During the Truman and Eisenhower administrations, corporate development in the United States:_________

Which of the following depicts the proper sequence of steps in the accounting cycle?

ycow [4]

Answer:

Option D. Prepare a trial balance, prepare adjusting entries, prepare financial statements

Explanation:

The accounting cycle sequence is given as under:

Analyzing the business
Journalize the Transactions
Post to Ledger Accounts
Prepare a Trial Balance
Posting adjusting entries and Preparing an adjusted trial balance
Preparing the financial statements
Journalize and post closing entries
Prepare a post closing trial balance and financial statement

So we can see that the three steps highlighted above are the sequence shown in the option D. Hence option D is correct.

5 0

3 years ago

Fred and Torrie Jones are a retired couple looking for income. They are currently rebalancing their portfolio of stocks to inclu

sergey [27]

Answer: E

Dividend yield

Explanation:

Dividend yield is a company's total annual dividend payments divided by its number of shares. Since Fred and Torrie are more interested in how much dividends their investment will yield, one metric that will prove useful is the dividend yield per share. Contribution margin and current ratio are about how well the company is being run and does not directly reflect divided. Dividend payout ratio has no relationship between invested funds and dividend, it only compares dividend against reported profit.

4 0

3 years ago

Read 2 more answers

Job 101 was completed and sold for $60,000. Job 102 was completed but not sold. Job 103 is still in process. Actual overhead cos

castortr0y [4]

Answer:

Required 1

Debit : Finished Goods $53,600

Credit : Work In Process $53,600

Required 2

Debit : Cash $60,000

Debit : Cost of Goods Sold $55,000

Credit : Sales $60,000

Credit : Finished Goods $55,000

Required 3

Debit : Overheads $4,000

Credit : Cost of Sales $4,000

Explanation :

Hi, I have attached the full question as a pdf below

Manufacturing Costs Calculations :

Job 101 = $19,200 + $28,800 + ($420,000/60,000 x1,000) = $55,000

Job 102 = $14,400 + $11,200 + ($420,000/60,000 x4,000) = $53,600

Closing Overheads :

Actual Overheads = $45,000

Applied Overheads = $420,000/60,000 x 7,000 hours = $49,000

Therefore,

Overheads are over-applied ( by $4,000) and must be deducted from cost of sales

Download pdf

7 0

3 years ago

Explain why technological advance and environmental problems are sometimes connected

Jobisdone [24]

Technological advances and environmental problems are sometimes connected because new production technologies can have a far greater environmental impact than the ones they replace. An example is farm technologies which can cause environmental pollution.

7 0

3 years ago

A company with a US-based sales force has requested that the VPN system be configured to authenticate the sales team based on th

Kipish [7]

For a great security structure, THREE (3) AUTHENTICATION FACTORS ARE IN USE BY THE VPN SYSTEM.

The use of multiple authentication factors to prove one's identity is based on the premise that an unauthorized actor is unlikely to be able to supply the factors required for access. If, in an authentication attempt, at least one of the components is missing or supplied incorrectly, the user's identity is not established with sufficient certainty and access to the asset (e.g., a building, or data) being protected by multi-factor authentication then remains blocked.

8 0

3 years ago

During the Truman and Eisenhower administrations, corporate development in the United States:__________