Answer: 1Credit 2Credit 3Credit 4Debit 5Debit 6Credit 7Debit 8Debit 9Debit 10Debit 11Debit 12Debit
Explanation:
1 Due to divident is an obligation payable the nature of the transaction is to decrease the amount so you will have a credit in cash for the money that you will pay. 2 Prepaid rent is rent paid prior to the rental period to which it relates, so you have to register the prepaid asset and the cash that you will pay. You will have a credit in cash for this payment. Remind that during the month to which the rent payment actually applies you have to charges the payment to expense. 3Nature of Sells are credits, as you will have the sell of goods and an accounts receivable (debit). 4 Inventory is an Asset so the nature is debit, as a result of the transaction you will have an accounts payable (credit). 5 Supplies are Asset so the nature is debit, as a result of the trasaction you will have a money outflow. 6 Payment to employees are liabilities so the nature is credit as you have a money outflow. 7 As you will receive money for the issue of stock, the nature is debit. 8 The collection of cash will generate a money inflow so is debit. 9 For the loan you will obtain cash you is debit for the money inflow and credit for the loan. 10 The supplies used will be an expense so the nature is debit. 11 For the advacen payment you will have a money inflow so is debit. 12 The accrued employee wages are expenses so the nature is debit.
Answer: (B) was first known and used by the Greeks and then spread through the Romans to England.
Explanation:
A corporate business is a type of business that operates as a legal entity, but run by board of directors.
A legal entity in this context mean the business can legally sue and be sued, incur debts, pay debts, enter into agreement or contracts.
A corporate business is viewed as an individual with legal rights except for some few limitations.
Few advantages of a corporate business includes:
• Raising money: money can be raised through issuing of stocks, selling shares, in order to allow expansion.
• Transfer of ownership: the business can be sold or passed to another under proper documentation.
•It is a life business: meaning the business can outlive their original founders.
The first American corporate business started in the 1970s
Answer:
Philippine chemicals industry.
Explanation:
Philippine chemical industry strives to turn the raw resources of the country into a wide variety of higher-demand goods that serve the best consumer benefit for domestic and global business needs. It can achieve sustainable growth by constantly developing goods and processes, and thereby lead to the employment generation and socio-economic prosperity of the country.
Question:
When multiple team members are working on a related feature, how often should they integrate their work
Select only one answer.
A) Do the integration midway through the iteration.
B) After they reach a logical end of creating the functionality.
C) In a scheduled daily (or multiple times in a day) frequency.
D) In a scheduled weekly (or multiple times in a week) frequency.
Answer:
The best option is D.
Explanation:
Multiple integrations per day may become too cumbersome. Leaving the various parts of the project until a logical end for a functionality has been reached may create room for a lot of errors thus resulting in time wasted.
To ensure regular course correction (if required), twice a week would suffice.
Cheers!
Answer:
The amount of outstanding checks on Harris Company's June bank reconciliation should be $42700.
Explanation:
Outstanding amount of checks issued = Checks outstanding in beginning of June + Checks issued during the month of June - Checks cleared in June
= $15400 + $64900 - $37600
= $42700
Therefore, The amount of outstanding checks on Harris Company's June bank reconciliation should be $42700.