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rusak2 [61]
3 years ago
13

A net worth statement will be useful when you apply for a loan or credit. True or false

Business
2 answers:
DochEvi [55]3 years ago
7 0
False should be the answer
Ghella [55]3 years ago
4 0
False!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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A company had $43 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to:
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Answer: The correct procedure is to “debit cash over and short for $43”.
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Ginocera Inc. is a designer, manufacturer, and distributor of custom gourment kitchen knives. A new kitchen knife series called
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The cash operating cycle for a merchandiser begins with cash purchases of merchandise and ends with _____.
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The cash operating cycle for a merchandiser begins with cash purchases of merchandise and ends with receipt of cash.

<h3><u>What is a merchandise?</u></h3>
  • Any form of items, including those used for personal or professional purposes, as well as goods sold to the general public (retail) or other enterprises, are referred to as merchandise (wholesale).
  • 'Freebies', or promotional things like the bespoke drink bottles in this example that are given away or not charged for, can also be referred to as merchandise.
  • Calendars, magnets, wall art, stationery, greeting cards, textiles, badges, and a wide variety of other goods may be included in this category.
  • A T-shirt with a slogan or logo that a political party distributes to voters during an election campaign or a calendar with a logo that a supplier offers its clients at the end of each year are two examples of freebie products.

Buying merchandise can be done with cash or on credit. The accounts involved in the transaction are the purchases account and the cash account if goods are paid for in cash. It debits the purchases account and credits the cash account.

Know more about Merchandise with the help of the given link:

brainly.com/question/15546663

#SPJ4

8 0
2 years ago
George works in an office where smoking is allowed. George develops lung cancer and sues his company, Lennie L.L.C., for hazardo
IRINA_888 [86]
I believe the answer is: Civil court

Civil court is the place where the justice department handle all cases that does not involve the infringement of the criminal laws.
The cases that come into this court would revolve around conflict between two legal citizens or organizations, such as conflict between employees and their workers, conflict between divorced couples, conflict between rent owners and tenants, etc.
5 0
3 years ago
Read 2 more answers
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