Answer:
Accountability in the workplace is about employees taking responsibility and ownership for their decisions, actions, performance and behaviour. Accountability in the workplace is also about building trust and staying committed to doing the right thing for the business consistently.
Wouldn't it be available credit line because that =5,ooo$ and you were asking what the principle was so i think it's available credit line.
Hope I helped :)
Answer:
$52,000 Increase
Explanation:
In the cash flow from operating activities only those transactions are listed which involves actual exchange of cash. When a company writes off some of account receivable it has not recorded as bad debt expense. When the company is confirmed about the uncollectible amounts then the company will write off the uncollectible amounts. These will be then adjusted in the net income to calculate net cash flow from operating activities.
Answer:
There are a number of reasons, the A/P clerk could want this New Expenses account to be opened with some of them being suspicious and some of them being out of a lack of knowledge.
Assuming it is the latter (no need to be suspicious, yet), the A/P might not know that expenses accounts should be specific and well defined and so just assumed that New Expenses would serve them well.
You should explain to them how the naming of accounts is done and ask them for the Source document so you can see what name to give the new account.
If the A/P is being uncooperative, it is time to be suspicious and to clarify the issue with the superior of the clerk so as to avoid any issues with the company's books.
Answer:
option (a) $98,878
Explanation:
Given:
Annuity = $13,000
Time = 15 years
Rate = 10%
now,
Present value = Annuity × ( Annuity factor for 15 year and rate 10% )
from the table the annuity factor can be found out by using the table provided in the question
pointing to the value common in the row of 15 and column of 10% i.e (7.606)
thus,
or
Present value = $13,000 × ( 7.606 )
or
Present value = $98,878
hence the correct answer is option (a) $98,878
