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3 years ago

Instruction: Read each question, then select your answer choice.

Business

2 answers:

MArishka [77]3 years ago

8 0

Answer:

<h2>Physical Resourcers</h2>

Explanation:

Trava [24]3 years ago

7 0

Physical resources - that’s the answer

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vesna_86 [32]

Provide information such as the name address date of birth and social security number verify the account provide identification deposit at least the minimum balance sign an authorization card

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4 years ago

Read 2 more answers

Samantha is a single mom and the administrative assistant for the marketing department. Her son's soccer games begin right afte

Alex_Xolod [135]

Answer:

The correct answer is (B)

Explanation:

A conflict is a clash of interest. The idea of conflict might be close to home, racial, class, standing, political and universal. Samantha is encountering a conflict of interest where she has to choose whether to watch her son's football match or go to work. Conflicts usually can lead to misunderstandings between two parties and they must be resolved by communication.

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4 years ago

The two most common types of accounts to manage your money are _________ and __________.

Kryger [21]

Answer:

c, checking and saving accounts

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3 years ago

The following is the adjusted trial balance for Nadia Company. Nadia Company Adjusted Trial Balance December 31 Account No. Debi

muminat

Answer:

Net Income = $2,980

Statement of owner's equity = $15,280

Total Assets = $19,050

Total Liabilities = $3,770

Explanation:

Requirement A) Income Statement

Nadia Company

Income Statement

For the Year Ended December 31, 20X9

Revenues: $ $

Fees Earned 10,930

Expenses:

Wages expense 2,450

Rent expense 1,900

Utilities expense 1,475

Depreciation Expense 1,150

Miscellaneous Expense 975

Total Expenses (7,950)

Net Income 2,980

Nadia company's total revenue exceeds the total expenses, therefore, the company earns a net income of $2,980.

Requirement B) Statement of owner's equity

Nadia Company

Statement of Owner's Equity

For the Year Ended December 31, 20X9

Particulars $

Beginning Capital 10,000

Add: Additional investment (Capital) 3,000

Add: Net income for the year 2,980

15,980

Less: Drawings 700

Capital, December 31 (Ending Capital) 15,280

The amount of $15,280 is the total owner's equity for the company. The company will this amount in the balance sheet as well.

Requirement C) Balance Sheet

Nadia Company

Balance Sheet

As At December 31, 20X9

Particulars $ $

Assets

Current Assets

Cash 5,130

Accounts Receivable 3,300

Prepaid Expenses 420

Total Current Assets 8,850

Property, Plant, and Equipment

Equipment 12,400

Less: Accumulated Depreciation (2,200)

Total Property, Plant, and Equipment 10,200

Total Assets 19,050

Liabilities & Owner's Equity

Liabilities

Current Liabilities

Accounts Payable 700

Notes Payable (Short-term) 3,070

Total Liabilities 3,770

Owner's Equity

Owner's Equity (From requirement B) 15,280

Total liabilities and owner's equity 19,050

Therefore, Total Assets = Total Liabilities + Owner's Equity

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3 years ago

Which one of the following is a working capital decision?A. How should the firm raise additional capital to fund its expansion?B

svetoff [14.1K]

Answer:

The correct answer is letter "E": How much cash should the firm keep in reserve?

Explanation:

Working capital decisions imply working in capital cycles. They take into consideration interest rates, debtors management, and the company's financing in the short run. The working capital decisions also ensure that the organizations have enough cash to pay its bills and determine how much of the cash flow should be stored in the firm's reserve.

4 0

3 years ago