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tigry1 [53]
3 years ago
11

A subsidiary ledger:

Business
1 answer:
ch4aika [34]3 years ago
3 0

Answer:

A subsidiary ledger: is a listing of individual accounts and amounts with a common characteristic.

Explanation:

A subsidiary ledger is a listing of individual accounts with similar characteristics, whose combined balances make up a specific general ledger. The general ledger that captures the summary of the subsidiary ledger is called the master account or control account.

For example, an account receivable subsidiary ledger would comprise the listing of customers with credit purchases; the combined balances would amount to the balance in the accounts receivable ledger.

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After identifying the purpose of your message, you should select the most appropriate communication channel. When determining th
Varvara68 [4.7K]

For an effective communication to take place the selection of the most appropriate channel ( medium for convening information) for the intended audience is very important

Explanation:

The factors that are important in the determination of  the most appropriate channel/Medium for  communication are:

  • Urgency of the message(Importance of the message)
  • Confidentiality of the message and the medium
  • Record(The business communication needs to be recorded)
  • Cost incurred in sending the message
  • Supporting Technology
  • Distance

When determining the most effective channel for the  message,one should initially consider the importance of the message.

6 0
3 years ago
Anyone have tikt ok put u r at in co mments or anw ser and i will follo w u
kondaur [170]

Answer:

sorry I don't have one! T~T

Explanation:

8 0
2 years ago
McKinney Corporation had beginning retained earnings of $2,242,000 and ending retained earnings of $2,499,000. During the year t
miv72 [106K]

Answer:

Net income for the year = $257,000

Explanation:

Retained earnings for the year= Net income - dividends paid.

Since no dividends were paid, retained earnings for the year = net income for the year. At the end of each accounting period, retained earnings are reported on the balance sheet, and the retained profits for the year are added to the beginning balance of retained earnings, to give a cumulative ending balance of  $2,499,000.

therefore retained earnings for the year = ending retained earnings balance  - beginning retained earnings balance = $2,499,000.-$2,242,000= $257,000.

Net income for the year is  thus =  $257,000 since no dividends were paid.

6 0
3 years ago
The City of Ruth has been awarded a $1,000,000 federal expenditure-driven grant to improve bike trails. The federal government a
lidiya [134]

Answer:

correct option is a) $182,000

Explanation:

given data

federal expenditure = $1,000,000

advanced the city =  $600,000

city incurred qualifying expenditures = $418,000

solution

we get here Ruth recognize as unearned revenue for its fiscal year ending that is express as

Amount to be recognized unearned revenue = advanced the city  - city incurred qualifying expenditures   .......................1

put here value

Amount to be recognized unearned revenue = $600,000-$418,000

Amount to be recognized unearned revenue = $182,000

so correct option is a) $182,000

5 0
3 years ago
David needed money for some unexpected expenses, so he borrowed $3,695.17 from a friend and agreed to repay the loan in five equ
Nataly_w [17]

Answer:

11% is the implied interest.

Explanation:

3 0
3 years ago
Read 2 more answers
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