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2 years ago

12. Provide five benefits of having a budget.

Business

2 answers:

raketka [301]2 years ago

7 0

Have elevation
Maintain success
Can be able to do anything in the long run
Will be good when you go somewhere

DiKsa [7]2 years ago

5 0

Answer:

Planning orientation

Profitability review

Assumptions review

Performance evaluations

Funding planning

Explanation:

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Presented below are three economic events. In each column, indicate whether the event increased, decreased, or had no effect on

Alex17521 [72]

Answer:

(a) Purchased supplies on account.

Increase assets and liabilities

(b) Received cash for providing a service.

Increase assets and equity

Decrease assets and equity

Explanation:

(a) The company acquire an assets but to do so; it take a liability. In the future it will be forced to pay the credit given today

(b) The company receive an assets(cash) by prvoviding services which is the main activity. The equity represebt both, the owner investment and the earning of the business. In this case this is an earning so it increase equity

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3 years ago

2. Should the U.S. government support U.S. tobacco company interest abroad if they are using harmful tactics

Serggg [28]

When a tactics is harmful causing various harms to human health or posing threat it should not be supported.

<h3>What are Harmful tactics?</h3>

They are some actions that are taken a particular time to achieve a particular goal and objective which is short time.

This actions are harmful and the results are usually detrimental.

Therefore, U.S. government should not support U.S. tobacco company interest abroad if they are using harmful tactics.

Learn more on harmful tactics

brainly.com/question/24898245

4 0

2 years ago

Sophie, the cfo of slolum ski supplies, received a watch from one of her company's largest vendors, colorado ski shoppe. she rec

Gre4nikov [31]

The answer is<u> "Whether the gift was reasonable in the circumstances."</u>

The AICPA Code of Professional Conduct is a collection of arranged articulations issued by the American Institute of Certified Public Accountants that blueprint a CPA's moral and expert responsibilities. The code builds up benchmarks for evaluator autonomy, respectability and objectivity, duties to customers and partners and acts discreditable to the bookkeeping calling. The AICPA is in charge of drafting, overhauling and reissuing the code every year, on June 1.

8 0

3 years ago

During 2015, Bears Inc. recorded credit sales of $680,000. Before adjustments at year-end, Bears has accounts receivable of $300

Rufina [12.5K]

Answer:

Bad Debts Expense Debit $ 34,440

Allowance for Uncollectible accounts Credit $ 34,440

Explanation:

Computation of amount of uncollectible balances to be recorded

Total accounts Receivable $ 300,000

Accounts past due <u>$ 51,000</u>

Accounts not yet past due $ 249,000

Estimated uncollectible from not yet past due 10 %

Estimated uncollectible from past due 24 %

Estimated uncollectible from not yet past due 10 % * $ 249,000 = $ 24,900

Estimated uncollectible from past due 24 % * $ 51,000 = <u>$ 12,240</u>

Total Estimated Uncollectible amounts = $ 37,140

Available balance in Allowance account $ (2,700)

Allowance for uncollectible accounts to be recorded <u>$ 34,440</u>

8 0

3 years ago

The form of business that limits the liability of individuals for the risks involved in business activities is known as _____.

m_a_m_a [10]

Answer:

The correct answer to the following question will be Option A (Corporation).

Explanation:

A Corporation seems to be a separate legal entity and is different from its proprietors. Corporations possess most of individual responsibilities and rights: they can sign contracts, lend and borrow the money, sue and prosecute, hire workers, own properties, and paying taxes. Some call him a "legal person".

A company form that declares the enterprise as a distinct, corporate entity governed by people known as the management board. Perhaps the most beneficial way to begin an enterprise is a corporate structure, as the organization operates as a distinct entity.

Therefore, Option A is the right answer.

3 0

3 years ago