Why is the accounts payable subsidiary ledger often organized in alphabetical order?
Question:
Why is the accounts payable subsidiary ledger often organized in alphabetical order?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
By placing the accounts payab...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
Question Posted:
Students also viewed these Business questions
-
Why is the accounts payable subsidiary ledger often organized in alphabetical order?
-
Why is the accounts receivable subsidiary ledger usually organized in alphabetical order?
-
A vendor account in the accounts payable subsidiary ledger of Frank Company follows. Describe the three posted transactions. LESLIE CARTER Balance Date Post. Ref. Debit Credit Debit Credit 1,800...
-
Perform the indicated operations. Let k be a natural number. a. (-2) c. (-2)4 e. Is (-2)2+ positive or negative? b. (-2) d. (-2)5
-
Samples of three types of ropes are tested for breaking strength. The data (in pounds) are shown here. At = 0.05, is there a difference in the breaking strength of the ropes? Use the Kruskal-Wallis...
-
A consumer rights organization wants to find out whether a local dairy farm actually puts 16 oz of milk into the container that is labeled 16 oz. Assume the milk put into the container by the local...
-
Explain what the following accounting terms mean: a. Cost principle b. Conservatism
-
1. Do you agree that the entrepreneurs company is not sellable? 2. Are there any other options for the entrepreneur besides selling his business? 3. What would you recommend the entrepreneur do? Why?
-
Units Beginning work in process inventory 32,000 Percent Complete 65% Percent Complete 35% Units started this period 410,000 Completed and transferred out 412,000 Ending work in process inventory...
-
Consider CAPM theory with the AEX-index as market portfolio (mpf). Assume that the mpf has expected (annual) return rM = 8%, and volatility oM = 25%. The risk free rate is 2%. a) make a sketch of (i)...
-
When is a purchases journal used?
-
Explain the use of the controlling account Accounts Payable with the accounts payable subsidiary ledger.
-
Explain in your own words how Addison used Access to implement each of the five criteria that she and Drew developed.
-
Rewrite as sums or differences of logarithms. log b (xyz)
-
1. During a free kick (the ball is not moving previous to being struck) a soccer ball is kicked upward at a 40 degree angle (relative to the ground) with an initial velocity of 30 m/s. The players...
-
Suppose matrix B has dimensions 5 \ times 3 and the matrix product AB has dimensions 1 \ times 9 What are the dimensions of matrix A ?
-
demonstration of QuickSort on the [3,6,4,1,2,5,7,4] list. b) What happens when you're done? c) Describe an arrangement of the digits 1 to 8 that would make this algorithm very slow and explain why....
-
return is 17% ,beta is 1.7 risk free is 3% what is market risk premium. 2. dividend of 7.98 rate of return is 21% what is current stock price. 3. coupon rate is 10% maturity of 8 yrs current market...
-
Does it make sense for G to represent the brand beyond the attribute of hydration?
-
For the data in Exercise 17-19, use the FIFO method to summarize total costs to account for, and assign these costs to units completed and transferred out, and to units in ending work in process....
-
The payroll register for Rice Company of Sackville is summarized below for the month of April, 2018. The union dues are remitted to the treasurer of the union by the 10th day of the next month. Rice...
-
The payroll register for Rice Company of Sackville is summarized below for the month of April. The union dues are remitted to the treasurer of the union by the 10th day of the next month. Rice...
-
The Ripcord Parachute Club of Burlington employs three people and pays them on a weekly basis. Payroll data for the four weeks in February are shown below: Assumptions Employees pay 100% of the cost...
-
What should be the current price of a stock if the expected dividend is $5, the stock has a required return of 10 percent, and a constant dividend growth rate of 3 percent?
-
A project has an initial cost of $35,000, expected net cash inflows of $14,000 per year for 11 years, and a cost of capital of 10%. What is the project's PI? (Hint: Begin by constructing a time...
-
Again, as a consultant to Mr. Entrepreneur, you are asked to rank the proposals using the IRR (Internal Rate of Return) method. Which project should be selected under the IRR approach? What is the...
Study smarter with the SolutionInn App