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2 years ago

Hey!

1 answer:

andrey2020 [161]2 years ago

6 0

The unification of Germany into a politically and administratively integrated nation state officially occurred on 18 January 1871, in the Hall of Mirrors at the Palace of Versailles in France. Princes of the German states, excluding Austria, gathered there to proclaim Wilhelm I of Prussia as German Emperor after the French capitulation in the Franco-Prussian War.

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Which of the following is true about a "credit"?I. It is part of the double-entry procedure that keeps the accounting equation i

likoan [24]

Answer:

ALL

Explanation:

All of the following is true about a "credit"

I. It is part of the double-entry procedure that keeps the accounting equation in balance because, double entry is made up of 'debit' and 'credit' as the principle states: 'credit the giver and debit the receiver' hence, in order for the accounting equation to be balanced, every debit must have a corresponding credit

II. It represents a decrease to assets because just like the principle states: 'credit the giver and debit the receiver', it therefore implies that a 'credit' entry will decrease the balance on the account because it is giving.

III. It represents an increase to liabilities because liability accounts already have credit balances by nature, therefore a 'credit' entry will be increasing the already existing credit balance.

IV. It is on the right side of a T-account. This is a true statement because in T-account construction the debit is on the left and the credit on the right.

5 0

3 years ago

Snap Dragon Photo reported the following figures on its December 31, 2016, income statement and balance sheet:Net Sales $440,000

siniylev [52]

Answer:

Assets turnover ratio= 1.64 times

Explanation:

The asset turnover is the he amount of sales generated by one dollar invested in asset. it measures how efficient the business is in generating sales using assets

Assets turnover ratio = net sales / Average assets

Asset at the beginning of year 2016

=26,000 + 56,000 + 79,000 + 8,000 + 180,000 = 349 ,000

Asset at the end of year 2016

$28,000 + 58,000 + 76,000 + 14,000 + 11,000= 187 ,000

Average assets = Opening value of asset+ closing value of assets/2

= 349 ,000 + 187 ,000= 268 ,000

Assets turnover ratio = net sales / Average assets

=440000/268,000= 1.64 times

Assets turnover ratio= 1.64 times

Total assets =

3 0

3 years ago

Stephanie and Mallory are working to identify the work performed and the working conditions for each job within Acme Global. The

malfutka [58]

Answer:

The question is incomplete;

A. job design

B. job analysis

C. job specification

D. HR forecasting

The answer is B. job analysis

Explanation:

A job analysis is a process used to collect information about the duties, responsibilities, necessary skills, outcomes, and work environment of a particular job. Job analysis provides information of organizations which helps to determine which employees are best fit for specific jobs.

5 0

2 years ago

Read 2 more answers

In April, one of the processing departments at Terada Corporation had beginning work in process inventory of $37,000 and ending

Alborosie

Answer:

total cost to be accounted = $297000

Explanation:

given data

beginning work in process inventory = $37,000

ending work in process inventory = $43,000

costs added to production = $260,000

cost of units transferred out = $254,000

solution

we get here total cost to be accounted that is express as

total cost to be accounted = ending work in process inventory + cost of units transferred out ......................1

put here value and we will get

total cost to be accounted = $43,000 + $254,000

total cost to be accounted = $297000

3 0

2 years ago

Identify whether the following paragraph uses a direct, indirect, or semi-indirect organizational pattern.

Anna007 [38]

Answer:

Correct answer is B that is Indirect Organizational Pattern

6 0

3 years ago

Read 2 more answers