Answer:
Explanation:
A successful entrepreneur’s profile is characterized of the following:
1) Self-control: this is the belief that you can do a certain job better than others in the most accountable and responsible manner.
2) Self-confidence: it refers to the never-ending spirit of urgency to develop ideas
3) Realism: it refers to the acceptance of the things as they occur and dealing with them cautiously.
4) Conceptual capability: it refers to an entrepreneur’s ability to recognize relationships swiftly even in the midst of difficult situations.
5) Comprehensive awareness: it refers to the ability to understand complicated situations through planning, strategic decision making, and pursuing multiple business ideas concurrently.
Answer:
Mandy Capital Debit: 100,000
Brittney Capital Credit: 100,000
Explanation:
The journal entry will be recorded as above. Mandy sold equity worth $100,000, so we will record the entry on transfer of equity by the equity value sold. Now, for this equity value both partners can decide the amount in which one will sell to other, which in this scenario is $85,000.
Answer:
C. the money supply to fall.
Explanation:
According to my research on economics, I can say that based on the information provided within the question an increase in currency holdings will cause the money supply to fall. This is because if people begin to hold this causes the cash flow to decrease and money supply decreases because of the low cash flow.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
<h3>
Answer:</h3>
D. Allowance for Doubtful Accounts is shown as a deduction from Accounts Receivable on the balance sheet.
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Explanation:</h3>
- Balance sheet is a statement of account that shows the number of assets, liabilities, capital and net profit or loss in an organisation.
- Receivables refers to the amount that the seller ios owed by the customers or buyers.
- Therefore, receivables are current assets in a business and are listed on the left side of the balance sheet.
- Allowance for doubtful accounts is listed as a deduction below the accounts receivable as it is a reduction of the total amounts on accounts receivable.
Answer:
The correct answer to the following question will be Option 3 (General ledger).
Explanation:
- General Ledger is the full accounting of all the financial activities of the company across its lifespan. It contains all the documents which are preparing the reports of finance, including income, assets, investments, income, and expenditures.
- It's an official paper that offers a comprehensive overview of the business transactions of the company.
- An invoice, or general ledger key, is a number that is used to document business transactions in the ledger.
Therefore, Option 3 is the right answer.
