After implementing a solution to a given work related problem the manager should evaluate the outcome of the solution
Explanation:
A manager should have leadership qualities where he or she is in charge of the entire group of people in the industry and is responsible for any mistakes or errors caused by the employees.
He or she should know how to tackle and provide solutions to a problem that is being faced by the company.
A manager should be a good role model for his/her subordinates and encourage them in solving their problems by themselves.
Answer:
Debit Supplies expense $5,880
Credit Supplies account $5,880
Being entries to record the amount of supplies used between 2 June and 30 June.
Explanation:
The purchase of laundry supplies yet to be used is a transaction that gives rise to an asset (inventory). The purchase is recorded as a debit to supplies and a credit to either cash or accounts payable.
When the supplies are used, the entries required to recognize the use are debit supplies expenses and credit supplies account (earlier debited at purchase)
If the purchase on 2 June is $7140, and on 30 June amount left is $1260
Amount of supplies used = $7140 - $1260
= $5880
Answer:
Economic fluctuations are economic conditions in which money loses its purchasing power and prices rise
Explanation:
Confirm accounts receivable ending balances and sales terms, such as right of return and consignment arrangements.-- Existence and accuracy
What is an Accounts Receivable Confirmation?
When an auditor is examining the accounting records of a client company, a primary technique for verifying the existence of accounts receivable is to confirm them with the company's customers. The auditor does so with an accounts receivable confirmation
What does it mean to confirm account?
Account verification is the process of verifying that a new or existing account is owned and operated by a specified real individual or organization. A number of websites, for example social media websites, offer account verification services.
Learn more about Confirm account receivable:
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