Explain the distinguishing characteristics of (a) A general journal and (b) A special journal.
Question:
(a) A general journal and
(b) A special journal.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
a A general journal is capable of recording any type of business transaction However recording trans...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
Question Posted:
Students also viewed these Accounting questions
-
1. Discuss the distinguishing characteristics of general long-term liabilities and how they are reported 2. Two examples of general long-term liabilities and two examples of other long-term...
-
What are the four market types? Explain the distinguishing characteristics of each.
-
What are the distinguishing characteristics of an executive information system (EIS)? Why have these systems become a part of business intelligence in many companies?
-
Solve for y' y' = y = 71-x 3
-
The total cost (in dollars) of printing x dictionaries is C(x) = 20,000 + 10x. (A) Find the average cost per unit if 1.000 dictionaries are produced. (B) Find the average value of the cost function...
-
Snow Corporations revenue for the year ended December 31, 20X2, was as follows: Snow has a reportable operating segment if that segments revenue exceeds a. $6,000. b. $24,000. c. $120,000. d....
-
A bar magnet is enclosed by a spherical surface. (a) What is the magnetic flux through the entire surface? (b) If the magnetic flux through the hemisphere closest to the magnet's north pole is...
-
On January 1, 2014, Muoy Machining Co. purchased a compressor and related installation equipment for $72,500. The equipment had a three-year estimated life with a $12,500 salvage value ....
-
calculate both intrinsic value and time value for the options that you have picked. ANZ GROUP HOLDINGS LIMITED ANZ LAST PRICE / TODAY'S CHANGE $25.280+$0.350 (1.403 %) Industry Group: Banks VOLUME...
-
How does this case paralleland differ fromthose cases? Go to www.NLRB.gov/ and search for the precedent cases (Roadway, Dial-a-mattress, and St. Joseph News-Press).
-
Evaluate the following statement: Without electronic point-of-sale terminals, it simply would not be possible to use perpetual inventory systems in businesses that sell large quantities of many...
-
How does a balance arise in the Purchase Discounts Lost account? Why does management pay careful attention to the balance (if any) in this account?
-
Use Version 1 of the Chain Rule to calculate dy/dx. y = (5x 2 + 11x) 20
-
1. Calculate the NPV of the following project cash flows which come in at the end of the year: $500 in Year 1, $700 in Year 2, and $1000 in Year 3; using a discount rate of 7%. The firm has a net...
-
Solve and check the linear equation. 3(x-3)+16=2(x+5)
-
Suppose an array holds a sequence of N unique numbers that are sorted in decreasing order. If we move the last P numbers (P
-
Coastal Company budgets sales of $ 1 , 2 1 0 , 0 0 0 , fixed costs of $ 4 0 , 8 0 0 , and variable costs of $ 1 8 1 , 5 0 0 . What is the contribution margin ratio for Coastal Company? b . If the...
-
The CAPM holds, RF =4%, and the expected return on the market portfolio is 6%. Assume continuous compounding. A company will sell 1 unit of gold a year from today. Assume the mean price of gold GT to...
-
(a) What current is needed to transmit 1.00 x 10 2 MW of power at 480 V? (b) What power is dissipated by the transmission lines if they have a 1.00 - resistance? (c) What is unreasonable about this...
-
Cornell and Roberts are partners who agree to admit Stanley to their partnership. Cornell has a capital balance of $80,000 and Roberts has a capital balance of $120,000. Cornell and Roberts share net...
-
List the techniques of OOA based on similarity-based analysis.
-
The following information is related to manufacturing office furniture at Outreach, Inc.: a. Accept and arrange raw materials in inventory1 day. b. Store raw materials in inventory5 days. c. Issue...
-
Pizza Pies Limited has the following value chain for its pizzas. Boxes are designed by Shala Designers Inc. and printed and delivered by Rodoes Printing Co. for $.95 per box. The pizzas are made in...
-
Pizza Pies Limited has the following value chain for its pizzas. Boxes are designed by Shala Designers Inc. and printed and delivered by Rodoes Printing Co. for $.95 per box. The pizzas are made in...
-
Use the statement from the Federal Reserve's May 3, 2023, FOMC meeting to answer the following questions. Here is a link to the statement:...
-
As a medium of exchange, how does the Invention of Money facilitate Exchange, division of labor, specialization, and productivity? Your answers need to be academic. Please explain, step-by-step, how...
-
Critically analyse the impact of China's trade surplus on global trade and determine the implications of this for countries such as South Africa.
Study smarter with the SolutionInn App