Someone help me please?

The accounting process is correctly sequenced asA) Identifying→recording→communicatingB) Identifying→communicating→recordingC) C

garik1379 [7]

Answer:

The correct answer to the following question is option A) Identifying - Recording - Communicating .

Explanation:

An accounting process can be defined as series of activities which begins with identifying a transaction and ends with books closed. This process is also called accounting cycle because this process is done every financial reporting period. Here the first step would be to identify a transaction, then getting source document of transaction ready, after that classifying the transaction , then recording it by making journal entries, which would then lead to preparation of ledger, trial balance and other financial statements etc.

3 0

3 years ago

Dj, inc., has net working capital of $2,170, current liabilities of $4,590, and inventory of $3,860.

jenyasd209 [6]

The above answer can be explained as under -

Given,

Current Liabilities = $ 4,590

Net working capital = $ 2,170

So, the current assets will be calculated as under -

Net working capital = Current assets - Current liabilities

$ 2,170 = Current assets - $ 4,590

Current assets = $ 2,170 + $ 4,590

Current assets = $ 6,760

The liquid or quick assets will be calculated as -

Current assets - Inventory = Quick assets

Quick assets = $ 6,760 - $ 3,860

Quick assets = $ 2,900.

Now,

1. Current ratio = $\frac{Current assets }{Current Liabilities}$

Current ratio = $\frac{$ 6,760 }{$ 4,590}$ = 1.47

2. Quick ratio = $\frac{Quick assets }{Current Liabilities}$

Quick ratio = $\frac{$ 2,900 }{$ 4,590}$ = 0.63

6 0

3 years ago

Read 2 more answers

Benefit corporations differ from traditional corporations in three main ways. The main purpose is to benefit the ___ , so direct

larisa86 [58]

The correct answers are, Public, Environment, Derivative Suit, Benefit Report.

Explanation:

Any corporation which is established to benefit people, society and the environment, is called as the Benefit corporation.

The main purpose is to benefit the Public, so the directors must consider the impacts of their decisions on society and the Environment. Shareholders have an additional right to private action called a Derivative Suit, that allow them to sue the corporation for failure to pursue the purpose. Finally, benefit corporations must issue an annual Benefit Report on its performance and include a third party standard of assessment.

Learn more about Benefit Corporations at:

brainly.com/question/13648699

#LearnWithBrainly

3 0

3 years ago

When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an or

vlada-n [284]

Answer: When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an organization with a(n) Mercenary culture.

Explanation:

Mercenary is one who always works for money not for achieving any organizational goal. Mercenary culture is one in which employees have the same thinking. Employees are not friends with each other. It is the culture in which everyone thinks of his benefit. People are more determined to win even if they have to sacrifice their ethics.

So this type of culture is not very successful in the long run. Because everybody works for his or her advantage. For an organization to be successful everyone has to work together keeping in mind the benefit of other employees also.

5 0

3 years ago

A public debt which is owed to foreigners can be burdensome because: a foreign interest rates are persistently higher than domes

yulyashka [42]

A public debt owed to foreigners can be burdensome because B) payment of interest reduces the volume of goods. This can usually be seen illustrated in the form of a nation lending another nation money. The debt is public because the whole nation takes it on. The lending nation then is lacking in terms of use by the lending nation.

4 0

4 years ago