If a company recorded an adjusting entry by debiting Interest Expense for $500 and Interest Payable for $50 in error, then the: Adjusted trial balance's debits side will not equal its credits side.
<h3>Adjusted trial balance</h3>
Based on the information given debiting Interest Expense for $500 was right and debiting Interest Payable for $50 was wrong.
Reason being that Interest expense is a debit entry because expenses are supposed to be debited while interest payable is a credit entry.
Based on this the adjusted trial balance's debits side will not equal its credits side.
Inconclusion If a company recorded an adjusting entry by debiting Interest Expense for $500 and Interest Payable for $50 in error, then the: Adjusted trial balance's debits side will not equal its credits side.
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Answer:
B. Increase in supply
Explanation:
These are the options for the question below;
A. Increase in demand B. Increase in supply C. Decrease in demand D. Decrease in supply.
Whenever there is increase in supply, then the price has reduced, then people Brenda to buy the products because of the reduce price.and that is what happen in this case.
Sri Lanka's economy has expanded at an average rate of about 6 percent over the last 5 years. The country has made a notable economic transition from fragility to relative stability. Political reconciliation and economic transformation have been strengthened by measures that support long-term development and competitiveness.
Answer:
Not 100% sure what the question is but this is a true statement :)
An Ancient Inca tomb was founded by the archaeologists in the capital of Peru under an ordinary home.
<h3>Who were the archaeologists?</h3>
Archaeologists are the individuals who study the artifacts of historical eras and also excavate the sites that existed in the ancient era.
Archaeologists have found the tomb of the Inca civilization which was wrapped in cloth along with burials of ceramics and fine jewels of that time. It was a structure built over the time span of 500 years back. The tomb was one of the most prominent architects of the Inca civilization.
Therefore, the archaeologists found the tomb of the Inca Empire in the capital of Peru.
Learn more about the Archaeologists in the related link:
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