Identify the accounts that would normally have balances in the debit column of a business’s trial balance

1 answer:

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Identify the accounts that would normally have balances in the debit column of a business’s trial balance: assets and expenses. Assets are anything a company owns that is of value that can help offset debts. Expenses are anything that a business accrues and pays to operate. Business expenses and assets can serve as a debit to the company because assets are bought from the company, making a debit from accounts and expenses are debited to pay debts.

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The correct answer that would best complete the given statement above would be option 1. objective. Based on the given situation above about how Betty's performance was evaluated, Betty experienced an objective appraisal method. It is objective since it is based on graphic rating forms. Hope this answer helps.

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Fixed overhead costs: A. never have any unused capacity B. should be unitized for planning purposes C. are unaffected by the de

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Answer:

C. are unaffected by the degree of operating efficiency in a given budget period.

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Fixed over head costs or indirect costs are cost that do not vary with the level of out put. They are essential cost required to manage a business.

These costs are the same months by Months and are needed for the smooth running of the business. They are also unaffected by the degree of operating efficiency in a given budget period.

Examples of fixed overhead are rents, salaries, depreciation , insurance and taxes. It should however be noted that if there is an increase in sales compared to the budgeted sales of the company, there could be an increase in fixed overhead cost due to additional employees and administrative staff.

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Answer:

The correct answer is letter "D": smaller, community banks.

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The Great Recession is the economic fall that occurred between 2007 and 2009 as a result of the housing bubble burst in the U.S. During this period many well-known firms such as Chrysler, General Motors, and Lehman Brothers filed for bankruptcy. However, not all the business experienced a downturn.

A study conducted by the Federal Reserve Bank of St. Louis (2013) indicates that 417 banks and thrift institutions failed between 2006 and 2011 but 702 small community banks reported total assets of around $10 billion by allowing individuals to benefit from loans. Banks and thrift institutions were too conservative in loans during the Great Recession which was interpreted in lower revenues.

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The DIALECTIC METHOD or DIALECTICS at it's basic level is a sort of debate between people of opposing viewpoints who wish to use the debate to come up with the best viewpoint by stating the facts and truths of their viewpoints.

They speak on whatever misgivings they may have about the other and explain in a logical manner why their views are better.

It is 'sort' of like a debate because unlike debates, it isn't supposed to get emotional but be fact and merit based.

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