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2 years ago

The accounts receivable credit column of the cash receipts journal is

1 answer:

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The accounts receivable credit column of the cash receipts journal is "posted in summary at the end of the month and by individual amounts on a daily basis".

Option: D

Explanation:

In general ledger the sums in the debit and credit column are reported personally. The calendar of receivable accounts is lists of all clients 'accounts, account balances, and total amount due. Here the accounts receivable credit column are those in which the cash receipts journal column is the sums that are added separately to the receivable ledger accounts. Although debit column accounts payable are those in which cash payments journal column is the sums that are added separately to the accounts payable ledger.

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What is the difference between apparatus and materials?

Aleks04 [339]

Materials are any single item utilized when conducting scientific experiments. Apparatus is a collective group of items combined to perform experimental projects that do not have consumption. An example of a material would be water. Examples of apparatus would be thermometers or other instruments.

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3 years ago

How do sales skimming schemes leave a victim organization's books in balance, - despite the theft of funds?

erastovalidia [21]

The money is skimmed before the transaction is processed. In a casino the casinos winning are moves to a count room during the movement money is removed before being counted.

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3 years ago

Marianna has been returning from her lunch break 30 minutes late for the past 2 weeks. When her manager confronts her about it,

Arisa [49]

Answer:

d. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?

Explanation:

The seven tests for Just Cause are the following:

Adequate warning
Reasonableness
Completeness of investigation
Objectivity of investigation
Proof of infraction
Uniformity of the rules application (option D refers to this specific Just Cause test)
Reasonableness of discipline.

The Just Cause tests are used to determine if any disciplinary or termination action was fair, and not just because the employer or supervisor wants to.

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2 years ago

Creative and innovative

klio [65]

A creative innovation is bringing about something unique and different.

<h3>What is creativity?</h3>

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1 year ago

Finance, or financial management, requires the knowledge and precise use of the language of the field. Match the terms relating

Ierofanga [76]

Answer:

1. Time value of money.

2. Future value.

3. Amortized loan.

4. Annual percentage rate.

5. Annuity due.

6. Amortization schedule.

7. Discounting.

8. Opportunity cost of funds.

9. Perpetuity.

10. Ordinary annuity.

11. A

Explanation:

1. Time value of money: concept that maintains that the owner of a cash flow will value it differently, depending on when it occur.

2. Future value: the amount to which an individual cash flow or series of cash payments or receipt will grow over a period of time when earning interest at a given rate of interest.

3. Amortized loan: a type of security that is frequently used in mortgages and requires that the loan payment contain both interest and loan principal.

4. Annual percentage rate: an interest rate that reflects the return required by a lender and paid by a borrower, expressed as a percentage of the principal borrowed.

5. Annuity due: A series of equal cash flows that occur at the end of each of the equally rate spaced intervals (such as daily, monthly, quarterly, and so on)

6. Amortization schedule: a table that reports the results of the disaggregation of each payment on an amortized loan, such as a mortgage, into its interest and loan repayment components.

7. Discounting: a process that involves calculating the current value of a future cash flow or series of cash flows based on a certain interest rate.

8. Opportunity cost of funds: a rate that represents the return on an investor's best available alternative investment of equal risk.

9. Perpetuity: a series of equal (constant) cash flows (receipts or payments) that are schedule expected to continue forever.

10. Ordinary annuity: a series of equal cash flows that occur at the beginning of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on).

11. PMT x (1-(1/ (1 + r)/r) x (1 +r): an equation that can be used to solve for the present value of an annuity due. It is known as Present Value of an Annuity.

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3 years ago