Answer:
B. Preparing a trial balance
Explanation:
A trial balance is not account, it simply represents a list of debits and credits derived from the ledgers. The list is usually generated after transactions have been taken from their source documents, posted to the journals and then transferred to the ledgers.
The trial balance will usually list the total of ledger items posted as debit or credit balances just as they are in the ledgers.
As said earlier, the trial balance is not an account, it is a self-check to ensure that there are no numerical errors in the debit and credit postings in the ledgers.
It simply ensures that the credit balances are equal to the debit balances meaning every debit entry had a corresponding credit entry confirming the use of double entry principle in ledger preparation.
The financial statements are usually prepared after the trial balance has verified the accuracy of debit and credit entries.
Today, Colombia is the dominant producer of U.S. cut flowers, with roses, carnations, spray chrysanthemums and Alstroemeria among its top crops
The type of liability that is illustrated in this scenario is known as unlimited liability.
<h3>What is unlimited liability?</h3>
It should be noted that in an unlimited liability company, the general partners are responsible for all the debts and liabilities that are incurred.
In this case, each general partner is liable for the debts of the firm, no matter who was responsible for causing the debt.
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Answer:
Income inequality ratio
Explanation:
The income inequality ratio is an incomplete picture because a single number cannot fully reflect the sources of the underlying differences in income.
Income inequality refers to the uneven distribution of income among the population of a particular place. It is the difference in the allocation of income in a particular country.
Income inequality occurs across different segments of the population such as gender(male and female), ethnic group, occupation, geographical location etc.
The Gini index is widely used to compare disparities in income.
97.5
$780,000 ÷ $8,000 = 97.5 GRM
GRM means the Grievance Redress Mechanism prepared as could also be agreed between the Parties for the aim of resolving gross rent social issues or grievances arising out of or in reference to the Project Framework Documents.
In order to work out the gross rent multiplier, you'd divide the value of the property by its gross income. As an example, if a property is selling for $5,000,000 and it produces a Gross income of $820,000, the GRM would be $5,000,000 divided by $820,000 which ends during a value of 6.09.
Global Response Management (GRM) may be a veteran-led international medical NGO registered within the u. s. as a 501(c)(3) organization. A "good" GRM depends heavily on the kind of rental market within which your property exists.
A percent defined because the monthly expected rent for a property divided by terms of the property. The lower the rent to value ratio, the higher an investment. A perfect rent to value ratio is 0.7%, and 1% or higher is great.
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