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3 years ago

In double-entry bookkeeping, what goes in the right (credits) column?

Business

1 answer:

Greeley [361]3 years ago

5 0

Answer:

Explanation:

Liability, Revenue, and Capital accounts (on the right side of the equation) have a normal balance of credit. On a general ledger, debits are recorded on the left side and credits on the right side for each account.

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The difficulty in cost-benefit analysis is that the benefits are usually evident and easily measurable, while the costs are not

suter [353]

Answer:

B) False

Explanation:

Under the cost benefit analysis a statement is prepared in order to compute the financial aspects of the transaction.

This clearly provides for the estimate to be made towards all the transactions.

But there is a problem in such analysis that exact estimate or even nearby estimate in terms of amount is not feasible to be computed of benefits and cost as well.

And significantly all the benefits can not be traced monetarily.

5 0

3 years ago

What role do individuals play in a capitalist economy. Detailed answer.

AnnZ [28]

Answer:

Capitalism

Explanation:

Private individuals or firms own economic resources and control their use.

Voluntary trade is the mechanism that drives activity in a capitalist system.

The owners of resources compete with one another over consumers, who in turn, compete with other consumers over goods and services.

8 0

4 years ago

Quince, Inc. uses a process costing system. It prepares a production cost report for each processing department.

Mandarinka [93]

Answer:

It will be used to determine the balance of inventory accounts

Explanation:

A production cost detail shows in detail the total cost of producing a product. It includes raw materials as well as operating costs. Product costs would be recorded as a current asset on the balance sheet until the goods have been sold. As an asset, it can either be:

raw materials inventory,
work-in-progress inventory,
finished goods inventory, which would be dependent on how far towards completion the product is.

7 0

3 years ago

Milner Frosted Flakes Company offers its customers a pottery cereal bowl if they send in 3 box tops from Milner Frosted Rakes bo

ladessa [460]

Answer:

$87, 500.

Explanation:

1 Pottery cereal bowl = 3 box tops + $1

60% of the box tops will be redeemed. In 2007

Total sales = 675,000 boxes of Frosted Flakes

Estimated to be redeemed = 60% of 675,000 = 405,000 boxes

Already redeemed = 330,000 box tops

Outstanding = Estimated redemption - Already redeemed

Outstanding = 405,000 - 330,000 = 75,000 box tops

1 Pottery cereal bowl = 3 box tops

Outstanding cereal bowl = 75,000/3 = 25,000

Cost of cereal bowl = $2.50

Monetary compensation = $1

Outstanding premiums = 25,000 x ($2.50 + $1)

= 25,000 x $3.5

= $87,500

6 0

3 years ago

Read 2 more answers

In a waiting line system, suppose the arrivals are random with an average of 6 customer per hour, whereas the average capacity o

agasfer [191]

Common quantity of clients ready in line is the subsequent measures of machine overall performance is a key degree with recognize to consumer satisfaction.

The required details for customer in given paragraph

In sales, trade, and economics, a consumer (on occasion referred to as a patron, buyer, or purchaser) is the recipient of a good, service, product or an concept - received from a dealer, vendor, or supplier thru a economic transaction or exchange for money or a few different valuable consideration. Clients who habitually go back to a dealer broaden customs that permit for normal, sustained trade that lets in the vendor to broaden statistical fashions to optimize production processes (which alternate the character or shape of products or services) and deliver chains (which adjustments the vicinity or formalizes the adjustments of possession or entitlement transactions). The time period patron is derived from Latin customers or care meaning "to incline" or "to bend", and is associated with the emotive concept of closure. It is broadly believed that humans handiest alternate their conduct whilst inspired by greed and fear.

Winning a patron is, therefore, a unique event, that is why expert experts who cope with precise troubles generally tend to draw long-time period customers in preference to normal clients. Unlike normal clients, who purchase simply on rate and value, long-time period customers purchase on revel in and trust.

To know about customer click here

brainly.com/question/26313265

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3 0

2 years ago