Answer: Transaction processing systems
Explanation:
The transactional processing system is one of the type of information system in which the we managing all the business transaction ad the collection of the data by using the efficient software system.
It is also known as the real processing system that helps in maintain the reliability, consistency and also the performance of the system.
The transaction processing system is the combination of hardware and the software that efficiently manage the day activities in an organization to conduct the business.
Therefore, Transaction processing system is the correct answer.
Answer:
Explanation:
The journal entry is shown below:
Land A/c Dr $243,000
Building A/c Dr $370,000
To Common stock A/c $168,000 (28,000 shares × $6)
To Paid-in capital in excess of par value - common stock $445,000
(Being the issuance of the common stock in exchange of land and building)
Simply we debited the land account and building account and credited the common stock and paid in capital in excess of par value
Answer:
Number of utils that will be received from the purchase is 6.667 utils.
Explanation:
At Optimum:
Pa / Pb = MUa / MUb
Where;
Pa = Price of the baseball game = 15
Pb = Price of the movie ticket = 10
Now,
15/10 = 10/MUb
1.5 = 10/MUb
MUb = 6.667 utils
Thus, the number of utils that will be received from the purchase is 6.667 utils.
Answer:
The correct answer is A
Explanation:
Lower of market or cost rule is the one which states or describe that a business or firm need to record the inventory cost at lower, that means whichever cost or the current market price is lower.
It is the term which is best illustrated as the drop or decrease of future utility below the original or the actual cost of the inventory.
