1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pav-90 [236]
3 years ago
9

What are the five main columns of a journal?

Business
1 answer:
inn [45]3 years ago
6 0
<span>The general journal is used to track categories of transactions and includes all company transaction. All </span><span>journal entries are recorded in the general journal.</span>
The five main columns of a journal are: date, account titles, posting reference, debit, and credit columns.
You might be interested in
For each of the following:
Mama L [17]

Answer and Explanation:

As we know that

The assets, expenses contains debit balance while the liabilities, revenues and stockholder equity contains credit balance

So based on this, the classifications are as follows

Particulars    Type of account    Normal balance    Debit or credit     Reason

a. Land            Asset                      debit                       debit            resources on the owners hand        

b. Cash            Asset                      debit                       debit            resources on the owners hand

c. Legal Expense  = expense        debit                        debit         consumption of cost

d. Accounts Receivable      Asset                      debit                       debit      resources on the owners hand

e. Dividends    =     Equity                debit                          debit   distribution made to owners

g. Notes Payable =   Liability            credit                          credit    obligation made to creditors

h. Common Stock = Equity               credit                         credit    investment done by the owners

8 0
3 years ago
4. Which of the following is true of social capital?
maks197457 [2]

Answer:

Option C.

Explanation:

Social capital is basically the relationships among people who live and work in a particular society, thus allowing that society to function effectively". As such. The value of social capital is determined by the number of the relationships in a social network.

8 0
2 years ago
Causes and effects of International Factor Mobility
tatiyna

Answer:

Domestic factor mobility. refers to the ease with which productive factors like labor, capital, land, natural resources, and so on can be reallocated across sectors within the domestic economy. Different degrees of mobility arise because there are different costs associated with moving factors between industries.

Explanation:

3 0
3 years ago
A characteristic found only in oligopolies is products that are slightly different. interdependence of firms. break even level o
Delvig [45]

Answer:

The correct answer is the interdependence of firms.  

Explanation:

An oligopoly market is a market structure where there are a few firms. these firms are interdependent. Price and output decisions of a firm affect its rivals. An oligopoly firm faces a downward-sloping demand curve.  

In other market structures like monopolistic or perfect competition, the firms are not interdependent.

7 0
4 years ago
The trial balance of Sheffield Corp. at the end of its fiscal year, August 31, 2022, includes these accounts: Beginning Inventor
Ivahew [28]

Answer:

Particulars                                                                  Amount

Beginning inventory, September 1, 2013              $18,870

Purchase                                                    $ 224,790

Less: Purchase return and allowance     <em><u>$ 5,430</u></em>

Net purchase                                             $ 219,360

Add: Freight in                                           $9,780

Cost of goods purchased                                         <u>$229,140</u>

Cost of goods available for sale                              $248,010

Less: Inventory August 31,2014                                <u>$20,100</u>

Cost of goods sold                                                   <u>$227,910</u>

6 0
3 years ago
Other questions:
  • Dear Mr. Trujillo: Subject: To all employees We’ve instituted a new process for requesting vacation time. Here’s how it will wor
    14·1 answer
  • A flower shop makes a large sale for $1,500 on June 30. The customer is sent a statement on July 5 and a check is received on Ju
    12·1 answer
  • Central University has a demand level of 80 units per day, for a particular toner cartridge in the student computer labs each ye
    15·1 answer
  • What is the compound interest on a three-year, $100.00 loan at a 10 percent annual interest rate?
    7·2 answers
  • Tulane Tires wrote a contract for a $110,000 sale to the new Garden District Tour Company. Tulane only anticipates a slightly gr
    13·1 answer
  • Pete is a recent finance graduate who has two passions: music and finance. Upon graduation, he was offered an opportunity to joi
    10·1 answer
  • In Econland autonomous consumption equals 700, the marginal propensity to consume equals 0.80, net taxes are fixed at 50, planne
    11·1 answer
  • A difference between money issued by colonies and money issued by the continental congress was that money issued by each colony
    9·1 answer
  • A company that wants to market winter gear to citizens of Alaska should be aware that there are 24 words used in the state to de
    13·2 answers
  • A(n) ________________ is a number of currency units, shares, bushels, pounds, or other units specified in a derivative instrumen
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!