What is the importance of Source document??​

Answers

Answer 1

Answer:

The source document is essential to the bookkeeping and accounting process as it provides evidence that a financial transaction has occurred. During an accounting or tax audit, source documents back up the accounting journals and general ledger as an indisputable transaction trail.

Explanation:

Mark as brainliest!!!


Related Questions

Discuss whether or not growth of an industry will increase the profit earned by the firms in the industry.

Answers

Answer: Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.

Explanation:

Industries have their various activities, competition, customers (both prospective and existing). A growth in industry would mean that there is a larger demand for what is been sold in that industry, and when the demand is high, their would be lack, which would create that gap and allow marketers or producers get more profit, based on the high demand now. Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.

Which of the following relers to subsets of an entire market?
O market sets
O potential markets
O target markets
market mixes

Answers

I think it would either be potential markets or target markets but i would probably choose target markets

2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to calculate the estimated cost for July 2014 using 7% sales tax. Then, write the formula you used and the estimated cost in the cell below. Hint: Convert 7% into a decimal for the formula.

Answers

Answer: Hello  your question has some missing details hence I will provide an answer based on the general scope of your question

answer ; =([Cost] * 1.07)

Explanation:

Assuming the table heading for estimated cost in July 2014 is named "Cost"

Total estimated cost

Total =  Cost * ( 1 + Sales Tax )

         = Cost * ( 1 + 0.07 )

         = Cost * 1.07

Excel  equivalent formula used that can be used  = ([Cost] * 1.07)

Customers who owned Nintendo's 8-bit video game console were unable to play the same games on the firm's new 16-bit Super Nintendo system. There was little incentive for existing Nintendo fans to stick with the firm. In this case, Nintendo's new offering suffered from a lack of:
A. effective pricing.
B. switching costs.
C. backward compatibility.
D. network effects.
E. staying power.

Answers

the correct answer is a

Which of these is an educational institution where you can complete an undergraduate
study program in order to get a bachelor's degree?

A 2 year ollege
B Technical School
C Certificate program
D 4 year College

Answers

I do not know the anwser maybe d anwser my questions

How much money does accountents get paid per year? or per month.

Answers

Answer:

ALOT

Explanation:

How Much Does an Accountant Make? Accountants made a median salary of $71,550 in 2019. The best-paid 25 percent made $94,340 that year, while the lowest-paid 25 percent made $55,900.

Answer:

around 50k

Explanation:

Accountants make around $4,700 per month and around 57,900 per year

1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling price is birr 6/unit B, what would be the company cost is it decides to shutdown operation for the next four month

Answers

Answer:

Break Even point Q = 500000

Shut Down Point P < 5

Explanation:

Break Even point is where Total Revenue = Total Cost.

Total cost = 500000 + 5Q, price = 6 (Given) , Total revenue = Price x quantity  

So, TR = TC implies : 500000 + 5Q = 6Q → 500000 = 6Q - 5Q

Q = 500000

Shut Down Point is where firm's Price is < its Average Variable Cost .  

AVC is the variable cost on per unit output, is found out by average of variable component of cost function. C = 500000 + 5Q implies variable cost = 5Q , so AVC = 5Q / Q = 5

So, the firm would shut down if its price would go below AVC , ie if P < 5

As the HR manager of an organization, how can you be fair in providing bonus payments to employees?
A.
fix bonus payments based on competitor salary standards
B.
provide the same percentage of bonus to all employees
C.
link bonus payments to employee performance and targets
D.
provide a bonus to employees based on their seniority

Answers

Answer:

link bonus payments to employee performance C

multiple choice-- economics

You are interested in becoming a business owner. You want the freedom to be your own boss but do not want to deal with all of the stress that comes with starting a new business. What type of business ownership makes the most sense for you? >>

Partnership

Franchise

Corporation

Sole proprietorship

Answers

Answer:

A partnership.

Explanation:

In a partnership you are a part owner of a business, but you share responsibility.

When using your debit card, ask your bank to block any --------- on your account.

Answers

Answer:

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Explanation:

Need help ASAP! A lot of points! Will give brainliest;) NO LINKS please, WILL REPORT

When crafting a promotional message, considering where the message is coming from is important. Which of the following factors is being addressed when you consider where the message is coming from?

A). Message
B). Media
C). Budget
D). Source

Answers

I believe that it is D:source

Answer:

I just took the test, and the answer is D. Source :)

Explanation:

what is the role of advertising in increasing and decreasing economic well being, by giving examples from pakistani market, explain two benefits arises from existence of brand names

Answers

Answer: Advertising plays a key role in the economy (either increasing or decreasing) by providing relevant information to consumers citing what they stand to benefit when they use the product or service, also the price it's sold for.

Explanation:

Advertising could be described as displaying your product before the public for awareness, which could later lead to sales. Advertising plays a key role in the economy (either increasing or decreasing) by providing relevant information to consumers citing what they stand to benefit when they use the product or service, also the price it's sold for.

Having a brand name plays a vital role to organization; the following are some;

- A brand name gives your business a face, it's all your customers need to know about you in a moment.

- A brand name is a marketing tool your customers can use to tell others about your product.

In general, which type of marketing do you think is most effective for events: push or pull marketing?

Answers

Answer:

Push marketing is the faster way for businesses to gain immediate and fast cash flow right away. I would say this is the most effective.

Explanation:

In which situation would a person pay more in income tax than he or she did
the year before?
A. The salary a person earned increased.
B. The number of dependents the person had increased.
C. The amount the person spent on electronics increased.
D. The value of the person's home increased.

Answers

Answer:

I got the answer from above wrong so here's the answer that was correct for me

ANSWER:  The salary a person earned increased.

hope I helped.  

Explanation:

Answer:

When the salary  of a person earned increased he or she have to pay more  income tax than year before.

Explanation:

Why do we pay taxes?

Most governments rely on taxes as their primary source of revenue. This money is used to fund public services such as schools, emergency services, and social programs, as well as to repair and maintain public infrastructure, such as the roads we commute on.

Income Tax-

Governments levy income taxes on enterprises and persons operating within their jurisdiction. Income tax is used to fund government services, pay debts, and give commodities to citizens.

Example-

Someone earning $30,000 per year may pay 25% of their income in taxes, whereas someone earning $300,000 or more may pay 35%. Income tax is defined as "a tax on the earned and unearned income of people and trusts" in the Financial Times' glossary of terminology.

The higher your income, the higher the percentage of it that gets taxed.

Learn more about Income Tax here-

https://brainly.com/question/26316390

#SPJ2

A company is considering several Customer Relationship Management (CRM) providers and wants to understand what customizations each platform can offer. What is a good indicator of a CRM software's customization capability?

Answers

Answer:

A Good indicator is Ability to Alter or change existing features in the CRM platform to suit the exact need of the company .

Explanation:

A Good indicator of a CRM software customization capability include;

Ability to Alter or change existing features in the CRM platform to suit the exact need of the company .

The presence of this customization in any CRM platform shows that the CRM platform is good i.e. This customization is an example of a good indicator in the CRM platform.

if anyone sees this can they help me out? how should a consumer seek remedy once they have experienced unfair financial practices A trust in the other party to accurately adjust any errors made on their behalf B Contact the other party one time only as opposed to multiple communications C Contact local media organization to reveal any wrongs committed by the other party D Take steps to properly file a dispute and engage an advocate to handle their case How are consumers responsible for their own security A They should create simple passwords using birthday and names instead of something more complicated B They should always use open public networks because they are more secure than private networks C They must join an identity protection service to protect themselves from identity theft D They should use and regularly update an antivirus program to protect their personal information Which statement correctly describes an internet security issues A Phishing is an illicit software program which unwittingly sends private account information from a user's computer B Spyware are individuals who attempt to get access to another person's computer to harm it somehow C A virus is a harmful program that gets loaded onto a user's computer after visiting an infected website D Hackers are attempts to deceive people into revealing personal information with fraudulent emails and social media requests​

Answers

Answer:

B

Explanation:

your welcome

What is a key aspect of the global economy that works against you when trying to save and invest?

Answers

Answer: Instability in currencies and crude oil

Explanation:

Investing and saving takes a toll on individuals when there in an unstable economy, they may have some property or money and in some moment it losses value. The following are global key aspect of the economy that can affect investment and saving;

-Instability of currencies; for someone whose local currency is far lower than dollars(the general trading currency), they would find it hard to invest most especially if the country imports most of what they use. They could get an item for a particular price in January and in the next week's, their local currency falls, they may not be able to afford that same item they got.

- Crude oil price; due to a large percentage of the world uses crude oil, it's rise and fall in prices affects a lot of people and their investment

A vast global network that is made up of many smaller interconnected networks is known as

Answers

Answer:

The internet

Explanation:

A company takes out a loan for $5 million, which it has to pay back in five years, and it has to pay interest at the end of every year. The interest rate is 5.5%. • How much interest does the company have to pay every year?

Answers

Answer:

the interest that need to pay each year is $275,000

Explanation:

The computation of the interest that have the company to pay every year is shown below;

= Principal × rate of interest × time period

= $5,000,000 × 5.5% × 5

= $1,375,000

Now for each year it is

= $1,375,000 ÷ 5 years

= $275,000

Hence, the interest that need to pay each year is $275,000

PLEASE do your best on these questions, it’s 75% of my grade

Answers

Answer:

C

Explanation:

Im pretty sure its C. Everyone has to sign a lease when renting something

C it’s mandatory to be on a lease for a apartment or house

With reference to above statement,how would sustainable consumption and production impact the society?​

Answers

I don’t know the answer but you may find it here

https://sustainabledevelopment.un.org/topics/sustainableconsumptionandproduction/decisions

mention one Islamic song and recitation​

Answers

Answer:

islamic song: SURAH AL IMRAN HOLY QURAN,  BEAUTIFUL HOLY QURAN

I hope it helps you

please do your best. 75% of my grade

Answers

Answer:

Question 5 is rent

Question 6 is utilities

In an import-oriented distribution structure,A. the importer-wholesaler traditionally performs most of the marketing functions.B. the relationship between the importer and any middleman is similar to that found in a mass-marketing system.C. several independent agencies provide functions such as advertising, marketing research, and financing.D. the idea of a channel as a chain of intermediaries performing specific activities is common.E. the distribution system is national in scope.

Answers

Answer:

A. the importer-wholesaler traditionally performs most of the marketing functions.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

An import-oriented distribution structure is also referred to as a traditional distribution structure and it typically involves controlling a fixed supply of goods by an importer while selling a limited supply of the goods (products) at a higher price to a small group of rich or affluent customers.

This ultimately implies that, in this type of distribution structure, demand for goods usually exceeds the quantity of goods supplied.

Hence, in an import-oriented distribution structure, the importer-wholesaler traditionally performs most of the marketing functions.

Products within the production
machining technology industry are
made by which of the following?
A. A computer program
B. On an assembly line
C. By hand

Answers

Answer:

a computer program I think

Adam borrowed money to buy a new car. The bank has a lien on the car. What could happen if Adam doesn't make his payments on time.

Answers

Answer: The bank could sell the car.

Explanation:

A lien refers to a claim against an asset which is used as a collateral in order to satisfy a debt.

Since we are informed that Adam borrowed money to buy a new car and that the bank has a lien on the car, in a situation whereby Adam doesn't make his payments on time, the bank can end up selling his car and use the fund to settle the debt that he owes.

People of Brainly, who was your worst bully, and how did you stop them?

Answers

Hi! I’ve never really had a bully I guess you could say but I’ve had some bad friends. My suggestion is to kinda cut away from them if you can. If I was you I would try and find someone you could trust to say how you feel about the bully. I would try and talk to the bully if possible and ask them what’s going on and why they are doing it to you if you don’t know. If you don’t know already I would try to figure out what the reason they are bullying you for like what is there reason.

Match the example with the type of individual difference and advantage it shows.

Answers

Answer:

Sergey likes to play soccer in his free time = Hobbies

Scott's parents moved from the U. S. to Australia = Background

Bihn wants to make enough money to send his children to school = goal

Yolanda us outgoing and able to make friends quickly = Ability

Cheyenne is currently working as a junior dance teacher in a big studio, to learn what she would need to know when she opens her own someday = experience

Melanie cares about fitness and the outdoors so she often participates in active outdoor activities like biking and mountain climbing = Lifestyle

Amandos favourite subject in school is world history = interest

_____ and _____________ are critical, and needs to be built into the overall process of relationship

Answers

Answer: The options related to your question is missing hence i will provide you with a general answer on process of relationship

answer : wholehearted love and  Decision are critical

Explanation:

The overall process of any kind of relationship passes through five specific stages and each relationship passes through these stages repeatedly . the stages are ; The merge stage , doubt stage , disillusionment , decision and love ( whole hearted )


6. Which of the following has the lowest liquidity?
Savings Account
Checking Account
Cash

House

Answers

Answer:

house (if that was even an option it looks like it though)

Explanation:

Land, real estate, or buildings are considered the least liquid assets because it could take weeks or months to sell them. Before investing in any asset, it's important to keep in mind the asset's liquidity levels since it could be difficult or take time to convert back into cash.

Answer:

me i swear and BC of drugs and my parents didn't put a silver spoon in my mouth along with I fix problems only god himself could make quickly years to minute if not seconds

Other Questions
help what's 1x1+9x20 Describe different types of motion with examples. (4) (b) difference between scalar and vector. (2) (c) A car has a velocity of 10 ms-1. It accelerates at 0.2 ms-2for half minute. Find the distance Help I dont know how todo this and Id appreciate it if someone could help me A thermometer reads a pressure of 120 kPa at 0 C. What is the temperature when the thermometer reads a pressure of 80 kPa? (Celsius + 273 = Kelvin) Use Gay Lussac's Formula to solve. 182 K 192 K 202 K 212 K Nosotros __________ muy amigosa. esb. somosc. sond. soy Find the values of x and y Need help ASAP. Dont understand how to do this Find the length of missing side BC and AC.Best answer gets brainliest!!! hii! please help asap. ill give brainliest 2Fe2O3 + 3C 4Fe + 300,When 9.20 moles of carbon dioxide are produced from the reaction above, how many moles of Iron(III) Oxide must have been present before the reaction took place? please write This Informal letter I do brainliest help Please fast Qual O valor de (6-2,4) :0,6 How does society treat the elderly? The GIverBook: The GIverHELP HELP HELP A drug company conducts trials of a new vaccine for a rare but usually fatal disease. The company creates ageometric model for this trial and establishes p=0.2 as the probability of success.What can be said about this model?Select all that apply.1)The company predicts 4 failures before a success.2)Each trial is independent.3)The probability is the same for each trial.4)The probability that the vaccine will be effective is p = 0.8.5)Success is defined as preventing the disease.6)The company predicts 8 failures before a success.7)Success is defined as p = 0.2. can someone help me I'm stuck. Which group of people was at the very bottom of India's caste system ? A sphere fits inside a cube with the sphere's diameter equal to the width of the cube, 20 centimeters. What is the volume of the cube not filled by the sphere? Round to the nearest cmA) 3813cmB) 3225cmC) 4079cmD) 3546cm Plz help If you give a good answer I will mark you brainlyest. Answer quickly! It very urgent NO LINKS!!!! Find each measurement indicated. Round your answer to the nearest tenth. Part 2c