Quality value price reach consumer goods
The report that is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance is called : Adjusted trial balance
<h3>What is an adjusted trial balance?</h3>
Adjusted trial balance is an account prepared that shows the arithmetic accuracy of the ledger. This balance list the general ledger account balances after any adjustments have been made.
An adjusted trial balance include:
- Adjustment for prepaid and accrued expenses.
- Depreciation
Therefore, an adjusted trial balance is a report, constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance.
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Answer:
$88,000
Explanation:
Calculation to determine What amount of compensation should Argon report in Logan's Form W-2 for year 2
First step is to determine the bargain element
Bargain Element=$25 per share-$10per share
Bargain Element=$15 per share
Now let determine the amount of compensation
Using this formula
Compensation=Salary earned+Taded stock+(Shares of publicly traded stock*Bargain element)
Let plug in the formula
Compensation=$60,000+$13,000+($100 shares*$15 per share)
Compensation=$60,000+$13,000+$15,000
Compensation=$88,000
Therefore the amount of compensation that Argon should report in Logan's Form W-2 for year 2 $88,000
The right answer for the question that is being asked and shown above is that: "TRUE." Consumers have the right to be protected against false and misleading information about goods and services. This statement is true as far as the consumer's right is concerned.
Answer: Production and consumption occur simultaneously
Explanation:
Services are intangible quantities that possess value and can be traded, services cannot be stored therefore it most times is produced and consumed at the same time.
