Answer: sampling
Explanation: Sampling is a statistical analytical technique where a number of observations are selected from a large population. Analysis is carried out on the sample and use to draw conclusion for the whole population.
Purpose of a bank reconciliation statement.
A bank reconciliation statement is used to compare your record to those of your bank to see if there is difference between the two sets of records. The ending balance of your version of cash records is known as the book balance while the bank`s version is known as bank balance. It is common for there to be a difference in the two balances. The results to the differences might be due to overdrawn bank account, bounced checks and overdraft fees. It is important for you to check the difference because there might be substantial variance between the amount you think you have and that the bank thinks you have. In some cases the bank may even elect to close down your account.
Answer:
<em>The Accounting Cycle is as follows:</em>
<em>1. Transactions are analyzed and recorded in the journal.
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<em>2. Transactions are posted to the ledger.</em>
<em>3. An unadjusted trial balance is prepared.
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<em>4. Adjustment data are asssembled and analyzed.
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<em>5. An optional end-of-period spreadsheet is prepared.
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<em>6. Adjusting entries are journalized and posted to the ledger.
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<em>7. An adjusted trial balance is prepared.
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<em>8. Financial statements are prepared.
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<em>9. Closing entries are journalized and posted to the ledger.
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<em>10. A post-closing trial balance is prepared.
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Answer:
gjvhjjhjbkhvgjvjvcgghv mjnvjhviyhvjvbhjvgkuvjcj
Explanation:
According to a company's retained earning statement, it did not distribute a dividend to shareholders last year. A potential investor might draw the conclusion from this that management might be concentrating on a growth strategy.
<h3>Enlist the types of dividend.</h3>
In general, a dividend is viewed as a cash payment made to the owners of firm stock.
- Of all the dividend forms, cash dividends are by far the most prevalent. The board of directors decides to pay a certain dividend amount in cash to shareholders who held the company's stock on the day of declaration.
- A stock dividend is the free distribution of common shares by a firm to its common shareholders.
- Scrip dividends, which are effectively promissory notes (which may or may not include interest) to pay shareholders at a future date, are sometimes issued by companies that may not have enough cash on hand to pay dividends in the near future. A note payable is created by this dividend.
- A liquidation dividend is declared when the board of directors wants to return the capital that shareholders initially invested as a dividend. This action could signal that the company will eventually close.
- An organization may choose to distribute a non-cash dividend to investors rather than paying out in cash or stock. Record this distribution at the assets that were distributed's fair market value. The fair market value of the assets is probably going to differ significantly from their book value, thus the corporation will probably record the difference as a gain or loss. This accounting rule may occasionally cause a company to purposefully pay property dividends in an effort to change its reported and/or taxed income.
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