Answer: Accounting
Explanation:
Accounting is one of the business process that helps in interpreting and identifying the various types of financial data in an organization or corporation.
The main objective of the accounting is that it manage all the financial based performance in the company and also the cash flows system in the business.
According to the given question, the accounting is known as the functional area that summarized the data or information and also give advises to the manager on the various types of financial based matters in an organization.
Therefore, Accounting is the correct answer.
Answer:
$85,300
Explanation:
The computation of the ending account payable balance is shown below:
Ending balance of account payable = Beginning balance of account payable + purchase made - paid amount of its account payable balance
= $78,000 + $44,900 - $37,600
= $85,300
The paid amount for services to be provided in the future is not related to the account payable. Hence, it is ignored
Answer:
$5,250
Explanation:
The child tax credit provides a $2,000 tax credit for every qualifying child under 16, but the amount starts to phase out as the married couple's income is higher than $400,000.
The tax credit phases out $50 for every $1,000 of income over the $400,000 threshold: $415,000 - $400,000 = $15,000 x $50/$1000 = $750 phase out.
total child tax credit = ($2,000 x 3 children) - $750 = $6,000 - $750 = $5,250
When purchasing a vehicle, the one that would initially offer the lowest monthly payment is :
Ballot payment plan
Even though it has the lowest monthly payment, it usually would has a larger one time payment at the end of the term
Greater adaptability to changing market demands
