Answer:
1) To verify transactions have the correct date assigned to them. 2) To verify that an account balance is within its credit limit. 3) To verify that all transactions have been recorded for the period.
Explanation:
Answer:
Explanation:
The preparation of the statement of retained earnings for Amos Company is shown below:
Retained earnings at December 31, 2018 (before discovery of error) $858,000
Less: Depreciation expense two years ago -$45,600
Add: net income $209,000
Less: Cash dividends declared and paid during the year -$11,000
Retained earnings at December 31, 2019 $1,010,400
Answer:
Explanation:
The detailed steps and calculation is as shown in the attached files.
Answer:
The correct answer is (B)
Explanation:
Economists are helpful to predict future economic and financial phenomenon’s. In that regard, statistical or mathematical models are considered more appropriate and it is said that they provide better results. In the above scenario, Syd is attempting to construct an economic model for that, the suitable technique to examine the cause and effect to predict the outcomes are mathematical functions. The reason is that mathematical models are more appropriate to predicts cause and effect.
Fundamentally, it is anything but difficult to apply Emersonian convictions of independence to any piece of life. Basically it is to believe yourself and your judgments, and not to let any other individual impact what you accept just in light of the fact that they oppose or you fear what you will think. You should depend on yourself, in its most fundamental shape. Henceforth, the expression "confidence". Depend on yourself, and nobody else.
