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poizon [28]
3 years ago
11

Name two books of prime entry that are also books of double entry? ​

Business
1 answer:
aev [14]3 years ago
3 0
A book or record in which certain types of transaction are recorded before becoming part of the double-entry book-keeping system. The most common books of prime entry are the day book, the cash book, and the journal
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________ is a contractual stipulation to ensure that e-business participants do not deny (repudiate) their online actions.
julia-pushkina [17]

Answer:

Non- repudiation

Explanation:

Non- repudiation is the term which is defined as the assurance of something or validity of something which someone will not deny.

It is a concept which is legal and it is used widely in the information security. It is referred to the service, and provides or offer the integrity as well as the proof of the origin of the data.

Therefore, non- repudiation is the contractual stipulation which ensures that the participants of the e -  business will not deny their online actions.

4 0
3 years ago
If a fixed asset with a book value of $10,000 is traded for a similar fixed asset, a trade-in allowance of $15,000 is granted by
mr_godi [17]

Answer:

FALSE

The statment is false, the gain is 15,000

Explanation:

When there is commercial substance the exchange of long-term assets will recognize a gain or a loss on exchange.

When there isn't the diference will be adjusted using the value of the new asset.

In this case <u>we have commercial substance,</u> so the buyer will report a gain on exchange for 15,000 which is the allowance made by the seller.

The value has 15,000 trade-in allowance. Which means it value is for 25,000

So the diference between the current fixed asset and the new one is 15,000

25,000 - 10,000 = 15,000

The statment is false, the gain is 15,000

4 0
3 years ago
When a U.S. oil company purchases oil from Saudi Arabia and the Saudi Arabian firm uses the proceeds from the sale to buy transp
aliya0001 [1]

Answer:

C. are unchanged; is unchanged

Explanation:

When the US purchases oil from Saudi Arabia its imports increases and hence Net export falls. However, when Saudi Arabia purchases transportation service US export rises by the equivalent amount. Hence the Net exports are unchanged.

Since there are no capital flow, it is also unchanged.

7 0
3 years ago
Alguien para hablar estoy sola
solong [7]

Answer:

ummm hola! ¿Cómo va tu día y cómo estuvo tu descanso?

Explanation:

brainliest?

5 0
3 years ago
Oliver Industries is evaluating the manufacturing process for one of their products. Oliver has determined that the process has
Ne4ueva [31]

Answer:

D) has sunk costs of $6,000

Explanation:

Sunk cost is a cost which does not effect the financial decision, as this cost has already been incurred, and now it cannot be revoked.

Here maintenance cost is a regular expense which has to be incurred, and its not the cost which has already been incurred, same applies for operating cost.

Two years ago firm had spent $6,000 upgrading the equipment which was incurred earlier and now that cost cannot be revoked, further it will not lay any impact on any of the decisions made by the financial management.

Further amount to be spend of $5,000 has yet to be incurred and the decision to incur such cost can also be avoided, therefore it is not a sunk cost.

In this scenario D) has sunk sunk cost of $6,000

8 0
3 years ago
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