True statements about Anna's balance sheet are:
- Anna will need to find the total value of her jewelry and bank account.
- The period of the balance sheet will be one year.
- Anna will add the value of the assets and subtract the value of the liabilities.
<h3>What goes into the Balance Sheet?</h3>
The balance sheet includes the totals of assets which includes Anna's jewelry and the cash in her bank account. She will then add the value of these assets and subtract the liabilities to find the Net Asset Value.
The period of the balance sheet will be a year because the Balance sheet shows the statement of one's financial position over a year.
Find out more on Balance sheets at brainly.com/question/1113933.
#SPJ4
Answer:
A: Volume-based methods are more accurate and allowed by GAAP.
Explanation:
The right answer for the question that is being asked and shown above is that: "D. we aim it at people or things that aren't the cause of our frustration." The most serious problem with aggression is that D. we aim it at people or things that aren't the cause of our frustration
Answer:
Walter company Journal $
Date
Bond investment Dr 1,000,000
Bond premium Dr 50,000
Bank Cr. 1,050,000
Narration. Bond retirement at a premium of 5% over par.
Explanation:
The bond investment account is kept fixed at the amount at which it was subscribe, the corresponding interest are debited to income statement on payment to the bond holders.
In the same vein the retirement of the bond at a premium represents an expenses to the firm which has to be debited to the income statement on payment to the bond holders.
Answer:
Money market instruments is the best place for the investment.
Explanation:
Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short period of time, less than a year. Most of the money market instruments such as treasury bills, commercial papers, certificate of deposits etc provide fixed returns so this money market instrument is considered the best for investing money for good profit.
