Answer:
The correct answer is Option a. The adjusted trial balance includes the postings of the adjustments for the period in the balance of the accounts.
Explanation:
The trial balance is a summary of all the account balances for an organization, usually spooled at the end of the year. The possibility exist that transaction that occurred during the year are not captured, accurately or properly recorded in the books. When the company's financial statements are reviewed at the end of the year, adjustments may be made to the unadjusted trial balance to include transactions previously not recorded, accurately or properly captured in the books of accounts.
The inclusion of these adjustments results in the adjusted trial balance.
Hence Option a which states that the adjusted trial balance includes the postings of the adjustments for the period in the balance of the accounts is the right option.
Answer:
A personal budget provides <u>a detailed account</u> of income and expenses for a <u>period.</u>
Explanation:
A personal budget is a plan of how one intends to spend their income. It shows the source of income and the total on one side. The expenses are listed on a different side. Each expenditure item is listed and its estimated amount is indicated. The total of all incomes and expenses is shown on their respective sides.
A personal budget may be prepared for a regular income say monthly, weekly, or quarterly payments. It can also be prepared for irregular incomes such as loans, gifts, or bonuses.
Answer:
i want to say 179,270 i am sorry if i am wrong
Explanation:
Answer:
$1,780,000
Explanation:
The computation of the initial cash flow for this building project is shown below:
= Estimated building cost + appraised cost of the lot
= $1,110,000 + $670,000
= $1,780,000
Simply we added the estimated building cost and the appraised cost of the lot so that the initial cash flow amount can come.
All other information which is given is not relevant. Hence, ignored it
I think the answer is either a or c