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3 years ago

(I will MARK AS BRAINLIEST)

Business

1 answer:

tangare [24]3 years ago

3 0

Answer:

See the explanation below.

Explanation:

a. What is journal?

A journal refers to a book of original entries that contains a chronological record of commercial transactions in line with the double entry principle.

As a result, a journal can be described as a book that keeps track of business transactions on a daily basis.

b. Mention objectives of a journal

The objectives of a journal are as follows:

To present necessary information in a logical and orderly manner.
To keep a systematic record of all financial transactions.
Assist in the preparation of ledgers.
To keep track of transactions in a data-driven (chronological) manner.
To offer legal proof of commercial transactions.

c. Journal Specimen

Note: See the attached photo for a journal specimen

A journal specimen simply refers to an example of how a journal look like. The attached photo provides a set of transactions (question) at the top and journal specimen (answers or entries for recording the transactions below the question.

From the attached photo, it can be observed that a journal must contain the following columns:

Date: This indicates the date that a transaction occurred.
Particulars: This gives records of the accounts to be debited and the account be credited
Ledger folio (LF): This records the ledger account's page number where the posting has been made.
Debit: This shows amount that is debited.
Credit: This shows amount that credited.

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_______are independent businesses that do not own the products they sell. They act as intermediaries to brinna

ratelena [41]

Answer:

Agents and brokers

Explanation:

Agents and brokers connect buyers and sellers. They are contracted by either sellers or buyers to help them increase sales or find items to buy. Agents and brokers act on behalf of their clients.

Wholesalers and retailers take ownership of the goods they sell. They first buy the goods, which gives them title to the goods before selling to retailers or consumers. Agent and brokers do not buy goods. They look for buyers or sellers for their clients' merchandise.

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3 years ago

Trumbrella Corp. is a pharmaceutical company. One of its employees reports that he has suffered an on-the-job injury caused by t

ZanzabumX [31]

In pharmaceutical organization, one of its employees, claims that he was injured on the job due to the slick factory floor, and his backbone damage. When Trumbrella begins processing claims, it must first determine whether the accident occurred.

<h3>What is pharmaceutical organization?</h3>

The pharmaceutical industry develops, manufactures, and distributes pharmaceuticals drugs for use as medications to be provided to patients in order to vaccinate, cure, or relieve symptoms.

Pharmaceutical companies may sell generic and brand-name drugs, as well as medical gadgets.

Pharmaceutical company Trumbrella Corporation. One of its employees alleges he was wounded on the job and suffered backbone injury as a result of the slick factory floor.

Therefore, trumbrella must first determine whether an accident occurred before it can begin processing claims.

Therefore, option A is correct.

Learn more about pharmaceutical company, refer to:

brainly.com/question/24188758

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3 years ago

An electronic exchange is an electronic forum where manufacturers, suppliers, and competitors buy and sell goods, trade market i

Natalija [7]

Answer:

False

Explanation:

Buyers and Sellers do not physically see each other

7 0

3 years ago

A corporation reports the following year-end balance sheet data. The company's debt-to-equity ratio equals:Cash $ 41,000 Current

Rudiy27

Answer:

0.54

Explanation:

Debt-to-equity ratio = Total Debt ÷ Total Equity

= $107,000 ÷ $197,000

= 0.54

The company's debt-to-equity ratio equals 0.54

4 0

3 years ago

Use the following information to answer the question: Stock’s Expected State of Probability of Return if this the Economy State

shutvik [7]

Answer:

The answer is 0.0707

Explanation:

Solution

Given that:

Probability Return Probability(return-expected return)^2

0.25 25 0.25(25-15)^2=25

0.5 15 0.5(15-15)^2=0

0.25 5 0.25(5-15)^2=25

Total = 25 +0 + 25

= 50

Thus

The next step is to find the standard deviation which is given below:

Standard deviation=[total probability (return-expected return)^2/total probability]^(1/2)

=(50)^(1/2)

=0.0707

Hence the standard deviation is 0.0707.

Note: The expected return is =15%

7 0

3 years ago