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3 years ago

Write about the main occupation of nepal

Business

1 answer:

Zanzabum3 years ago

3 0

Answer:

The main occupation of Nepal is agriculture. The process of producing foods, vegetable, crops by cultivating land is known as agriculture. About 80% of people are involved in agriculture as their occupation. Agriculture is the base of the Nepalese people and also for Nepal.

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Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are mad

elena-s [515]

Answer:

1. Dr Account receivable $20,500

Cr Service revenue $20,500

2. Dr Interest receivable $450

Cr Interest revenue $450

3. Dr Account receivable $1,420

Cr Service revenue $1,420

Explanation:

Preparation of the adjusting journal entries for each of the following for year ended December 31.

Based on the information given the adjusting journal entries for each of the following for year ended December 31 will be :

1. Dr Account receivable $20,500

Cr Service revenue $20,500

(Being to record Accounts Receivable)

2. Dr Interest receivable $450

Cr Interest revenue $450

(Being to record Interest receivable)

3. Dr Account receivable $1,420

Cr Service revenue $1,420

(Being to record Accounts Receivable)

5 0

2 years ago

Why is the separating of recordkeeping from the custody of assets a limitation of an internal control system?

yanalaym [24]

The separating of recordkeeping from the custody of assets a limitation of an internal control system because:

In example above, fraud could occur only if the two employees collude (agree to work together to commit fraud)
Employee maintaining accounting records has no incentive to falsify records.
Employee controlling asset will know if another person is maintaining records or not.
The employee who controls/has access to an asset should not maintain that asset's accounting records.

<h3>What is meant by Internal Control?</h3>

Internal controls are the mechanisms, rules, and procedures implemented by a corporation to ensure the integrity of financial and accounting information, promote accountability, and stop fraud.
Internal controls can help improve operational efficiency by improving the accuracy and timeliness of financial reporting, besides complying with laws and regulations and preventing employees from stealing assets or committing fraud.

To learn more about asset's accounting records: brainly.com/question/24012821

#SPJ4

6 0

2 years ago

The owner of a valuable painting hired professional movers to transport it to an auction house when she decided to sell it. As t

MAVERICK [17]

Answer:

No. She suffered no physical impact

Explanation:

Negligent infliction of emotional distress occurs when a person engages in an act that can cause severe emotional distress to another .

The plaintiff must be able to prove that the act was done willfully or provide an evidence that

It was a result of defendant's negligence

Plaintiff suffered emotional distress a direct result of the action

The action was foreseeable by the defendant

The plaintiff was in a danger zone

before he can win a claim.

The question here is how to prove emotional stress? The plaintiff must be able to show a verifiable physical injury that is linked to the emotional distressed suffered.

7 0

3 years ago

A company pays each of its two office employees each Friday at the rate of $210 per day for a five-day week that begins on Monda

marusya05 [52]

Answer:

Correct answer is:

Debit Salaries Expense $840

Credit Salaries Payable $840

Explanation:

2 employees each paid at $ 210 per day so daily salary expense is $210*2 = $420.

The accounting period ends on Tuesday and both employees work for Monday and Tuesday so the 2 days salaries expense is $420*2= $840.

As the salaries are paid on every Friday so there is a liability on a company for the 2 days salary payable to be recorded on accounting period close date i.e Tuesday.

4 0

3 years ago

Read 2 more answers

Our web development team is creating an e-commerce site for a new product. the marketing team's goal is to develop markets world

makkiz [27]

The answer to this question is t<span>o make the site accessible to all potential users

Hope this helps!!</span>

6 0

3 years ago

Write about the main occupation of nepal​

Write about the main occupation of nepal