Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Accounting system to classify business transactions?
Question
Jerry accepts a formal, written promise from an employee of his hotel to pay a certain sum. The employee plans to repay the hotel within the current fiscal year, and states this intention in the note. Notes Receivable are classified as:
Answer
a.
owners' equity.
b.
liabilities.
c.
assets.
d.
expenses.
The basic element used in an accounting system to classify and summarize business transactions is the:
marketable security.
T-account.
account.
Liability
Question 15
Sara totals the credits and debits for a certain account and finds that the account carries a debit balance. All of the following types of accounts typically carry a debit balance except:
drawing accounts.
expense accounts.
asset accounts.
liability accounts.
Revenue from cash sales ultimately affects which two balance sheet accounts?
assets and expenses
assets and owner's equity
assets and liabilities
liabilities and owner's equity
Rajinder Kumar was a manufacture worker at Competent Motors Limited (CML), which made components and accessories for the automotive industry. He had worked at CML for almost seven
QUESTION We spend a major portion of our time either transmitting or receiving information. Research has shown that we spend 45% of all our communicating time listening. Since
Question 1: (a) What is Leadership? (b) What are the three critical situational variables identified by Fiedler? If these are very favorable, what is the most effective styl
The general ERP model has a central data base shared by all functions of the enterprise represented by four quadrants in the figure represents the concept of enterprise resources p
1). Explain the meaning of Goal Setting and how it can increase the employee performance? 2). The head of operations at Nano Tech Systems announced that the company "empowers i
Describe Email usage at work a) Electronic mail (email) refers to the process of using telephone and computers lines as a mailing system for both external (internet) and inter
critical evaluation of CSR activities of Oracle?
Problem What are the different types of benchmarking and explain the reasons for Benchmarking? Different types of bench marking Performance benchmarking or operationa
Question: XYZ Co. Ltd plans to sell 40% of its shares. Two minority shareholders, Mr. A and Mr. B, have expressed interest in acquiring these shares. In order not to favour an
Technology has transformed organisations, industries and ways of doing business. Explain the reasons for the growth of business-to-consumer (B2C) trading through onlin
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd