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3 years ago

What is the major difference between the unadjusted trial balance and the adjusted trial balance?

Business

2 answers:

11Alexandr11 [23.1K]3 years ago

5 0

Answer:

The correct answer is Option a. The adjusted trial balance includes the postings of the adjustments for the period in the balance of the accounts.

Explanation:

The trial balance is a summary of all the account balances for an organization, usually spooled at the end of the year. The possibility exist that transaction that occurred during the year are not captured, accurately or properly recorded in the books. When the company's financial statements are reviewed at the end of the year, adjustments may be made to the unadjusted trial balance to include transactions previously not recorded, accurately or properly captured in the books of accounts.

The inclusion of these adjustments results in the adjusted trial balance.

Hence Option a which states that the adjusted trial balance includes the postings of the adjustments for the period in the balance of the accounts is the right option.

zzz [600]3 years ago

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Research the Minnesota Importance Questionnaire (MIQ) and write one paragraph explaining the purpose and benefits of taking this

koban [17]

Answer:

The Minnesota Importance Questionnaire, or MIQ, is a questionnaire that students can take in high school or college. This is a value inventory that asks questions about your personal work values so you can see what career might be best for you. After you take the test, it matches you with a selection from 185 different occupations, which represent major careers in the world. The results of the assessment, when matched with a career or different careers, are supposed to help you find out which kind of career might be best for you.

Explanation:

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3 years ago

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DeBondt and Thaler (1985) found that the poorest-performing stocks in one time period experienced __________ performance in the

Goryan [66]

Answer:

DeBondt and Thaler (1985) found that the poorest-performing stocks in one time period experienced <em>good</em> performance in the following period and that the best-performing stocks in one time period experienced <em>poor</em> performance in the following time period.

Explanation:

DeBondt and Thaler carried out a study that examined stocks of 35 worst and best performing firms over a previous five-year period.The study showed that over the following three-year period, the firms that were previously performing poorly performed better than the former best performing firms, by an average of 25%.This reversal in the fortunes of stocks of firms in the following period is called the Reversal Effect.

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3 years ago

Blue Spruce, Inc. is considering purchasing equipment costing $72000 with a 6-year useful life. The equipment will provide annua

Stella [2.4K]

The approximate internal rate of return for this investment is $0.054.

<h3><u>What is rate of return?</u></h3>

The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR).
You determine the percentage change from the start of the period to the end when computing the rate of return.
Any type of investment instrument, including real estate, bonds, equities, and fine art, can be subject to a rate of return (RoR).

Any asset can be used with the RoR as long as it is purchased once and generates cash flow at some point in the future. The attractiveness of various investments can be determined, in part, by comparing their historical rates of return to those of comparable assets.

We have, (Net Annual cash inflow x PV of an Annuity of 1 at 10%) - Initial Investment = Net present value (find closest to zero))

($17,514 x 4.111) = $72000.054 - $72,000 = $0.054 (closest to zero).

Know more about rate of return with the help of the given link:

brainly.com/question/24232401

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1 year ago

Nowadays, many of the huge factories and industries ___________to function if there was no adequate electric power. A. Were unab

nalin [4]

Option B. Nowadays, many of the huge factories and industries <u>Would be unable</u> to function if there was no adequate electric power.

<h3>What is electric power?</h3>

The rate of electrical energy transmission over an electric circuit per unit of time is measured as electric power in physics. P stands for power, which is denoted and measured using the SI unit of power, the watt, or one joule per second. Electric batteries and electric generators are frequently used to produce and supply electricity.

The speed at which energy is converted into an electrical circuit or used to produce work is known as electric power. It is a way to quantify how much energy is consumed over a certain period of time.

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1 year ago

The federal legislation that replaces nclb, and articulates broad national goals and serves to guide much of federal educational

marin [14]

The federal legislation that replaces NCLB articulates broad national goals, and serves to guide much of federal educational funding is <u>ESSA</u>

President Lyndon B. Johnson signed the Elementary and Secondary Education Act into law in 1965. (ESEA). Johnson's War on Poverty was renewed in December 2015 as part of the Every Student Succeeds Act, which enjoyed significant bipartisan support (ESSA). Equal access to education and closing opportunity gaps are two issues that ESSA prioritizes above all others since they begin before children enter the K–12 system.

The nation's comprehensive K–12 education laws, which recognize the value of early childhood education (ECE) in ensuring kids are ready for kindergarten and do not fall behind later in life, for the first time incorporate early learning across the law.

This includes the Preschool Development Grant Birth through Five program (PDG B-5)—the first-ever funding source specifically designated for early childhood education—which offers states competitive grants to enhance ECE coordination, quality, and access.

Even though the No Child Left Behind Act of 2001, the predecessor to ESSA, permitted investments in early learning, ESSA significantly increases the importance of early learning in the law by encouraging service coordination among communities, encouraging greater alignment with the early elementary grades, and increasing ECE knowledge and capacity among teachers, leaders, and other staff members who work with young children.

Thus, ESSA is doing a great job and this has increased the literacy rate too.

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1 year ago