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vodomira [7]
3 years ago
13

Which of the following indicates at least two accounts are affected by a transaction?

Business
1 answer:
makvit [3.9K]3 years ago
3 0

Answer:

Double-entry system

Explanation:

The double-entry system is a book-keeping technique that records all transactions in at least two accounts.  No upper boundary is set for the number of accounts that a transaction can be recorded. In double-entry accounting, each account has two columns, debit on the left and credit on the right side.

The concept of a double-entry accounting system is based on the fact that any transaction increases or decreases one side of the accounting equations and simultaneously decreases or increases the opposite side. The debit side must match the credit side for the account to balance.

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Leon Georges works in the warehouse for a manufacturer of air-purification systems. He is responsible for the transportation of
Volgvan

Answer:

3. Distribution

Explanation:

Distribution refers to making a product available to customers for purchase by transferring it from the source of manufacture to the retailers.  Distribution is one of the essential components of marketing mix.

Channels to distribution are whole sellers, retailers, brokers and middlemen, and direct sales. Distribution entails all activities relating to supply of finished products to customers.

In the given case, Leon's work involves transportation of metal components as well as efficient movement of the finished systems from manufacturing unit to the warehouses and subsequently to distribution trucks. These represent activities of distribution.

7 0
2 years ago
Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What’s
Bad White [126]
I'd say B, by leasing the car he'd save more money if it broke down or stopped functioning properly and if that happened he could lease a different car instead of paying multiple times to fix things that would most likely break down again because he owned it.
8 0
3 years ago
If an investor buys enough stocks, he or she can, through diversification, eliminate all of the market risk inherent in owning s
dimulka [17.4K]

Answer:

The given statement is True.

If an investor buys enough stocks, he or she can, through diversification, eliminate all of the market risk inherent in owning stocks, but as a general rule it will not be possible to eliminate all market risk.

5 0
2 years ago
When looking for a car to buy, what can you learn from classified ads?
Luden [163]
The cost of car, year, make, model, mileage
4 0
3 years ago
The following items were included in Castle City's General Fund expenditures for the year ended June. Personal computer for the
ad-work [718]

Answer:

$0

Explanation:

Capital assets are useful items that a business intends to keep beyond the current financial year. They are assets held for personal or investment purposes. Capital assets exclude items meant for sale in the current financial period.

Capital assets are used in the business operations to generate more revenues for the company. They are assets with a  use-life that is greater than one year. Castle City General purchased a computer to be used by the city's treasurer. Castle City General will not use this item; hence it will not help in generating any revenues. The Furniture is for the mayor's office, and not the Castle City operations. These two purchases will not be included in Castle City books as capital expenditures.

8 0
3 years ago
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