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DanielleElmas [232]
3 years ago
5

Over time, external monitoring processes should capture information about the external environment in a format that can be refer

enced across the organization as threats emerge and for historical use.
a. True
b. False
Business
1 answer:
mamaluj [8]3 years ago
6 0

Answer:

True

when monitoring processes are observed when threats emerge the organization will know how to tackle the threats

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Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entr
Ludmilka [50]

Answer:

May 24

Dr Retained earnings $1,500

Cr Cash $1,500

Being cash dividend paid to shareholders.

October 11

Dr Advertising Expense $1,000

Cr Cash $1,000

Being cash payment for monthly advertising expenses.

Explanation:

Rules:

Debit side:

Increase in asset

Increase in expense

Decrease in liability

Decrease in equity

Decrease in income or sales

Credit side:

Decrease in asset

Decrease in expense

Increase in liability

Increase in equity

Increase in income or sales

May 24

Dr Retained earnings $1,500

Cr Cash $1,500

Being cash dividend paid to shareholders.

October 11

Dr Advertising Expense $1,000

Cr Cash $1,000

Being cash payment for monthly advertising expenses.

8 0
3 years ago
YOOO I NEED HELPPP I'LL GIVE YOU 30 POINTS
cricket20 [7]

Answer:

im in 7th grade trying to help so heres my answer

Explanation:

Another possible work place is somewhere where there would be a healthier place other places may pay more but its not worth it after some time you'll have alot of money and health. A place you should work at is a place where youll be safe and health such as a well secured workplace for example a gardener for such people or maybe a selling homes person or artist seller or a dream job but always think of health and saftey and wear a mask and gloves to avoid germs.

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3 years ago
Stereotyping in the workforce has led to
Bingel [31]
Pay discrepancies i believe
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3 years ago
Required information E12-3 Understanding the Computation of Cash Flows from Operating Activities (Indirect Method) [LO 12-2] [Th
kompoz [17]

Answer:

Net income = $320

Net cash flow from Operating activity = $145

Explanation:

The journal entries are shown below:

1. Cash A/c Dr $485

        To Service revenue A/c $485

(Being sales service is provided for cash)

2. Salary expense A/c Dr $165

   Outstanding salary expense A/c Dr $175

              To Salary and wages payable A/c  $340

(Being salary expense is recorded)

Salary and wages payable A/c  $340

       To Cash $340

(Being salary and wages are paid)

The net cash flow from operating activities would be

= Service revenue - salaries and wages payable

= $485 - $340

= $145

The net income would be

= Sales - salary expense

= $485 - $165

= $320

Cash flow from Operating activities under the indirect method  

Net income $320

Less: Decrease in salary payable - $175

Net Cash flow from Operating activities $145

4 0
3 years ago
Scorcese Inc. is involved in a lawsuit at December 31, 2020.
IceJOKER [234]

Answer and Explanation:

a. The Journal entry is shown below:-

Lawsuit loss Dr, $900,000

         To Lawsuit liability $900,000

(Being lawsuit loss is recorded)

Here we debited the lawsuit loss as it increased the losses and we credited the lawsuit liability as  it also increased the liabilities because the losses contains normal debit balance and the liability contains normal credit balance

b. No Journal entry is required as The loss is not accrued as it is not expected that a liability has been spent at Dec 31, 2020

5 0
3 years ago
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