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vlada-n [284]
3 years ago
8

What is a general ledger

Business
2 answers:
cestrela7 [59]3 years ago
5 0

A <span>general ledger contains all accounts the company had transacted. It is the main accounting record in which the figures are used to produce financial statements. It has debit, credit and account balances for all assets, liabilities and equity for a given period.</span>

vekshin13 years ago
5 0
A company's main accounting records.
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Cash flow from operating activities is increased by: a. depreciation and amortization b. a decrease in accounts receivable c. a
Svetlanka [38]

Answer:

All of the these above

Explanation:

Cash flow from operating is a part of cash flow statements in a company that describes the various ways through which cash is both sourced and used from continuing business transactions or activities within a given period of time.

Examples includes working capital, net income from income statements, tax liabilities, account payable, depreciation and amortization, a decrease in accounts receivable, etc.

7 0
3 years ago
According to the video, 38 percent of managers have fired someone for stealing from the office. when an employee is considering
Arisa [49]

Ethical Dilemma

An ethical dilemma is a decision-making problem between two possible moral routes, neither of which is explicitly acceptable. As a result, the decision maker is faced with a difficult situation because choosing one route would lead to transgressing another.

6 0
2 years ago
Jonamser Bank has separate legal, marketing, finance, and human resources divisions. Each of these units has qualified specialis
elena-14-01-66 [18.8K]

Answer: (A) Functional departmentalization

Explanation:

 The functional departmentalization is one of the type of departmentalization in which the the departments are get organized according to the specific function in an organization.

The main importance of the departmentalization is that it facilitates the division of work and also responsibility according to the specific department and as it make the task more effective and easy.

Therefore, jonamser bank basically follow the functional departmentalization as it helps in the division of department such as, human resource, financial department and the marketing department.  

7 0
3 years ago
Thad, a single taxpayer, has taxable income before the QBI deduction of $176,000. Thad, a CPA, operates an accounting practice a
tester [92]

Answer: $21,007.36

Explanation:

Qualified business income deduction for a single member small business:

= Qualified business income * 20% * Applicable percentage if taxable income is above $163,300 limit on QBI deduction

Applicable percentage if taxable income is above $163,300 limit on QBI deduction:

Amount over $163,300 limit:

= 176,000 - 163,300

= $12,700

= 100% - (12,700 / 50,000)

= 100% - 25.4%

= 74.6%

QBI deduction = 140,800 * 20% * 74.6%

= $21,007.36

<em>Note: The $50,000 used in dividing the difference above is the difference between the $163,300 limit for full deduction and $213,300 limit for a partial deduction. </em>

3 0
2 years ago
Palmer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an ann
Bas_tet [7]

Answer:

25%

Explanation:

Accounting rate of return =( Net income from investment ÷ Cost of investment ) × 100

Net income from investment = $100,000

Cost of investment = $400,000

Required rate of return = ($100,000 / $400,000 ) × 100

= 0.25 × 100

= 25%

7 0
2 years ago
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