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ser-zykov [4K]
3 years ago
14

A Trustworthy Source is credible, reliable & relevant. True False

Business
1 answer:
zheka24 [161]3 years ago
4 0

Answer: True

Explanation:

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Assuming the use of a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal, indicate the jou
Mnenie [13.5K]

To pick the correct journal from the list we should be sure that we will record some transactions in more than one journal.

Explanation:

The combinations are below:

A. Receipt of <em>cash</em> refund from over payment of taxes. (Cash Journal)

B. Adjustment to record <em>accrued salaries</em> at the end of the year (General journal)

C. Providing <em>services</em> on account (Revenue Journal)

D. Investment of additional cash in business by the owner (Cash, General Journal)  (<em>The transaction will be recorded in both cash and capital accounts but instead of the capital, we put it in the General Journal to be transferred later</em>)

E. Receipt of cash on account from customer (Cash Journal)

F. Receipt of cash for rent ( Cash, General Journal)  (<em>The transaction will be recorded in both cash and rent account but for the journal we put the rent part in the General journal</em>)

G. Receipt of cash from sale of office equipment (Cash, General Journal)  (<em>An office equipment is assumed to be a fixed asset, thus its sale will not go into the revenue journal but the General Journal whiles the cash receipt is treated in the Cash Receipts Journal</em>)

H. Sale of used office equipment on account, at cost to a neighbor (General Journal)

I. Closing of drawing account at the end of the year (General Journal)  (<em>The question did not specify whether is was goods withdrawn or cash withdrawn so we assume it to be goods withdrawn</em>)

J. Providing services for cash (Revenue, Cash Receipts Journal)

7 0
3 years ago
Choose all that apply.
denpristay [2]

reasons:

safe

high interest rates

no fees

5 0
3 years ago
A market-sharing pact negotiated by trading partners that results in voluntary quotas applied to exports in order to protect the
Gnesinka [82]

The market-sharing pact or agreement negotiated by trading partners that give rise to voluntary quotas of exports aimed at protecting the importing country's domestic firms is called a <u>voluntary export restraint (VER)</u>.

<h3>What is voluntary export restraint (VER)?</h3>

Voluntary export restraints (VER) are export arrangements between exporting and importing countries so that the exporter agrees to limit the number of some exports.

VER allows the importing country's domestic firms to survive export dumping.  It is the opposite of voluntary import expansions (VIE).  VIE, which is a part of international trade agreements, allows for more imports by lowering tariffs or dropping quotas.

Thus, the market-sharing pact negotiated by trading partners allowing for voluntary quotas on exports is called <u>voluntary export restraint (VER)</u>.

Learn more about international trade agreements at brainly.com/question/1465144

6 0
2 years ago
Can someone think of a company that cost up to at least 100k that doesn’t exist
Drupady [299]

Answer: A company that what at least cost a 100k is an oil rig  

Explanation: The reason why i say that for is because they make a lot of money and then they have to produce the oil and some of that money goes on the rig and to the workers that work there.

7 0
3 years ago
Business schools generally train students to follow ________ decision-making models
tatiyna
<span>Business schools generally train students to follow rational decision-making models.
These types of schools want their students to implement the knowledge they got from their studies into their everyday working lives in the future where they will have to be rational when making certain decisions in the workplace. </span>
8 0
3 years ago
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