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3 years ago

Explain fayols 14 principle of management in any organization

Business

1 answer:

USPshnik [31]3 years ago

7 0

Answer:

The fourteen principles of management created by Henri Fayol are explained below.

Division of Work- ...

Authority and Responsibility- ...

Discipline- ...

Unity of Command- ...

Unity of Direction- ...

Subordination of Individual Interest- ...

Remuneration- ...

Centralization-

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The adjusting entry to record accrued revenue a.differs from the journal entry to record revenue on account. b.includes a debit

motikmotik

Answer:

Explanation:

To accrue means to grow or to accumulate over time. In accrual accounting, if the revenue recognition criteria are met in the current period, revenue will need to be accrued in the current accounting period even if cash will not been received until a later accounting period.

Accrued revenues is a type of account that require adjustment, to register the unrecorded revenues that have been earned and for which cash has not yet to be received.

The accrual journal entry to record the sale involves a debit to the accounts receivable account and a credit to sales revenue. If the sale is for cash, debit cash instead. The revenue earned will be reported as part of sales revenue in the income statement for the current accounting period.

It is the same for accrued revenue and for revenue on account.

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3 years ago

Can you please help me to get proper answer of these questions? I need answers of these questions but didn't found proper answer

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2 years ago

Driving skills are a basic qualification of

Semmy [17]

Answer: The answer is B mail carriers

Explanation:

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3 years ago

Read 2 more answers

Prior to the write off of a $500 customer account, Athena Company had the following account balances: Accounts receivable $19,60

Effectus [21]

Answer:

Net accounts receivable Before $18,600 and After $18,600

Explanation:

solution

we know that here

net accounts receivable before write-off

Accounts Receivable = $19,600

and Allowance for doubtful debt = $1,000

so Net accounts receivable = $19,600 - $1,000 = $18,600

Journal Entry for write off is here

Allowance for doubtful Accounts = $500

Accounts Receivable = $500

and

Net accounts receivable after write off is

Accounts Receivable= $19,100

and

Allowance for doubtful debt= $500

so Net accounts receivable = $19,100 - $500

Net accounts receivable = 8,600

so Net accounts receivable Before $18,600 and After $18,600

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3 years ago

On a shopping trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the coat stated that the price was

sergij07 [2.7K]

Answer: 5

Explanation: C

Consumer surplus is the difference between the quantity that a consumer is eager to pay for any product and the amount that he or she really ends up paying for that commodity. In this question Melanie was expecting to pay $79.95 when she saw the tag. Later she came to know that the coat was on a sale and she would have to pay 20% less. She finally paid $63.96 that is $15.99 less than the stated price $15.99. Thus, $15.99 is the consumers' surplus.

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3 years ago