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2 years ago

8

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

1 answer:

ira [324]2 years ago

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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Marketing News is a magazine from the American Marketing Association that covers all aspects of the marketing industry. It is ma

KatRina [158]

Answer:

Vertical publication

Explanation:

Vertical publication are those types of publications where the editorial content is majorly focused on one type of industry or business. They are similar to trade magazines. In this case, the publication is concerned and majorly focused on marketing industry, hence why we refer to it as a vertical publication. They are publications usually written to benefit a particular business, industry or profession.

3 0

2 years ago

Read 2 more answers

Suppose Ford Motor Company issues bonds with a face value of $5 comma 000 and an annual coupon payment of $200. What is the in

ankoles [38]

Answer:

Interest rate = 4%

Explanation:

Given:

Face value of bond = $5,000

Annual coupon payment = $200

Interest rate = ?

Computation of interest rate on bond:

Interest rate = (Annual coupon payment / Face value of bond ) × 100

Interest rate = ($200 / $5,000) × 100

Interest rate = (0.04) × 100

Interest rate = 4%

Therefore, annual interest rate on bond is 4%

4 0

2 years ago

What are five natural resources economic quiestion<br>

musickatia [10]

I don’t know but what I do know is imma get my daily verification so thank you buddy hopefully someone answers your question

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2 years ago

In a closed economy, saving and investment must be equal, but this is not the case in an open economy. In the following problem,

Lilit [14]

Answer:

S>I

Explanation:

$Y = C + I + G + (X - M) \\Y = C + I + G + NX$

National saving is the income of the nation left after paying for government purchases and consumption. So,

$S = Y - C - G$

$Y = C + S + G \\$

Plugging this back into the equation for GDP, we get

$Y = C + I + G + NX \\C + S + G = C + I + G + NX \\S = I + NX \\S = I + NX\\S = I + NCO$

where, NCO is Net capital outflow.

When there is balanced trade, we have

$X = M \\i.e \\NX = 0 \\So, S = I$

When there is trade surplus, we have

$X>M \\NX > 0 \\NCO > 0 \\Y > C + I + G$

Thus,

$S > I$

6 0

2 years ago

A company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 9, 20

lutik1710 [3]

Answer:

February 9, merchandise purchased on account:

Dr Merchandise inventory 57,000

Cr Accounts payable 57,000

March 7, merchandise sold on account

Dr Accounts receivable 79,000

Cr Sales revenue 79,000

Dr Cost of goods sold 57,000

Cr Merchandise inventory 57,000

Explanation:

Since we are not told the date when the company pays for the purchased merchandise, we can assume any date of February to record the payment:

Dr Accounts payable 57,000

Cr Cash 57,000

The same for the collection of the sales account:

Dr Cash 79,000

Cr Accounts receivable 79,000

7 0

2 years ago