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snow_tiger [21]
3 years ago
13

Three primary ledgers used in double-entry bookkeeping?

Business
1 answer:
Galina-37 [17]3 years ago
7 0

Answer:

General ledger

The chart of accounts

Journals

Explanation:

The general ledger contains all the transactions carried out and registered by the company.

The chart of accounts is lists and codes all the accounts that are used by the by the company, e.g. cash might be account 101.

The journal entries are the individual entries recorded in the general ledger or any other specific ledger.

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Major investments in either tangible long-term assets such as land, or intangible assets such as patents are considered to be __
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Answer: Capital Expenditure

Explanation:

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2 years ago
In recent decades, many successful presidential candidates were former governors.
valina [46]
A True Ted Cruz said so.
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4 years ago
Assume that Zambia has a domestic investment of $1500 billion, private domestic savings of $3000 billion, and a government defic
nexus9112 [7]

Answer:

$1,500

Explanation:

Domestic investment = $1500 billion

Private domestic savings = $3000 billion

Government deficit = $2000 billion

Rise in government spending = $1000 billion

Now,

Trade deficit =

Domestic investment - Private domestic saving - Government savings

also,

Total Government deficits = $2,000 + $1000

= $3,000

and,

Government savings = - Government deficits

= - $3,000

Now we know government deficit is 3000 billion and if spending increases further 1000 billion, the government deficit will be 4000 billion

thus,

Trade deficit = $1,500 - $3,000 - (- $3,000)

or

= $1,500

4 0
3 years ago
Orlando’s business wants to enact an affirrimative action plan which of the following would not be a part of the process
m_a_m_a [10]

Answer:

C). Firing majority workers who perform the least well.

Explanation:

An Affirmative action plan is characterized as the management tool that details of present and future course of action/procedure in order to ensure the rights of every individual on the basis of their caliber, ability, and merit irrespective of their race, gender, class, religion, disability, etc. It primarily aims to offer a fair entry to employment opportunities for all and develop a work community that reflects the demographics of a proficient and qualified workforce. Thus, 'firing majority workers who perform least well' would not be a part of this process as it offers fair access to opportunities on the basis of ability. Therefore, <u>option C</u> is the correct answer.

3 0
3 years ago
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Madison Company's perpetual inventory records indicate that $530,470 of merchandise should be on hand on October 31. The physica
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Answer:

$24,530

Explanation:

Journal

Oct 31

Dr Cost of Merchandise sold $24,530

Cr Merchandise Inventory $24,530

$530,470-$505,940 =$24,530

The difference between MERCHANDISE That should be on hand and physical inventory indicating MERCHANDISE that is actually on hand.

3 0
4 years ago
Read 2 more answers
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