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poizon [28]
3 years ago
15

Why must a cash book always shows a debit balance ​

Business
2 answers:
vichka [17]3 years ago
7 0

Answer: It should be noted that the total of the debit side of the cash book always exceeds the credit side. It is because business cannot pay more cash than what he has got. If the money is paid by borrowing from someone, it will first be recorded on the receipts side and only then it will be shown on the payment side. Hence, the cash book always shows a Debit balance or at the most nil balance but can never show a credit balance.

Explanation:

liubo4ka [24]3 years ago
6 0
Because it helps the buyer or seller know how much they have
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Answer:

decrease; increases

Explanation:

The principles of demand and supply occurs here.

For example, The effects of a change in supply of reserves on demand is evident when supply of  reserves increases and in turn the reserves get cheaper. This will make banks want more of reserves because it benefits them.

However, reverse is the case of the interest rates decreases.

8 0
3 years ago
If you spend 8.50 for lunch on Monday 3.95 on Tuesday and 11.15 on Friday how much have you spent for lunch this week
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3 years ago
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The parameters of nonlinear models have exponents _____.
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Answer:

b. other than 1

Explanation:

Nonlinear models are called that way because they are not linear in parameters. In order for this nonlinear characteristic to exist, the exponents of the parameters must be any number other than 1.

While linear models can have a nonlinear relationship between the predictors and independent variables. But when you analyze the mean (predictor), it must be linear with the parameters.

4 0
3 years ago
Which of the following is true? Overhead costs are often affected by many issues and are frequently too complex to be explained
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Answer:

Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.

Explanation:

An overhead cost is not directly defined, to be that of material, or labor, or any other unit, overhead include, many factors, electricity usage, machine hours usage, water usage, or the capacity utilization of machinery, and various other factors. Since its computation and allocation is not clear many a times, a single overhead like that of electricity, has many factors, ideal usage of electricity, or machine hours used in production or simply the total cost of overheads for that month or building or etc: and its utilization. In short, to conclude we can state that overhead costs are complex in nature.

All other options are false.

Final Answer

Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.

8 0
3 years ago
Which of the following would be most likely to use process costing? a.lawn fertilizer manufacturer b.custom furniture manufactur
Novosadov [1.4K]

Answer:

The correct answer is letter "A": lawn fertilizer manufacturer.

Explanation:

Process costing is a type of costing approach used by companies to identify expenses for individual units produced. This method is useful for manufacturers in charge of mass production where all the units are almost the same or equal. Thus, <em>a lawn manufacturer could use the process costing system</em> because the equipment produced in that industry are almost equal and tend to be manufactured in large quantities.

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3 years ago
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