Business
Business, 30.10.2019 00:31, coralaguilar1702

The income summary account is closed to which of the following accounts?

question 10 options:

retained earnings

withdrawals

expenses

dividends

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 21:30, qhenley
An office manager is concerned with declining productivity. despite the fact that she regularly monitors her clerical staff four times each day—at 9: 00 am, 11: 00 am, 1: 00 pm, and again at 3: 00 pm—office productivity has declined 30 percent since she assumed the helm one year ago. would you recommend that the office manager invest more time monitoring the productivity of her clerical staff? explain.
Answers: 3
image
Business, 22.06.2019 16:00, angelinaranee15
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
image
Business, 22.06.2019 19:40, apodoltsev2021
Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.
Answers: 1
image
Business, 23.06.2019 03:10, leximae7720
Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here. paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method. net cash provided $1,940,000
Answers: 1
Do you know the correct answer?
The income summary account is closed to which of the following accounts?

question 10 op...

Questions in other subjects:

Konu
Geography, 13.09.2020 01:01
Konu
World Languages, 13.09.2020 01:01
Konu
Geography, 13.09.2020 01:01
Konu
Mathematics, 13.09.2020 01:01
Konu
Mathematics, 13.09.2020 01:01
Konu
English, 13.09.2020 01:01
Konu
Mathematics, 13.09.2020 01:01
Konu
Mathematics, 13.09.2020 01:01
Konu
Mathematics, 13.09.2020 01:01
Konu
Chemistry, 13.09.2020 01:01