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Zielflug [23.3K]
3 years ago
14

Juan Kirby is confused about how accounting information flows through the accounting system. He believes the flow of information

is as follows. (a) Debits and credits posted to the ledger. (b) Business transaction occurs. (c) Information entered in the journal. (d) Financial statements are prepared. (e) Trial balance is prepared.
Business
1 answer:
Zanzabum3 years ago
7 0

Explanation:

The following steps to flow the accounting information        

(b) Business transaction occurs.

(c) Information entered in the journal.  It includes the narration part

(a) Debits and credits posted to the ledger to their respective accounts

(e) A trial balance is prepared.  It aims to match the total debit and total credit columns

(d) Financial statements are prepared so that it could analyze the financial performance, position of the business organization

All these above steps are to be followed systematically so that the financial statement could be present in an accurate and ethical way. It must be free from any bias, it always be presented independently.

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Prepare a cost estimate for the construction of a small, high quality, office building that contains 18,525 square feet of floor
Cerrena [4.2K]

Answer: $2197570

Explanation:

The cost estimate is prepared below:

Base cost = $101.15 × 18525 = $1873804

Add: Site work cost = $180000

Total = $1,873,804 + $180,000 = $2053804

Add: Design fees = 7% × $2053804 = 0.07 × $2053804 = $143766

Estimated cost = $2053804 + $143766 = $2197570

The range or percentage of this cost will be +50%.

3 0
2 years ago
What are the three most critical components that a marketer needs to examine to segment a market effectively?
Georgia [21]
1. Identifiability (and measurability)
2. Accessibility
3. Responsiveness

1. Identifiability
    - the target market must be identifiable to determine which of the
      consumers belong to the segment. The target market must be well-
      defined and measurable, particularly in terms of population, income, and
      age bracket. 

2. Accessibility
    - this refers to the ease of reaching the identified market segment in terms
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3. Responsiveness
    - the target market should be evaluated if they will respond (i.e. purchase)
      the products and services created for them. There is little point in
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4 0
3 years ago
My left shoulder hurts but I'm not sure if its torn or if i should work out today as well (its not soreness)
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Most likely you've pulled a muscle. The pain will probably go away in the next day or so, if not you should wrap it with a sprain cast in case you sprained it somehow. But definitely do not work out today. That could worsen it and make the pain more severe.

hope this helps!
5 0
3 years ago
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irga5000 [103]

Answer: Option (d) is correct.

Explanation:

Correct Option: Marginal revenue equals marginal cost.

Pure monopoly is a market situation in which there is a single firm who are producing the goods and these goods are the close substitute. There is no other firm in the market. So, the monopoly firm is the price setter.

The output level that is produced by the profit maximizing monopoly firm is at a point where marginal revenue is equal to the marginal cost. It is the same profit maximizing condition that a competitive firm also utilize to find their equilibrium level of output.

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3 years ago
At 6.5 percent interest how long does it take to double your money to quadruple it
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Your money will double in approximately 11 years and quadruple in approximately 22.

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