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
ki77a [65]
3 years ago
8

What are advantages of books of prime entry​

Business
2 answers:
Liono4ka [1.6K]3 years ago
8 0

Answer:

It is easy to post transactions to the ledger accounts after recording them in the prime entry books.

Reduce the number of entries posted in the ledger because the totals of prime entry books are posted to the ledger.

Minimize accounting errors and it is easy to find out such errors.

Explanation:

tresset_1 [31]3 years ago
4 0

Explanation:

While slavery was the major issue separating the North and South, it was not slavery itself that sparked the conflict. The South wanted to secede from the Union, and the North refused. While President Abraham Lincoln personally opposed slavery, he recognized that it was legal under the U.S. Constitution at the time. He also recognized that few in the North were ready to go to war to free the slaves. For Lincoln and the northern majority, preservation of the Union was the foremost goal.

You might be interested in
David wants to open a new gymnasium with state-of-the-art equipment and qualified trainers. However, he can only afford either o
Nesterboy [21]

Answer:

Too little money                          

Explanation:

In the given case, David wanted to have all required resources and he also had complete knowledge of it. However he could not get them properly due to his budget constraints which lead to shut down of his business.

This case clearly depicts the problem of too little money as the risk of failure was not mentioned as such. Also the business David was willing to open was not relate to any chemical or defense industry so there was not much regulatory burden.

8 0
3 years ago
Charleston, Inc. has Accounts Receivable of $320,000 and an Allowance for Doubtful Accounts of $16,000. If it writes-off a custo
noname [10]

Answer:

$304,000

Explanation:

Please see attachment

5 0
3 years ago
HELP PLEASE!!!!!
dalvyx [7]
Extractive industry
8 0
3 years ago
with no inflation, a bank would be willing to lend a business firm $5 million at an annual interest rate of 6 percent. but if th
Alex

Interest rate - A bank might want to loan a business structure 5000000 dollar at a n old financing cost of 6%.

What is interest rate?
A percentage of the principal, or the amount loaned, is what a lender charges a borrower as interest. The annual percentage rate, or APR, is the usual unit used to express the interest rate on the a loan (APR). The amount earned from a savings account as well as certificate of deposit at a credit union or bank may also be subject to interest rates (CD). Interest on these deposit accounts is calculated as an annual percentage yield (APY). The borrower is essentially charged interest for the use of the asset. Cash, consumer products, vehicles, and real estate are all examples of lent assets. An interest rate can therefore be viewed as the "cost of money" because it increases the cost of borrowing the very same amount of money.

Learn more about interest rate here:
brainly.com/question/25793394
#SPJ4

3 0
1 year ago
The tax agency fund of Hardin County collected $1,000,000 for a school district, $5,000,000 for the county General Fund, and $50
rewona [7]

Answer:

$1,500,000

Explanation:

County receives funding from numerous sources. County has no control to introduce new taxes or increasing current taxes, except for property tax.

Given:

County collected for a school district = $1,000,000

County for General Fund =  $5,000,000

For town located in the County = $500,000

Hardin County Agency Fund = County for school + County for a town

= $1,000,000 + $500,000

= $1,500,000

4 0
3 years ago
Other questions:
  • Inflation is 20 percent. Debt is $2 trillion. The nominal deficit is $300 billion. If the expected inflation rate falls from 20
    12·1 answer
  • Roland Company uses special strapping equipment in its packaging business. The equipment was purchased in January 2016 for $10,0
    11·1 answer
  • E-mail and Internet marketing campaigns allow you to make the most of limited advertising dollars while reaching a great number
    6·1 answer
  • Hylands is admitted to the partnership of Reddick & Nole. Prior to her admission, the partnership books show Reddick's capit
    11·1 answer
  • A Bank loaned out $12,000, part of it at the rate of 8% per year and the rest at the the rate of 18% per year. If the interest r
    8·1 answer
  • Logan Corporation issued $800,000 of 8% bonds on October 1, 2006, due on October 1, 2011. The interest is to be paid twice a yea
    12·1 answer
  • Purdum Farms borrowed $16 million by signing a five-year note on December 31, 2017. Repayments of the principal are payable annu
    9·1 answer
  • Alpha Technology produces two products: a high-end laptop under the label Excellent Laptops and an inexpensive desktop under the
    10·1 answer
  • Hi i was wonder if i could find a best friend in here
    9·2 answers
  • ANSWER ONLY IF YOU KNOW
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!