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2 years ago

Collect 5 source documents and write a short essay on the importance of the 5 source documents you have attached

Business

1 answer:

7nadin3 [17]2 years ago

8 0

Answer:

Explanation:

Deposit slip: This is used in depositing money into a particular bank account.

Invoices: An invoice shows that a sale has taken place.

Cheque: It is used in ordering the back to pay someone the amount of money that's written on it.

Purchase orders: It is a document that's issued by the buyer and it shows the type of good bought, quantity bought, prices at which they were bought.

Sales receipt,: It shows that a customer has made payment as it is an evidence of payment

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Amy is a current shareholder of DJ Industries. She has been given the right to purchase an additional 25 shares of DJ Industries

jasenka [17]

Answer:

stock warrant

Explanation:

Amy was given a stock warrant which gives her the right to purchase a specific number of stocks (25 stocks) at a specific price ($32) during a specific time period (12 months). Stock warrants are issued directly by the corporation to the stockholders. Stock warrants are also tradable, so Amy can choose to sell them to another investor.

7 0

3 years ago

The balance in the prepaid insurance account before adjustment at the end of the year is $27,000. Journalize the adjusting entry

Radda [10]

Answer:

(A) Debit Insurance expense $20,250

Credit Prepaid insurance $20,250

Being entries to recognize insurance amortization expense for the year.

(B) Debit Insurance expense $20,250

Credit Prepaid insurance $20,250

Being entries to recognize insurance amortization expense for the year.

Explanation:

Prepaid insurance account before adjustment = $27,000

(A) the amount of insurance expired during the year is $20,250

To account for the expired amount,

Debit Insurance expense $20,250

Credit Prepaid insurance $20,250

Being entries to recognize insurance amortization expense for the year.

(B) the amount of unexpired insurance applicable to future periods is $6,750

Amount expired = $27,000 - $6,750

= $20,250

To account for the expired amount such that the amount of unexpired insurance applicable to future periods is $6,750,

Debit Insurance expense $20,250

Credit Prepaid insurance $20,250

Being entries to recognize insurance amortization expense for the year.

4 0

3 years ago

2-3 personal experience of exploitation as a consumer

Scilla [17]

Answer:

<u>Explanation</u>:

Exploitation often involves a denial of an individual's right (in this case a consumer's right).

Consumers are often exploited in this three areas:

Poor quality standard: For example, one may purchase an electronic device, which in most cases the quality level is determined only after using the product and then discover that the product has failed to meet expectations like performance failure.

High Prices: This is often happens when a consumer isn't aware of the average price of a particular product and may be the taken advantage of by the seller.

False or Incomplete product description: Online shopping often presents this type of exploitation. For example, an individual may buy a wrist watch he thinks is made of silver, but receives the item an discover it is actually made of rubber material.

3 0

3 years ago

An investment project has annual cash inflows of $3,900, $4,800, $6,000, and $5,200, for the next four years, respectively. The

Volgvan

Answer:

1.88 years

Explanation:

Payback period is the time in which a project returns back the initial investment. Initial Investment is recovered within the first two annual Cash inflows.

Payback Period = 1+0.88 = 1.88 years

All the working are made in the MS Excel File attached with this answer, pleas find it.

Download xlsx

7 0

3 years ago

Read 2 more answers

Why is efficiency an important economic goal?

Nookie1986 [14]

Explanation:

Efficiency reduces hunger and malnutrition because goods are transported farther and quicker. Also, advances in efficiency allow greater productivity in a shorter amount of time. Efficiency is an important attribute because all inputs are scarce.

3 0

2 years ago