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1 year ago

What strategy would a bookkeeper utilize to make sure each column of debits and credits have similar totals?.

1 answer:

7 0

A trial balance strategy would a bookkeeper utilizes to make sure each column of debits and credits has similar totals.

Credit is normally described as an agreement between a lender and a borrower. credit additionally refers to a person's or commercial enterprise's creditworthiness or credit score records. In accounting, credit may additionally both lower belongings or growth liabilities in addition to decreasing fees or increase sales.

A credit score balance for your billing declaration is a quantity that the cardboard issuer owes you. credit is brought to your account each time you make a price. A credit score is probably brought while you go back to something to procure together with your credit score card.

Learn more about credits here: brainly.com/question/26867415

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Bridle Inc. issues $300,000, 10-year, 8% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 20

Klio2033 [76]

Answer:

Cash 294,000 debit

discount on BP 6,000 debit

Bonds payable 300,000 credit

--to record issuance of bonds--

Explanation:

We multiply the face value by the issuance quote over 100

300,000 x 98/100 = 294,000

Then, the difference will be considered discount as the bond were issued below their face value

300,000 - 294,000 = 6,000

We are going to debit cash for the amount collected and then, debit the discount to adjust the bonds payable to the carrying value of 294,000

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4 years ago

What is the main problem here for technology companies?

Darya [45]

Answer:

they lack appropriate tools

Explanation:

due to lack of money

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3 years ago

The accompanying table shows a small community's demand for monthly subscriptions to a streaming movie service. Assume that only

Effectus [21]

Answer:

The correct answer is (b) Nextflix supplies 250 subscriptions and Flixbuster supplies 250 subscriptions.

Explanation:

Solution

Now,

A monopolist would supply where the total revenue is Maximum

So, quantity produced = 500 where each will produce 500/2

=250 units

Therefore from the given question stated as, If the two firms operating in this market agreed to each supply one-half of the quantity a monopolist would supply, the contract would specify that: Nextflix supplies 250 subscriptions and Flixbuster supplies 250 subscriptions.

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3 years ago

Which of the following was not a priority of Soviet planners?

IgorC [24]

Answer:

luxury items for consumers

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3 years ago

Why should speakers deliver the first sentence of her presentation for memory ?

astra-53 [7]

Speakers should deliver the first sentence of their presentation from memory so that they can immediately establish eye contact and sound confident and knowledgeable. This gives a good first impression to the audience.

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3 years ago