Trial balance is a statement of all debits and credits in a double-entry account book is does not include income statement accounts.
What is trial balance?
An accounting worksheet where the balance of all general ledger accounts for debit and credit is equal is referred to as a "trial balance" in a financial report.
Because they are entries of the statements of operation expenses and revenue, trial balances are included in account closure entries and account adjusting entries but not in balance sheet accounts or income statement accounts.
As a result, option a is correct does not included income statement account.
Learn more about on trial balance, here:
brainly.com/question/15059786
#SPJ1
Answer:
Simple, stable
Explanation:
External environment
This is commonly known and includes factors, forces, outcomes, situations, and events outside an organization that influences or affect its performance.
The components of external environment includes: economic, demographic, technological, sociocultural, political/legal, global etc.
Stable-simple environment
This environment is said to be very stable and also predictable. The Few components are sort of similar and remain the same. And it requires little need for sophisticated knowledge of components.
Answer:
Explanation:
The two attached pictures explains the problem and is so explanatory.
Answer:
$877.30
Explanation:
The cost of one table is $762.87
mark-up is 15% based on the selling price
If mark-up is 15%, then selling price will be 115 % of the cost.
Cost = $762. 87
$762.87 = 100 %
115% =762.87/100 x 115
=7.6287 x 115
=877.30
selling price will $877.30
Answer:
the break even point is 300 cards sold
Explanation:
The computation of the break even point in units is shown below:
= Fixed cost incurred ÷ contribution margin per unit
= $300 ÷ ($2 - $1)
= $300 ÷ ($1)
= 300 cards sold
As we know that the contribution margin per unit is
= Selling price per unit - variable cost per unit
And, the same is to be followed
Hence, the break even point is 300 cards sold