Ask question

Ask question

All categories

3 years ago

10

A business's source documents:_____.A. Must be in electronic form. B. Include the ledger. C. Provide objective evidence that a t

ransaction has taken place. D. Are records of all increases and decreases in specific asset. E. Include the chart of accounts.

1 answer:

harina [27]3 years ago

8 0

C. Provide objective evidence that a transaction has taken place.

You might be interested in

What do you think Anielski means by the phrase

Veronika [31]

Answer: yes I agree the him

Explanation:

4 0

2 years ago

suppose you want to change your school and join another one which is very expensive.make a list of the possible risks while join

enyata [817]

Answer:

getting bullied being lonely no friends not fitting in

Explanation:

6 0

2 years ago

Jen bought 100 shares of ABC stock at $15 a share on July 14, 2017. On August 7, 2018, she noticed that the stock had increased

Lubov Fominskaja [6]

Answer:

The revenue from the sale treated as a long term capital gain on her 2018 income tax return

Explanation:

capital gain = (100*20) - (100*15)

= $500

tax rate on long term capital gain for 22% = 15%

tax on capital gain = $500*15%

= $75

Therefore, The revenue from the sale treated as a long term capital gain on her 2018 income tax return

6 0

3 years ago

Bill has been adding funds to his investment account each year for the past 3 years. He started with an initial investment of $1

Nookie1986 [14]

Answer:

2.96% will be effective rate of the investment

Explanation:

First year:

1,000 x 1 + 10%) = 1,100

<em><u>Second year: </u></em>

1,100 + 3,000 = 4,100 invesmtent balance

4,100 x (1 - 5%) = 3,895

<em><u>Third year:</u></em>

3,895 + 2,000 = 5,895

5,895 x (1 + 2%) = 6012.9

<em><u>Fourth year:</u></em>

6012.9 + 500 = 6512.9

6,512.9 x (1+ 8%) = 7033.932

We calcualte rate that is equivalent with the following cash flow:

$1,000 (1+r)^4 + 3,000 (1+r)^3 + 2,000(1+r)^2 + 500(1+r) = 7,033.93$

We solve using excel goal seek

0.029646151

6 0

3 years ago

Definition of a mission statement in businesses?

Juli2301 [7.4K]

This is my own definition- I'm not sure if there are options.

But a mission statement is when a business has a goal to where there business is going and what they want to acheive with said goal.

If you have options for the answer, I'd be happy to help in that way too!

5 0

3 years ago