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Nina [5.8K]
3 years ago
8

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

Business
1 answer:
ira [324]3 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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Your uncle is offering to sell you his T-shirt printing business for $1M. You think a multiple of 10X earnings (profit) is fair.
Archy [21]
No because it is to expensive and the modern outfits are changing relatively quickly
8 0
2 years ago
Chandler Co. has a loan that accrues interest at a rate of $28 a day. The company pays the interest once a quarter. What adjustm
prohojiy [21]

Answer:

The Adjustment Entry for accrual of Interest Expense will be as follows:

                                              Dr.       Cr.

Interest Expense                $840

Interest accrued Payable               $840

Explanation:

Interest per day = $28

Interest expense for the Month = $28 x 30 = $840

$840 of Interest expense will be accrued at the end of the month and it should be adjusted accordingly.

3 0
3 years ago
The fed increases the quantity of money. in the short run, the quantity of money demanded ______ and the nominal interest rate _
Nimfa-mama [501]

The quantity of money demanded <u>increases</u> and the nominal interest rate <u>falls.</u>

In the short run, if the Fed(Federal Reserve) increases the quantity of money, the quantity of money demanded will increase and the nominal interest rate falls.  

The quantity of the money supplied and the nominal interest rates has an inverse relation. That is, when there is a huge supply of money in a short-term, it will cause an increase in the nominal interest rate.

The nominal interest rate refers to the interest rate before adjusting to inflation or price-hike. It balances the supply and demand of money.

So when there is an increase in the supply of money ,there will be the resulting increase in the demand of money too. The total money that the population wants to hold is referred as the money demanded.

Learn more about Fed( US Federal Reserve) at brainly.com/question/25843620

#SPJ4

8 0
2 years ago
A producer of beverages and snack foods wants to market its products to the 14-to-22-year-old demographic, providing incentives
yanalaym [24]

Answer:

b.digital marketing

Explanation:

According to my research, in 2019 it is calculated that about 88% of young adults aged 14-22 years old own a cellphone. This being the case, the smartest direct marketing to choose would be "digital marketing". This is because it will reach the vast majority of the 14-22 year old demographic as well as given them the ability to respond instantly to the time sensitive offers through their internet connected devices.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
What is a source of financial vulnerability for people in late adulthood?
nlexa [21]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Below are the choices that can be found elsewhere:

a)   Gambling
   b)   Reliance on fixed income
   c)   Poor investments
<span>   d)   Cost of living
</span>
The answer is B which is Reliance on fixed income

5 0
3 years ago
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