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Daniel [21]
3 years ago
7

All of the following regarding reversing entries are true except______________.a. Reversing entries are dated the first day of t

he new accounting period.b. Reversing entries are used to simplify a company's record keeping.c. Reversing entries should not be the exact opposite of previous period adjusting d. Reversing entries are optional.e. Reversing entries are recorded in response to accrued assets and accrued liabilities that were created by adjusting entries at the end of the previous accounting period.
Computers and Technology
1 answer:
balandron [24]3 years ago
5 0

Answer:

The answer is "option C"

Explanation:

Reversing entries is made at the commencement of a reversal or terminate accounting cycle adjustment of diary entries announced at the end of the past financial reporting period are called opposite entries, in the given statement except for "option c" all are correct, that can be described as follows:

  • In option a and option b, It record all entries in the new account period, which is easy to use in the organization.
  • option d and options e both are correct because these entries are optional, it responds on accrued set of data, that helps to adjust the previous data.
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Answer:

<em>This program is written using Java programming language</em>

import java.util.*;

public class calcGcd

{

   public static void main (String [] args)

   {

       int num1, num2;

       Scanner input = new Scanner(System.in);

       //Input two integers

       num1 = input.nextInt();

       num2 = input.nextInt();

       //Get least of the two integers

       int least = num1;

       if(num1 > num2)

       {

           least = num2;

       }

       //Initialize gcd to 1

       int gcd = 1;

       //Calculate gcd using for loop

       for(int i=1;i<=least;i++)

       {

           if(num1%i == 0 && num2%i == 0)

           {

               gcd = i;

           }

       }

       if(gcd == 1)

       {

           System.out.print("GCD is 1");

       }

       else

       {

           System.out.print("GCD is "+gcd);

       }

   }

}

Explanation:

To calculate the GCD, the program uses a for loop that iterates from 1 to the smaller number of the user input.

Within this iteration, the program checks for a common divisor of the two user inputs by the iterating element

The GCD is then displayed afterwards;

However, if the GCD is 1; the program prints the message "GCD is 1"

<em>Line by Line Explanation</em>

This line declares two integer numbers

       int num1, num2;

This line allows user the program to accept user defined inputs        

Scanner input = new Scanner(System.in);

The next two line allows gets inputs from the user

<em>        num1 = input.nextInt();</em>

<em>        num2 = input.nextInt();</em>

<em />

To calculate the GCD, the smaller of the two numbers is needed. The smaller number is derived using the following if statement

<em>        int least = num1;</em>

<em>        if(num1 > num2)</em>

<em>        {</em>

<em>            least = num2;</em>

<em>        }</em>

The next line initializes GCD to 1

       int gcd = 1;

The GCD is calculated using the following for loop

The GCD is the highest number that can divide both numbers

<em>        for(int i=1;i<=least;i++)</em>

<em>        {</em>

<em>            if(num1%i == 0 && num2%i == 0)</em>

<em>            {</em>

<em>                gcd = i;</em>

<em>            }</em>

<em>        }</em>

The following is printed if the calculated GCD is 1

       if(gcd == 1)

       {

           System.out.print("GCD is 1");

       }

Otherwise, the following is printed

       else

       {

           System.out.print("GCD is "+gcd);

       }

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