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pickupchik [31]
3 years ago
14

If the credit to record the purchase of supplies on account is not posted

Business
1 answer:
Ratling [72]3 years ago
6 0
The liabilities will be understated. 
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Darrell is in charge of facilities management at his company. He believes in helping the environment and knows the company can s
coldgirl [10]

The writing up of a plan with an explanation of why his idea is beneficial to the company is known as a business proposal.

<h3>What is a business proposal?</h3>

A business proposal simply means a document that's used by businesses to persuade someone about a product.

In this case, the board want him to write up a plan with an explanation of why his idea is beneficial to the company, a budget, and how he will use employees' time.

This is known as a business proposal.

Learn more about <em>business proposal</em> on:

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4 0
3 years ago
Which type of account typically has low liquidity?
Rashid [163]
 D: Certificate of deposit  
thats the correct answer
4 0
3 years ago
Allows companies to offer people personalized content based on there intresrt or shopping experience
bogdanovich [222]

Answer:

Personalized marketing

Explanation:

Personalized marketing allows companies to offer people personalized content based on their interests or shopping experience.

3 0
2 years ago
A company issued rights to its existing shareholders without consideration. The rights allowed the recipients to purchase unissu
AnnyKZ [126]

Answer:

Option C.

1. No

2. No

Explanation:

The rights are unissued common stock yet hence no double entry would be passed. The double entry will only be passed when the rights are exercised.

The double entry when the rights are exercised would be:

Dr Bank A/c XX

Cr Common stock                      XX

Cr Additional paid-in capital     XX

8 0
3 years ago
On December 31, the company purchases equipment for $10,000 and pays for the purchase in cash. Complete the necessary journal en
Vladimir [108]

Answer:

Date            General           Debit      Credit

                                                 $             $

Dec 31        Equipment        10000  

                   Cash                                 10000

Following are detail of the posting of equipment purchased

1) The $10,000 will be posted to the debit side of the Equipment Account.

2) The $10,000 will be posted to the credit side of the Cash Account

7 0
3 years ago
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