The Journal entry which Nicholson company will prepare on June 2 will be like when goods are returned the reverse entry is made which is
Accounts Payable A/c Dr. $480
Purchase Return / Inventory A/c Cr. $480
A journal entry is an act of recording any transaction, whether it is economic or not. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
Accounting journal entries are transferred from the journals and posted to the general ledger in order to record financial transactions in the accounting system. Modern accounting software handles the majority of this process automatically, but it's crucial to understand what's going on since there are instances when manual entries will need to be made to adjust or correct account balances at the conclusion of an accounting month.
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Answer:
OPTION C i.e 11%
Option A i.e 30.55 year
Explanation:
we know that capital can be calculated as
from the data given in question we can calculate the value of r
so
solving for r we get
r = 11%
option C
we know that
from the data given we can evealueate the value of n
solving for n we get
n = 30.55 year.
Option A
Answer:
<u>False</u>
Explanation:
It is <em>not </em>always the case that a management dilemma results in the research question. However, a research question might be defined by an identified need for improvement.
Answer:
True
Explanation:
Using desk check, talk-throughs, walkthroughs, simulation, and other exercises on a regular basis helps prepare the organization for crises and, additionally, helps keep the CM plan up to date.
