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
IgorLugansk [536]
2 years ago
5

Four financial statements are usually prepared for a business. The statement of cash flows is usually prepared last. The stateme

nt of owner's equity (OE), the balance sheet (B), and the income statement (I) are prepared in a certain order to obtain information needed for the next statement. In what order are these three statements prepared?
Business
1 answer:
Bezzdna [24]2 years ago
6 0

Answer:

1. Income statement

2. Statement of owner equity

3. Balance sheet

Explanation:

As we know that financial statements are very important for any type of business. But the sequence of the financial statements is more important.  

In the given question, the cash flow statement is prepared last but before that, we have to make three statements more

1. Income statement: This statement tells about the net income or net loss of the company

2. Statement of owner equity: It tell the ending balance of the owner equity which will show in the balance sheet

3. Balance sheet: At last, the balance sheet is prepared which includes assets, liabilities, and shareholder's equity.

You might be interested in
HELPPP!!!!
lbvjy [14]
The Answer should be E. Mobile Devices are more likely to be lost or stolen thus creating a higher chance of you information being used for someone elses self ambitions

Hope i helped :3
7 0
3 years ago
Read 2 more answers
In the context of downsizing in an organization, allowing a worker to remain in a position for a period of time after she or he
Elden [556K]

Answer:

d. Terminated workers may interpret early notice as an effort to get the most out of them before departure

Explanation:

When an organization is downsizing, it is not proper to allow an employee to still remain in the organization and be performing his or her normal duties after the employee has been informed about impending termination might.

This is not the right course of action as the employee may have a different perception and may think the company just wants to get the best out of them before they leave and this may lead to unintested employees.

8 0
2 years ago
To avoid overburdening the incident command, resources should not self-dispatch (spontaneously deploy). True or false?
kicyunya [14]

To avoid overburdening the incident command, resources should not self-dispatch (spontaneously deploy). The answer is True.  

5 0
3 years ago
Read 2 more answers
Maria, who works in the design department, wants her online presence to signal that she is a business professional. Which profil
s2008m [1.1K]

Answer:

A photograph of Maria in her work clothes with smiling face

Explanation:

Maria is an individual or person, who works as designer in the design department of a company. Being a designer, her work involves creativity in her designs which attract the customers.

And she wants her online presence to signal or state that by profession she is a business professional in order to choose a profile picture for her online presence, she needs to choose a photograph, in which she is wearing her work clothes along with a smiling face.

5 0
2 years ago
On April 1st, Bob the Builder entered into a contract of one-month duration to build a barn for Nolan. Bob is guaranteed to rece
hichkok12 [17]

Answer:

a) What is the expected transaction price with variable consideration estimated as the expected value?

  • original cost $5,800 if job is finished in one month (15% probability)
  • bonus price for finishing 2 weeks earlier $5,800 x 1.25 = $7,250 (25% probability)
  • bonus price for finishing 1 week earlier $5,800 x 1.15 = $6,670 (60% probability)

expected transaction price = ($5,800 x 15%) + ($7,250 x 25%) + ($6,670 x 60%) = $6,684.50

b) What is the expected transaction price with variable consideration as the most likely amount?

$6,670, since it has a 60% probability

3 0
3 years ago
Other questions:
  • "You never get a second chance to make a good first impression," captures the importance of the __________ step in the selling p
    10·1 answer
  • Target cost-per-acquisition (cpa), which factors in auction-time signals including device, location, time of day, remarketing li
    15·1 answer
  • Our tax laws encourage taxpayers to ____ assets that have appreciated in value and ____ assets that have declined in value.a. se
    12·1 answer
  • Prepare a personal budget for one month. Be sure to think through your sources of income and expenses. Be as detailed as you wis
    6·1 answer
  • Which of the following approaches to process improvement could be described as competitive​ benchmarking? A. Employees at XEROX
    13·1 answer
  • hanif gives his neighbor carla his freshly grown tomatoes in exchange for her expert lawn care.What is hanif engaged in
    7·1 answer
  • f a company is to respond successfully to change, it must be able to _____ and _____, which is known as the _____ approach.
    10·1 answer
  • Martha, an accrual-method taxpayer, has an accounting practice. In 2015, she performs tax analyses for Arnold and sends him an i
    10·1 answer
  • Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity Inc. uses flexible budgets that
    9·1 answer
  • An analyst gathered the following information about a company for a fiscal year: QuarterPurchases in UnitsCost per UnitPurchases
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!