C. a negative duration on it's assets.
A team is linked to the organization's hierarchy,
with some shift of power to team; the leader has limited managerial power;
decision-making is consultative, democratic, or by consensus
Answer:
D. Sole proprietor's wages.
Explanation:
The owner of the business is the sole proprietor on the other hand sole proprietor is not an employee. Therefore he receives no salaries as he is the person who is an owner of any company or an organization. Any sum he takes from the company is considered to be withdrawn amount.
Hence, Sole Proprietor's wages are not listed in the ledger of the sole proprietor. So, the correct answer is D.
$10500.
What is credit and debit?
Events known as business transactions have a financial influence on an organization's financial statements. We enter the figures in two accounts, with the debit column on the left and the credit column on the right, to account for these transactions.
<u>Debit</u>
An accounting debit is an addition to an asset or cost account or a subtraction from a liability or equity account. In an accounting entry, it is placed to the left.
<u>Credit</u>
A credit is an accounting item that either raises or lowers an asset or cost account. It can also increase or decrease a liability or equity account. In an accounting entry, it is placed to the right.
Learn more about credit and debit with the help of given link:-
brainly.com/question/27917616
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Answer:
OAKLEY
INVENTORY TURNOVER 2,66
Cost Of Goods 395,010
Average Inventory 148,500
DAYS IN INVENTORY 137
Explanation:
To calculate the Inventory Turnover ratio it's necessary to calculate the average inventory of the year , the take the Total Cost of Goods and divide it by the Average Inventory, the result it's the Inventory Turnover of the company, in this case 2,66
To find the days in inventory we have to divide 365 (days of the year) and divide it by the Inventory Turnover, 2,66, the result is 137 days.
END START
$172,000 $125,000 Inventory
$ 768,000 Sales Revenue
$ 395,010 Cost of Goods Sold
OAKLEY
INVENTORY TURNOVER 2,66
Cost Of Goods 395,010
Average Inventory 148,500
DAYS IN INVENTORY 137
