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3 years ago

Identify the accounts that would normally have balances in the credit column of a business's trial balance.

1 answer:

3 0

The answer is Revenues and liabilities. The lessening in liabilities is accounted for on the charge side of a diary section. Proprietor's Equity is accounted for on the monetary record. Proprietor's value accounts have typical adjusts on the credit side. Income accounts have ordinary adjusts on the credit side.

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A client of yours has heard about private equity investing from some wealthy friends and asks you, the registered representative

11Alexandr11 [23.1K]

Answer:

The answer is: Business Development Company (BDC)

Explanation:

Clients have two options for participating in the private equity market:

BDC
Venture Capital (VC)

The problem with a VC, is that its aimed at very wealthy customers (usually millionaires) and this specific client is not one of those.

So the only possible choice is to invest in a BDC, which are listed investment companies and trade like any other stock.

4 0

3 years ago

When you feel cold, you engage in behavior to reduce this unpleasant feeling, for example, by putting on your coat. This desire

insens350 [35]

This desire to reduce internal tension is a crucial aspect of the drive-reduction theory.

<h3 /><h3>What is drive-reduction theory?</h3>

It corresponds to a psychological theory developed by Clark Hull, who believed that individuals are motivated to meet their basic needs, which are psychological and physiological needs.

Therefore, a behavior to reduce the unpleasant sensation of cold would be a physiological motivation proposed by the drive-reduction theory.

Find out more about drive-reduction theory here:

brainly.com/question/12933887

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4 0

2 years ago

What kind of education do you need to be a construction engineer technology?

Sliva [168]

You would have to earn an <span>Associate of Applied Science (AAS) degree or an advanced technical certificate. </span>

4 0

3 years ago

Suppose Chef Kitchen manufactures cast iron skillets. One model is a 10-inch skillet that sells for $ 28 . Chef Kitchen project

Lerok [7]

Answer:

production schedule for July = 815 10-inch skillets

Explanation:

price of 10-inch skillet $28

projected sales 625 units

costs:

direct materials $6
direct labor $3
manufacturing overhead $5
sales and administrative expenses $1,000

beginning inventory 60 units

ending inventory 40% of August sales

production during July = (projected sales - beginning inventory) + (40% x projected sales August) = (625 units - 60 units) + (40% x 625 units) = 565 units + 250 units = 815 10-inch skillets

6 0

3 years ago

The Pita Pit borrowed $198,000 on November 1, 2021, and signed a six-month note bearing interest at 12%. Principal and interest

pantera1 [17]

Answer:

$3,960

Explanation:

The Borrowed amount is $198,000 on November 1, 2021.

The interest expense at December 31, 2021 is calculated as shown below:

I=PRT

R=12%=0.12

P=$198,000

T=2 Months=(2/12) year

I=198,000*0.12*(2/12)

I=$3960

The correct option will be "B. $3,960."

5 0

2 years ago