Business, 29.01.2021 16:40 moutchyjoseph

Identify which department has stewardship over the following journals, ledgers, and files. a. Customer open order file
b. Sales journal
c. Journal voucher file
d. Cash receipts journal
e. Inventory subsidiary ledger
f. Accounts receivable subsidiary ledger
g. Sales history file
h. Shipping report file
i. Credit memo file
j. Sales order file
k. Closed sales order file

Answers: 3

Show answers

Answers

Answer from: Rogeartest4

a. Customer open order file ⇒ SALES ORDER DEPARTMENT

This department deals with customer orders so they open the customer open order file.

b. Sales journal ⇒ BILLING DEPARTMENT.

In order the know how much to bill customers, this department does the sales journal.

c. Journal voucher file ⇒ BILLING DEPARTMENT

Journal voucher file is derived from the sales journal so it also falls under the billing department.

d. Cash receipts journal ⇒ CASH RECEIPTS DEPARTMENT

Cash receipts department are in charge of cash transactions that involve receipts so they are in charge of making the relevant journal.

e. Inventory subsidiary ledger ⇒ INVENTORY CONTROL DEPARTMENT

f. Accounts receivable subsidiary ledger ⇒ ACCOUNT RECEIVABLE DEPARTMENT

As the department in charge of transactions related to the Account receivables, this department is in charge of the ledger that records these receivables.

g. Sales history file ⇒ SALES DEPARTMENT

h. Shipping report file ⇒ SHIPPING DEPARTMENT

The shipping report file shows details of goods shipped to customers and so this falls under the responsibility of the shipping department.

i. Credit memo file ⇒ CREDIT DEPARTMENT

j. Sales order file ⇒ SALES DEPARTMENT

k. Closed sales order file ⇒ SALES DEPARTMENT

The sales department is in charge of these last two because everything that has to do with sales falls under the Sales department except for when the sale is first ordered.

Answer from: rivera8

The department that has stewardship over the following journals, ledgers, and files will be:

a. Customer open order file - Sales order departmentb. Sales journal - Billing departmentc. Journal voucher file - Billing department.d. Cash receipts journal - Cash receipt department.e. Inventory subsidiary ledger - Inventory control department.f. Accounts receivable subsidiary ledger - Account receivable department.g. Sales history file - Sales departmenth. Shipping report file - Shipping department.i. Credit memo file - Credit departmentj. Sales order file - Sales departmentk. Closed sales order file - Sales department.

It should be noted that the sales department is in charge of sales in the organization. The cash receipt department is in charge of cash transactions that have to do with receipts.

Read related link on:

link

Answer from: Quest

Answer the correct answer is price ceiling;

Answer from: Quest

Answerexplain to listeners the new services available at the student center;

Another question on Business

Business, 21.06.2019 13:30

On january 1, 2018, johnstone leased an office building. terms of the lease require johnstone to make 15 annual lease payments of $134,000 beginning on january 1, 2018. a 10% interest rate is implicit in the lease agreement. at what amount should johnstone record the lease liability on january 1, 2018, before any lease payments are made?

Answers: 3

Answer

Business, 22.06.2019 01:00

You are the manager in charge of global operations at bankglobal â€“ a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u.s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u.s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u.s. advertising campaign were launched. your goal is to maximize bankglobalâ€™s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation â€“ computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600

Answers: 2

Answer

Business, 22.06.2019 03:00

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Answers: 1

Answer

Business, 22.06.2019 11:30

Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above

Answers: 1

Answer

You know the right answer?

Identify which department has stewardship over the following journals, ledgers, and files. a. Custo...

Questions