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
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.
You might be interested in
In a data warehouse environment, ETL refers to extraction, transformation, and language. True or False?
vagabundo [1.1K]

In a data warehouse environment, ETL does not refers to extraction, transformation, and language.

<h3>What is ETL?</h3>

ETL means Extract, transform and load (ETL).

It is a procedure for copying data usually form one or more sources into another system.

This language is used in data environment

Therefore, In a data warehouse environment, ETL does not refers to extraction, transformation, and language.

For more details on ETL data warehouse kindly check

https://brainly.in/question/368501

4 0
2 years ago
When determining the markup to be used in a cost-plus pricing formula, many companies base the markup on a target: return on inv
Grace [21]

Answer:

return on investment

Explanation:

At the time of calculating the markup that used for the formula of cost plus pricing many companies would base the markup on the target return on investment as the return on investment considered the net operating income as it takes after considering all the other type of cost

Therefore as per the given situation the first option is correct

6 0
3 years ago
Page 13 1.2. What are five foundations of economics? Caroline has several options for how to spend her Saturday night, listed in
Savatey [412]

Answer:

Economic theory' five pillars are opportunities, trade-offs, the expense of opportunity, marginal valuation as well as the theory of value-creating exchange.

In simple words, opportunity cost refers to the cost of losing profits by choosing one alternative over the other. Thus, if Caroline choose to got to music concert, her opportunity cost would be the loss of privilege to be at shopping or dinner. Same applies to other two options.

3 0
3 years ago
You receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of .5 percent per year, co
user100 [1]

Answer:

$738.39

Explanation:

<u>Interest is compounded for first 6 months</u>

Amount at the end of 6 months = $6,300 * (1+0.05/12)^6

Amount at the end of 6 months = $6,300 * 1.025262

Amount at the end of 6 months = $6,459.15

<u>Therefore, 17.3%</u>

Amount at the end of 12 months = $6,459.15*(1+0.173/12)^6

Amount at the end of 12 months = $6,459.15*1.0896782

Amount at the end of 12 months = $7,038.39

Interest owed = Amount owed - Principal

Interest owed = $7,038.39 - $6,300

Interest owed = $738.39

3 0
3 years ago
This morning, you purchased a seventeen-year, 6.45% annual coupon bond with face value of $1,000 at a price of $1,030.04. Just a
iogann1982 [59]

Answer:

6.73%

Explanation:

the price of the bond in seven years is:

PV = $1,000 / (1 + 5.50%)¹⁰ = $585.43

PV of coupon payments = $64.50 x 7.538 (PVIFA, 5.5%, 10 years) = $486.20

market price = $1,071.63

using an excel spreadsheet of financial calculator, the annual rate of return:

year 0 = -1030.04

year 1 = 64.5

year 2 = 64.5

year 3 = 64.5

year 4 = 64.5

year 5 = 64.5

year 6 = 64.5

year 7 = 1136.13

IRR = 6.73%

8 0
3 years ago
Other questions:
  • Tustin Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 68 Manuf
    7·1 answer
  • 4) All of the following are true of known liabilities except:A) Include accounts payable, notes payable, and payroll.B) Are obli
    7·1 answer
  • International Toys (IT) manufactures toys in South Carolina and sells them to stores around the world. A customer in Europe is i
    15·1 answer
  • On January 1, 2016, NFB Visual Aids issued $800,000 of its 20-year, 8% bonds. The bonds were priced to yield 10%. Interest is pa
    9·1 answer
  • The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing mor
    15·1 answer
  • Which act prohibits an employer from paying an employee of one gender less money than an employee of the opposite gender where t
    15·1 answer
  • Suppose there is a product that is being sold in a perfectly competitive market. If the market price of the product falls​, prod
    9·1 answer
  • Corey has two jobs offers for sales jobs. For job A, he would earn a monthly salary of $2,500 and no commission. For job B, he w
    14·1 answer
  • Remo Company and Angelo Inc. are separate companies that operate in the same industry. Following are variable costing income sta
    5·1 answer
  • The day after you said goodbye
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!