1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arada [10]
2 years ago
11

Journalize transactions and follow through accounting cycle to preparation of financial statements.

Business
1 answer:
MrRa [10]2 years ago
8 0

Answer:

Salaries expense DR. $1220

Cash Cr. $1220

Cash Dr. $1860

Account receivable Cr. $1860

Cash Dr. $3810

Account receivable Cr. $3810

Purchases Dr. $3900

Cash Cr. $3900

Explanation:

Accounts payable Dr. 2600

Cash Cr. $2600

Rent expense Dr. $450

Cash Cr. $450

Account receivable Dr. $980

Services Cr. 980

You might be interested in
Besides their own team accounts, sales managers at Universal Containers need to have READ access to all accounts of the same seg
IgorC [24]

<u>Available Options Are:</u>

A. Create an owner-based sharing rule to grant access to account records that have the same segment to all sales manager roles.

B. Change the role hierarchy and put all of the sales managers in the US and Canada in the same role.

C. Create criteria-based sharing rules to grant access to account records that have the same segment to all sales manager roles.

D. Create a public group and include all accounts of the same segment and grant access through a permission set.

Answer:

Option A. Create an owner-based sharing rule to grant access to account records that have the same segment to all sales manager roles

Explanation:

This owner based sharing will allow the sales manager to access information but he will not be able to alter information which gives a right to access information only. This sharing of information will resolve the sales manager concern and will also him and other sales manager to use this information to make informed decisions. Hence Option A is correct.

Putting in the same role would manipulate the data because the data entered by each sales manager will not be distinguished easily and thus the system will not produce meaningful results. Hence Option B is also incorrect.

Option C is also incorrect because allowing access on meeting certain criteria would result in restriction of data. Thus it is not the solution.

Option D allowing access to all the data would not be necessary as some of the data might require protection and also that it might be meaningless to have private accounts. Thus the option D is incorrect.

5 0
3 years ago
What is a bank savings account?
solmaris [256]
 A bank savings account is one simplest type of bank account. It allows you to keep your money safely while earning through interest per month. Money in a savings account is useful for emergencies since they are insured. You also get a card which enables you to withdraw or deposit money into your account. Parent's usually take this type of account for their children for future purposes.
6 0
3 years ago
A consumer products company produces inexpensive goods in underdeveloped markets, then repackages them as cost-effective innovat
Ksenya-84 [330]

Answer:

B) False

Explanation:

Glocalization is a term that combines both globalization and localization. It was first used during the 1980s in Japan to define a way of thinking and developing business strategies: think locally and act globally.

Back in the 1980s Japan's economy was booming, it was the second largest economy in the world and Japanese car manufacturers and technological firms were wiping out the competition. This term refers to the western interpretation of Japanese business strategies of that decade, of selling similar but differentiated products everywhere.

E.g. American car manufacturers used to complain that Japanese consumers wouldn't buy their cars in Japan, but they simply had the steering wheel on the wrong side and Japanese consumers were not willing to even try them for that reason.

Luckily, things have changed and American companies also realized that their reality is not necessarily the reality of the rest of the world, and you must adapt your products to different markets.  

5 0
2 years ago
Organ Rentals Corporation has been having numerous problems. Communication across departments is poor and decisions are backing
enot [183]
The answer is Functional.
8 0
2 years ago
Jones Corp. reported current assets of $196,000 and current liabilities of $138,500 on its most recent balance sheet. The curren
myrzilka [38]

Answer:

0.74

Explanation:

Jones corporation reported a current assets of $196,000

The current liabilities is $138,500

The current assets consists of $61,000 cash , account receivable= $42,100, inventory= $92,900

Therefore the quick ratio can be calculated as follows

= cash + account receivables

= $61,000 + $42,100

= $103,100

$103,100/$138,500

= 0.74

Hence the acid test(quick ) ratio is 0.74

4 0
3 years ago
Other questions:
  • On October 10, a company paid $36,000 to a supplier. Of that amount, $6,000 was for supplies received on October 10 and $30,000
    11·1 answer
  • Modern Refurbishing Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a
    7·1 answer
  • From the following list, identify those that are likely to serve as source documents. (You may select more than one answer)
    7·1 answer
  • The federal government does not require employees to contribute to worker's compensation insurance.
    11·2 answers
  • Ruben, the owner of Fitstem, a popular gym, analyzes the competition that the gym faces and understands the changing needs of it
    5·1 answer
  • Which example best demonstrates the capabilities of e-mail?
    15·2 answers
  • Joshua, Rachel, and Daniel formed an LLC to manage their accounting business. Joshua contributed $20,000 to the LLC. Rachel and
    6·1 answer
  • Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same
    10·1 answer
  • Determine the monthly payment, total interest,
    14·1 answer
  • Calculate the present value of the after tax net returns to land in the 7th year if thereal pre-tax net returns to land today ar
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!