Answer:
Off-season training should be focused on building general strength and conditioning in activities that are similar to the sport an athlete. According to the principle of specificity and reversibility, specificity states that the change in physical nature of the body is in line with the training type performed. Reversibility explains how an athlete can lose the effects gained from training from he stops training. Thus to stay fit, off-season training must concentrate on exercises that keeps the body in shape for the same type of sports.
Explanation:
Answer:
c. A credit to Cash of $272.75.
Explanation:
These transactions can be explained with the help of T- Account .
<h2><u> Cash </u></h2><h3><u>Debit Credit </u></h3>
Bal $ 500
Freight $61
Shipping
Charges $ 85
Supplies $ 50
Donation $ 69
Suspense 7.75
<u>Fund $ 227.25 </u>
Fund $ 227.25
<u> Reimbursement </u><u> $272.75</u>
<u> $ 500 </u>
<u />
<em><u>As there is shortage of $ 272.25 in the amount of $ 500 the petty cash will be reimbursed with this amount.</u></em>
<em><u>An amount of $ 7.75 is short which is dealt in suspense account and reimbursed with the amount falling short.</u></em>
Answer:
ERP integrates different business functions, keeps track of customer information and could enhance future innovation process in an organization
Explanation:
ERP are a integrated software solutions designed for managing of company's resources and integration of all business functions, like planning, sales and distribution, finance and human resources. Transactional benefits include: tracking customer payments, information and data. Innovational advantages are: streamlining operations-it can be used for streamlining of processes through different departments; consolidating multiple data sources; providing information in real time and supporting future innovations
Answer:
Stengel Co. is in a contract to perform maintenance service for Laplante Inc. The revenue accounted for the first 2 years will be $100,000 per year, which when received in cash, will be credited to Laplante's account in the books of Stengel. However, in the third year, with the modification of the contract revenue, the disclosure will be done for $100,000 only, with a debit to Contract.
Modification Costs, aggregating $ 20,000, which anyways needs to be expensed off. The amount to be received from Laplante Inc. at the end of the third year in cash, which will be credited to their account, will total $80,000 only.