What is a journal, and how is it used in the accounting process?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (19 reviews)
Journal is the book of original entry where every acc...View the full answer
Answered By
Kamalakanta Nayak
I have completed B.Tech and MBA. I have been teaching students both offline and online mode. I teach both physics and math for CBSE, ISC, IB, AP-1,2,C, IGCSE, GCSE, AQA, EDEXCEL, CIE, OCR. I prepare students for NEET, JEE, and MCAT. I work at any student's level from any Curriculum with concept driven Real-life examples and Goal-Oriented Teaching, making the concepts so simple that you can understand it regardless of prior knowledge. Clear your fundamentals and develop problem-solving skills and analytical skills to crack the exam. Get guidance and the opportunity to learn from experienced...
1. I can help you with your assignments or exams or quiz or tutoring.
2. Very strict to the deadlines.
Message me for any help in assignments, live sessions. I am here to help students for all assignments, tests and exams and I will make sure you always get _95% In your subject. Contact me in solutioninn for any help in your semester, projects and for many more things . Also feel free to contact me through solution inn and for any advice related to tutoring and how it works here.thank you.
0.00
0 Reviews
10+ Question Solved
Related Book For
Introduction to Governmental and Not for Profit Accounting
ISBN: 978-0132776011
7th edition
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
Question Posted:
Students also viewed these Accounting questions
-
What is operations management and how is it used in both manufacturing and service organizations?
-
What is sales promotion and how is it used in international marketing?
-
What is market segmentation and how is it used in tar-get marketing?
-
The boundedness theorem shows how the bottom row of a synthetic division is used to place upper and lower bounds on possible real zeros of a polynomial function. Let P(x) define a polynomial function...
-
Lisa has a $25,000 basis in her partnership interest before receiving a current distribution of $4,000 cash and land with a $30,000 FMV and a $14,000 basis to the partnership. Assume that any...
-
Christmas Express makes wreaths in batch sizes of 22. The cutting and assembly process takes 4 minutes per wreath, and the decorating process time is 13 minutes per wreath. It takes 3 minutes to move...
-
Given the following fixed and variable costs and the volumes, calculate the total and unit costs. Fixed Variable Volume Total Unit cost cost (units) cost cost $200.00 $10.00 100 $200.00 $7.00 1000...
-
1. Discuss the factors that may cause Jane to intentionally and unintentionally distort her ratings of Barb and George. 2. Evaluate the kinds of training programs that could help minimize the factors...
-
Scroll down to complete all parts of this task. Select from the option list provided whether each organizational arrangement or control below is typically used in e-commerce sales systems, in manual...
-
Refer to the data for Rachel's Real Root Beer in Case 6-19. Assume the company uses the FIFO method. Required: Take on the role of Switzer and prepare the report for Archer. Be sure to provide all...
-
Identify the rules of debit and credit with respect to assets, liabilities, equity, revenues, and expenses.
-
What is a ledger, and how is it used in the accounting process?
-
Milken Manufacturing has three product lines. The companys new accountant, Marvin LaSance, is responsible for allocating facility-level costs to these product lines. Mr. LaSance is finding the...
-
Financial strength can be defined as the capacity to produce enough cash flows and earnings to pay creditors, investors, and other debts, as well as to cover expenses. Even though sales by themselves...
-
The RMS Titanic was the most technologically advanced liner in the world in the year 1912. At 11:40pm or Sunday, April 14 of that year, the Titanic struck an iceberg and sank in less than three...
-
1. A management consultant is hired by a manufacturing firm to determine the best site for its next production facility. The consultant has had several meetings with the company's senior executives...
-
The figure below shows that a pump is used to transfer water from a reservoir at ground level to a storage take that is elevated. The pump is located 10 ft above the water surface of the reservoir...
-
P6-3 (Algo) Comparing and Contrasting the Effects of Inventory Costing Methods on Financial Statement Elements LO6-2, 6-3 Neverstop Corporation sells item A as part of its product line. Information...
-
Using the information in the table below, calculate the C-section rate, the newborn death rate, and the fetal death rate at University Hospital for the month of July, Round to two decimal places....
-
For the given transfer function: Vo(s) / Vi(s) = (s^2C^2R^2 + 1) / (s^2C^2R^2 + 4sCR + 1) Assumiing that 1/(CR) = 120 PI so write the matlab code to find the magnitude plot
-
How is the present value of the cash flow for month T on interest rate path n determined?
-
Assume that the risk-free rate is 6 percent and the expected return on the market is 13 percent. What is the required rate of return on a stock that has a beta of 0.7?
-
The market and Stock J have the following probability distributions: a. Calculate the expected rates of return for the market and Stock J. b. Calculate the standard deviations for the market and...
-
Suppose rRF = 5%, rM = 10%, and rA = 12%. a. Calculate Stock As beta. b. If Stock As beta were 2.0, what would be As new required rate of return?
-
Sam owns a 25% in Spade, LLC. In 2021, Spade reports $100,000 or ordinary income. What is Sams qualified business income (QBI) deduction? answer is 5,000 but please show how to get it
-
crane Inc. common chairs currently sell for $30 each. The firms management believes that it's share should really sell for $54 each. If the firm just paid an annual dividend of two dollars per share...
-
Determine the simple interest earned on $10,000 after 10 years if the APR is 15%
Study smarter with the SolutionInn App