1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Black_prince [1.1K]
1 year ago
6

the term deficit is used to refer to a debit balance in which of the following accounts of a corporation? a.treasury stock b.ret

ained earnings c.organizational expenses dmon stock
Business
1 answer:
kifflom [539]1 year ago
8 0

The term deficit is used to refer to a debit balance in Retained Earnings accounts of a corporation .

What is meant by Retained Earnings ?

The amount of profit a business keeps after paying all of its direct and indirect expenses, income taxes, and dividends to shareholders is known as retained profits. This is the percentage of the company's equity that may be utilized, for example, to fund the purchase of new machinery, research and development, and marketing.

Retained earnings are referred to as "gathered profits" when they are accumulated over time.

Before giving you more money, banks take a look at your company's retained earnings.

To learn more about Retained Earnings checkout the link below :

brainly.com/question/25631040

#SPJ4

You might be interested in
The world's largest producer of municipal solid waste (msw) is ____.
vlada-n [284]
Im thinking its the uk am i right
5 0
3 years ago
Read 2 more answers
Mexico-based Rodriguez Engineering Corp. requires host-country nationals to be recruited to manage subsidiaries, while parent-co
GREYUIT [131]

Answer: Polycentric approach

Explanation:

A polycentric staffing policy is a form of staffing policy whereby the nationals of the host countries will be recruited and employed to helps manage the subsidiaries that are in their own country while the nationals of the parent countries will have to occupy th key positions that are available at th corporate headquarters.

This is the kind of approach that is used by Mexico-based Rodriguez Engineering Corporations in the question.

8 0
3 years ago
Prepaid expenses require what type of adjusting entry?
AleksAgata [21]

Answer:

MATCHED

Explanation:

TOOK THE TEST

"Expenses should be matched with revenues. A deferred expense or prepayment, prepaid expense, is an asset representing cash paid out to a counterpart for goods or services to be received in a later accounting period."

7 0
3 years ago
You need to accumulate $10,000. To do so, you plan to make deposits of $1,500 per year - with the first payment being made a yea
Jet001 [13]

Answer:

5.4 years

Explanation:

Future value is the value of the calculated by compounding a specific present value using a specific discount rate

Payment = $1,500

Rate = 9.56%

Future value = $10,000

We will use the following formula to calculate the numbers of years.

Future Value = Payment x [ ( 1  + r)^n - 1 / r ]

$10,000 = $1,500 x [ ( 1 + 9.56%)^n - 1 / 9.56%

$10,000 x 9.56% / 1,500 = ( 1 + 9.56%)^n - 1

0.6373 +1 = 1.0956^n

1.6373 = 1.0956^n

Log 1.6373 = n log 1.0956

n = log 1.0956 / Log 1.6373

n = 5.4 years

7 0
3 years ago
Using the most reliable information available, how much of the Earth's land surface is used for agriculture today? View Availabl
enot [183]

Answer:

The answer is: 30 to 40%, according to satellite imagery

Explanation:

Satellite imagery is the most reliable way to try to determine what percentage of the Earth's land is used for agriculture. First and most important, the world is huge and only satellites have the technology to take images of continents and differentiate what possible use is given to them.

Government's surveys and records are no very reliable since you would need to use information from all the governments in the world including democratic countries and nations with dictatorships.

4 0
3 years ago
Other questions:
  • Glenda is in the ninth grade, and she loves to write and share events that take place around her. She wants to become a journali
    6·1 answer
  • How much would it cost for Chester Corporation to repurchase all its outstanding shares if new brokerage fees totaled 1% of the
    11·1 answer
  • After completing integration testing, a systems analyst must perform ____________________, which involves the entire information
    10·2 answers
  • "A company offers ID theft protection using leads obtained from client banks. Four employees work 40 hour a week on the lead, at
    5·1 answer
  • When all employees are exceedingly clear about what is expected from them, guidelines for task completion are clear and understo
    15·1 answer
  • Which NIMS structure develops, recommends, and executes public information plans and strategies?
    14·1 answer
  • This year Randy paid $29,800 of interest on his residence. (Randy borrowed $474,000 to buy his residence, and it is currently wo
    11·1 answer
  • How to eat a burger at bobs grill respectfully
    5·2 answers
  • Kunkel Company makes two products and uses a conventional costing system. A single plantwide predetermined overhead rate is comp
    10·1 answer
  • What is the management information system that manipulates information to create business intelligence in support of strategic d
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!