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Morgarella [4.7K]
3 years ago
12

Mr. Benjamin salgado invested his savings to salgado and delgado construction corporation amounting to php500,000 in cash and eq

uipment worth php250,000.00
Business
1 answer:
ohaa [14]3 years ago
7 0

Answer:

Mr. Benjamin has invested total php 750,000 in Salgado and Delgado construction corporation.  

Explanation:

The investment made by Mr. Benjamin in cash and as an equipment both will be considered as investment made in the company. The percentage of stake will be calculated by considering both forms of investments. Mr. Benjamin will have controlling stake in Salgado and Delgado corporation. The company can receive dividends according to percentage of stake declared by the company.

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4 years ago
For a sales​ promotion, the manufacturer places winning symbols under the caps of of all its soda bottles. If you buy a​ six-pac
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The probability that you win​ something will be 1.

What is an probability in statistics?

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6 0
1 year ago
Which of the following statements are true?
kirza4 [7]

Answer:

TRUE: A. Different companies will use different charts of accounts based on individual company need.

C. The general ledger contains all of the accounts that a company uses, along with detail of the balances in those accounts.

Explanation:

A. <u>Different companies will use different charts of accounts based on individual company need.</u>

A chart of accounts is the combination of all the accounts of an organization in an organized and structured model whose objective is to establish a codification so that there is a standardization of the company's financial information to assist the work of the accounting sector.

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<u>C.</u><u> </u><u>The general ledger contains all of the accounts that a company uses, along with detail of the balances in those accounts.</u>

<u> </u>The general ledger can be defined as the set of all accounts held in the organization in detail.

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6 0
3 years ago
BRAINLIEST REWARD
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They are to set a plan and Have parameters
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3 years ago
Management implements internal controls to ensure that all required footnote disclosures are accurate. Auditors tests those cont
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Full question:

Management implements internal controls to ensure that all required footnote disclosures are accurate. Auditors tests those controls to provide evidence supporting the ________ presentation.

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<u>Answer:</u>

Auditors tests those controls to provide evidence supporting the completeness and accuracy  presentation.

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During the interim audit, the internal control system is documented and assessed. The completeness and accuracy of the erudition in the report superimposed which the auditor is relying on. Accuracy simply is inadequate. One requires to obtain certitude about both the completeness and the accuracy.

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