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3 years ago

Which of the following correctly describes a general ledger?

Business

1 answer:

OLEGan [10]3 years ago

6 0

Answer:

A listing of all asset, liability, owners' equity, revenue, expense, and dividend accounts sorted according to its debit or credit balance.

Explanation:

A general ledger stores and summarizes all accounts a business operates. It is the source of financial information required to prepares financial statements.

The general ledger is a summary of a company bookkeeping system. It arranges or sorts the business accounts as the balance sheet order. Assets accounts appear first, then liability accounts, and lastly, the equity accounts.

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"Integrated marketing communications represents the _________________ P in the four Ps of a firm's marketing mix. "

lozanna [386]

Answer:

Promotion

Explanation:

The four Ps of of the marketing mix are Pricing, Promotion, Place, and Product.

Integrated marketing communications is part of promotion.

Promotion is defined as the act of increasing awareness about a product or service to the target market with a view of increasing sales. It involves communication beneficial information of a product to the buyer.

Integrated marketing communications which is the process of employing all promotional tools to work in harmony.

Therefore it represents promotion in the marketing mix

6 0

3 years ago

Jasper Company has sales on account and for cash. Specifically, 70% of its sales are on account and 30% are for cash. Credit sal

kaheart [24]

Answer:

Jasper Company

Cash Receipts Budget for April, May, and June:

April May June Total

Cash Sales 30% $157,500 $160,500 $168,000 $486,000

Credit Sales 70% 400,000 367,500 374,500 1,142,000

Total $557,500 $528,000 $542,500 $1,628,000

Explanation:

1. Cash Receipts Budget shows the estimated cash receipts from customers and other sources.

2. Calculations:

a) Cash Sales for April = 30% of April Sales = 30% * $525,000 = $157,500. The difference of 70% is received in May.

b) Sales received on account for April = 100% of Accounts Receivable = $400,000.

c) Cash Sales for May = 30% of April Sales = 30% * $535,000 = $160,500. The difference of 70% is received in June.

d) Cash Sales for June = 30% of April Sales = 30% * $560,000 = $168,000. The difference of 70% is received in July.

3 0

3 years ago

1. Jessica is going out of the office for a business trip. She would like her e-mail

Svetach [21]

Answer:

that's nice, my teachers do that too on breaks

Explanation:

5 0

3 years ago

The aim of _____________ is to produce high customer equity, the total combined customer lifetime values of all of the compan

alekssr [168]

I think, there should be options to choose. Anyway, my answer is: The aim of <span>customer relationship </span>is to produce high customer equity, the total combined customer lifetime values of all of the company's customers.

7 0

3 years ago

After 30 selfless years of service to our company, Renalda Garwacki has chosen to take a little more time for herself. With a ne

IgorC [24]

Answer:

Semi-indirect organizational pattern is the answer.

Explanation:

The paragraph uses a semi-indirect organizational pattern. The purpose of the paragraph is to inform other employees about Renalda's contribution to the organization and that she will be leaving the company while in the end it is directly pointed to Renalda herself.

6 0

3 years ago