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zzz [600]
3 years ago
11

What are six advantages of books of prime entry​

Business
1 answer:
Liula [17]3 years ago
7 0

Answer:

The following are the advantages of maintaining books of original entry: (i) Future references to transactions become easy as transactions of similar nature are recorded in one journal. (ii) Mistakes in ledger accounts can be easily detected. (iii) Chronological recording of transactions reduce the chance of frauds.

Explanation:

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Which two meta solutions enable businesses to communicate privately and instantly with customers?
Flauer [41]

The two meta solutions that enable people to communicate easily are

  • Face.book
  • What.sapp

<h3>What is meta?</h3>

This is the term that is used to refer to the social media networks that are known by Mark Zuckerberg.

These are the solutions that are known to solve the issues of communication between friends and families over great distances.

These solutions help to make relationships better. They do this by helping to keep communications open and alive.

Read more on social media here: brainly.com/question/13909780

#SPJ1

3 0
2 years ago
Stocks A and B have the following data. The market risk premium is 6.0% and the risk-free rate 6.4%. Assuming the stock market i
scoray [572]

Answer:

Yes, Stock A has higher dividend yield

Explanation:

given data

market risk premium = 6.0%

risk-free rate = 6.4%

                                                       A                                        B

Beta                                                1.10                                    0.90

Constant growth rate                    7 %                                     7%

to find out

does stock A has higher dividend yield than Stock B

solution

we get here Stock A rA = 6.4% + 1.1 × 6%

Stock A rA  = 13.00%

and

Dividend yield of stock A = rA - g

Dividend yield of stock A = 13.00% - 7%

Dividend yield of stock A  = 6%

and

for Stock B rB = 6.4%+ .9 × 6%

Stock B rB = 11.80%

and

Dividend yield of stock B = rA - g

Dividend yield of stock B  = 11.80% - 7%

Dividend yield of stock B = 4.80%

so we can say Yes, Stock A has higher dividend yield

4 0
4 years ago
Madrid Company plans to issue 9% bonds with a par value of $5,300,000. The company sells $4,770,000 of the bonds at par on Janua
ASHA 777 [7]

Answer and Explanation:

The journal entry are as follows

1. Interest expense $214,650

       To Cash $214,650

(Being the first interest payment is recorded)

The computation is shown below

= $4,770,000 × 9%  × 6 months ÷ 12 months

= $214,650

For recording this we debited the interest expense as it increased the expenses while on the other hand the cash is paid which reduced the cash balance so it is credited

2. Cash $530,000

      To Bond payable $530,000

(Being the cash sale of bond is recorded)

For recording this we debited the cash as cash is received that increased the cash balance and at the same time we credited the bond payable

5 0
3 years ago
Read this article describes some of Teddy Roosevelt's contemporaries. In your journal, offer suggestions for at least three more
Lena [83]

Answer:

1)autocratic leader

2)democratic leader

Explanation:

1- this leader is one who works fast without consulting employees.

2- this leader consults employees and make sure everyone takes par in decision making

sorry only know 2...

3 0
3 years ago
In some correctional institutions, correctional counselors also draft case reports on inmates that are provided to the parole bo
Komok [63]
Reliable and of good character or the latter of that unreliable and criminalistic.
4 0
4 years ago
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