1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Taya2010 [7]
3 years ago
11

Which of the following is correct: A. The post-closing trial balance will ensure the accounting equation is balanced at the end

of the accounting period and all transactions are properly journalized and posted B. The accounting cycle starts with journalizing business transactions and ends with the preparation of a post-closing trial balance. C. Property, Plant and Equipment accounts include all land, office, and building. D. Worksheet is a tool used in preparing adjusting entries and the financial statements, and the use of worksheet is optional
Business
1 answer:
kondor19780726 [428]3 years ago
5 0

Answer:

D. Worksheet is a tool used in preparing adjusting entries and the financial statements, and the use of worksheet is optional

Explanation:

The correct option D because worksheet is used to adjust value and prepare the financial statements and it is not mandatory to use.

The post-closing trial balance might show that accounting equation is balanced but not every time. It only ensure the total of debits balances and total of credits balances are equal. All transaction might not correctly journalized.

The accounting cycle starts with analyzing the business transactions and ends with the preparation of a Financial Statements.

Property, Plant and Equipment are our physical, tangible and long term assets which include all land, office, building, Machinery, equipment and vehicles.

You might be interested in
Yum! Brands is the result of a spin-off by PepsiCo, where it sold its fast-food chains KFC, Taco Bell, and Pizza Hut. Do you con
faust18 [17]

Answer:

Yes, the spin off was successful.

With the major segments of fast food being sandwich chains, pizza chains, family restaurants, dinner houses, chicken chains, and more each Yum restaurant needed to be placed into their own niche. They also started using multi-branding and putting the brands in the same building. This allowed one location to draw in a more diverse crowd of consumers while offering them more variety and covering the other brands weak points.

Reason for their success.

PepsiCo, when spinning off these fast food chains, openly stated “restaurants weren't our schtick.” I.e the company presented themselves themselves to media that restaurants isn't focus. Before the spin off KFC, Pizza Hut, and Taco Bell often acted as their own entities and competed with each other resulting in lowered sales for all of the restaurants. With the spin off of Tricon the restaurants were unified with the sharing of many resources and using their collective clout, as one of the top five brands, to get better deals on ingredients all the restaurants share. Their concentrated focus allows them to be greatly effective in entering new markets such as Asia

7 0
3 years ago
you normally stay at home on wednesday nights and study. however, next wednesday night, your best friend is having a big birthda
lesya692 [45]

The value of what you forgo in order to attend the party is known as the opportunity cost. due to you Normally studying at home, the advantage of the party outweighs the potential cost (such as a greater that you would have learned from studying that evening (for homework or a test).

<h3>What is meant by opportunity cost?</h3>

In other terms, opportunity cost is the other option or opportunity you must forgo in order to pursue your preferred alternative. It is, to put it simply, what we have to give up in order to act.

For instance, if you attend your friend's birthday celebration, you will undoubtedly miss your preferred study period for the exam the following day. This may result in a gorgeous crimson "F" on your exam paper, which would be a terrible loss. For this reason, sane people who are aware that they are not intelligent enough to review for the test while intoxicated in five minutes typically opt to stay at home and study. The inability to study for your exam in this instance is a lost opportunity.

To learn more about opportunity cost from given link

brainly.com/question/1549591

#SPJ4

3 0
1 year ago
Angel's bank statement shows a closing balance of $109.22. There are no outstanding checks or deposits. Her checkbook shows a ba
Wittaler [7]
The answer to the question is D

7 0
3 years ago
_____ determine what sales volume must be reached before the company's total revenue equals total costs and no profits are earne
Rainbow [258]
Break even analysis determines <span>what sales volume must be reached before the company's total revenue equals total costs and no profits are earned. It is the calculation of the point at which total revenue equals total cost. Break even analysis is helpful in letting businessmen know when their business will turn a profit so the prices of their goods or the amount of goods sold can be adjusted accordingly.</span>
3 0
3 years ago
In certain economy pple save part income in financial sector and use remaining part for consumption the govt decides to increse
notsponge [240]

Answer: Savings decrease, and investment decreases

Explanation:

A tax is referred to as a levy which is imposed on the people in a particular country so that the government can generate revenue.

When there's an increase in the tax rate, it simply means that the government wants to generate more money. This will have an effect on the consumption, savings and investment of the individuals in the economy as their savings will be reduced, consumption reduces and investment reduces as well.

7 0
3 years ago
Other questions:
  • Adjusting entries are made to ensure that?-expenses are recognized in the period in which they are incurred.-revenues are record
    12·1 answer
  • Which type of financial statement should you look at if you want to see a company's profits and losses over a specific period of
    8·2 answers
  • Jack complains that his wife is not sufficiently supportive, which causes him to do poorly at his job. jack's wife responds that
    8·1 answer
  • DelRay Foods must purchase a new gumdrop machine. Two machines are available. Machine 7745 has a first cost of $10,000, an estim
    14·1 answer
  • The entries for the debit account titles in the "Account Title" column are written
    10·1 answer
  • Recapitalization Currently, Forever Flowers Inc. has a capital structure consisting of 25% debt and 75% equity. Forever’s debt c
    12·1 answer
  • g efg manufacturing has a product that sells for $15 per unit, and the marginal cost is $5.00. a. compute the lerner index for e
    9·1 answer
  • 4. Select the FALSE statement below: A. A partnership approach to planning for mass casualty incidents helps to ensure that the
    15·1 answer
  • this is not only a value in itself but a value that guarantees other values. a. patience. b.fairness. c.respect. d integrity​
    15·1 answer
  • ___refers to an environment in which cultural, group, and individual differences are acknowledged, accepted, and viewed as signi
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!