving the following information:

Production= 4,900 units

Each unit requires 5 hours of direct labor at a rate of $16 per hour.

Variable factory overhead is budgeted to be 70% of direct labor cost

Fixed factory overhead is $180,000 per month.

First, we need to determine the direct labor cost:

Direct labor cost= (4,900*5)*16= $392,000

Now, we can calculate the overhead budget:

Overhead budget:

Variable overhead= (0.7*392,000)= 274,400

Fixed overhead= 180,000

Total overhead= $454,400

7 0
3 years ago
10 years with a stated interest rate of 11% and a face value of $500,000. Interest payments are made semi-annually. The market r
IrinaVladis [17]

Answer:= $471,325

Explanation:

Price of a bond = Present value of coupon payments + Present value of face value at maturity

Coupon payments = 500,000 * 11% * 1/2 years = $27,500  

Periodic yield = 12%/ 2 = 6% per semi annual period  

Periods = 10 * 2 = 20 semi annual periods

Coupon payment is constant so it is an annuity.  

Price of bond = Present value of annuity + Present value of face value at maturity  

= (Annuity * Present value interest factor of Annuity, 6%, 20 years) + Face value / (1 + rate) ^ number of periods  

= (27,500 * 11.4699) + 500,000 / (1 + 6%)²⁰  

= $471,325

7 0
3 years ago
You make kitchen cabinets for a high-end line sold directly to customers. Customers can choose from a variety of stock configura
Anna [14]
At a job shop like Home Depot it shows how they look like in person
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