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
fredd [130]
2 years ago
10

Capital budgeting is the process of planning and controlling investments in assets that are expected to produce cash flows for o

ne year or less. This statement is:
Business
1 answer:
zhannawk [14.2K]2 years ago
3 0

Answer:

True

Explanation:

It is True that Capital budgeting is the process of planning and controlling investments in assets that are expected to produce cash flows for one year or less.

You might be interested in
The petty cash fund had an initial imprest balance of $ 220. It currently has $ 18 in​ cash, $ 3 in miscellaneous petty cash​ ti
Svetradugi [14.3K]

Answer:

The debit to Cash Short​ & Over would be​:    $ 8

Explanation:          

                           Particulars              Debit              Credit                                                    

                         Cash                         $ 18

                        Miscellaneous           $ 3

                       Additional Tickets      $ 191

                     Cash Over and Short     $ 8

                                    Petty Cash Fund                    $ 220

Sometimes a petty cashier fails to get a receipt for a payment or over pays for the amount due. When this occurs and the fund is later reimbursed the petty cash payments report plus  the cash remaining will not total to the fund balance . This mistake causes the fund to be short. This shortage is recorded as an expense in the reimbursing entry with a debit to Cash Short​ & Over .

4 0
3 years ago
If merchandise sold on account is returned to the seller, the seller may inform the customer of the details by issuing a
SIZIF [17.4K]

The seller may inform the customer of the details by issuing a credit memo .

A credit note or credit memo is a commercial document issued by a seller to a buyer. A credit memo serves as the source document for the sales return journal. In other words, the credit is evidence of a decline in sales. A credit is a short form of term credit and is evidence of a reduction in the amount owed by the buyer to the seller on a previous invoice.

A document from the bank to the depositor may also indicate that the depositor's account balance is in a non-deposit event such as B. Collection of the depositor's exchange bill by the bank.

A credit memo lists the products, quantities, and agreed prices for products or services offered by the Seller to the Buyer but not returned or received by the Buyer. May be issued for damaged goods, errors, and repairs.

Learn more about Credit memos here: brainly.com/question/14279491

#SPJ4

4 0
2 years ago
Real GDP per capita is NOT an adequate measure of
mrs_skeptik [129]

Answer:

The correct answer is the well-being of each person in an economy.

Explanation:

Also known as the "Standard of living", this is something that cannot be reflected from the per capital income, whether it's nominal or real. The reason is when you divide the GDP from the population, the assumption is all the GDP is distributed among the population equally.

But this is not the case in the real world and there are many variances, discrimination, discrepancies and inequalities when the wealth and resources are distributed.

5 0
3 years ago
You are the executive director of a nonprofit that runs an animal shelter and animal services, such as low-cost spay/neuter prog
EleoNora [17]

Answer:

Hold meeting with employees, volunteers and representatives of other local shelters and listen carefully as they brainstorm ideas.

Explanation:

A leader can be defined as an individual who motivates and inspires a group of people towards achieving a common goal. A good leader must possess the following characteristics:

1) A leader must be a good communicator, he/she must be able to deliver information to the group in an orderly manner.

2) A good leader must be able to inspires others.

3) A leader must lead with honesty.

4) A leader must be able to make good decisions.

5) A good leader should be able to account for his/her various activities.

8 0
3 years ago
In 2020, Neighbor Co-Op Inc. sells 1,000 beverages in glass bottles and receives a $1.00 deposit for each returnable bottle sold
strojnjashka [21]

Answer:

a.

Date                      Account Title                                    Debit                Credit

Dec, 31. 2020       Cash                                              $1,000

                             Customer Deposits                                                  $1,000

b.

Date                      Account Title                                    Debit                Credit

Dec, 31. 2020       Customer deposits                          $800

                             Cash                                                                         $800

c.

Date                      Account Title                                    Debit                Credit

Dec, 31. 2020       Customer deposits                          $120

                             Breakage Revenue                                                   $120

                            Cost of goods sold(0.8 * 120)         $  96

                            Inventory                                                                   $  96

7 0
2 years ago
Other questions:
  • Bluebird mfg. has received a special one-time order for 15,000 bird feeders at $2.50 per unit. bluebird currently produces and s
    6·1 answer
  • If there is a surplus of loanable funds, then Group of answer choices the quantity of loanable funds demanded is greater than th
    9·2 answers
  • Reinforcement ,contact ,honesty and fair expection are
    15·2 answers
  • The accumulated net income earned since the inception of the corporation and not yet paid to shareholders is referred to as_____
    5·1 answer
  • Shao Airlines is considering two alternative planes. Plane A has an expected life of 5 years, will cost $100 million and will pr
    9·1 answer
  • The primary reason many people become entrepreneurs is to:
    5·1 answer
  • Naomi and Matt received the following amounts from a tenant who is renting their condominium during the current year (rent is $1
    8·1 answer
  • At Flo Valley Manufacturing, workers are encouraged to find their own solutions to problems, and to implement their solutions wh
    6·1 answer
  • Ned Douglas owns Ned’s Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling th
    6·1 answer
  • A fire and emergency services organization's records management system may be used to?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!