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
julsineya [31]
3 years ago
10

A trial balance is a(n) (list/balance/chart) ___ of accounts and their balances at a point in time and is used to confirm that t

he sum of debit account balances equals the sum of ___ account balances. Use one word for each blank.
Business
1 answer:
katovenus [111]3 years ago
3 0

Answer:

The correct words for the blank spaces is: list; credit.

Explanation:

A Trial Balance is a worksheet listing the debit and credit balances of all the ledger accounts for an entity. Under accounting theory, <em>the total of all the debits must equal the total of all the credits</em>. Since the trial balance is a list of all the accounts it serves as an accuracy check.

You might be interested in
The richest 20 percent of the families in the united states receive approximately ______ percent of total income.
Jobisdone [24]
The answer would be 50%.

I hope this helps!
6 0
3 years ago
Market efficiency Financial theorists have identified two different types of efficiency in financial markets. The first, informa
inna [77]

Answer: 1. Large

2. Abnormal

3. True

Explanation:

1. At any level, a market’s informational efficiency is likely to be stronger when there is a <u>Large</u> number of market participants.

When there is a larger number of participants, this means that there is a large number of people able to acquire and analyse information about securities and the financial markets.

As a result of this, information is more wide ranging and easily available such that they market has very good information efficiency.

2. The potential for a security to generate <u>Abnormal</u> returns is what generates a profitable investment.

When a security is potentially able to generate abnormal returns, there is a chance of making very profitable returns if those returns are higher or lower than estimated. When returns are estimated, these are usually reflected in the market price already because they are expected, when the returns are better or worse than expected though, this means that the prices were wrong therefore giving a chance of a positive gain on the security.

3. True.

Information efficiency is very important in the market. It can mean the difference between the market being manipulated and used for unfair gains and the market being used fairly by all. Information efficiency gives every market player the same Opportunity to find out about a security and act accordingly instead of select people taking advantage of hidden Opportunities.

5 0
2 years ago
When creditors use the _________, they apply the finance charge only to the amount owed after you've paid your bill each month.
zhuklara [117]

Answer:

Adjusted balance method.

Explanation:

Financial charges that are been summed up at the end of the last cycle of billing or their previous balances are seen to be calculated with this method. And also, it is used in calculation of the interest which are seen to be toppled or owed by people or customers that are seen to using the savings accounts.

A lot of financial institutes rely on the service or this method in the summation of their account holders month end balances.

5 0
3 years ago
Which is a correct statement regarding sandwich prices,<br><br> based on the histogram?
Fudgin [204]

Answer:

Which is a correct statement regarding sandwich prices, based on the histogram? The distribution of sandwich prices is skewed left.

i hope this helps<3 :)

4 0
2 years ago
The minimum amount required for a federal diversity suit is: a. There is no minimum amount if there is diversity. b. $10,000. c.
natulia [17]

Answer:

d. $75,000

Explanation:

Minimum Claim value to claim in the court for a federal diversity suit is $75,000. It is also called the amount in controversy. For example federal court diversity suit requires a minimum value of claim is $75,000. So, The minimum amount required for a federal diversity suit is $75,000 in the court.

5 0
3 years ago
Other questions:
  • A farmer grows wheat, which she sells to a miller for $100. the miller turns the wheat into flour, which she sells to a baker fo
    13·1 answer
  • At December 1, 2017, Swifty Company's Accounts Receivable balance was $12770. During December, Swifty had credit sales of $34200
    7·1 answer
  • Executives at Southwestern Construction have noticed that the company's construction team in the Phoenix office is more efficien
    11·1 answer
  • You decide to take part time job to help with college expenses hours available for study are thus reduced the reduction in study
    5·2 answers
  • You want $1,000,000 when you retire in 40 years. You decided to save some money every year next 40 years for your retirement. Yo
    8·1 answer
  • Project Q has an initial cost of $211,415 and projected cash flows of $121,300 in Year 1 and $176,300 in Year 2. Project R has a
    9·1 answer
  • A check is__? (1 point)
    15·1 answer
  • Who has chegg please answer​
    6·1 answer
  • How creamy is creamy
    5·2 answers
  • Communication response time must be faster than in the past to succeed in the modern workplace.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!