Answer:
The correct word for the blank space is: strategic vision.
Explanation:
The strategic vision of a company outlines the path the organization should follow and the set of steps that are to be taken to reach the firm's objectives in the long term. Compared to the mission, the vision is in charge of answering the question of <em>what the impact of the organization's operations will be for the internal environment of the firm</em>.
The answer is: [A]: "True" .
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Answer:
short-term investment 10,000 debit
cash 10,000 credit
note receivables 5,000 debit
cash 5,000 credit
equipment 18,000 debit
cash 5,000 credit
note payable 13,000 credit
cash 11,000 debit
common stock 1,000 credit
additional CS 10,000 credit
cash 9,000 debit
note payable 9,000 credit
Patents 3,000 credit
cash 3,000 debit
Building 24,000 debit
cash 8,000 credit
note payable 16,000 credit
cash 1,000 debit
equipment 1,000 credit
Explanation:
To record the entries we need to alwasy make debit = credit
we must use account names to represent each concept which are quite easy you don't have to overthink ou write what it is telling you it happen
Whe nthe company use cash use cash account
when it purchase equipment use equiptment
Answer:
$65,000
Explanation:
Computation of the given data are as follows:
Direct material cost = Beginning balance + Purchase - Ending balance
Where, Beginning balance = $37,000
Purchase = $57,000
Ending balance = $29,000
So, by putting the value in the formula, we get
Direct material cost = $37,000 + $57,000 - $29,000
= $65,000
