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2 years ago

A very large company would be most likely to have a(n) ___ at the ahead of its accounting department.

2 answers:

4 0

D - Accounting manager : they supervise, monitor and evaluate all day-to-day accounting activities.

Hope that helped :)

kirill115 [55]2 years ago

3 0

It's d!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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If real GDP increased from $10 billion to $11 billion from the first quarter of 2016 to the first quarter of 2017, but had incre

Sphinxa [80]

Answer:

10%; 16%

Explanation:

Given that,

Real GDP in the first quarter of 2016 = $10 billion

Real GDP in the first quarter of 2017 = $11 billion

Increased from the fourth quarter of 2016 to the first quarter of 2017 = 4%

Growth rate from the first quarter of 2016 to first quarter of 2017:

= $\frac{GDP_{2017}-GDP_{2016} }{GDP_{2016}}\times 100$

= $\frac{11-10 }{10}}\times 100$

= 10%

Real GDP growth rate is as follows:

= 4% × 4

= 16%

3 0

3 years ago

Explain why the demand for a particular brand of apple juice is elastic.

aniked [119]

Elastic demand that can also be called demand elasticity refers to how responsive the demand for this brand of apple juice is by change of prices and consumer income. if they sell out a higher amount of apple juice from customers than usual, then they’d probably sell it for a higher price.

6 0

3 years ago

Your company, a small start-up corporation, buys raw materials from Regina Fabrics on credit. Because her company has had severa

Goryan [66]

Answer: See explanation

Explanation:

I believe that the main thing here that can favor my company is if there's documentation for every process involved with my dealings with Regina Fabrics.

This could have been solved if she didn't reject the cash that was offered to her company after two months, so there should be a formal documents that shows that she rejected the cash which should be acknowledged and signed by her. Also, the monthly payments received by her should be documented as well.

With regards to the above, if there is a formal documentation in place, then I won't have to pay as the guaranty but if this isn't in place, then I may have to pay since there won't be evidences against her.

8 0

2 years ago

Journal EntryThe company has an unadjusted debit balance in Accounts Receivable of $25,000 and an unadjusted credit balance of $

Mkey [24]

Answer:

Sales Discounts 190 debit

Allowance for Sales Discounts 190 credit

Explanation:

From the current accounts receivable, the company has 10,000 within discount period and t expect the customer will take them so:

10,000 x 2% = 200 expected discount

currenly the accouting balance for the expected discount is 10 so:

200 - 10 = 190 allowance for sales discounts adjustment.

Remember we do this adjustment to match the expenses or discount withthe period they are generated. Not doing so, will imput discount to the next period for transaction which occurs in the current one.

3 0

3 years ago

Gulliver, Inc., which uses a process-costing system, transfers completed production from Department no. 1 to Department no. 2 fo

12345 [234]

Answer:

d. Work-in-Process Inventory: Department no. 2.

Explanation:

The profuct is Transferred from Department 1 to Department 2. The cost in in the work in process of Department 1 which will be trasnferred to next department.

Following Journal entries will be recorded for this event.

Dr. Cr.

Work-in-Process Inventory: Department no. 2. xxx

Work-in-Process Inventory: Department no. 1 xxx

5 0

3 years ago