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Mrrafil [7]
3 years ago
8

Planing function means​

Business
1 answer:
MatroZZZ [7]3 years ago
7 0

Answer:

Explanation:

Planning function is the process of establishing goals and arranging them in logical order for the purpose of achieving a desired goal.

Planning is an important aspect of an organization so as to help them achieve their goals faster. It is done at all levels in an  organization. Planning is done using the available resources, also achieving a balance between the needs and wants of the organization.

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The income statement of Blossom Company for the month of July shows net income of $3,310 based on Service Revenue $7,210, Salari
sergey [27]

Answer

Blossom Company

Income Statement

for the month of July  

                                                                                       $                        $

Revenues                                      (1)                                                      7,920

Salaries and Wages Expense      (2)                          2,540

Supplies Expense                         (3)                              710

Insurance expense                       (4)                              470

Depreciation Expenses                (5)                              250

Utilities Expense                                                        <u>      720</u>

 Total expenses                                                                                     <u>4,690</u>

Adjusted Net Income                                                                              <u>3,230</u>

Explanation

1. Revenues

Revenues per question                                                   $ 7,210

Unrecorded services (Note 5 in question)                     <u>$    710</u>

Adjusted revenues                                                          <u> $ 7,920</u>

2. Salaries and wages Expense

Salaries and wages expenses per question                  $ 2,220

Accrued wages not included (Note 4 in question)       <u> $    320 </u>

Adjusted Salaries and wages Expense                         <u> $ 2,540 </u>

3. Supplies Expense

Supplies Expenses per question                                     $   960

Supplies on hand to be adjusted ( Note 2 in quest,)      <u>$ (250)</u>

Adjusted Supplies Expenses                                            <u>$ 710</u>

4. Insurance expired to be expenses ( Note 1 in quest,  <u>$ 470</u>      

5. Depreciation to be recorded (Note3 in question)       <u>$ 250</u>

<u />

3 0
3 years ago
Fran uses a database software system to remind him when his customers should be ready to reorder his industrial cleaning product
ladessa [460]

Answer:

Option D          

Explanation:

Customer relationship management refers to the  method for handling an engagement between a business and current and prospective clients.

This uses data mining on the experience of clients with a corporation to strengthen client relationships with clients, mainly focusing on customer loyalty and eventually improving sales growth.

Another crucial element of the CRM strategy is the CRM programs that collect information from a variety of different communications channels, such as a company's website, internet, fax, video chat, promotional materials, and much more recently, social media. 

Businesses know something about their target groups and how to better meet their needs through the CRM framework and the tools used to promote it.  

5 0
3 years ago
you are at the checkout counter at the local supermarket and use your debit card to pay for your groceries. where does the money
elixir [45]

Answer:

Of your own account

Explanation:

6 0
2 years ago
What determines the color or a translucent object
Lady bird [3.3K]
It's somewhat see through
5 0
4 years ago
Read 2 more answers
On January 1, 2019, Oriole Company purchased the following two machines for use in its production process.
Zarrin [17]

Answer and Explanation:

The journal entries are shown below:

1  Equipment   $53,420

     To Cash  $53,420

(Being the equipment is purchased for cash is recorded)

The computation is given below:

= Cash price of machine + sales tax + shipping cost + insurance during shipping + installation and testing cost

= $49,500 + $3,650 + $100 + $60 + $110

=  $53,420

2. Depreciation expense $9,614

      To Accumulated Depreciation - Equipment  $9,614

(Being the depreciation expense is recorded)

The computation is shown below:

= ($53,420 - $5,350) ÷ ( 5 years)

= $9,614

5 0
3 years ago
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