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andreev551 [17]
3 years ago
14

Organizing Select one:

Business
1 answer:
kaheart [24]3 years ago
8 0

Answer:  Option C

Explanation:  Organizing is the administrative role that typically follows after planning, from the point of view of businesses. Organizing includes assigning tasks and assigning authority to accomplish goals and objectives with sufficient accountability and allocating resources throughout the organization.

Organizing includes creating deliberate task structures by defining and listing the tasks necessary to achieve a company's objectives. In simple words,  Organizing is creating successful relationships of power between specified employers, people, and workplaces so that the community can work effectively together. Or the separation of work into branches and divisions.

Thus, from the above we can conclude that the correct option is C .

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What is the difference between a nominal value and a real value?a. A nominal value is measured in monetary units adjusted for in
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A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of i
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One of the workers in Henry's department submitted his two weeks' notice so Henry needs to hire a replacement. The HR department
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Below is the trial balance for Sugar Almonds Ltd as at 31st December 2020
valentina_108 [34]

Answer:

Net income = $31,130

Total Assets = Owner's Equity and Liabilities = $104,230

Explanation:

The the Income Statement of Profit or Loss and the Statement of Financial Position can be prepared  as follows:

Sugar Almonds Ltd  

Income Statement of Profit or Loss  

For the Year Ended 31st December 2020  

<u>Particulars                                                        $                       $             </u>

Sales Revenue                                                                       93,700

Cost of sales:  

Opening inventory                                      12,000

Purchases                                                   49,000

Closing inventory - income statement   <u> (24,350)  </u>

Cost of sales                                                                       <u>  (36,650)  </u>

Gross profit                                                                             57,050

Operating expenses:  

Administrative Expenses                               (850)

Rent paid                                                     (2,000)

Telephone                                                      (900)

Wages                                                         (21,650)

Travel expenses                                        <u>     (330)  </u>

Total operating expenses                                                   (25,730)

Interest income (expense):

Interest paid                                                                        <u>      (190)   </u>

Net income                                                                        <u>     31,130   </u>

 

Sugar Almonds Ltd  

The Statement of Financial Position  

As at 31st December 2020  

<u> </u><u>Particulars                                                        $                        $             </u>

<u>Fixed Assets</u><u> </u>

Premises at cost                                         70,000  

Vehicles at cost                                        <u>    5,800 </u> 

Total Fixed Assets                                                                 75,800

<u>Current Assets</u>

Cash                                                                 630  

Bank                                                               2,100

Closing inventory - Statmt of fin positn    24,350  

Trade Receivables                                    <u>    1,350</u>  

Total Current Assets                                                           <u>   28,430  </u>

Total Assets                                                                        <u>   104,230 </u>

<u>Owner's Equity</u>

Capital                                                       72,000  

Drawings                                                   (6,450)

Net income                                           <u>      31,130  </u>

Total Owner's Equity                                                             96,680

<u>Current Liabilities</u>  

Trade Payables                                          6,400  

VAT                                                         <u>     1,150  </u>

Total Current Liabilities                                                      <u>    7,550  </u>

Owner's Equity and Liabilities                                         <u>  104,230 </u>

6 0
3 years ago
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