Answer:
Dr supplies expense $4,100
Cr supplies $4,100
Explanation:
Supplies used in the year needs to be ascertained before any adjusting entry can be posted.
Supplies used=beginning supplies+purchases-ending supplies
beginning supplies is $3,690
purchases of supplies was $1,700
ending balance of supplies was $1,290
supplies used=$3,690+$1,700-$1,290=$ 4,100.00
The used portion of supplies would be debited to supplies expense while supplies inventory is credited with the same amount.
The road-map which tells where the business is going is a Business plan.
A business plan is basically a map which visualize a goal desired outcome and draws out the steps needed to reach the goals.
- In other word, a business plan shows where a company is going and steps required to get there.
- A typical business plan will state likely Challenges, defined Objectives, Courses of Action, Initiatives, Mode of operation etc.
In conclusion, every successful business that exists today started with well-drawn business plan.
Learn more about Business plan here
brainly.com/question/15826771
Answer:
management strategy
Explanation:
By improving the companies management strategy the the manager in trevor's company would be able to gain competitive advantages and also achieve the companies objectives with the required resources.
