Answer:
d. Adjustment data are assembled and analyzed.
h. Closing entries are journalized and posted to the ledger.
Explanation:
The fourth step is missing which is to adjust the data. After the unadjusted trial balance is prepared, if the debit side and the credit side do not match, the data will need to be adjusted and that is what this step is for.
The penultimate step is also missing being the journalizing of the closing entries and posting them to the ledger. This is done to close out the accounts for the year and bring all accounts except permanent ones to zero.
Answer: B - False
Explanation:
In a command economy the government only makes economic decisions- what is produced, price, income etc . The government owns all means of production.
I hope my answer helps.
Answer:
Analyze each transaction and indicate the amount of increases and decreases in the accounting equation.
Assets = Liabilities + Stockholder's equity
Explanation:
(a) Provide services to customers on account for $50,000.
Account receivable=equity ( net income (revenue)
50000=50000
(b) Receive cash of $42,000 from customers in (a) above.
Cash=-(account receivable)
(c) Purchase bike equipment by signing a note with the bank for $35,000.
equipment=account payable
(d) Pay utilities of $5,000 for the current month.
-cash=-equity ( expenses)
Answer: Capacity aggregation
Explanation:
Capacity aggregation is the planning and management of the entire capacity of the resources of an organization.
Capacity aggregation is when a third party can increase the supply chain surplus by aggregating demand across multiple firms and gaining production economies of scale that no single firm can on its own.