Answer:
Nearly 65 percent
Explanation:
They revealed that NEARLY 65 percent of the responding companies tend to believe that their Human Resources group plays an important and vital role in developing human capital because HUMAN CAPITAL is an important tool for any company or organisation to succeed reason been that human capital requires creating a conducive environment where workers or employees can learn, develop and apply ideas that are innovative, develop their skills, character, attitudes and be productive for the betterment of their self including that of their company or organisation .
Answer:
Debit Cash $1,114
Credit Sales $1,114
Debit Cost of merchandise sold $779
Credit Merchandise inventory $779
Explanation:
Based on the information given the correct journal entry(is):
Debit Cash $1,114
Credit Sales $1,114
Debit Cost of merchandise sold $779
Credit Merchandise inventory $779
Answer:
Revenue recognition
Explanation:
Correct word for the given statement is Revenue recognition
Revenue recognition is a proper accounting rule (GAAP) that distinguishes the particular conditions wherein income is perceived and decides how to represent it. Normally, income is perceived when a basic occasion has happened, and the dollar sum is effectively quantifiable to the organization.
Answer:
Net Income : $16.616
Retained Earnings: $92.256
Please see details below:
Explanation:
Income Statement 2017
Sales $71.920
Advertising Expenses -$2.232
Miscellaneous Expenses -$50.096
Utilities Expenses -$2.976
Net Income $16.616
Retained Earnings Report
Opening retained earnings $ 83.080
Add: Net Income $ 16.616
Subtotal $ 99.696
Less: Dividens -$ 7.440
Total $ 92.256
False I believe! Hope this was correct for you..