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kakasveta [241]
3 years ago
13

Which list of accounts below, identifies only accounts that would appear on a balance sheet. Multiple choice question. Supplies

Expense, Supplies, Dividends Rental Revenue, Accounts Payable, Accounts Receivable Common Stock, Equipment, Accounts Payable Wages Expense, Cash, Supplies g
Business
1 answer:
Crank3 years ago
8 0

Answer:

See below:

Explanation:

supplies, dividends, accounts payable, accounts receivable, common stock, equipment, accounts payable, cash

the last one is “supplies g” ? I don’t know what this is supposed to be. Supplies was already listed and is on the balance sheet. Supplies expense was also already listed and is not on a balance sheet.

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Munchkin is a popular baby clothing brand. The founder of the company, Isabel, conducts a brainstorming session with her employe
Elena L [17]

Answer:

B) upward communication

Explanation:

Upward Communication -

It refers to the flow of information from the lower level to the higher level in the company, is referred to as upward communication.

The method helps to pull out thought and innovative technique from all the employees working in the company , and is used for the betterment of the company.

It helps to have a healthy conversation and decision making process, which helps the company to grow.

Hence, from the question,

The company Munchkin takes idea from all the employees and tries to implement it into the company, thereby showcasing the method of upward communication.

3 0
4 years ago
QUESTION 16
seraphim [82]

E. CHARGES A HIGHER PRICE FOR ITS PRODUCT

Because of less substitution available and barriers to entry.

3 0
4 years ago
Attempting to calculate the value of an economy by adding up the value of every good and service produced would lead to:
lana [24]

Calculating the the value of an economy by adding up the value of every good and service produced would lead to overcounting as the value of intermediate goods would be counted twice.

<h3>What is gross domestic product?</h3>

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Intermediate goods are goods that are used in the production of goods and services. For example, flour that is used in the production of bread is an example of intermediate goods. It is not included in the calculation of gross domestic product.

To learn more about GDP, please check: brainly.com/question/15225458

5 0
2 years ago
A company's inventory balance at 12/31/16 was $191,600 and $204,000 at 12/31/15. its accounts payable balance at 12/31/16 was $8
Ahat [919]
Company
Dec. 31. 2016
Assets
Cash- $191,600

Dec. 31. 2015
Assets
Cash- $204,000

Goods sold for 2016- $724,000

Liabilities
Dec. 31.2016
Accounts Payable- $88,000

Liabilities
Dec. 31. 2015
Accounts payable- $83,600

In order to find the company's total amount of cash payments for 2016, you find the minus the previous assets with the new assets..
Ex. $191,600 - $204,000 = -12,400

Then minus your answer with Goods Sold in 2016
Ex. $724,000 - $12,400 = $711,600

Then, minus the pervious amount of Accounts payable with the new Accounts Payable
Ex. $88,000 - $83,600 = $4,400

New payments for 2016-
Ex. Add $88,000 + $83,600 = $171,600

Then, $171,600 - $4,400 = $167,200

Thus, $167,200 equals the company's total amount of cash payments 2016.
3 0
3 years ago
Great Visions Company entered into a contract with ABC Carpet Company on January 15, 2020. The delivery date of March 1 was spec
inn [45]

Answer:

March 31, 2020

Explanation:

The accrual accounting principle states that you must record transactions in the accounting periods in which they occur, and the conservatism principle states that revenues should only be recorded when the earning process has been substantially completed.

In this case, only March 31 fulfills both requirements, since the goods were delivered on that day: same accounting period + earning process completed.

8 0
3 years ago
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