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dsp73
3 years ago
13

A post-closing trial balance should be prepared

Business
1 answer:
yanalaym [24]3 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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Home Works Referral Network is a premier home service referral network of dependable, highly skilled home improvement profession
Hatshy [7]

Answer:

The correct answer is D. code of ethics.

Explanation:

A code of ethics serves to regulate the actions of a professional, to protect organizations and their members; In this way, the behavior standards of people within a company or organization are established. In this case, the domicile company requires a code of ethics so that the personnel do not disclose company information, honestly carry out the work, take responsibility for the obligations assigned to them during their professional activity.

4 0
2 years ago
Suppose a bakery reports this​ information: beginning raw materials inventory $4,000 ending raw materials inventory 3,000 beginn
photoshop1234 [79]
To calculate cost of direct materials used, you take Purchases of raw materials and subtract the change in raw materials. The idea is that the cost of raw materials used will be however much raw materials decreased during the period plus the purchase of raw materials.  Beginning raw materials is 4000, and ending raw materials is 3000, a change of -1000. Purchases of raw materials were 99,000. The Cost of Direct Materials is 99,000 - (-1000) = 100,000. 
6 0
3 years ago
The only way to establish a cause-and-effect relationship between two variables is to conduct a(n) ________. experiment
FromTheMoon [43]
<span>The only way to establish a cause-and-effect relationship between two variables is to conduct an experiment.
First we state a hypothesis and then we make the experiment. The experiment should </span>support, refute, or validate our hypothesis. It is done by making<span> changes in one variable and observing is that might </span>lead to<span> changes in another variable (cause-and-effect).</span>
3 0
2 years ago
What can be researched about a nonprofit organization through a regulatory agency?
Alex787 [66]

<u>Answer:</u>

<em>The level of compliance to nonprofit status regulations.</em>

<u>Explanation:</u>

<em>A non profit association (NGO) </em>is a non-benefit, native based gathering that capacities autonomously of government. Operational NGOs, which spotlight on improvement projects.

Although NGOs are constantly responsible monetarily to contributors, there are no lawful way to control their exercises abroad. (A few governments have compromised NGOs' assessment status when they have reprimanded the <em>international strategy of the benefactor government</em>.)

4 0
2 years ago
Read 2 more answers
Need helpppp asapppp!
geniusboy [140]

Banks are for-profit, meaning they are either privately owned or publicly traded, while credit unions are nonprofit institutions. ... This means members generally get lower rates on loans, pay fewer (and lower) fees and earn higher APYs on savings products than bank customers.

hope this helped

5 0
3 years ago
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