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
Shalnov [3]
3 years ago
12

An accounting entry that is characterized by having multiple debits​ and/or multiple credits is called a​ ________ entry. A. com

pound journal B. chart of accounts C. posted D. balanced
Business
1 answer:
mario62 [17]3 years ago
8 0

Answer:

A. compound journal entry

Explanation:

Compound journal entry -

It refers to the type of accounting entry , which consists of more than one debit or credit , is referred to as compound journal entry .

It is the combination of various simple journal entries together to form a compound journal entry .

Hence , from the given information of the question,

The correct option is A. compound journal entry .

You might be interested in
While many others dreamed about owning their own business, Holly Gabrel decided to do something about it. Holly knew that being
tatyana61 [14]

Answer:

Sole proprietorship

Explanation:

The characteristics of Sole Proprietorship includes unlimited liability and the owner of the business runs the business. In this case, the owner Holly is legal owner of the business and is involved in the marketing and production of the business. As the business is not registered as a company, the liability is unlimited which meets the criteria of sole proprietorship.

3 0
3 years ago
which one of the following is the primary determinant of a firm's cost of capital? a. cost of debt b. d/e ratio c. tax rate d. u
kolbaska11 [484]

Use of the funds ne of the following is the primary determinant of a firm's cost of capital. (OPTION D).A company's capital structure, or how money is used, will vary depending on the characteristics of its operational industry.

The main determinant of the firm's funds of capital would be its capital structure or method of usage. Firm traits including expansion, size, collateral asset value, profitability, volatility, non-debt tax shields, distinctiveness, industry, etc. are factors that affect capital structure. There may be numerous indicators for each capital structure factor. Tangibility, profitability, sales growth, business risk, and firm size act as moderating variables when determining capital structure in this study.

To learn more about funds, click here.

brainly.com/question/15444609

#SPJ4

4 0
1 year ago
Banks can create an unlimited amount of money. True or false, and why?
Eduardwww [97]
Could be true. Banks use the stored money to invest, and if they make the right investments, theoretically they can have excess in money, investing more with the excess, and this keeps happening.
4 0
3 years ago
Sadie and Sam share income equally. For the current year, the partnership net income is $40,000. Sadie made withdrawals of $14,0
4vir4ik [10]

Answer:

Explanation:

Beginning capital balance(Sam)  $58000

+ Currnt year income ( $40000 / 2 = $20000) $20000

[Devide by 2 because they share income]

- Sam's withdrawal  ($15000)

Sam's capital balance = 58000+20000-15000 = $63000

8 0
3 years ago
Since 2008, Ben has owned all 100 outstanding shares of N and M Corporation’s stock. Ben’s basis for the stock is $50,000. In 20
FromTheMoon [43]

Answer:

A. $75,000 dividend

Explanation:

This is not  a capital gain as it do not come from the change in the value of the previously owned shares this are new shares.

The shares which N and M provide in favor to Ben are an stock dividend thus, the tax treatment should be of dividends as well.

6 0
3 years ago
Other questions:
  • Listed below are a few transactions and events of Piper Company. Piper Company records a year-end entry for $10,000 of previousl
    10·1 answer
  • Discuss how a minor change in demand at the retail level can significantly impact supply chain variation at distributors, manufa
    14·1 answer
  • Christin, the CEO of a national IT manufacturer, was approached by Ultimate Phones, a new company that is marketing a new type o
    14·1 answer
  • FILL IN THE BLANK
    12·1 answer
  • When writing a research–based literary analysis, what is the most important step after reading the poem or novel very carefully?
    15·1 answer
  • Rome Inc. owns 30% of Amber Co. and applies the equity method. During the current year, Rome bought inventory costing $66,000 an
    9·1 answer
  • In a contract <br> each party has what
    9·2 answers
  • What is the difference between the price of a product<br> and the opportunity cost of a product?
    8·1 answer
  • Which of the following sources of income is money made from tenants who live in a property that you own?
    8·2 answers
  • Yahoo! recently eliminated _________ despite its many advantages because it was perceived as undermining corporate culture.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!