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Ede4ka [16]
3 years ago
15

2. State the accounting equation.

Business
1 answer:
ladessa [460]3 years ago
6 0

•ω• Hewo fren!

☆☆●◉✿ Answer:✿◉●☆☆

The accounting equation formula is Assets = Liabilities + Equity.

☆☆●◉✿Step-by-step explanation:✿◉●☆☆

Liabilities + Equity = Assets :3 I’m vewy sowy ➖〰️➖

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________ corporate social responsibility (CSR) refers to the philanthropic approach to CSR in which organizations target program
astraxan [27]

Philanthropic corporate social responsibility (CSR) serves as  philanthropic approach to CSR in which organizations target programs that will generate the most positive publicity.

<h3>What is Philanthropic corporate social responsibility?</h3>

Philanthropic corporate social responsibility  can be regarded as one whereby,  there us donation funds, goods to another organization or cause.

They runs the greatest risk of being perceived as self-serving behavior.

Learn more about Philanthropic corporate social responsibility at:

brainly.com/question/13171394

3 0
2 years ago
Agreement is normally evidenced by an offer and an acceptance. True or False
Ahat [919]

Answer:

The statement is true as well as correct

Explanation:

Agreement, under the terms of law is described as the mutual understanding or the meeting of the minds among two or more persons or parties regarding a reciprocal rights as well as duties in relation to the future performances.

And binding the agreement makes the enforceable contract to the parties, where they are bound to perform the duties. The agreement is usually evident when one party made an offer to another and the other party provide the acceptance to the same.

6 0
3 years ago
The following information relates to Payleast Shoes Company. Assuming the company uses the periodic inventory system, solve for
rosijanka [135]

Answer:

A.$75,000

B.$60,000

C.$30,000

D.33%

E.$15,000

F.$3,500

G.$18,000

H.$34,500

I.31%

J.$18,000

K.$116,300

L.$90,300

M.31%

Explanation:

Payleast Shoes Company

2020

1.Net sales = $90,000

2.

Beginning Inventory = $12,000

Add Purchase (Gross) = $70,000

Less Returns/Allowance = $6,000

Less Purchase discounts = $4,000

Add Freight-in = $3,000

Cost of goods available for sale = $75,000

Less End inventory = $15,000

Cost of Sales = $60,000

3. Gross profit = $30,000

4. Gross Profit % = 33%

2021

1.Net sales = $110,000

2.

Beginning Inventory = $15,000

Add Purchase (Gross) = $82,500

Less Returns/Allowance = $5,000

Less Purchase discounts = $2,500

Add Freight-in = $3,500

Cost of goods available for sale = $93,500

Less End inventory = $18,000

Cost of Sales = $75,500

3. Gross profit = $34,500

4. Gross Profit % = 31%

2022

1.Net sales = $130,000

2.

Beginning Inventory = $18,000

Add Purchase (Gross) = $99,000

Less Returns/Allowance = $8,800

Less Purchase discounts = $1,900

Add Freight-in = $10,000

Cost of goods available for sale = $116,300

Less End inventory = $26,000

Cost of Sales = $90,300

3. Gross profit = $39,700

4. Gross Profit % = 31%

4 0
3 years ago
As Shirley responded to a personnel director's concerns about changing to the health-care plan her firm offered, she said, "I ca
erik [133]

Answer:

<u>Reffeal</u>

Explanation:

A letter of reference is an effective method for establishing clear communication with information needed to clarify possible doubts and bring credibility. It should be written in a formal manner, highlighting the strengths of the message to be conveyed beyond clear, accurate and honest language.

5 0
3 years ago
On May 1, Ramona and Santonio orally agree that Santonio will guide a party from the base of Mount McKinley to its summit and fr
yan [13]

Answer:

1.Contract is express

2.Contract executory

Please explanation below.

Explanation:

1)Contract is Expressed

Expressed contract consist of agreement in which terms are stated by parties either orally or in written .  

2) The contract is executory

Since contract is performed only by Santonio and since Ramona will make payment on 1 june ,on 31 may it is still to be performed by ramona  so the contract is executory (only part performance is made) .An executory contract is a contract that has not yet been fully performed or fully executed. It is a contract in which both sides still have important performance remaining.

4 0
3 years ago
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