Answer:
ERP
Explanation:
Based on the scenario being described within the question it can be said that for this situation you should probably select an ERP system. This is a centralized system that provides the company with complete integration of all of the different functions or divisions of the company, allowing everything to be analyzed easily and in unison.
Answer:
Journal entry
Explanation:
The journal entry is as follows
Cash $1,323
Service charge expense ($1,350 × 2%) $27
To Sales Revenue $1,350
(Being the cash is recorded)
for recording this transaction we debited the cash and expenses as it increase both balances while at the same time the sales revenue is also increased so it is credited
Answer: Equal Opportunity and Responsibility.
Explanation: Every successful organization share in common: a common goal they target to achieve, proper coordination, and hierarchy of authority.
In most organizations authority is NOT equal and each individual has their key roles they perform to ensure success is achieved.
There is always a leader or a team of leaders and those following their lead.
A change from straight-line depreciation to double-declining-balance depreciation would be reported as a restatement of the prior period statements only.
The term depreciation refers to an accounting technique used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.
Depreciation expense is apportioned to charge a reasonable portion of the depreciation amount for each accounting period over the expected useful life of the asset. Depreciation includes the depreciation of assets with a predetermined useful life.
Learn more about depreciation here:brainly.com/question/1203926
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Answer: B. One asset would increase $1,750 and a different asset would decrease $1,750, causing no effect
Explanation:
From the information given in the question, the journal entry at the time of sales will be represented as:
Debit Accounts receivable $1,750
Credit Sales $1750
Now, when the credit receipt is received as illustrated in the question, the journal entry will be:
Debit Cash $1,750
Credit Accounts receivable $1,750
Therefore, one asset would increase $1,750 and a different asset would decrease $1,750, causing no effect.
The correct option is B.
