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Minchanka [31]
2 years ago
10

An adjusted trial balance does not list the revenues and expenses of a business.

Business
1 answer:
jenyasd209 [6]2 years ago
6 0

False, An adjusted trial balance does not list the revenues and expenses of a business.

  • No entry is made under the accrual system of accounting until the money has been paid.
  • Additionally,<u> an </u><u>adjusted trial balance</u><u> does not include a </u><u>business's revenues and costs.</u> The net income will be inflated if a corporation doesn't make an adjustment entry for accrued revenues.

What is an adjusted trial balance ?

  • At the end of an accounting period, the balances of all accounts, including those that have been amended, are displayed in an adjusted trial balance.
  • Its goal is to demonstrate that, after all adjustments, the total debit and total credit balances in the ledger are equal.

Which of the following is true of a trial balance?

A trial balance with equal debit and credit balances proves that the accounts are in balance.

Learn more about adjusted trial balance

brainly.com/question/13927466

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Michigan Cranberry Company sold $10 million worth of cranberries it produced. In producing cranberries, it purchased $1 million
drek231 [11]

Answer:

$9 million

Explanation:

Gross domestic product is defined as the total monetary value of all goods and services produced by a country in a given period. It is used to measure the countries wealth and economic growth .

GDP can be calculated based on expenditure, production, or by income.

Types of GDP measurements include real GDP, nominal GDP, GDP growth rate, and GDP per capita.

Gross domestic product= Total output - intermediate goods in production {products from Canada}

Gross domestic product= 10 million- 1 million

Gross domestic product= $9 million

3 0
3 years ago
Read 2 more answers
Edward owns a tire company and has decided that it is time to expand into e-commerce.One of the important elements will be how h
saul85 [17]
<h2>e-commerce network is used to store customer satisfaction data.</h2>

Explanation:

E-commerce front-end technology:

Front-end technology is the interface where the user interacts. The customer is not aware of where the data is stored and what is the logic behind. Front-end cannot store anything.

e-commerce back-end technology:

Back-end technology can store the data. Normally it would be the database which stores all the inputs provided from the front end.

e-commerce networks:

This is the website which connects both front-end and back-end. This refers to the internet world. The business people can collect data from anywhere and store it in the database and view it.

e-commerce links:

e-commerce links is nothing but either it is adding its (website) own internal links or connecting the external website through the current web page.

4 0
3 years ago
CoffeeCarts has a cost of equity of ​, has an effective cost of debt of ​, and is financed with equity and with debt. What is th
-Dominant- [34]

Complete Question:

Coffee Carts has a cost of equity of 15.5%, has an effective cost of debt of 3.9%, and is financed 75% with equity and 25% with debt. What is the firm's WACC?

Answer:

The firm's WACC is:

= (0.75 * 0.155) + (0.25 * 0.039)

= 0.11625 + 0.00975

= 0.126

= 12.6%

Explanation:

CoffeeCarts Company's WACC (Weighted Average Cost of Capital) is the average rate that the company is expected to pay to all its security holders (stockholders and debt holders) who financed its assets.  We can calculate CoffeeCarts' WACC by multiplying the cost of each capital source (equity and debt) by its relevant weight, and then adding the products together.  The weight is the proportional percentage of each class  of finance source to the whole.

8 0
3 years ago
For most products the upc code would be located on the _____ package.
professor190 [17]
Side of the package I think
6 0
4 years ago
Consider the following multiple regression models (a) to (d) below. DFemme = 1 if the individual is a female, and is zero otherw
MrMuchimi

Answer:

The answer is "Option C"

Explanation:

Please find the complete question in the attachment file.

In this question except for choice c, all are incorrect which can be defined as follows:

  • It is inappropriate because when Dfemme and Dmale are paired together, it will core product multicollinearity.
  • It's inaccurate because the sum of Dmarried and Dsingle equals 1 but produces ideal multicollinearity.
  • It's also inaccurate since Dmarried and Dsingle, as well as Dfemme and Dmale, will all add up to one.
5 0
3 years ago
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