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1 year ago

6

when preparing a trial balance, there are certain steps that need to be followed. place the following steps in the correct order

.

1 answer:

hjlf1 year ago

3 0

Answer:i don’t know why this is right, but i’m here to help and have to have a 20 word count minimum to submit

Explanation:

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A double variable stores a value in 64 bits, using some bits for mantissa, some for exponent, and one for sign. which is true ab

Gala2k [10]

Limited bits may cause some rounding of the mantissa is true a few double variable

<h2>What is a double variable?</h2>

A double type variable may be a 64-bit floating data type

The double may be a fundamental data type built into the compiler and used to define numeric variables holding numbers with decimal points. C, C++, C# and lots of other programming languages recognize the double as a type

Why we use double data type?

Double is more precise than float and may store 64 bits, double of the amount of bits float can store. Double is more precise and for storing large numbers, we prefer double float. for instance , to store the annual salary of the CEO of a corporation , double are going to be a more accurate choice.

Learn more about double variable store:

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7 0

2 years ago

Suppose that Lebanon has placed tariffs on its imports and exports. The import tariff is 13%, and the export tariff is 8%. If Le

ZanzabumX [31]

Answer:

Import= 17,040,000 ; Export=22,550,000

Explanation:

As we know that

Balance of trade = export - import

Let us assume that export be E

And, the import be I

So,

Balance of trade = E - I

$5,510,000 = E - I

E = 5,510,000 + I

Now if we place the equation into the export or import tariffs so it would be

0.13 × I + 0.08 × E = $4,019,200

0.13 × I + 0.08 × ($5,510,000 + I) = $4,019,200

0.13I + 0.08I + $440,800 = $4,019,200

0.21I = $4,019,200 - $44,000

0.21I = $3,578,400

I = 17,040,000

So,

The export is

E = $5,510,000 + I

E = $5,510,000 + $17,040,000

E = $22,550,000

3 0

4 years ago

The journal entry to record the accrual of factory utilities is to: Multiple choice question. debit Factory Overhead and credit

seropon [69]

Answer:

debit Factory Overhead and credit Utilities Payable

Explanation:

The journal entry to record the accrual of factory utilities is to: Debit Expense Account - Factory Overhead and Credit Liability Account -Utilities Payable.

7 0

3 years ago

At a total cost of $5,600,000, Herrera Corporation acquired 280,000 shares of Tran Corp. common stock as a long-term investment.

Volgvan

Answer:

1.

Date Account title Debit Credit

Dec. 31 Investment in Tran Corp. $210,000

Investment Income $210,000

Working:

Herrera owns 280,000 out of 800,000 Tran Corp shares so they will recognize:

= 280,000/800,000 * 600,000

= $210,000 of Tran Corp. net income.

2.

Date Account title Debit Credit

Dec. 31 Cash $140,000

Investment in Tran Corp. $140,000

Working

Cash received as dividend = 0.5 * 280,000 share

= $140,000

6 0

3 years ago

Which is not true of a perfectly competitive market? a. At the long-run equilibrium, economic profit is less than accounting pro

shtirl [24]

Answer:

B is the correct option.

Explanation:

In theory, the perfect market is the structure in which all the firms sell identical products,They all are price takers, the market share doesn't influence the prices, firms can enter or exit the market without cost and resources are perfectly mobile. No markets are in the sphere of the perfect competition model. so they are classified as imperfect. The imperfect and perfect market is the outcome of post-classical economic thought of the Cambridge tradition.

5 0

3 years ago