1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mashcka [7]
3 years ago
15

Which of the following is not true concerning account titles:multiple choiceThere is a wide range of account titles among differ

ent types of companies.All companies use exactly the same account titles.There is a small range in account titles regardless of type of company.All companies use different account titles.
Business
1 answer:
astra-53 [7]3 years ago
5 0

Answer:

There is a wide range of account titles among different types of companies

Explanation:

An account title can be regarded as a

unique name that is been assigned or associated to particular account in an accounting system. It is very crucial to use An account title when there is a need for identification of accounts by

accounting staff , this is because the title usually conveys the purpose of that particular account. Some of the account titles that can be used are;

Cash on Hand, Petty Cash Fund, and

Cash in Bank,. In account titles;

✓All companies use exactly the same account titles.

✓There is a small range in account titles regardless of type of company.

✓All companies use different account titles.

You might be interested in
You have £100. A friend of yours wants to exchange C$175 for your £100. What will be your profit or loss if you accept your frie
kifflom [539]

Answer:

We obtain a loss of $12.555 to accept the offer of a friend.

Explanation:

To know the profit or the loss, we must to calculate the amount of dolars you can exchage with the 175 canadian dollars that your friend gives you, and compares it with the mount of dollars you can echange with the initial 100 pounds.  

We first convert the C$175 to dollars, with the change of C$1 to $0.9134:

C$175 * ( 0.9134 $/C$ ) = $159.845

Then we convert the 100£ to dollars with the change of 1£ to $1.724

100£ * ( 1.724 £/$ ) = $172.4

The profit or loss is calculated by the difference between the C$175 to the 100£ converted to dollars:

$159.845 -$172.4 = -$12.555

We obtain a loss of $12.555 to accept the frined's offer.

8 0
3 years ago
Please help me with this account question I'm tryna make entries ​
qwelly [4]

Answer:

451

Explanation:

430+21

1234567890101112131415

8 0
3 years ago
During the current​ year, xyzxyz company increased its variable​ sg&a expenses while keeping fixed​ sg&a expenses the sa
Kay [80]
<span>Of the company xyzxyz increased it's variable expenses during the current year, that means it spent more money to operate the business, even though fixed expenses remained the same. As a result, unless the company had more revenue, there has to be less profit.</span>
4 0
4 years ago
On January 1, 2016, Pearson Corp has beginning inventory of 240 surfboards. Pearson estimates it will sell 400 units during the
Zanzabum

Answer:

Pearson Corp

Budgeted Sales Revenue for the third quarter of 2016:

The budgeted sales revenue = $88,200 (441 x $200)

Explanation:

If First Quarter Sales = 400 units

Second Quarter Sales = 420 units (400 x 1.05)

Therefore, Third Quarter Sales = 441 units (420 x 1.05)

Another way to work it out is to compound the rate for two years:

(1.05)ⁿ = (1.05)∧2 = 1.1025

Sales in first quarter = 400 x $200 = $80,000

Sales in third quarter = $80,000 x 1.1025 = $88,200

The compounding of the rate of increase yield a compound factor that can be applied to the value of the sales in the first quarter to arrive at a sales value for the third quarter without working out the sales value for the second quarter also.

8 0
4 years ago
While the personal computer industry is flooded and growing with laptops and tablets, John recently bought a desktop, his first
rodikova [14]

Answer:

3. Laggards

Explanation:

Laggards are the last step of the new product development stage. In this laggard means Marketing laggards that constitute a group of customers who resist improvement and may not be prepared to accept a new product till all conventional alternatives are no longer accessible

In the given situation, the laggards i.e option 3 is fitted to the given scenario

Hence, the third option is correct

7 0
3 years ago
Other questions:
  • "Danielle relies on summer earnings to fund her next year at the university. When she tried to get her old high school summer jo
    6·1 answer
  • An amount of something left over when requirements have been met; an excess of production or supply over demand
    12·1 answer
  • A survey asked 816 college freshmen whether they had been to a movie or eaten in a restaurant during the past week. The followin
    11·1 answer
  • Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2019: (Loss amounts should be indica
    13·1 answer
  • Based on the recognition that states differ in their resource endowments of land, labor, and capital, a theory developed arguing
    9·1 answer
  • __________ specify future ends and __________ specify today's means.
    11·1 answer
  • A residential property is greatly diminished in value because of the constant noise of jets taking off from a recently expanded
    6·1 answer
  • The aggregate demand curve indicates the relationship between
    6·1 answer
  • Career class question
    13·1 answer
  • Kray Inc., which produces a single product, has provided the following data for its most recent month of operations. There were
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!