Answer:
Debit side $29,660
Credit side $29,660
Explanation:
Preparation of a correct trial balance
DOMINIC COMPANY
Corrected Trial Balance May 31, 2015
DEBIT SIDE
Cash $5,023
($5,050 +$450 - $477)
($530-$53=$477)
Accounts Receivable $2,030
($2,570 - $540)
Prepaid Insurance $930
($830 + $100)
Supplies $450
Equipment $12,750
($13,200 - $450)
Salaries and Wages Expense $4,530
($4,330 + $200)
Advertising Expense $1,447
($970 + $477)
($530-$53=$477)
Utilities Expense $900
($800 + $100)
Dividends $1,600
TOTAL $29,660
CREDIT SIDE
Accounts Payable $5,510
($5,700 - $100 + $450 - $540)
Unearned Service Revenue $690
Common Stock $14,500
($12,900 + $1,600)
Service Revenue $8,960
TOTAL $29,660
Therefore the CORRECTED TRIAL BALANCE will be:
Debit side $29,660
Credit side $29,660
The given statement is false. A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs).
<h3>How would foreign stocks Help in portfolio diversification?</h3>
- A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs). Most people think that a portfolio's core consists of equities, bonds, and cash.
- By diversifying your assets, it is one strategy to maintain a balance between risk and return in your investing portfolio. Spreading your investments out will limit your exposure to any one form of asset. This approach is known as diversification. This routine is intended to gradually lessen the volatility of your portfolio.
- Building a portfolio with a variety of investments that have various estimated risks and rewards is the technique of diversification. You can be protected by diversification from circumstances that could negatively impact certain investments.
Hence, The given statement is false.
To learn more about portfolio diversification refer to:
brainly.com/question/28149297
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Answer and explanation:
The 9/11 attack is possibly one of the most horrible events in American History. Terrorists from armed-group Al Qaeda infiltrated as passengers of American Airlines, took control of the plane threatening people with fire guns, and eventually crashed the plane into the World Trade Center in Manhattan, New York City (2001).
From the economic point of view, <em>it would reasonable if airlines increase investment in technology and resources that allow them to improve their screening process to avoid such moments to be repeated in the future. </em>Eventually, the costs of not conducting a proper passenger screening could be higher, not only economically speaking.
Answer:
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