which of the following statements regarding a general journal is false? multiple choice the amounts of debits and credits are shown in the same column. transaction data are recorded first in a journal. debits are recorded above credits in a general journal entry. entries are recorded in chronological order in a journal.

Answers

Answer 1

The answer is The amounts of debits and credits are shown in the same column. The following claims about a general journal are untrue since the amounts of debits and credits are displayed in the same column.

The primary sources for this information are invoices. A sales diary just includes one column for tracking transaction amounts in its most basic configuration. Each entry raises revenues and increases accounts receivable (debits).

Liability account debit and credit regulations are identical to asset account debit and credit rules. A debit input raises the amount of an asset account, whereas a credit entry lowers the balance of the account.

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Related Questions

Question 5 of 10
Which of the following is a part of the employment tax?
O A. Income tax
O B. Property tax
O C. Non-compliance fines
O D. Social security tax

Answers

Answer:

D. social security tax

Explanation:

A general rule of thumb is to keep your credit utilization rate at 30% or lower. What is your approximate credit utilization rate for this current billing cycle? (Hint: Credit Utilization Rate = Balance / Credit Limit)

Answers

Answer:

90%

Explanation:

Seatbelts in a vehicle are in compliance with what basic right covered by the
Consumer Bill of Rights?
A. The right to be heard
B. The right to be informed
C. The right to choose
D. The right to safety

Seatbelts in a vehicle are in compliance with what basic right covered by theConsumer Bill of Rights?A.

Answers

Answer:

D: The right to safety.

Explanation:

The right to safety is covered by the Consumer Bill of Rights, which is why seatbelts in a vehicle are required to ensure the safety of passengers. Therefore, option D is correct.

What are the Consumer Bill of Rights?

The Consumer Bill of Rights is a set of four fundamental rights that consumers are entitled to when purchasing goods or services. These rights include:

The right to safety - Consumers have the right to expect that products and services are safe to use and that potential hazards are minimized or eliminated.

The right to be informed - Consumers have the right to accurate and complete information about products and services, including ingredients, performance, and risks.

The right to choose - Consumers have the right to choose from a range of products and services at competitive prices.

The right to be heard - Consumers have the right to have their voices heard and to receive prompt and appropriate response to complaints.

The Consumer Bill of Rights was originally outlined by President John F. Kennedy in a speech to Congress in 1962, and has since been adopted by various organizations and governments around the world.

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It’s in the picture pleaseee I need this today

Its in the picture pleaseee I need this today

Answers

Answer:

Could you make it bigger?

Answer:

What are u asking

Explanation:

You know the following details about stock KDE. The EPS next year will be $1.14, the dividend payout rate will be 0.37, the return on new investment will be 0.079, and the current fair price under the DDM is $35. What is KDE's equity cost of capital?

Answers

KDE's total capital expenditure is 6.12% as a result.

What is KDE's equity cost of capital?

We may employ the dividend discount model (DDM) to determine the equity cost of capital for KDE:

P = D / (r - g)

where P is the stock's fair market value, D is the anticipated dividend for the upcoming period, r is the equities cost of capital, and g is the anticipated dividend growth rate. We can determine r by using the stock's current fair price, which is provided to us:

r = (D / P) + g

With the anticipated earnings per share and the dividend payout rate, we can determine the anticipated dividend for the following period as follows:

D=EPS*payout rate=1.14*0.37=0.4218

Also, the return on capital funding is provided to us, and this number can be used to calculate the anticipated growth rate of dividends. When we apply the sustainable economic rate formula, we obtain:

g = retention rate * return on fresh investment

in which the retention rate (1 - payout rate). Inputting the values provided yields:

g = 0.079 * (1 - 0.37) = 0.04993

Now that all the values have been substituted, we can calculate the equity cost of capital as follows:

r = (0.4218 / 35) + 0.04993 = 0.0612 or 6.12%

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On September 3, 2018, Able, a single individual, purchased § 1244 stock in Red Corporation from his friend Al for $60,000. On December 31, 2018, the stock was worth $85,000. On August 15, 2019, Able was notified that the stock was worthless. How should Able report this item on his 2019 tax return?

Answers

He should ask them why it was worthless then after a while of thinking maybe have and idea on how to use it again

is it hard to get a job at chik fil a? kinda stupid question ik, I just really need money. if so any recommendations? ​

Answers

Answer: Maybe you can try getting a job at starbucks, mcdonalds, five below, etc. It depends how old are you.

I’m not sure, I think chipotle would be a great option though. Working there comes with many benefits like paying some of your tuition (or something along those lines.)

PLEASE HELP Question 21(Multiple Choice Worth 5 points) (04.09 LC) A paid position with specific duties, tasks, and responsibilities in a particular place of work. O Career Interests O Job O Values Question 22 Multiple Choice Worth 5 points) con. PLEASE HELP​

Answers

Answer:

Job

Explanation:

A job is any regular and legal activity that one does to earn money.  A job is a responsibility, position, or role assigned to a worker/ employee. Each job has a job description which details what duties the employer expects the employees to perform.

A job refers to employment, either full-time or part-time. It is also a piece of work to be performed.

What is the best answer to guess on the ACS exam?

Answers

The American Chemical Society (ACS) is a scientific organization with roots in the United States that promotes chemistry-related research. The American Chemical Society (ACS),

which was established in 1876 at New York University, now boasts more than 155,000 members across all academic levels and specialties in chemistry, chemical engineering, and allied subjects. According to membership, it is one of the biggest scientific society in the world. [3] The ACS has a legislative charter under Title 36 of the United States Code and is a 501(c)(3) non-profit organization. Its headquarters are in Washington, D.C., while a sizable portion of its workforce is based in Columbus, Ohio. Through its peer-reviewed scientific journals, national conferences, and the Chemical Abstracts Service, the ACS is a top provider of scientific data. it has published

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what is an act or object that poses a danger to assets?

Answers

An act or object that poses a danger to assets refers to any action or item that presents a risk or threat to the safety, security, or integrity of valuable resources or property.

A wide range of acts or objects can pose a danger to assets in various contexts. These can include intentional or unintentional actions, as well as physical items or substances that can cause harm or damage. Examples of such acts or objects may include theft, vandalism, fire hazards, hazardous materials, natural disasters, cyberattacks, and equipment malfunctions.

Acts that pose a danger to assets can result in financial losses, physical damage, or disruption to operations. It is essential for individuals and organizations to identify and mitigate these risks through proactive measures such as implementing security protocols, conducting risk assessments, maintaining safety standards, and employing appropriate safeguards and preventive measures.

By recognizing potential dangers to assets, organizations can develop comprehensive risk management strategies to protect their valuable resources. These strategies may involve implementing security systems, establishing contingency plans, training personnel on safety procedures, and regularly monitoring and evaluating potential threats. Taking proactive steps to address potential dangers can help mitigate risks and safeguard assets from harm.

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What is one benefit of continuing your education after high school?

A. The ability to earn money immediately

B. Postponing responsibility for your actions

C. Increased earnings over the course of your career

D. There is no benefit to continuing your education.​

Answers

Answer:

C

Explanation:

The most relevant one because university is the place to produce expert in many fields. Thus this will increase your earnings within your course of career.

Answer:

c

Explanation:

whats a business name (Cant be a business already)

Answers

Answer:

imagination ink.

Explanation:

we produce imaginations, your in need of one

" The capable manpower is the key factor of any vocation ". Justify this statament with suitable examples .

Answers

Explanation:

The skilled workforce is related to the set of skills and knowledge that an individual has accumulated and that enables him to perform some function with technical knowledge and effectiveness.

The vocation can be understood as a personal inclination for the individual to choose to pursue a profession.

Therefore, vocation and training are related in the sense that when there is a vocation, there must be training for it to be legitimized.

An example of skilled labor can be the workforce in a civil construction, where each resource and technical skills must be employed in order for the final work to take place as planned in a safe and effective manner.

For standing bear company, sales revenue is $200,000, sales returns and allowances are $5,000, sales discounts are $3,000, and cost of goods sold is $120,000. Net sales is?.

Answers

The net sale is $72,000.

What do you mean by net sales?

Net sales are the total money that a company makes from sales after deducting discounts, client refunds, and other expenses. One of the top line KPIs for product-based organizations, it is often measured across weekly, monthly, or annual accounting periods and appears on the income statement.

What's the difference between gross sales and net sales?

While net sales include all costs incurred during the sales process, gross sales do not account for deductions. Net sales are a better indicator of how much money a company is making from sales.

The Gross Sales:

Sales revenue: $200,000

Cost of goods sold: $120,000

Total = $200,000 - $120,000

=$80,000

Expenses:

Sales allowances and discounts: $5,000

Sales discounts: $3,000

Total= $5,000 + $3,000

= $8,000

Therefore, net sales = Gross Sales – Returns – Allowances – Discounts

$80,000- $8,000

=$72,000

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Which of the following is a service?
A restaurant meal
B taxi cab ride
C dry-cleaning fluid
D concert t-shirt

Answers

Answer:

B: Taxi cab ride

Explanation:

Because the rest you do youself and the taxi ride someone or you are doing it for someone else

Describe the methods of market management of cattle products​

Answers

Open bids at auction markets, producer or breed association sales, video auctions, computer auctions, direct sales to packers, sales to livestock order buyers, or using the futures or options market as a hedging strategy are further methods for market livestock.

What are the strategies for marketing cattle?

Other techniques for determining the price of livestock include open bids at auction markets, producer or breed association sales, video auctions, computer auctions, direct sales to packers, sales to livestock order buyers, or using the futures or options market as a hedging strategy.

Cattle producers need good handling facilities to perform recommended management procedures like immunising, identifying, castrating, dehorning, implanting, and checking for pregnancy.

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morgan is moving to a new city. she should consider each of these factors when selecting a new financial institution except

Answers

Answer:

all except PMI

Explanation:

10)
How might a mission statement help Donna with her new
business?

Answers

A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.

It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.

Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.

Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.

Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.

A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.

In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.

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________leads to better quality and lower prices?
A. Scarcity
B. Competition
C. Monopolies
D. Studying macroeconomics
Please help!!

Answers

Answer:

a

Explanation:

because it makes sense in the sentence

Jazelle Momba wants to visit her family in Zimbabwe in 2025, which is 8 years from now. She knows that it will cost approximately $7,300 including flight costs, on-the-ground costs, and extra spending money to stay for 4 months. If she opens an account that compounds interest at 4% semiannually, how much does she need to deposit today to cover the total cost of her visit

Answers

To calculate the amount Jazelle needs to deposit today, we need to use the present value formula. The present value formula calculates the current value of a future sum of money based on a given interest rate and time period.


In this case, we know that Jazelle needs $7,300 in 8 years, and the account compounds interest at 4% semiannually. To calculate the present value, we can use the following formula:
PV = FV / (1 + r/n)^(n*t)
Where PV is the present value, FV is the future value, r is the interest rate, n is the number of times interest is compounded per year, and t is the time period in years.
Plugging in the values, we get:
PV = 7,300 / (1 + 0.04/2)^(2*8)
PV = 4,787.51
Therefore, Jazelle needs to deposit $4,787.51 today in order to have enough money to cover the cost of her visit to Zimbabwe in 8 years. It's important to note that this calculation assumes no additional contributions or withdrawals from the account, and the interest rate remains constant. Jazelle may need to adjust her deposit amount if any of these factors change.

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To compute net income for a merchandiser, you will start with net sales, subtract cost of goods sold and subtract other.

Answers

The next items to subtract from net sales in order to compute net income for a merchandiser are Expenses.

What are the expenses for a merchandiser?

The expenses for a merchandiser include selling and distribution expenses.  Others are administrative expenses, including depreciation for long-term assets, and tax expenses.

Thus, o compute net income for a merchandiser, you will start with net sales, subtract the cost of goods sold and subtract other expenses.

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when communicating student exam results to stakeholders, it's important to ensure that they have a clear understanding of the context, methods, and results of the assessment data. this includes which of the following? select all that apply:

Answers

The main objective of any communication of assessment results should be to inspire action. Accordingly, outcomes have the highest likelihood .

How do you inform pupils of assessment results?

Gratitude for taking the test is due. Recognize that you are aware that exams are typically difficult. In order to make your learning as relevant as possible when you are enrolled in the ABE program, explain what the score can inform the student and teacher (we can know where your strengths are and where we need to focus your lessons).

How do you inform stakeholders of evaluation results?

A centralized and open source for all test results must be established in order to convey test results to stakeholders. Once that has been done, the link needs to be sent via email to every team member so that everyone can access them, including stakeholders outside the testing team.

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this is one of the questions I have and I have no idea what they might be
The following are quotes your parents might say, identify the limited means in the situation.
1 “You get one treat or go without”
2 “No we are not stopping, just hold it”

Answers

Answer:

1) You get what you get and don't throw a fit?

2)Be patient???

I hope this helps TwT

tennies clinic uses client-visits as its measure of activity. during november, the clinic budgeted for 4,300 client-visits, but its actual level of activity was 4,290 client-visits. the clinic has provided the following data concerning the formulas used in its budgeting and its actual results for november: data used in budgeting: fixed element per month variable element per client-visit revenue $ 0 $ 37.40 personnel expenses $ 31,500 $ 12.40 medical supplies 2,200 7.80 occupancy expenses 9,600 3.90 administrative expenses 7,900 0.40 total expenses $ 51,200 $ 24.50 actual results for november: revenue $ 160,661 personnel expenses $ 84,652 medical supplies $ 36,512 occupancy expenses $ 25,831 administrative expenses $ 9,367 the spending variance for medical supplies in november would be closest to:

Answers

The spending variance for medical supplies in November is closest to $2,732.50.

This variance can be favorable, where the actual cost is lower than the budgeted cost, or unfavorable, where the actual cost is greater than the budgeted cost.

To calculate the spending variance of medical supplies;

The spending variance for medical supplies in November is closest to $2,732.50.- (Budgeted fixed element + (Budgeted variable element * actual level of activity))

Budgeted fixed element per month for medical supplies = $2,200 Budgeted variable element per client-visit for medical supplies = $7.80 .Actual medical supplies cost = $36,512 Budgeted variable element per client-visit * actual level of activity = $7.80 * 4,290 client-visits = $33,492 .

Add budgeted fixed element to the budgeted variable element * actual level of activity = $33,492 + $2,200 = $35,692 Spending variance for medical supplies in Novem ber = Actual medical supplies cost - (Budgeted fixed element + (Budgeted variable element * actual level of activity))= $36,512 - $35,692= $820

The spending variance for medical supplies in November is $820.What is a spending variance?The difference between actual costs and expected costs is known as a spending variance. A spending variance happens when the actual expense of a business differs from its budgeted or projected cost.

This variance can be favorable, where the actual cost is lower than the budgeted cost, or unfavorable, where the actual cost is greater than the budgeted cost.

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bryne co. sells merchandise and collects a 5% state sales tax. the tax is recorded on bryne's general ledger as a(n) account. multiple choice question. revenue asset expense liability

Answers

Bryne Co. sells merchandise and collects a 5% state sales tax. The tax is recorded on Bryne's general ledger as a liability account. The correct option is d.

All liabilities that are subject to legal obligation and payable to a third party are kept in a liability account. A company's general ledger has liability accounts, which are combined to form the liability line items on its balance sheet. Accounts payable, accrued liabilities, deferred revenue, interest due, notes payable, taxes payable, client deposits, and salaries payable are a few examples of the several types of liability accounts that a business may utilise.

Any entries that boost a liability account's balance display on the right side of the journal entry since a liability account's natural balance is a credit.

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Explain the concept of inter cropping in brief . (5) note: it should be of 5 marks​

Answers

Answer:

Inter cropping is a type of multi cropping where the farmer cultivates two or more crops in a field simultaneously. Inter croping is a sustainable practice that can improve resource-use efficiency, such as nutrients and water, allowing low input agricultural practices.

Explanation:

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suppose the price of a good in a market with three customers is $200. the first customer is willing to pay $200. the second customer is willing to pay $205. the total consumer surplus in the market is $15. how much is the third customer willing to pay? please choose the correct answer from the following choices, and then select the submit answer button. answer choices $195 $215 $210 $220

Answers

The third customer is willing to pay c) $210.

Consumer surplus is the difference between what a consumer is willing to pay for a good and the actual price they pay. In this case, the first customer is willing to pay the exact price of $200, so their consumer surplus is zero. The second customer is willing to pay $205, which means their consumer surplus is $5 ($205 - $200).

To calculate the third customer's willingness to pay, we need to subtract the total consumer surplus from the sum of what the first two customers are willing to pay.

$200 + $205 = $405

$405 - $15 = $390

Therefore, the third customer is willing to pay $390 - which is divided equally among three customers - $130. So, the third customer is willing to pay $200 + $5 + $130 = c) $210.

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You just took out a​ $12,000 loan for your small business. The loan has a four year term and repayment is in the form of four equal endminus−ofminus−year payments. The interest rate on the loan is​ 11. 5%. Consider the final loan payment. How much interest do you pay in the final​ payment?

Answers

The interest paid in the final loan payment is $1,380

To calculate the interest paid in the final loan payment, we need to first calculate the total interest paid over the four-year term of the loan, and then divide that by four to determine the amount of interest paid in each end-of-year payment.

Using the formula for calculating simple interest, we can find the total interest paid over the four-year term:

Total Interest = Principal x Rate x Time

where Principal is the loan amount, Rate is the interest rate, and Time is the length of the loan in years.

Plugging in the values given in the problem, we get:

Total Interest = $12,000 x 0.115 x 4 = $5,520

So the total interest paid over the four-year term is $5,520.

Dividing this by four, we get the amount of interest paid in each end-of-year payment:

Interest in final payment = $5,520 / 4 = $1,380

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.

Which employee had the highest earned commission? What specifically was their commission amount?

Answers

Commission simply means a form of variable-pay remuneration for services that are rendered or products sold.

What is commission?

Your information is incomplete. Therefore, an overview will be given. A commission is a payment that an employee makes based on a sale.

For example, when an employee sells a product for $500 and they get a 10% commission on all sales, then the employee will earn $50 on that sale.

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A company can raise money by doing all but which of the following?
A. Conducting an initial public offering
O B. Taking a loan
C. Providing stock options to executives
D. Issuing bonds

Answers

Your awnser is B because if you take a loan you have to pay it back which means you didn’t earn anything more than what you already had

Answer:

B

Explanation:

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a solution contains 0.0660 g of oxalic acid, h2c2o42h2o ,in 250. ml. what is the molarity of this solution? Can someone please give me the (Answers) to this? ... please ...I need help. A sales tax on common, ordinary items is an example of aA. per-unit excise tax on productionB. progressive taxC. regressive taxD. lump-sum tax on consumptionE. negative externality Bentley invested $430 in an account paying an interest rate of 2.5% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $510? How do I write this in spanish using the picture? Why can water molecules store energy in more ways than neon atoms?Select the correct answer.A. Water molecules can rotate, but neon atoms cannot.B. Water molecules can collide with other particles more than neon atoms can.C. Water molecules can change their speed, but neon atoms cannot.D. Water molecules can absorb heat more easily than neon atoms can. Plss help will give brainliest to fastest and best answer Question 3(Multiple Choice Worth 2 points)(04.03LC) Listen and choose the correct option that matches the audio.I think this is what the audio says:la lampara esta la le sofChair and table on a rug with a lamp to the left of the rug, the table, and the chair Living room with a lamp on a table next to a couch and a coffee table in front of the couch Living room with a small couch, a lamp over it, a small table and console, one window on the left A living room with a chair next to a couch, in front of a table, with a window by the couch . Use the function below to answer (a) through (c). (a) Use completing the square to write the quadratic function below in the form f(x)=a(xh)^2+k and f(x)=x^2+6x+4 (b) Use your answer in part (a) to identify the vertex of the parabola. (c) The graph of the function has a (circle one) maximum minimum value at 13 . Read the paragraph.Samuel Slater worked in a textile factory in Britain. Britain was the first country to invent a machine that spins thread. This spinning machine sped up the production of cloth. The British wanted to maintain their manufacturing advantage, so it was illegal to take the plans for those machines out of the country. It was also illegal for trained textile workers to leave. However, Samuel Slater wanted to go to the United States, so he left Britain in disguise. Once he reached the United States, he built a spinning machine from memory. By doing so, he brought industrialization to America.Which of the following would be the best topic sentence to discuss Samuel Slaters influence on industrialization?Slater learned how to operate a spinning machine in Britain.Slater ran a machine that speeded up cloth production.Slater helped industrialization spread from Britain to the United States.Slater broke the law that forbade taking plans out of the country. 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What is the width of the walkway. what were some of the major policies of the nixon administration on social and economic issues? it is important to nico that his social studies notes include both details and summaries. he feels that being able to review both will help him study. which note-taking method would be most useful for nico? to which supply chain design issue does the mantra faster, better, cheaper refer to? a. increasing customer demands b. increasing clockspeeds c. greater levels of outsourcing d. globalization e. lean operations If f(x) = 2 8, what is f(1. 8)? 4 6 10 12. Prepare the issuer's journal entry for each of the following separate transactions a. On March 1, Atlantic Co. issues 48,500 shares of $3 par value common stock for $315,500 cash. b. On April 1, Antigo Company issues no-par value common stock for $82,000 cash. c. On April 6, MPG issues 3,200 shares of $25 par value common stock for $51,000 of inventory, $160,000 of machinery, and acceptance of a $101,000 note View transaction list Journal entry worksheet 3 Record the issuance of 48,500 shares of $3 par value common stock for $315,500 cash. Note: Enter debits before credits Transactio General Journal DebitCreditPrevious questionNext question Which of the following resulted from Spains rivalry with the other nations of Western Europe:A) Spain defeated its rivals militarily and added them to its empire.B) Spain joined with the other nations of Western Europe and formed a union with them.C) Spain ignored any threats from its rivals.D) Spain spent large sums of money on weapons and warships. Which of the three situations given below is best modeled by an exponential function?I. A bacteria culture doubles in size every day.II. A plant grows by 1 inch every 4 days.III. The population of a town declines by 5% every 3 years.