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
sasho [114]
3 years ago
5

The purpose of the general journal is to show accounting events in their __________ sequence.

Business
1 answer:
Valentin [98]3 years ago
7 0

Answer:

Chronological

Explanation:

For accounting day to day business transactions, there is a proper sequence of accounting cycle i.e.

1. Transactions

2. Journal entries

3. ledger posting

4. Trial balance

5. Worksheet

6. Journal entries i.e. adjusted

7. Financial statements

8. Books closing

So it would be chronological

You might be interested in
Which of the following is a fixed expense for Maria's sandwich food truck?
babymother [125]

Answer:

Salaries for her employees

Explanation

5 0
2 years ago
University Car Wash built a deluxe car wash across the street from campus. The new machines cost $213,000 including installation
djyliett [7]

Answer:

The depreciation schedule for six years is attached below.

Explanation:

8 0
2 years ago
How do the terms business ethics and social responsibility differ from each other
Tems11 [23]
Http://www.differencebetween.net/business/difference-between-business-ethics-and-social-responsibili... might be useful for you. At the bottom part there is a tiny summary!!
7 0
3 years ago
Active trading in markets and competition among securities analysts helps ensure that: I. Security prices approach informational
Anika [276]

Answer:

The answer is: All the options are correct (I, II and III)

Explanation:

The larger the number of individuals (e.g. securities analysts, investors) who are informed about the price system of securities, the prices of securities will approach informational efficiency.

When the system approaches informational efficiency, you can determine which securities are riskier than others. Therefore you can price riskier securities so that they offer higher expected returns.

The other positive effect of informational efficacy is that investors can determine which securities are undervalued or overvalued.

8 0
3 years ago
Maple Farms, Inc. v. City School District of Elmira. Read the summary of the court opinion. Could something like this bankrupt a
tester [92]

The correct answers to these open questions are the following.

Maple Farms, Inc. v. City School District of Elmira.

Could something like this bankrupt a company?

Yes, it can, if the proper forecast were not done taking into consideration all of the possible variables at medium and long-range.

Do you agree with the decision?

It was a tough decision because the court declared in its decision that the performance was not impracticable, as Maple Farm Inc indicated when decided to break the contract.

In strict theory, I agree with the court's decision because the explanation was that an "impractical" occurred when an event happened totally unexpected. And in this case, Mapple Farm Inc could have taken extra provisions knowing that milk had a 10% increase the last year and had the chance of more increases in the present year.

That is how a company can avoid this type of situation. Taking better provisions, contemplating all kinds of variables, knowing that in the future, something unexpected can happen and could be prevented with the proper forecast.

8 0
2 years ago
Other questions:
  • If Gary always requests his superior’s advice when solving a problem or making a decision, which type of decision maker is he?
    14·1 answer
  • The Roget Factory has determined that its budgeted factory overhead budget for the year is $15,500,000. They plan to produce 2,0
    13·1 answer
  • A personal account earmarked as a retirement supplement contains $338,000. Suppose $300,000 is used to establish an annuity that
    10·1 answer
  • Suppose in country A, company B is a giant firm in the domestic smart- phone business with more than 70% market shares. Customer
    14·1 answer
  • During 20X1, Sloan, Inc., began a project to construct new corporate headquarters. Sloan purchased land with an existing buildin
    7·1 answer
  • Suppose that a government that is skeptical of efforts to regulate prices charged by private companies is nevertheless concerned
    7·1 answer
  • Manning Company uses the allowance method. At the end of its first year of operations, the company estimates that it will not co
    11·1 answer
  • Kelsey Construction has purchased a crane that comes with a 5-year warranty. Repair costs are expected to average $5000 per year
    10·1 answer
  • Barton Corporation, which adds materials at the beginning of production, uses a weighted-average process-costing system. Conside
    11·1 answer
  • HELP PLS!!!! What is the organization for social workers?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!