1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jobisdone [24]
2 years ago
12

Wells technical institute (wti) provides training to individuals who pay tuition directly to the school. wti also offers trainin

g to groups in off-site locations. wti initially records prepaid expenses and unearned revenues in balance sheet accounts. its unadjusted trial balance as of december 31 follows, along with descriptions of items a through h that require adjusting entries on december 31.
Business
1 answer:
hodyreva [135]2 years ago
4 0

Wells Technical Institute's method of recording unearned revenues and prepaid expenses into its balance sheet accounts is known as an accrual method of accounting.

<h3>What is accrual method?</h3>

A method of accounting in which the payments and the receipts for a business are recorded in the books of accounts at the time they are due, but not yet received, is known as the accrual method of accounting.

Hence, the significance of accrual method is given above.

Learn more about accrual method here:

brainly.com/question/14868839

#SPJ1

You might be interested in
Roman buys seed packets for the school garden. One packet of radish seeds costs $1. 75. One packet of tomato seeds costs $2. 50.
bezimeni [28]

Roman may buy 23 tomato and 9 radish,  for the school garden.

 

<h3><u>Calculation:</u></h3>

Let (r) represent the cost of one packet of radish seeds, and

Let (t) represent the cost of one packet of tomato seeds.

Amount spent by roman = $62.75

It denotes that;

\ 1.75r +2.5t = 62.75.......equn. 1

Roman bought 32 packets of seeds and one packet of radish seeds costs = $ 1.75.

One packet of tomato seeds costs =  $ 2.50.

It denotes that,

\ r+t=32.....equn.2

Substitute t=9 , and r= 23, we have

In eq. 1

\ = 1.75\times9 + 2.5\times23 = 62.75\\ = 15.75+57.5 \neq  62.75 \\ = 62.75 = 62.75

In eq.2

\ =32=23+9 = 32\\

Here, both the equations are satisfied, therefore, option [C] is correct.

Learn more about equation:

brainly.com/question/2263981

8 0
3 years ago
Suppose potential income is $80 billion, actual income is $40 billion, and expenditures don't vary with income. If the actual bu
gogolik [260]
A(4billion)

Because I 4-(5-22)-2
7 0
3 years ago
1 What is "POSDCORB"
vfiekz [6]

Explanation:

POSDCORB is an acronym which means Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting

4 0
3 years ago
Read 2 more answers
"Corporate officers hold positions of trust in our markets and have important responsibilities to shareholders," said Steven Pei
Fed [463]

Answer:

huh. this is confusing.

Explanation:

5 0
3 years ago
Henry and Rochelle work in the claims department of an insurance company. On Rochelle’s birthday, Henry stops by her cubicle and
Vera_Pavlovna [14]

Answer:

C)

Explanation:

Based on the information provided within the question in this case Rochelle does not have a claim for sexual harassment because her claim would be based on one isolated incident that is not serious enough to warrant undue concern. This is the case since Henry has not made a single advancement towards Rochelle since she declined his date.

8 0
3 years ago
Other questions:
  • Q 9.1: When can interest be included in the acquisition cost of a plant asset?A : during the construction period of a self-const
    13·2 answers
  • SmartKids, a textbook publisher, is considering investing in a software company that collects and stores data. What beta should
    11·1 answer
  • Suppose the demand for tacos decreases. What will happen to producer surplus in the market for tacos?
    15·1 answer
  • he sale price of a spring break vacation package was $194.99, and the travelagent said by booking early, you saved $30. Find the
    7·1 answer
  • Select the correct answer.
    12·2 answers
  • Installing strong locks on the doors that lead to your company's data servers is an example of which of the following security m
    6·1 answer
  • You just started a great part-time job that you want to keep for a while. Under the current contract, your annual salary is $31,
    15·1 answer
  • Copper alloy products shipped to manufacturers are supplied in the __________ condition when maximum strength is required.
    5·1 answer
  • `927487658732478597349579-3489812o798-1265946582399749-82635-`221-976489-6128-`6-495465487561298576087
    15·2 answers
  • What is the present value of a series of payments received each year forever, starting with $1,000 paid one year from now and th
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!