How should an entity determine the number of accounts it should keep in its general ledger?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (16 reviews)
The number of accounts is determined by the information needs of management and financial reporting ...View the full answer
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
The Agricultural Genetics Company's Cash account in its general ledger reported a balance of $6,782 on May 31, 2017. The company's bank statement from Western Bank reported a balance of $6,405 on the...
-
How can cost- volume- profit analysis determine the number of units that must be sold to achieve a certain profit after taxes?
-
Determine the number of integer solutions to x1 + x2 + x3 + x4 = 19 where - 5 < x1 < 10 for all 1 i 4.
-
Which one of the following statements related to investigations of workplace harassment complaints under Ontario's OHSA is true? a) As a rule, such investigations should be completed with 120 days of...
-
What is a floating exchange-rate system? What is a managed float?
-
Refer to Exhibit 14.8 and the accompanying discussion in the text. EXHIBIT 14.8 A Detailed Comparison of Actual Variable Costs and Flexible-Budget Variable Costs Demonstrate that the purchase-price...
-
Evans \& Sons, Inc., is authorized to issue one million shares of \$1 par value common stock. The company actually sells 700,000 shares at \(\$ 10\) per share. Prepare the journal entry to record the...
-
Carl owns 100% of the issued shares of Compunet. He incorporated Compunet earlier this year to provide computer consulting services to Vitamins Inc., a retailer of energy-producing vitamins. Prior to...
-
Apply the outsourcing decision logic framework to a key activity in GE Healthcare and identify three different types of operations control that exist in GE Healthcare.
-
For its Music 360 survey, Nielsen Co. asked teenagers and adults how each group has listened to music in the past 12 months. Nearly two-thirds of U.S. teenagers under the age of 18 say they use...
-
Why do entities divide assets, liabilities, and owners' equity into sub-accounts rather than accumulating data simply as assets, liabilities, and owners' equity?
-
Why can managers sometimes choose among alternative ways of accounting for transactions and economic events when accrual accounting is used? What are the implications of these choices on the...
-
The Blending Department of Hancock Company has the following cost and production data for the month of April. Units transferred out totaled 14,000. Ending work in process was 1,000 units that are...
-
Calculate the beta of a company. a. What data do we need to collect and what calculations we need to do? b. Draw the graph show how to find the beta, please label the axes.
-
Use Excel to prepare in good form a statement of revenues, expenditures, and changes in fund balance for the General Fund for the year ended December 31, 2023. (See Illustration 4-5 in the textbook...
-
Compute cash flows from financing activities using the above company information. Note: Amounts to be deducted should be indicated by a minus sign. Financing Activities
-
Ali sold 1700 quantity of rings and the price per unit is $11 The company offered 42% trade discount. Calculate the total sales made by Ali
-
The table represents values of differentiable functions f and g and their first derivatives. Use the table of values to answer the questions that follow. Work all of the parts below the line. X f g...
-
Travel discounts as high as 50 percent are available if you know where to look for them. Examples are companion and two-for-one sales on airlines and Amtrak, and second-, third-, fourth-, or...
-
Consider the circuit of Fig. 7.97. Find v0 (t) if i(0) = 2 A and v(t) = 0. 1 3 ett)
-
A polarizing filter is a plastic sheet that allows only certain components of the electric field in an electromagnetic wave to pass through, and a wave that has passed through such a filter is said...
-
Mary and Jack Gray, local golf stars, opened the Chip-Shot Driving Range on March 1, 2010, by investing $25,000 of their cash savings in the business. A caddy shack was constructed for cash at a cost...
-
Lynn Benedict, the bookkeeper for New York Company, has been trying to get the balance sheet to balance InstructionsExplain to Lynn Benedict in a memo why the original balance sheet is incorrect, and...
-
Lynn Benedict, the bookkeeper for New York Company, has been trying to get the balance sheet to balance InstructionsExplain to Lynn Benedict in a memo why the original balance sheet is incorrect, and...
-
Suppose you are a US resident who owns land in London. You are certain that if London booms, your land will be worth 2000 GBP and the exchange rate will be $1.40/GBP. On the other hand, if England's...
-
Explain what "80% confidence" means in a 80% confidence interval. Question content area bottom Part 1 What does "80% confidence" mean in a 80% confidence interval? A. The confidence interval includes...
-
Build a cash flow table as given below using Microsoft Excel when all dollar values are in thousands. Make sure appropriate equations are used to calculate PVs and add all PVs to find NPV. Table 1...
Study smarter with the SolutionInn App