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2 years ago

When an accounts payable ledger is used, the Accounts Payable account in the general ledger becomes a(n) __________ account.

Business

1 answer:

Setler79 [48]2 years ago

7 0

Answer:

When an accounts payable ledger is used, the Accounts Payable account in the general ledger becomes a(n) control account.

Explanation:

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Why is being a well-informed consumer important?

zzz [600]

Answer:

you are able to make better informed decisions

Explanation:

by being well informed on a product you are able to make decisions and see potential problems ahead of the actual problem

7 0

3 years ago

By state law, the local sales tax is fixed at no more than ______ percent of the value of the sale. Multiple choice question.

Anna007 [38]

State law in Texas posits that local sales tax cannot be more than<u> 2%</u> of the value of sale.

<h3>What does Texas state law say?</h3>

Texas state law allows for counties to charge sales taxes on goods and services sold in those areas.

They however limit the amount of taxes that can be paid to 2% so as not to overburden consumers who will have to bear the tax burden.

In conclusion, this is 2%.

Find out more on local sales taxes at brainly.com/question/802898.

3 0

2 years ago

According to a recent survey by American Banker, the average amount owed by a household in the United States is $71,500. The 99%

Alla [95]

Answer:

Lower bound is $3024

Upper bound is $3862

Mean(U) = $3443

Sample (n) = 100

Explanation:

9.63 According to USA TODAY research, the average personal debt (such as loans on cars, credit cards, and so forth) per household in the United States was $17,989 in 2004 (USA TODAY October 4, 2004). A recent random sample of 75 households from New Hampshire yielded a mean personal debt of $16,450 with a standard deviation of $4650. Using the 2% significance level, can you conclude that the current nean personal debt for all households in New Hampshire is different from $17,989? Use both the p-value approach and the critical-value approach.

5 0

3 years ago

Managers face contemporary challenges such as managing HIV-positive employees, managing older workers, and eliminating sexual ha

3241004551 [841]

These arise out of the <u>legal</u> environment of business.

<u>Explanation</u>:

A manager is a person who is responsible for controlling and managing the operation of the organization. The manager organizes, plans and directs the staffs in his organization. He is responsible for effective running of the organization.

The manager faces many challenges in the company to maintain its successful running.

The manager is considered to be good if he coordinates his employees towards the success of the organization. The manager should effectively monitor the behavior of the employees.

5 0

2 years ago

The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating income In

sergiy2304 [10]

Answer:

A.)

Retail division = 21.95%

Commercial division = 19%

Internet division = 26%

B.) INTERNET DIVISION HAS THE HAS THE HIGHEST RETURN ON INVESTMENT.

Explanation:

- - - - - - - - - - - - operating - - - - - - invested

Retail - - - - - - - 180,000 - - - - - - - 820,000

Commercial - - 81,700 - - - - - - - - 430,000

Internet - - - - - 83,200 - - - - - - - - 320,000

A.)

return on investment ;

Operating income ÷ invested asset

Retail division (180,000 ÷ 820,000) × 100 = 21.95%

Commercial division (81700 ÷ 430000) × 100 = 19%

Internet division (83200 ÷ 320000) × 100 = 26%

B.) Interest division has the most residual income.

3 0

3 years ago