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Darina [25.2K]
3 years ago
13

The following are the typical classifications used in a balance sheet:

Business
1 answer:
den301095 [7]3 years ago
5 0

Answer:

thank you for your information

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What is your current role as a team member either at work, school, family, or sports? How will that role change in the future?
slega [8]
Currently I am a family team member and over the summer I’m hoping to get a job at a local super market to start making money for myself
6 0
3 years ago
Your business plans to market its all-natural ingredient dog food to a foreign country. The shelf life of the product is a short
lesantik [10]

Answer: A. STORAGE FACILITIES

Explanation: STORAGE FACILITIES are structures or systems put in place to Prevent the quick spoilage of a given product. Storage facilities are required for products that can easily deteriorate. With proper storage facilities or System the shelf life of the product can be Extended.

Businesses planning to market Al NATURAL PRODUCTS MUST INVEST IN STORAGE FACILITIES AS NATURAL PRODUCTS DETERIORATE EASILY IF NOT STORED PROPERLY. The storage facility can be in the form of COLD ROOMS for frozen Products or COOL DRY ENVIRONMENT for most processed foods etc.

3 0
3 years ago
Gem City's Internal Service Fund received a residual equity transfer of $50,000 cash from the General Fund.
Sergio039 [100]

Answer:

Gem City's Internal Service Fund received a residual equity transfer of $50,000 cash from the General Fund.

This $50,000 transfer should be reported in Gem's Internal Service Fund as a credit to;

D. Transfers.

Explanation:

An internal Service fund can be defined as a fund used in most governments to keep records of goods and services that are moved between departments on the basis of cost reimbursement. An example of an Internal Service fund is when one department offers goods and services to another department. In our case, the Gem City's Internal Service Fund received a residual equity transfer of $50,000 from the General Fund in form of cash. An equity transfer is the transfer of the ownership of shares from one entity to another. In this case from the General Fund to the Gem City's Internal Service Fund.

To record the transaction above, the residual equity transfer of $50,000 to the Internal Service Fund should be recorded as a debit to Cash and a credit to Transfers.  The reporting of Transfers is usually on a separate line in the Statement of Revenues and Expenses for the fund. It comes immediately after the line item: Operating Income/Loss before Transfers and Additions.

6 0
3 years ago
A market researcher randomly selects 1 00 drivers under 45 years of age and 2 00 drivers over 45 years of age. Identify the type
Ganezh [65]

Answer:

(c). Random Stratified

Explanation:

Sampling refers to selection of a number of observations for analysis as a representative of the entire population of observations wherein the results would be interpreted the same as if the whole population was subject to analysis.

In a stratified random sampling, the observations are divided into small groups known as strata which relate to a sample interval, from which an item is chosen at random.

In stratified sampling, the selection of an item is taken from the observations belonging to a strata belonging to a particular sample interval.

In the given case, stratified random sampling has been used.

5 0
3 years ago
​________ occurs when economic benefits are distributed fairly. A. Equity B. Allocative efficiency C. Equality D. Productive eff
dlinn [17]

Answer: (A) Equity

Explanation:

  The equity is the term which refers to the concept of fairness in the economics concept as they providing the various types of economic benefits regarding the taxation and also the welfare of the economics.

The equity is basically relating to the fairness in terms of opportunity, various types of services and income and that are distributed between the various types of groups in the society.

 In an organization, the equity is one of the type of investor that share all the investing shares of the company and then it distributed fairy.

 Therefore, Option (A) is correct answer.  

3 0
3 years ago
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