The question is incomplete. The complete question is as follows,
At December 31, 2011 the accounting records of Gordon, Inc. contain the following items:
Accounts Payable 2500
Land 30000
Building 31250
Notes Payable ?
Retained earnings 125000
Accounts Receivable 18750
Cash ?
Equipment 40000
Capital Stock 12500
If the Notes Payable is $10,000, the December 31, 2011 cash balance is:
Answer:
Cash = $30000
Explanation:
The accounting equation states that the sum of total assets is always equal to the sum of total liabilities plus total equity. We can state the equation as follows,
Total Assets = Total Liabilities + Total Equity
So,
(30000 + 31250 + 18750 + 40000 + Cash) = (2500 + 10000) + (125000 + 12500)
120000 + Cash = 12500 + 137500
Cash = 150000 - 120000
Cash = $30000
Answer:
Just-in-time (JIT) inventory systems started in Japan in the 1970s and spread to the U.S. about a decade later. JIT is an inventory-management system that aims to help businesses have just enough inventory readily available to meet current demand while avoiding excess. There are many pros and cons for a small business to consider before adopting a JIT system.
Answer:
The correct answer is letter "C": usually have chief officers, human resource managers, and board member committees involved with the ethics and compliance program.
Explanation:
The integrity-based approach is the practice in which top executives of a company including members of the <em>Board of Directors</em> (BoD) hold the responsibility of the firm's ethical culture and spread it to their employees. This is done to promote good practices among workers and to spot where might be possible ethical issues appearing in the company.
<span>Before starting walking from the current location "start walk" button should be tapped as 'on my way button' was clicked when you leave your current location to go to the walk.</span>
C. can be difficult to maintain, even when cooperation would make both players of the game better off.
The Prisoner's Dilemma is a paradox that attempts to explain why two rational decision makers working in their own best interest might not cooperate with someone else even if it ultimately would be better for both of them.
