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pashok25 [27]
3 years ago
8

Is the summary of transactions for the month of June, the same as the general journal entries for the same month

Business
1 answer:
wlad13 [49]3 years ago
8 0

No, the general ledger journal entries are the individual transactions that occurred throughout the month. A transaction summary shows summaries of those transactions by type, such as by a person or department, card type, etc.

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Which of the following characteristics apply to unit investment trusts? I) Most are invested in fixed-income portfolios. II) The
sweet-ann [11.9K]

Answer:

I) Most are invested in fixed-income portfolios.

IV) The portfolio is fixed for the life of the fund.

Explanation:

Unit investment trusts is one in which Pools of money is invested in a portfolio which is fixed for the life of the fund. This is generally stocks and bonds which are redeemable units to investor for specific time. These investment portfolio have no board of directors. This is a type of mutual fund which offers investors having fixed portfolio of securities having definite life.

3 0
4 years ago
The total return on a stock is equal to the: Group of answer choices dividend divided by the sum of the dividend yield and capit
insens350 [35]

<u>C) </u><u>Dividend yield plus the dividend growth rate. </u>

<h3><u>What Is Capital Gains Yield (CGY)?</u></h3>

The increase in a security's price, like that of common stock, is referred to as a capital gains yield. The CGY for common stock holdings is calculated by <u>dividing the increase in stock price by the original cost of the investment.</u>

Since only the following elements are required, calculating capital gains yield is straightforward:

  • The security's initial purchase cost
  • The cost of the security right now
  • In spite of this, the idea excludes any income from the investment.

Learn more about the Capital Gains Yield (CGY) with the help of the given link:

brainly.com/question/15518026?referrer=searchResults

#SPJ4

3 0
2 years ago
Intel Corporation had assets equal to $123,249 million and liabilities equal to $54,230 million for a recent year-end. What was
Ghella [55]

Answer:

total Equity at end of the year  = $69019 million

Explanation:

given data

assets = $123,249 million

liabilities = $54,230 million

to find out

total equity

solution

we get here total Equity at end of the year that is express as

total Equity at end of the year  = Asset - Liabilities   .................1

put here value we get

total Equity at end of the year  = $123,249 million  - $54,230 million

total Equity at end of the year  = $69019 million

8 0
3 years ago
A copy machine cost $ 48 comma 000 when new and has accumulated depreciation of $ 31 comma 000. Suppose Kinko sold the machine f
Paha777 [63]

Answer:

The result of the disposal transaction is neither a loss or a profit

Explanation:

The expression for the book value is as shown;

B.V=P.C-A.D

where;

B.V=book value

P.C=purchase cost

A.D=accumulated depreciation

In our case;

B.V=unknown

P.C=$48,000

A.D=$31,000

replacing;

Book value=48,000-31,000=$17,000

The profit or loss from the sale of the machine, can be expressed as;

profit/loss=sales price-book value

where;

sales price=17,000

book value=17,000

profit/loss=17,000-17,000=0

The result of the disposal transaction is neither a loss or a profit

6 0
3 years ago
In a economy, the government owns the means of production.
Daniel [21]

Answer:

(a) Command

Explanation:

A command economy is also known as planned economy and it can be defined as a type of economy in which the government owns and control the means of production.

This ultimately implies that, in a command economy, the government owns the means of production.

Societies that operate a command economy generally practices communism.

Communism is a system of philosophical, political, social organization and economical ideologies that advocates the elimination of private property but a profit-based economy with public ownership of the means of production.

It ultimately aims to ensure each person contributes and receives according to their abilities and needs.

Vietnam, China and Cuba are examples of communist countries that operate a command economy.

In conclusion, a command economy requires that the method of exchange, distribution, as well as the means of production of goods and services and allocation of resources for production should be controlled or regulated by the public (government) rather than the private sector.

5 0
3 years ago
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