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r-ruslan [8.4K]
3 years ago
10

The objective of financial reporting is to provide useful financial information to capital providers.

Business
1 answer:
Amiraneli [1.4K]3 years ago
6 0

i think it is B

Explanation:

You might be interested in
Which of these economic goals is most important in a traditional economy? select one:
Gnom [1K]
Which of these economic goals is most important in a traditional economy?
A. Growth
8 0
3 years ago
Journalizing and posting an adjusting entry for office supplies
belka [17]

Answer:

Office Supplies T-account

<u>Debit :</u>

Beginning Balance                  $600

Purchases                              $2,300

Totals                                     $2,900

<u>Credit:</u>

Ending Balance                        $500

Used (<em>Balancing Figure</em>)       $2,400

Totals                                     $2,900

Adjusting Entry

Supplies Expenses $2,400 (debit)

Office Supplies $2,400 (credit)

Posting Entries.

1. Supplies Expense = $2,400 (Debit Balance)

2.Office Supplies = $500 (Debit Balance)

Explanation:

As the supplies are used during the period, recognize an expense : Supplies Expense and de-recognize the Office Supplies Asset account to the extend of the amount of inventory used during the period.

In other words we are taking out an expense (Increasing it) and decreasing an asset : Office Supplies.

5 0
3 years ago
For years, it has been Sarah's dream to start a charitable organization called Every Kid Eats in her hometown of Golden Valley.
Blababa [14]

Answer:

The answer is Nutrition is important to everyone, especially when they are learning, Every Kid Eats is an organization that helps elementary school age children in our town of Golden Valley eat better throughout the day.

Explanation:

Because the other statements talked about feeding all the childen in town. Her organization wants to feed the elementary school's childreN. Even though she wants to feed undernourished kids, the only statement that expressed better was the first one.

4 0
3 years ago
If a unionized company has a(n) ______ shop, the workers do not have to join the union, and they do not pay dues or fees to the
ruslelena [56]

If a unionized company has a(n)<u> open </u>shop, the workers do not have to join the union, and they do not pay dues or fees to the union.

A unionized workplace is a process by which a company's employees are organized into trade unions, which act as intermediaries between employees and managers. In most cases, a majority vote of workers is required to approve a union.

An organized workplace is a stable workplace. Unionized workers typically enjoy more secure employment than non-union workers and often receive more favorable compensation and benefits packages. As a result, union members may be reluctant to leave the company for other opportunities, especially to move to a non-union environment.

Unionized workplaces have unions. A union is an organized group of workers, usually led by a union leader. The union is affiliated with the Confederation of Trade Unions of America, which oversees and supports union activity in a variety of industries, including education, manufacturing, skilled labor, and entertainment.

Learn more about Unionized Company here : brainly.com/question/1331054

#SPJ4

6 0
2 years ago
What is known as water beneath the surface that runs in recognizable underground streams or collects in porous ground layers cal
Naya [18.7K]

Answer: Groundwater

Explanation:

Groundwater are water that gather underneath the soil surface, stored around rocks and slowly flow from a point to another as underground streams. Groundwater is vital to human survival, as they can be consumed directly and are also a source of water for farming.

5 0
4 years ago
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