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
FromTheMoon [43]
3 years ago
7

Posting is the process of transferring items entered in a general journal to the: 1. worksheet. 2. trial balance. 3. general led

ger. 4. financial statements.
Business
1 answer:
Rashid [163]3 years ago
7 0

Answer:

The correct answer to the following question will be Option 3 (General ledger).

Explanation:

  • General Ledger is the full accounting of all the financial activities of the company across its lifespan. It contains all the documents which are preparing the reports of finance, including income, assets, investments, income, and expenditures.
  • It's an official paper that offers a comprehensive overview of the business transactions of the company.
  • An invoice, or general ledger key, is a number that is used to document business transactions in the ledger.

Therefore, Option 3 is the right answer.

You might be interested in
Which of the following statements regarding SPT and WSPT is INCORRECT?
Alex Ar [27]

Answer:

D

Explanation:

WSPT assigns the highest priority to the job with the LOWEST weight/processing time ratio.

4 0
3 years ago
As an 18 year old in Alabama I know that the age majority is 19, and I can't drop out of high school without parent permission b
Julli [10]

Answer:

No, Alabama can't make you come back. But that is just my opinion. Please don't listen to me

3 0
2 years ago
Read 2 more answers
Gannon Company acquired 10,000 shares of its own common stock at $20 per share on February 5, 2014, and sold 5,000 of these shar
DiKsa [7]

Answer:

The credit entry for the issue of 5000 shares is:

Cr Treasury stock                                       $100,000

Cr Paid-in capital from treasury stock          $35,000

Explanation:

The par value of the common stock issue($20 per share) is credited to treasury stock account, while the excess of issue price of $27 over the par value of $20, $7 per share is credited to paid-in capital from treasury stock

The full double entries for the issue of 5000 shares is as follows:

Dr Cash ($27*5000)                                                 $135,000.00  

Cr Treasury stock($20*5000)                                                          $100,000

Cr Paid-in capital from treasury stock($7*5000)                                $35,000

Under International Financial Reporting Standards, the credit entries would be that par value is credited to equity share capital and the excess credited to share premium account.

                                 

3 0
3 years ago
Which of the following is the best description of organizational culture?
RoseWind [281]

Answer: The correct answer is "E. A system of shared values about what is important and beliefs about how the world works".

Explanation: It can be defined as the specific collection of norms and values that are shared by people and groups in an organization and that control the way they interact with each other within the organization and abroad. In the organizational culture are the informal and unwritten regulations that guide the daily behavior of the members of an organization, behaviors that may or may not be aligned with the purpose of the organization.

4 0
3 years ago
Assume that the current corporate bond yield curve is upward sloping. Under this condition, then we could be sure that.
frez [133]
One thing for sure is it’s going to slope down soon
5 0
2 years ago
Other questions:
  • HELPPSPSPPSPSOSPPSSPOSJHDJWK
    10·1 answer
  • Monte Vista uses the perpetual inventory system. At the beginning of the quarter, Monte Vista has $44,000 in inventory. During t
    7·1 answer
  • David runs a bed and breakfast in the outskirts of a big city. His employees are allowed to spend up to $200 to resolve any cust
    5·1 answer
  • He wishes to invest $21,000 in an annuity that will make a level payment at the end of each year until his death. if the interes
    7·1 answer
  • When walmart gathers information about what target is doing so as to be more​ proactive, walmart is engaged in​ ________?
    15·1 answer
  • A ___________ plan can help you identify steps needed to restore a failed system. business continuity disaster recovery risk man
    13·1 answer
  • Jill Gracie's current checkbook balance is $8,900.15. She opened up the bank statement and saw the bank's balance at $7,000.10.
    15·1 answer
  • The present value of $1,000 to be received in 5 years is ________ if the discount rate is 12.78%. Group of answer choices $687 $
    14·1 answer
  • Country A has great expertise in the production of planes and produces a large quantity of planes while country B has expertise
    12·1 answer
  • Janae deposits $800 in a savings account. The money is left on deposit for 3 years earning 4% compounded annually. Calculate the
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!