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Gnom [1K]
3 years ago
12

On the end-of-period spreadsheet, Accumulated Depreciation has a balance of $600 in the Unadjusted Trial Balance column and an a

djustment of $200 in the Adjustments Credit column. What amount should appear for Accumulated Depreciation in the Adjusted Trial Balance column?
A. A credit of $400
B. A debit of $800
C. A debit of $400
D. A credit of $800
Business
1 answer:
Viefleur [7K]3 years ago
3 0

Answer:

D. A credit of $800

Explanation:

The accumulated depreciation is the total depreciation over the years of use of an asset. It usually has a credit balance.

Hence where Accumulated Depreciation has a balance of $600 in the Unadjusted Trial Balance column and an adjustment of $200 in the Adjustments Credit column, the total balance in the Adjusted Trial Balance column is the sum of the two credits

= $600 + $200

= $800 (credit)

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Answer:

Zero based budgeting

Explanation:

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It is time consuming compared to other method of budgeting ( traditional).

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8 0
3 years ago
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The blank spaces will be filled by these words:
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3 years ago
Allison spends a lot of time socializing with friends on facebook, downloading movies, and completing schoolwork. but her older
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I would think it would be yes I think
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Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales $ 6,620 Cost of goods sold 4,240 Depreciation 355 Earnings before
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Answer:

1.59 times

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3 years ago
Acellus Businesses management
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