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8 months ago

6

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

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1 answer:

hjlf8 months 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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Case Problem Analysis: Jurisdiction

Natali5045456 [20]

There are different kinds of cases. The answers to the questions are blow.

Before any court can hear any dispute between Miriam and the trucking company, it must have the jurisdiction to do so.

In order for Marya to sue the trucking firm, she has to file the lawsuit in a court that also has personal jurisdiction over the <u>Defendant</u>.

Georgia and Florida have personal jurisdiction over the trucking firm?

Yes, Marya sue the trucking firm in Georgia and Florida state courts.

Miriam would likely NOT want to sue the trucking firm in Georgia because she would need to;

Get a lawyer in Georgia
Make multiple trips to Georgia
Have witnesses travel to Georgia.

Miriam would likely want to sue the trucking firm in Florida because:

1. The court is closer to her home

2. She can better research for local lawyers

Miriam can sue the trucking firm in a federal trial court because residents of different states.

over $75000

<h3>What takes place in a court case?</h3>

In a trial done in a court, lawyers often present evidence via witnesses who are known to testify about what they have seen or known.

After all the evidence had been presented, the lawyers will then give their closing arguments and lastly, the jury then decides if the defendant is guilty or not guilty.

Learn more about jurisdiction from

brainly.com/question/681072

6 0

2 years ago

Read 2 more answers

A business organization needs to make up a 5 member fund-raising committee. The organization has 10 accounting majors and 8 fina

miss Akunina [59]

Answer:

The fund raising committee can be organized in 3,276 different ways.

Explanation:

The committee can have the following structures:

Accounting majors Finance majors

0 5

1 4

2 3

C(10,0) x C(8,5) = (10! / 10!) x (8! / 3!5!) = 1 x 56 = 56

C(10,1) x C(8,4) = (10! / 9!1!) x (8! / 4!4!) = 10 x 70 = 700

C(10,2) x C(8,3) = (10! / 8!2!) x (8! / 5!3!) = 45 x 56 = 2,520

total possibilities = 2,520 + 700 + 56 = 3,276

6 0

2 years ago

Following are selected transactions for Vitalo Company. Nov. 1 Accepted a $6,000, 180-day, 8% note dated November 1 from Kelly W

umka21 [38]

Answer:

<u>As at April 30</u>

Dr. Account Receivable (120 days / 180 days x 6000 x 0.08) ..$320

Cr. Interest Income......................................................................................$320

Being accrued interest Income for current year to date on note receivable

Dr. Bank..............................................................................................$6,483

Cr. Accounts Receivable ($6000 note receivable + $163 + $320)...$6,483

Being settlement of note receivable with total accrued interest Income

Explanation:

Following are selected transactions for Vitalo Company.

Nov. 1 Accepted a $6,000, 180-day, 8% note dated November 1 from Kelly White in granting a time extension on her past-due account receivable.

<u>As at November 1</u>

Account receivable = $6,000 and Note Receivable = $6000

Dec. 31 Adjusted the year-end accounts for the accrued interest earned on the White note.

<u>As at December 31</u>

Dr. Account Receivable (61 days /180 days x 6000 x 0.08) ..$163

Cr. Interest Income......................................................................................$163

Apr. 30 White honored her note when presented for payment; February has 28 days for the current year.

<u>As at April 30</u>

Dr. Account Receivable (120 days / 180 days x 6000 x 0.08) ..$320

Cr. Interest Income......................................................................................$320

Being accrued interest Income for current year to date on note receivable

Dr. Bank..............................................................................................$6,483

Cr. Accounts Receivable ($6000 note receivable + $163 + $320)...$6,483

Being settlement of note receivable with total accrued interest Income

4 0

3 years ago

Read 2 more answers

A math formula in economics

krok68 [10]

It's C because 1-.15 is .85 then 1/.85 rounds to 1.18

5 0

3 years ago

A firm engages in a new type of financial transaction that has a material effect on its earnings. An analyst should most likely

slega [8]

Answer:

management has not explained its business purpose

Explanation:

Since in the question it is mentioned that the firm is engaged in the new financial transaction that contains the material impact on the earnings so this represents that it could be come under the pre existed accounting standards.

Also everyone should be aware of the business purpose plus it is not established for changing off the financial statements

So it would be suspicious because the purpose of the business could not be explained

4 0

3 years ago