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levacccp [35]
3 years ago
12

Cross references should be prepared for business names when

Business
1 answer:
Paraphin [41]3 years ago
6 0
There are numerous reasons why business names should be cross referenced. Some of the reasons are the business has an unusual name, compound names, and names with abbreviations and acronyms. The business may of also changed it's name,has a popular/coined names, and there may be subsidiaries and divisions of the business.
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A journal entry for a $ 290 payment to purchase office supplies was erroneously recorded as a debit to Office Supplies for $ 520
seraphim [82]

Answer:

.C) The sum of the debits will exceed the sum of the credits by $230

Explanation:

Double Entry Accounting require that a debit entry must have an equal credit entry to make the entry / Trail balance balanced.

The entry that should be recorded.

Dr. Office Supplies $290

Cr. Cash                  $290

The entry that have been recorded.

Dr. Office Supplies $520

Cr. Cash                  $290

The office supplies account is overstated by $230 ( $520-$290). This is an debit nature account and the so, the debit side is exceeded by $230.

3 0
3 years ago
Which career cluster is the job of Elementary School Principal most likely a part of?
JulijaS [17]

Answer:

the Education and Training cluster

Explanation:

The Education and Training career cluster comprises of tutors, teachers, and instructor professionals. The Elementary School Principal is a trained teacher. He or she has specialized in elementary education, besides the normal teacher training.

The education cluster also employs school counselors and psychologists who offer support, guidance, and counseling services to students.

5 0
3 years ago
Read 2 more answers
The fiscal policy that involves reducing government spending, reducing transfer payments, or raising taxes to decrease aggregate
Zepler [3.9K]
The correct option is C.
Fiscal policy refers to the method that the government use to adjust its spending levels and tax rates in order to monitor and influence the nation's economy. Fiscal policy are divided into three types, these are: neutral, expansionary and contractionary fiscal policy.  A contractionary fiscal policy is one which occurs when a government lowers its spending and increase the tax rate<span />
3 0
3 years ago
If a bank benefits when a foreign currency declines in value, then the bank must be in a __________ position. The term below tha
Rzqust [24]
Short position (I think you were supposed to add answers)
8 0
3 years ago
A firm experiences diseconomies of scale when it:
Minchanka [31]

A firm experiences diseconomies of scale when it: grows so large that the cost per unit has to increase.

<h3>What is referred to as diseconomies of scale?</h3>

This has to do with the fact that a business has become so large. When it grows to be so big, the cost for every unit would then have to raise.

Limited resources and infrastructure could be the reasons why there may be diseconomies of scale.

Read more on diseconomies of scale here:

brainly.com/question/15827092

#SPJ12

6 0
2 years ago
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