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4 years ago

A post-closing trial balance should be prepared

Business

1 answer:

yanalaym [24]4 years ago

7 0

Answer:

<h2>Post-Closing trial balance is usually prepared after the closing entries are posted to the ledger account.Hence,the correct answer is the third option or after closing entries are posted to the ledger accounts.</h2>

Explanation:

In Accounting,the main objective of preparing a post-closing trial balance is to ensure the completion and closure of all the temporary accounts and the equality between all the debit and credit entries have been consistently established once the closing entry has been done.Once the closing entries have been put into journal and finally posted in ledger,a detailed account or list of all the individual accounts along with their respective balances is prepared which is basically known as Post Closing Trial Balance Account.It includes all the unbalanced accounts from the original trial balance or the accounts which are not balanced based on debt and credit entries,at the end of the accounting or reporting year.Therefore,post-trial balance basically ensures that all the accounts entered in the original trial balance are zero balance or the debit and credit entries of all the individual accounts in trial balance are balanced or equal.

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Are entities in Sweden and the US wholly-owned subsidiaries or branch offices? How are those determinations made?

viktelen [127]

Answer:

Sweden is generally considered a highly-favorable investment destination. Sweden offers an extremely competitive, open economy with access to new products, technologies, skills, and innovations. Sweden also has a well-educated labor force, outstanding communication infrastructure, and a stable political environment, which makes it a choice destination for U.S. and foreign companies. Low levels of corporate tax, the absence of withholding tax on dividends, and a favorable holding company regime are additional incentives for doing business in Sweden.

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Overall, investment conditions remain largely favorable. Forbes Magazine ranked Sweden second in “The Best Countries for Business for 2019,” a ranking that takes into account factors such as property rights, innovation, taxes, technology, corruption, freedom, red tape, and investor protection. In the World Economic Forum’s 2017-2018 Competitiveness Report Sweden was ranked twelfth out of 138 countries in overall competiveness and productivity. Also in 2018, Transparency International ranked Sweden as one of the most corruption-free countries in the world –third out of 180.

In addition, Sweden is well equipped to embrace the Fourth Industrial Revolution, with a superior IT infrastructure. Bloomberg’s 2019 Innovation Index ranked Sweden in seventh place among the most innovative nations on earth. Sweden is a global leader in adopting new technologies and setting new consumer trends. U.S. and other exporters can take advantage of a test market full of demanding, highly sophisticated customers.

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3 years ago

Beartowne Enterprises uses an activityminusbased costing system to assign costs in its autominusparts division.

zysi [14]

Answer:

Total manufacturing costs for Part 003 is:_________ $ 38625

Explanation:

Beartowne Enterprises

Activity Based Costing

<em>We multiply the rate of of each activity with allocation base to get the indirect activity costs.</em>

Total manufacturing costs for Part 003 is:_________

Materials Costs $ 8,000

Materials handling = 2,300 moves *$3.00/move= $ 6900

Assembling = 1,650 machine hours * $ 6.0= $ 9900

Packaging = 3,950 units * $3.50/finished unit = $ 13825

Total Manufacturing Costs $ 38625

Given Data

Part # # Produced Materials Costs # Moves Machine Hrs.

Part 001 1,450 $1,500 300 500

Part 002 5,500 $4,000 500 300

Part 003 3,950 $8,000 2,300 1,650

Activity . Indirect Activity Allocation Cost allocation rate

Est Costs base

Materials $55,000 Material moves $3.00/move

Assembling $195,000 Machine hours $6.00/machine hour

Packaging $70,000 # of finished units $3.50/finished unit

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3 years ago

1.Explain mountain tourism?<br>2.Explain inland tourism?

gulaghasi [49]

1. Mountain Tourism is a type of "tourism activity which takes place in a defined and limited geographical space such as hills or mountains with distinctive characteristics and attributes that are inherent to a specific landscape, topography, climate, biodiversity (flora and fauna) and local community.

2.
Inland trips means trips to the part of the country away from the coast, without specifying who is taking those trips. Such trips may let the world know about your country, or they may not.

Foreign trips. on the other hand, is fatally ambiguous. It can mean, and has been taken by others here to mean, trips by foreigners to your country, which would be what is asked for. But technically, a foreign trip is just a trip to a foreign country and the trip-takers should be presumed to be your fellow-countrymen; if they travel abroad, that would give them information about the world, not the other way about.

So the choice is between a bad answer and a very bad answer. I would say inland is less bad, but if the examiner thinks one choice is correct, you need to know how he thinks, not how the English language works.

I hope some of that may help I found it off the web.. sorry if it dosent

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3 years ago

What kind of device is a keyboard?

stira [4]

A computer keyboard is a typewriter-style device which uses an arrangement of buttons or keys to act as mechanical levers or electronic switches.

It is an input device.

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3 years ago

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Alecsey [184]

Answer:

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Explanation:

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3 years ago