1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mamont248 [21]
3 years ago
15

An accounting system must be able to a.collect and classify information. b.summarize information. c.report information. d.All of

these choices are correct.
Business
1 answer:
Vikentia [17]3 years ago
5 0

Answer:

The answer is D.

Explanation:

The chronological order of Accounting System is:

Collecting of information

Classifying of information

Summarizing of information

Reporting a business financial

and operating information.

You can see all the options are in the chronological order of accounting system. Therefore, all of the above is correct.

You might be interested in
Consider two markets: the market for coffee and the market for hot cocoa·The initial equilibrium for both markets is the same, t
den301095 [7]

Answer:

The elasticity of supply for hot cocoa is 1.43.

(D) Supply in the market for coffee is less elastic than supply in the market for hot cocoa

Explanation:

Using the midpoint formula,

Elasticity of supply for hot cocoa = (change in quantity supplied/average quantity supplied) ÷ (change in price/average price)

change in quantity supplied = 101 - 31 = 70

average quantity supplied = (101+31)/2 = 66

70/66 = 1.06

change in price = 9.75 - 4.5 = 5.25

average price = (9.75+4.5)/2 = 7.125

5.25/7.125 = 0.74

Elasticity of supply for hot cocoa = 1.06 ÷ 0.74 = 1.43. The supply for hot cocoa is elastic because the elasticity of supply is greater than 1.

Elasticity of supply for coffee = (73 - 31)/(73+31)/2 ÷ 0.74 = 42/52 ÷ 0.74 = 0.81 ÷ 0.74 = 1.09. The supply for coffee is elastic because the elasticity of supply is greater than 1.

However, supply in the market for coffee is less elastic than supply in the market for hot cocoa because the elasticity of supply for coffee is less than that of hot coffee.

7 0
3 years ago
In 2022 the Splish Brothers Inc. had net credit sales of $1020000. On January 1, 2022, the Allowance for Doubtful Accounts had a
zaharov [31]

Answer:

$35,300 (Credit)

Explanation:

Given that;

Allowance = 10% × $242,000 = $24,200

Amount written off of $34,200 would have made the balance in the allowance for doubtful debts

= $34,200 - $23,100

= $11,100 (Debit)

However, the balance in the account at the end of the year should amount to $24,200 hence the adjustment required

= $24,200 + $11,100

=$35,300 (Credit)

5 0
2 years ago
What's your fav video game and why
Natali [406]

Answer:

Any game with Yoshi in it or Danganronpa.

  • Any yoshi game because I love Yoshi.
  • Danganronpa because of brutal murdering.

8 0
2 years ago
Read 2 more answers
What two cultural factors influenced the variety of Chinese lays potato chip flavors
mel-nik [20]

Answer:

China and Japan.

Explanation:

:DDD

6 0
2 years ago
Explain briefly why social workers should take appropriate personal safety training and practice safety measures
Usimov [2.4K]

Social workers should take appropriate safety training and practice safety measures because they are working with clients who may have a variety of issues.   Social workers work with people who may have mental illness or be under the influence of drugs or alcohol.  Social workers also visit client’s homes on their own, so it is essential for them to know how to be safe.

4 0
2 years ago
Other questions:
  • Who is the first level supervisor in the fire department? intro to fire protection?
    11·1 answer
  • Helen and her friends want to start a new software firm. Its business plan has been finalized. Helen is in charge of the HR plan
    15·1 answer
  • In the context of dollar-value LIFO, what is a LIFO layer?
    9·1 answer
  • Harcourt Manufacturing (HM) has the capacity to produce 10,000 fax machines per year. HM currently produces and sells 7,000 unit
    13·1 answer
  • when the number of jobs is insufficient for the number of workers ex: Charles recently lost his job as a waiter at a local resta
    11·1 answer
  • Whipple Corp. just issued 280,000 bonds with a coupon rate of 6.02 percent paid semiannually that mature in 25 years. The bonds
    9·1 answer
  • How do price changes drive markets toward equilibrium?
    5·1 answer
  • A firm which prepares its financial statements according to U.S. GAAP and uses a periodic inventory system had the following tra
    15·1 answer
  • . In January, Vorst Co. purchased a mineral mine for $2,640,000 with an estimated 1,200,000 of removable ore. After it has extra
    11·1 answer
  • you are the ceo of internet provider commcore communications. it has come to your attention that a school district nearby your h
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!