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Leni [432]
3 years ago
10

What is a cash book used for?​

Business
2 answers:
Alinara [238K]3 years ago
8 0

Answer:

to keep track of all business transactions in case of an audit

Andrej [43]3 years ago
3 0
A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals. Entries in the cash book are then posted into the general ledger
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During April, a customer asks you to create an arrangement for an invalid friend who must stay at home for five more days. The i
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Narcissus in yellow. Because the friend likes the color yellow and fragrant flowers. It is also important to know that narcissus is a fragrant flower..
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3 years ago
Machine Replacement Decision A company is considering replacing an old piece of machinery, which cost $400,000 and has $175,000
jenyasd209 [6]

Answer:

Decision : It would be better to Replace Old Machine

Explanation:

Check the file attached for proper arrangement and explanation of the solution. Thank you.

Download docx
6 0
2 years ago
Benefits can represent more than ______ of the employer's total payroll costs. a. 28 percent b. 7 percent c. 66 percent d. 12 pe
gtnhenbr [62]

Answer:

b. 7 percent

Explanation:

Benefits here means the statutory benefits that the employees have a right to receive. These on the legal terms are the requirements, as the employer is required to contribute around 7.65% of the salary paid to the employee towards benefits of social security and Medicare.

This clearly is the standard set for the payroll. Now this also provides for the minimum contributions, thus it provides that at-least these are to be made.

Thus, each employer when making a standard salary shall contribute more than 7% towards the benefits of the employees.  

4 0
3 years ago
Thornton, Inc., had taxable income of $128,267 for the year. The company's marginal tax rate was 35 percent and its average tax
valentinak56 [21]

Answer:

$30784.08

Explanation:

Taxable income can be refer to as the amount of income used to calculate how much tax an  organisation owes to the government in a particular tax year.

Thornton Inc. had taxable income of $128,267 for the year

The company's marginal tax rate is 35 percent

The company's average tax rate is 24 percent

To know how much did the company have to pay in taxes for the year, we multiply the Taxable income by the Company Average tax rate for the year.

=$128,267 * 24%

=$128,267 * 0.24

=$30784.08

Thornton Inc will pay $30784.08 for the year.

8 0
3 years ago
If there is no written designated agency relationship, a client of Meramac Realty has what kind of relationship with Meramac
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Answer: c. A nonagency relationship with everyone in the office.

Explanation:

For an agency relationship to exist in the eyes of the law, there must be a contract with a written designated agency relationship between the client and Meramac Realty.

With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.

5 0
2 years ago
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