Sales account is least likely to have a subsidiary ledger, so the correct answer is (a).
All sales transactions are documented in a sales account. Both credit and cash sales are included in this. The net sales amount that appears at the forefront of the income statement is determined by adding the account total to the sales returns and allowances accounts. A current client could also be referred as a sales account. A customer becomes a marketing account once a sale has been made to them. In order to arrive at a number referred to as net sales, the achieve business is typically merged with the returns and allowances account.
Learn more about sales account here:
brainly.com/question/29222039
#SPJ4
Answer:
The statement is: False.
Explanation:
Non-manufacturing costs are those not related to the production process of the company. It implies costs useful for the operations of the firm but does not have an impact on the process of creating a final good. Administrative salaries, office supplies, and depreciation fall into this category.
Absorption costing describes an accounting approach in which all the manufacturing costs are assigned to the units produced.
Thus, as non-manufacturing costs are not related to the manufacturing process, they cannot be allocated within the units of production using the absorption costing method.
Answer:
The correct answer is operant conditioning.
Explanation:
Operative conditioning is a form of incentive, whereby a group of individuals are more likely to repeat forms of behavior that carry positive consequences and less likely to repeat those that carry negative consequences. In this case, by involving the company's employees in productivity gains, the positive behavior that leads to this happening is rewarded.
Have a nice day!
The company's times interest earned ratio equals 4.75.
Times interest earned ratio = Income before interest expense and income taxes / Interest expense = 52,250 / 11,000 = 4.75.
A company's ability to continuously pay off its debt is measured by the Times Interest Earned (TIE) ratio. This ratio is calculated by dividing a company's EBIT by its recurrent interest expense.
The ratio is the theoretical frequency with which a company would have to make periodic interest payments if it applied 100% of its EBIT to debt repayment.
The TIE's primary goal is to calculate a company's default risk. As a result, it is simpler to determine crucial debt features, such as the appropriate interest rate to use or the maximum amount of debt a company may take on before going bankrupt.
To learn more about Times interest earned visit: brainly.com/question/8362461
#SPJ4
