Answer:
Hie, the question has missing amounts / account balances relating to the following Accounts<em> Prepaid Insurance</em>, <em>Salaries and Wages Expense</em> and <em>Depreciation Expense</em>. However, both the debits and credit totals must add up to $292 as only debits are missing.
Explained and illustrated below is the approach to take on this question.
A trial balance is a list of balances (debit or credit) extracted from ledger accounts.
<u>Adjusted Trial Balance At December 31</u>
Debits Credit
$000 $000
Cash 58
Accounts Receivable 7
Prepaid Insurance (missing)
Equipment 120
Accumulated Depreciation 8
Accounts Payable 7
Common Stock 116
Retained Earnings 17
Sales Revenue 131
Insurance Expense 9
Salaries and Wages Expense (missing)
Supplies Expense 46
Depreciation Expense (missing)
Salaries and Wages Payable 11
Income Tax Expense
Income Tax Payable 13
Totals 292 292
Answer:
It is not necessary a decline in quantity of money for deflation to occur.
The quantity theory of money states that if money supply and velocity of circulation don't change economic growth (positive change in GDP) will result in declining price levels
Explanation:
The quantity of money theory states that
where M is the money supply, V is the velocity of circulation, P is the price level and Y is the GDP
We can put this equation in terms of percentage changes, which gives
where the 
denotes the percentage change in the money supply, and similarly for the other variables.
Then for the percentage change in prices to be negative we have that
since
So if the there's no change in circulation velocity or gdp, then inflation can occur if there's a decline in money supply (percentual change in M is negative).
But it also could be other scenarios:
1. money supply or output did not change and velocity of circulation decreased
2. money supply and velocity remained constant but GDP grew
Answer:
April 11th
Explanation:
the dividends will be paid to the owner of the share one day before the record. This is defined asthe Ex-date ofthe dividends.
DISCLAMER
Assuming it refers to 2019 Apil 12th
the previous business day will be April 11th (we should liook into the calendar and avoid counting Friday and saturdays
for the year 2019 April 12th is a friday so it is okay to define it as April 11th
Well an exact account is what an appeal is based on so is pretty important
It's important to fill out a tax form correctly because the IRS requires people to pay taxes on their income gradually throughout the year. ... At the same time, if you have too much tax withheld, your monthly budget will be tighter than it needs to be.
