The descriptions to cases that will possibility be addressed by a Trial Balance are:
- can detect the accuracy of the accounting process(possible)
- can help check whether the debit side is equal to the credit side(possible)
- can help prepare the income statement(possible)
- helps serve as a proof of the application of the double-entry system(not possible)
- can help check whether a particular transaction has been completely omitted(not possible)
<h3>What is trial balance?</h3>
A trial balance can be regarded as bookkeeping worksheet which contains the ledger that is arranged into debit and credit account column .
Therefore, with trial balance, one can check whether the debit side is equal to the credit side.
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Answer: 59.27% and 4.77%.
Explanation:
Given that,
In the year 2009:
Japanese adult non-institutionalized population = 110.272 million
Labor force = 65.362 million
Number of people employed = 62.242 million
Japanese labor-force participation rate = 
=
= 0.5927 or 59.27%
Unemployment rate = 
= 
= 4.77%
To solve this question, take 3% of $10,000 to see what the increase would be:
$10,000 x 3% = $300
There is an increase of $300 due to the 3% credit card processing fee that the credit card company is imposing on Elliston.
Answer:
a. $13,000
Explanation:
Calculation for what royalty revenue should be
First step is to find the estimated amount for the second half of the year
Royalties for the second half =
15%*$30,000
Royalties for the second half= $4,500
Now let Compute for the total royalty revenue
Total royalty revenue for 20X5=$8,500+$4,500
Total royalty revenue for 20X5=$13,000
Therefore the royalty revenue should be $13,000
