Answer:
The answer is : to Update the balance of Retained Earnings and prepare revenue, expense, and dividend accounts for next period's transactions
Explanation:
The closing entries is to set the accounts' balance of temporary account to zero by transferring these balance to other permanent accounts at the end of the accounting cycles.
Temporary accounts includes accounts of revenues and expenses and dividend payment. Permanent account is Retained Earnings.
As Revenues and expenses are recorded for an accounting period, their balances should be all transferred to Retained Earnings account, together with the dividend payment during the period, to determined the ending balance of Retained Earning account at the end of the accounting period.
Once the closing entries has been recorded, the balance of all revenues and expenses, dividend payments accounts will be set back to zero at the start of next account period for recording revenue and expenses taken place in that period only. While Retained Earning Balance will show how much accumulated Earnings a firm retained since the start of its business.
Answer:
is more profitable since a firm can charge the new segments higher prices without changing the product.
Explanation:
When a single price has multiple segments and when product, it is an example of price discrimination
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
Price discrimination benefits firms because firms can earn more profit since they charge different prices for the same single product compared with multiple products
<span>Ultra Vires.
The ultra vires doctrine holds that certain legal actions attach when a corporation tries to carry out acts that are outside of its lawful powers. This doctrine can also include actions that are specifically prohibited by the corporate charter. These actions leave the corporation vulnerable to lawsuits by its employees and third parties because they are per se prohibited. </span>
<span>They can set good examples of people that have practiced savings and the result it had given them. Provide seminars of the results and actual computation of savings through targeted years and the possible assets that they may possess through savings. It can also help them avoid some financial problems that they might encounter. </span>
Answer:
Revolução Industrial do Século XVIII. Porque as informações por ela coletadas passou a ser vista como essenciais na tomada de decisão das empresas.
Explanation:
A origem da Contabilidade de Custos ou <em>Contabilidade Industrial</em> remonta à necessidade das empresas industriais que transformam matéria prima em produtos, em plena Revolução Industrial desde o Século XVIII apurar melhor o seus custo de produção em larga escala.
Como a Contabilidade de Custos reune procedimentos contábeis e extracontábeis nesse apuração, As informações geradas pelos processos da Contabilidade de Custos levou-a a cada vez mais a ser vista como auxiliar no processo de tomada de decisões, assumindo assim funções gerenciais.
