Answer:
Option B and C are correct because adjusting entries arises due to mistakes and errors found in the recording of transactions and this does not arises in the start of the accounting period. It arises in the month ends and interim & final audits. The internal auditors also reviews the financial statements to eliminate all the errors and ommissions in the Financial statement.
Option A is incorrect because adjusting entries are passed both in accrual accounting and cash accounting system.
Option D is incorrect because these adjustments arises at the end of months and year audits.
Answer:
Resilience.
Explanation:
In business, Geoff is demonstrating an ability termed resilience to recover from his low sales and not only adapt but offering post disaster strategies to prevent low sales. By demonstrating resilience, Geoff could bounce back from such a setback.
Answer:
0.7589
Explanation:
P(34000<=x<=38000)
P(34000-50000 / 12000) <= z <= 38000-50000 / 12000)
P( -16000/12000) <= z <= -12000/12000)
P(z<=-1.33)- p( z<=-1.00)
=0.9176 - 0.1587 (using standard normal table)
=0.7589
The right answer for the question that is being asked and shown above is that: "• set marketing objectives." The first step in the process of creating a marketing plan is to <span>set marketing objectives. The group must know the goals and objectives why they are making a business or something.</span>
Answer:
Credit to cash $230
Explanation:
Preparation of the Journal entry for the reimbursement of the account of Spencer Co.
Based on the information given we were told that the company spent the amount of $51 for delivery expenses, the amount of $159 for merchandise inventory, and the amount of $20 for miscellaneous expenses from their petty cash fund at the end of the month, which means that the journal entry to record the reimbursement of the account will be:
Dr Delivery expenses $51
Dr Merchandise inventory $159
Dr Miscellaneous expenses $20
Cr Cash $230
(To record petty cash reimbursement)
