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guajiro [1.7K]
3 years ago
6

The financial budgets include the Select one: a. cash budget and the selling and administrative expense budget. b. cash budget a

nd the budgeted balance sheet. c. budgeted balance sheet and the budgeted income statement. d. cash budget and the production budget. Previous page
Business
1 answer:
Mekhanik [1.2K]3 years ago
7 0

Answer:

The correct answer is B. Cash Budget  and Budgeted Balance Sheet

Explanation:

The financial budget refers to the economic and financial resources necessary to develop or carry out the activities or processes and / or to obtain the essential means to be calculated, such as the cost of completion, the cost of time and the cost of acquiring New resources Commonly the feasibility is the most important part, since with it other inadequacies of other resources are solved. The above is the hardest thing to achieve and additional actions are needed when they are not available.

It includes the analysis of the investment, the projection of income and expenses and the form of financing. In this work, people who wish to start a business should keep in mind that this will be their greatest source of information.

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Fred takes a personal assessment that tells him that he would be great in the Agriculture, Food, and Natural Resources career cl
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being outdoors, horticulture, raising animals

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On January 1, Year 1, Parker Company purchased an asset costing $20,000. The asset had an expected five-year life and a $2,000 s
SOVA2 [1]

Answer:

3600

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Explanation:

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3 years ago
Petty Cash Fund Entries Journalize the entries to record the following: Check is issued to establish a petty cash fund of $1,200
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Answer:

Dr Petty cash fund 1,200

    Cr Cash 1,200

Dr Office supplies expenses 466

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Dr Miscellaneous administrative expenses 121

Dr Cash short and over 24

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the balance in the petty cash fund is $1,2000 again

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3 years ago
According to income tax law, John could adjust the cost basis of his personal residence for which of the following items?A. Inte
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Answer:

The correct option is B

Explanation:

According to income tax laws, an individual will pay mess capital gains tax when his basis in an asset is higher. From the example, John has a personal residence and to increase his basis, he needs to think of what to add to the residence such that the selling price would increase and thus capital gain tax will reduce. From the option, the best and likely thing that would increase the basis of his asset (the house) and lead to an increase selling price is adding a new garage.

8 0
3 years ago
If a company employs two office assistants for every nine architects (a staffing ratio of 2:9) and it plans to expand and hire e
Art [367]

Answer:

4

Explanation:

Given:

A company employs two office assistants for every nine architects and

ratio is given = 2:9

Question asked:

How many new office assistants will it need to hire as it plans to hire eighteen new architects = ?

Solution:

Let ratio of new office assistants = x

Ratio of two office assistants for every nine architects = 2:9

By using formula of ratio and proportion:

Ratio of two office assistants for every nine architects : :  ratio of new office assistants for eighteen new architects,

2 : 9 : : x : 18

\frac{2}{9}  = \frac{x}{18} \\

By cross multiplication,

2\times18 = x \times18\\36 = 9 x

Dividing both side by 9,

x = 4

Thus, 4 new office assistants will it need to hire.

8 0
3 years ago
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