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Slav-nsk [51]
2 years ago
12

Which is true about net worth?​

Business
2 answers:
ElenaW [278]2 years ago
6 0
The answer is d by the way
taurus [48]2 years ago
3 0

\qquad\qquad\huge\underline{{\sf Answer}}

The Correct choice is : D

The net worth of a person/company include total account of its assets as well as their liabilities.

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Describe a scenario that forced you to wrestle with your values?
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Chris gilbert, 1966-68, was the first person in college football history, and the only ut player, to rush for more than 1000 yar
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5 0
2 years ago
The unadjusted and adjusted trial balances for American Leaf Company on October 31, 2018, follow:
Rashid [163]

Answer:

1. Dr Accounts Receivable $6

Cr Fees Earned $6

2. Dr Supplies Expense $3

Cr Supplies $3

3. Dr Insurance Expense $12

Cr Prepaid Insurance $12

4. Dr Depreciation Expense $5

Cr Accumulated Depreciation—Equipment $5

5. Dr Wages Expense $2

Cr Wages Payable $2

Explanation:

Preparation of the five journal entries that adjusted the accounts at October 31, 2018.

1. Dr Accounts Receivable $6

Cr Fees Earned $6

($44-$38)

(To Accrued fees earned)

2. Dr Supplies Expense $3

Cr Supplies $3

($10-$7)

(To record Supplies used)

3. Dr Insurance Expense $12

Cr Prepaid Insurance $12

($22-$10)

(To record Insurance expired)

4. Dr Depreciation Expense $5

Cr Accumulated Depreciation—Equipment $5

($12-$7)

(To record Equipment depreciation)

5. Dr Wages Expense $2

Cr Wages Payable $2

($2-$0)

(To record Accrued wages)

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3 years ago
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