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3 years ago

Measuring business activities and reporting those measurements to external parties is the function of ______ accounting.

Business

1 answer:

Andru [333]3 years ago

3 0

Answer:

Financial

Explanation:

Basically, there are two forms of accounting for measuring business activities namely; Financial accounting and Management accounting.

Financial accounting involves the measurement of the business activities over a period using a defined framework or standard such as US GAAP, IFRS, etc. This is usually presented in a form of statements called the financial statements and is used by internal and external stakeholders such as Government, creditors, shareholders etc.

Management account is usually prepared for management purposes and measures the company's actual activities against the budget or plan.

The right answer is financial accounting.

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At its date of incorporation, McCarty Company issued 100,000 shares of its $10 par common stock at $11 per share. During the

Paul [167]

Answer:

Explanation:

at purchase:

30,000 shares x 16 dollars each:

Treasury stock 480,000 debit

Cash 480,000 credit

--purchase of own share--

Then we will decrease retained earnings for the difference in the cash proceed on the sale and our treasury stock.

30,000 x 12 dollars = 360,000 cash proceeds

treasury stock 480,000

decrease in RE 120,000

cash 360,000 debit

retained earnings 120,000 debit

Treasury Stock 480,000 credit

8 0

3 years ago

Mrs. Larkin rents an apartment to a couple who argue continually, disturbing other tenants. Without going through the lawful evi

natima [27]

Answer:

B. an actual eviction

Explanation:

Actual eviction -

It refers to the process of getting rid of the tenant by the landlord, for any violation, is referred to as actual eviction.

It is a completely legal practice, where it the landlord is not not comfortable with the tenant or if the tenant violates any rules, then the landlord has the legal right to remove the person.

Hence, from the given question,

As the tenant usually disturbs the neighbors and argues, hence the landlady, Mrs, Larkin has the right to remove them, according to actual eviction.

6 0

2 years ago

Andrew volunteered for the American Red Cross after a recent hurricane. He traveled 200 miles and helped the victims of the disa

Lyrx [107]

Answer: 1.

Mileage for the 200 miles he drove to the ravaged area

2.$1,500 charged to the credit card during the year

3.The cost of lodging while he is volunteering

Explanation:

3 0

2 years ago

Read 2 more answers

How are payroll taxes different from personal income taxes?

marta [7]

D) They pay for specific social programs rather than general government activities.

5 0

2 years ago

ADR purchases wood screws from a local representative. The local rep visits the shop once every 3 weeks (21 days). When he arriv

anygoal [31]

Answer: Attached below is the missing data related to your question

answer : 66 boxes

Explanation:

<u>Determine the number of boxes of screws that ADR should order </u>

we can determine the number of boxes by applying the relationship below

Q ( quantity of boxes ) = d ( T + L ) + SS - I ------ ( 1 )

where: d = 2 ( average daily demand )

T = 21 ( frequency of visit by local rep )

L = 4 ( lead time )

SS = 20 , I = 4

back to equation 1

Q = 2 ( 21 + 4 ) + 20 - 4

= 2 ( 25 ) + 16

= 50 + 16 = 66 boxes

6 0

3 years ago