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Archy [21]
3 years ago
14

Drag each tile to the correct box.

Business
1 answer:
ladessa [460]3 years ago
5 0

Answer:

Match the invoice with the PO.

Record the transaction in the system.

Post the transaction to a ledger

Generate unadjusted Trial balance

Prepare adjusted Trial Balance.

Issue Financial statements

Closing entries

Post closing Trial balance.

Explanation:

The accounting procedure is followed to record any transaction of the business. The transaction are recorded in the system and then these transactions are posted into ledger which forms the trial balance and then financial statements are prepared.

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The combination of product lines offered by a manufacturer is called the firm's:
aliina [53]

Answer:

product mix

Explanation:

The combination of product lines offered by a manufacturer is called the firm's: product mix.

7 0
1 year ago
If demand increased by 100 units at each price level, and the government set a price ceiling of $40, then there will be
mel-nik [20]

Answer:

no surplus or shortage

Explanation:

Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied

If demamd increases by 100, new equilibrium is 40

Thus, ceiling price equal equilibrium

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Effects of a binding price ceiling

It leads to shortages

it leads to the development of black markets

it prevents producers from raising price beyond a certain price

It lowers the price consumers pay for a product. This increases consumer surplus

4 0
2 years ago
In most transactions, the buyer is accepting the condition of the property at what point in time:_________
Dmitriy789 [7]

Answer:

b. At the signing of the contract

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent and it is at this point they (buyer and seller) sign the contract. Therefore, mutual assent connotes agreement, acceptance and consent to a contract by both parties.

<em>Hence, in most transactions, the buyer is accepting the condition of the property at the signing of the contract as an approval or consent to the terms and conditions. </em>

7 0
3 years ago
In each diary kept by the owner/engineer's or contractor's personnel, entries should be made: A. to document every working day,
Sav [38]

According to the construction management principle, in each diary kept by the owner/engineer's or contractor's personnel, entries should be made "<u>to document every working day, whether any work is performed or not, or even if you did not go to the project site that day."</u>

<h3>Purpose of Site Diary in Construction Management</h3>

A Site Diary in Construction management is a record book written to document the daily activity of the construction site.

A well-written site dairy is expected to show all the delivered or missing services and materials during the construction projects.

Hence, in this case, it is concluded that the correct answer is option A.

Learn more about Site Diary here: brainly.com/question/1171958

4 0
2 years ago
A work arrangement whereby employees are able to remain at home and perform their work using computers that connect them with th
Anarel [89]

Answer:

Telecommuting

Explanation:

Telecommuting is when employees work outside of their organization. In this type of work arrangement, employees work remotely and are connected to their organization platform through technology applications such as zoom, slack etc.

Although, workers may visit their workplace occasionally for meetings that requires physical presence , their main duties are carried out away from their workplace.

8 0
3 years ago
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