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dlinn [17]
3 years ago
6

What is journal entry for purchase goods from ram on cash rs 4000​

Business
1 answer:
valentinak56 [21]3 years ago
6 0

Answer:

Purchased a/c ........Dr. rs.4000

To, cash a/c rs.4000

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Proprietary funds recognize _________.a. Expenses when the fund incurs a liability for goods or services. b. Expenditures when t
xenn [34]

Answer:

The answer is Expenses when the fund uses goods or services.

Explanation:

A proprietary fund is used in governmental accounting to account for activities that involve business-like interactions, either within the government or outside of it.

The required financial statements for a proprietary fund are as follows:

Statement of net position,

Statement of revenues, expenses, and changes in fund net position

5 0
3 years ago
Which of the following statements regarding financial statement analysis is incorrect? A. The profit margin can be viewed as a m
irina1246 [14]

Answer: The current ratio measures a company’s effectiveness in using fixed assets to support sales.

Explanation:

The statement regarding a financial statement analysis that is incorrect is option E "the current ratio measures a company’s effectiveness in using fixed assets to support sales".

The current ratio is used by a company to know if there are enough resources that are available in order to meet the short term obligations of the company.

This is done through the comparison of the current assets of the company to the current liabilities of the company.

3 0
3 years ago
Although not required by regulation, which of the following actions does FDA guidance recommend for clinical use of a HUD outsid
SSSSS [86.1K]

Answer:

B

Explanation:

Obtain informed consent from the patient and ensure that reasonable patient protection measures are followed.

3 0
3 years ago
Preferred stock is often considered a more conservative (less aggressive) investment than common stock because: a. its holders h
Aneli [31]

Answer:

b. it is less volatile and more like a bond

Explanation:

Preferred stocks pay a fixed dividend and has the potential to appreciate in price.

Preferred share holders have no voting right but they are paid first before common shareholders.

I hope my answer helps you

6 0
3 years ago
Martin and Carl own properties that are adjacent to one another, and Carl’s property abuts a public pond and grazing area for an
Eddi Din [679]

Answer:

appurtenant

Explanation:

This is like the right over someone's land for a specific reason or purpose.

It is legal and it is an easement where the right of use is attached to the land itself. The property that benefits from the easement is known as the dominant estate (which is Martin), while the property that is burdened by the easement is known as the servient estate (which is Carl) because it serves the dominant estate.

3 0
3 years ago
Read 2 more answers
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