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blondinia [14]
3 years ago
9

During the week, we will explore the differences between cash-basis and accrual-basis accounting, and learn the steps required t

o complete the accounting cycle. With that in mind, let's begin by discussing the following question:
Why do companies make adjusting entries?
Business
1 answer:
Alex Ar [27]3 years ago
7 0

Answer and Explanation:

Adjusting entries is to made for recording all types of expenses and revenues in a correct manner. There are some transactions such as accrued interest or revenue that could be realize at the time when the entries are depend upon the documents and transactions should be recorded. It is to be made in order to prepared the correct financial statements by considering the prepaid expenses that are adjusted, depreciation expense, unearned revenue etc

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Which of the following are reasons why managers often struggle to work closely together to create customer value? a. Managers fo
nydimaria [60]

Answer:

The correct answer is the option F: a, b and c only.

Explanation:

To begin with, in most of the cases where a company receives commodities from other business and also gives finished products to other companies normally tend to focus more in his own stock price just like the other members of the supply chain do. In addition to that, these types of companies also focuses in the short run and in the day to day business due to the fact that do not encourage the fact of creating an alliance with the other members of the chain. And finally, all those factors take part of a whole that also includes the fact of not having time to learn how to implement collavorative business models to improve the perfomance of the business at the long run due to the fact that the managers are to busy working in the day to day operations and focuses on the short run and their own stock prices and not on working with the other managers' companies of the supply chain to establish an alliance that will help all of the members to improve everyone's performance and product.

7 0
3 years ago
Mr. Alvarez's simple interest savings account currently has a balance of $12,500. He earns 6% Interest annually. Calculate his b
nata0808 [166]

Answer:

A $13,250.00

Explanation:

The formula for calculating balance at the end of a period using simple interest is as below.

A = P(1+rt)

A =  final amount

 P=  principal amount which is $12500

 r=  interest rate 6% or 0.06

t =  time which is 1 year

A = $12,500(1+0.06 x 1)

A = $12500 x1.06 x 1

=$12500 x 1.06

=$13,250

4 0
3 years ago
Two obstacles you may face in your attempt to achieve your goals
egoroff_w [7]

Answer: Perfectionism, Expectations, Distrations, etc.

Explanation:

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3 years ago
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The development of kidney failure becomes more prevalent with age; therefore, the amount of _______ in the diet must be reduced.
andre [41]
The development of kidney failure becomes more prevalent with age; therefore, the amount of protein in the diet must be reduced.

People with chronic kidney disease or kidney failure will face a dilemma with protein consumption because they can't remove the protein waste in the kidney. The protein will pollute the blood if kidney can't remove it.
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3 years ago
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