Petty cash register available to record all outflow of funds

Assignment Help Business Economics

Reference no: EM131171554

Which one of the following is a key report that a new business owner should be prepared to generate?

A. Expense accounts

B. Check register

C. Chart of accounts

D. All of these are correct

Which of the following accounts requires both a cash register and a petty cash register available to record all outflow of funds?

a. accounts payable

b. expense account

c. check register

d. payroll

A small business owner may want to exit the business because:

a. business has done very well

b. all the assets are in the business

c. turns some of the busines into cash.

d. all of the above are correct

It is relatively common for new equipment to depreciate in the first year after purchase. What is the typical rate of depreciation of new equipment in the first year?

a. less than 50%

b. More than 10%

c. more than 50%

d. less than 40%

Reference no: EM131171554

Questions Cloud

Audience visualize how the security team functions : Create a 4- to 5-slide narrated presentation in response to the request from the CEO. Include an organizational chart to help the audience visualize how the security team functions. Include detailed speaker notes or transcription of narration.

Election to choose new leader : A community of N pirates has recently conducted an election to choose their new leader. All pirates vote, and any pirate may run as a candidate. There is no preferential system, each pirate simply writes the number of their preffered leader on the..

The economic argument for protectionism : The economic argument for protectionism is that it preserves jobs, protects a nation's political security, discourages dependency on other countries, and:

Reflect the chicanao latino experience in the local society : Write an outline for persuasive speech (choose any essay that reflect the topics listed below and write an outline on). The topic for the persuasive speech outline must reflect the Chicana/o Latino Experience in the local and global society.

Petty cash register available to record all outflow of funds : Which one of the following is a key report that a new business owner should be prepared to generate? Which of the following accounts requires both a cash register and a petty cash register available to record all outflow of funds? A small business ow..

How do you plan to deliver training: face-to-face or online : Imagine that you must make a proposal to your supervisor to create a training workshop for new hires in your field to help them acclimate to their jobs. Write a 500-word essay explaining your proposal to a colleague. Include a description of the p..

Write a report covering areas - wages payment plans : Different Wages Payment plans available for wages Payment and laws Governing the payment of wages to workers in Oman.

Calculate the final temperature of the helium : Calculate the final temperature of the helium in the cylinder assuming that the heat transfer during the process is negligibly small. Take for helium as 112 kl/kg K.

What improvements have you made in oral communication skills : What improvements have you made in your oral communication skills? What areas do you still need to improve upon? What is the current status of the goals you set for yourself in Week One?

User Account

All Pages