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Karolina [17]
2 years ago
9

Importance of joint stock Company​

Business
1 answer:
slamgirl [31]2 years ago
8 0
The market is up rn depending on what brands you trust and willing to invest in
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One might infer from a debit balance in allowance for doubtful accounts that
shtirl [24]

Answer:

The answer is:

More accounts have been written off than had been estimated

Explanation:

Doubtful debt or bad debt is an expense. According to the rule of accounting, debit increases an expense while debit decreases an expense.

So the debit balance balance in allowance for doubtful accounts tells us that there is an increase in expense which means that more accounts(bad debt) have been written off.

So we can infer from the debit balance that more accounts have been written off than had been estimated

3 0
3 years ago
Broadbanding eliminates layers in pay grades requiring organizations to find other ways to reward employees. Group startsTrue or
AlekseyPX

Broad banding eliminates layers in pay grades requiring organizations to find other ways to reward employees. False

  • A technique called "broad banding" replaces a large number of small wage ranges with a smaller number of larger compensation ranges when evaluating and building a job grading structure. Establishing what is necessary to pay for a certain position with help from broad banding.
  • Payroll departments employ broadband for human resource management. When deciding how much to pay specific roles and the incumbents in those positions, a job grading structure known as "broadcasting" lies somewhere between using spot salaries and several job grades. Broad banding does provide some broad job classifications to the business that uses it, but it does not have as many discrete job grades as do traditional compensation systems.

Thus this is the answer.

To learn more about HR, refer:brainly.com/question/24623157

#SPJ4

6 0
1 year ago
Petra, a plant manager, received an e-mail from the CEO stating that the company will now be focusing on customer service. The e
svp [43]

Answer:

Petra,a plant manager ,received an e-mail from the CEO stating that the company will now be focusing on customer service.The e-mail also stated that all plant managers need to implement this policy and coordinate the activities related to this strategy for their lowest level mangers.Petra is a <u>middle level manager.</u>

<u>Explanation</u>: Middle level managers extract the information from top level managers who are above them and supervisors who are below them.They give data and facts back in the organisation.They act as a connecting link between top and lower level of management.

Middle level managers are responsible for making any changes needed in an organisation.They look after day to day routines and make sure everything is in accordance with the requirements of the concern.

Middle level managers  needs to have following skills:

  1. They must have ability to hire good individuals for concern
  2. Very good communication skills
  3. They must have ability to delegate
  4. They must be capable of making strong decisions.

4 0
3 years ago
Alicia heard that as a general rule, she should spend no more than one week's pay on rent. If Alicia's pay is $35,256 per year,
Nastasia [14]
If Alicia pay per year is $35,256 and there are twelve months in a year, then her monthly salary is $35,256/12 = 2,938.
This means that Alicia earns $2, 938 each month. 
Conventionally, there are four weeks in a month, thus, Alicia earns $2,938/4 = 734.50. This means that, Alicia earns $734. 50 each week and this is the amount that Alicia is expected to spend on rent on a monthly basis.
8 0
3 years ago
Read 2 more answers
The following transactions occurred during July:1. Received $1,200 cash for services performed during July.2. Received $6,400 ca
nikklg [1K]

Answer:

The amount of revenue that will be reported on the income statement for the month ended July 31 is equal to $5,300.

Explanation:

The applicable accounting concept here is accrual concept.

Accrual concept states that revenue is recognized when it is earned and expenses are also recognized when they are incured no matter when cash is received or paid.

Based on the accrual concept, only transactions 1 and 4 will be used in calculating the amount of revenue for July as follows:

July revenue = Cash received for services performed during July + Billing of customers for services performed on account in July = $1,200 + $4,100 = $5,300

Therefore, the amount of revenue that will be reported on the income statement for the month ended July 31 is equal to $5,300.

7 0
3 years ago
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