FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Alex is the purchase assistant. He bought a hard drive for the company. The accountant asked for a receipt as proof of purchase. What accounting

Alex is the purchase assistant. He bought a hard drive for the company. The accountant asked for a receipt as proof of purchase. What accounting principle is the accountant complying with. a. realization b. objectivity c. mathing d. consistency e. duality

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Accounting An Introduction To Financial And Management Accounting

Business Accounting An Introduction To Financial And Management Accounting

Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis

2nd Edition

0230276237, 978-0230276239

More Books

Students also viewed these Accounting questions

Question

★★★★★
Brann Products, located in Ann Arbor, Michigan, produces two lines of electric toothbrushes: Deluxe and Standard. Because Brann can sell all the toothbrushes it can produce, the owners are expanding...

Answered: 1 week ago

Question

★★★★★
Determine A - B. -8 -6 -5 1 -5 -10 -11 B = -5 -7 -7 1

Answered: 1 week ago

Question

★★★★★
1. Make sure you can see over partitions.

Answered: 1 week ago

Question

★★★★★
Data Integrity Company performed $1,000 of services on account for a customer on January 5. The same customer paid $600 of the January 5 bill on January 28. Requirement 1. Identify the three steps to...

Answered: 1 week ago

Question

★★★★★
coss=-(8)/(17 )and cost=-(3)/(5),s and t in quadrant lll

Answered: 1 week ago

Question

★★★★★
Rufaro has been a full-time student at the University of Manitoba for the past four years. She has just completed her bachelor of commerce degree from the Asper School of Business and her last day of...

Answered: 1 week ago

Question

★★★★★
Consider this game - you roll a fair die, and if it falls 1 through 5, you win that many dollars (i.e. the number you rolled), but if it is six, you lose 14 dollars. Would you play the game? More...

Answered: 1 week ago

Question

★★★★★
Martin Ho owns the following farm properties: Land The ACB is $435,000 and the FMV $584,000. Barn The barn has a UCC balance of $140,000, a capital cost of $165,000, and a FMV of $175,000. The...

Answered: 1 week ago

Question

★★★★★
The Johnstown Axle Company is working on creating its Finished Goods Inventory Budget. They anticipate the following: Manufacturing Overhead and Direct Labor are allocated per hour and Direct...

Answered: 1 week ago

Question

★★★★★
CASE STUDY 1 Read the case below and answer the questions that follow: [10] John applied for the post of supervisor at Amazing Textiles (Pty) Ltd, a textile factory. At his final interview he made it...

Answered: 1 week ago

Question

★★★★★
Case study In the highly competitive world of music streaming, Pandora chose to maintain a very employee centric model of work. The organization was proud of several HR initiatives which it thought...

Answered: 1 week ago

Question

★★★★★
Why are diversity, equity, and inclusion initiatives strategically important?

Answered: 1 week ago

Question

★★★★★
How would you go about creating a diversity, equity, and inclusion program?

Answered: 1 week ago

Question

★★★★★
What are the purposes of HR policies and why might you want to have them in place?

Answered: 1 week ago

Previous Question Next Question