Explain the purpose and contents of the general ledger master file
The general ledger master file is the main file on the general ledger database. It is based on the firm's chart of accounts. Each record is either a general ledger account (e.g., sales) or a control account (e.g., the accounts payable control) for one of the subsidiary ledgers. The general ledger master file contains the following for each account: the account number, description, account class (e.g., asset), the normal balance (debit or credit), beginning balance, total debits for period, total credits for period, and current balance.
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Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Employees and the Product Categories classes?
A. Each employee can manage only one product category. B. Each product category has one manager. C. Each product category can have no managers or multiple managers. D. Each employee must be assigned to manage at least one product category.
B&T Company's production costs for May are: direct labor, $13,000; indirect labor, $6,500; direct materials, $15,000; property taxes on production facility, $800; factory heat, lights and power, $1,000; and insurance on plant and equipment, $200. B&T Company's factory overhead incurred for May is:
A. $6,500. B. $21,500. C. $2,000. D. $36,500. E. $8,500.
Write a one-minute self-sell to achieve your networking objective from Work Application 9.3.
What will be an ideal response?
List the ways to enhance credibility as a researcher