1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zzz [600]
2 years ago
11

What are six advantages of books of prime entry​

Business
1 answer:
Liula [17]2 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:

You might be interested in
Define private equity funds economics. ​
Bingel [31]

its like keeping the funds private and makeing sure no one knows alot about it

4 0
3 years ago
The point when the company makes exactly enough money to pay for itself, without making extra as a profit, is the ____________ p
-BARSIC- [3]
The point when the company makes exactly enough money to pay for itself, without making extra as a profit is the C. Break even point

hope this helps
7 0
3 years ago
Read 2 more answers
Last winter, a guest at a nearby motel fell through the ice and was not rescued in time. the motel's name was included in news c
Hitman42 [59]
Any more info about who Dave and Betty are? Any answer choices?
6 0
3 years ago
Read 2 more answers
Copa Cabana Corporation is considering the purchase of a new machine costing $30,000. The machine would generate net cash inflow
olga_2 [115]

Answer:

C. 20.00 percent

Explanation:

The computation of the accounting rate of return is shown below:

The formula to compute the accounting rate of return is shown below:

= Annual net income ÷ initial investment

where,  

Annual net income is

= Net cash flows - depreciation expense

= $12,000 - $6,000

= $6,000

And, the initial investment is $30,000

So, the accounting rate of return on initial investment is

= $6,000 ÷ $30,000

= 20%

The depreciation expense is

= $30,000 ÷ 5 years

= $6,000

6 0
3 years ago
The Shaffer Auto Company has purchased a large parcel of land forâ $1 million. The company recently discovered that the land is
dolphi86 [110]

Answer:

O D $0

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Since the land is worthless, there is no next best use of the land. Thus, its opportunity cost is zero.

I hope my answer helps you

6 0
3 years ago
Other questions:
  • Wanda is the Chief Executive Officer of Pink corporation, a publicly traded, calendar year C corporation. For the current year,
    13·1 answer
  • Cable Company reported bond interest expense of $40,000 for the current year. During the year, the balance in the premium on bon
    8·1 answer
  • Consumers in which stage of the household life cycle are over 64 years of age; are either fully or partially retired; are health
    15·1 answer
  • Everything Looks Like a Nail, Inc. is a manufacturing company that produces hammers. The company faces a number of different fix
    10·1 answer
  • Is accounting is easy​
    6·2 answers
  • A back-up plan is a (an)...
    15·1 answer
  • A good regression model has the fewest number of explanatory variables providing an adequate interpretation of the dependent var
    7·2 answers
  • Which trade bloc was created to encourage free trade and economiccooperation between Canada, Mexico, and the United States?
    14·2 answers
  • The carrying value of bonds at maturity always equals: Multiple Choice the amount of discount or premium. the amount of cash ori
    10·1 answer
  • In the market for bottled water, fresh springs has a 30 percent share of the market, swiss springs has a 27 percent share, l'eau
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!