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]
4 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]4 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
Chris has three options for settling an insurance claim. Option A will provide $1,500 a month for 6 years. Option B will pay $1,
Papessa [141]

Answer:

  • <u><em>Option B. $1,025 a month for 10 years.</em></u>

Explanation:

Calculate the present value of each option:

     \text{Monthly rate: } 6.8\%/12 = 0.068/12 = 0.005\overline 6

Formula:

        PV=C\times \bigg[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}\bigg]

Where:

  • PV is the present value of the constant monthly payments
  • r is the monthly rate
  • t is the number of moths

<u>1. Option A will provide $1,500 a month for 6 years. </u>

         PV=$\ 1,500\times \bigg[\dfrac{1}{(0.005\overline 6}-\dfrac{1}{0.005\overline 6(1+0.005\overline 6)^{(6\times12)}}\bigg]

         PV=\$ 88,479.23

<u>2. Option B will pay $1,025 a month for 10 years. </u>

         PV=$\ 1,025\times \bigg[\dfrac{1}{(0.005\overline 6}-\dfrac{1}{0.005\overline 6(1+0.005\overline 6)^{(10\times12)}}\bigg]

         PV=\$ 89,068.22

<u>3. Option C offers $85,000 as a lump sum payment today. </u>

<u></u>

  • PV = $85,000
<h2 /><h2> Conclusion:</h2>

The present value of the<em> option B, $1,025 a month for 10 years</em>, has a the greatest present value, thus since he is only concerned with the <em>financial aspects of the offier</em>, this is the one he should select.

3 0
3 years ago
Which of the following would not work on a newspaper either in print or online form
Arada [10]
D - A Superintendent
6 0
3 years ago
Assume an increase in global agricultural production of food due to technology while global population remains the same. Due to
MA_775_DIABLO [31]

Answer:

The equilibrium price falls and quantity increases

Explanation:

When the supply of food rises without a corresponding increase in demand , there would be an excess supply.

When there's excess supply, prices fall and the quantity produced rises.

I hope my answer helps you

6 0
3 years ago
If a transformational leader is supposed to be so smart and visionary, why would he or she emphasize empowerment in his or her l
love history [14]

Explanation:

A transformational leader is the one that identifies where changes are needed and guide this change by motivating and inspiring the group, <em>changing expectations and perceptions in order to achieve a common goal, this common goal is the reason why they enphasize empowerment.</em>

I hope you find this information useful and interesting! Good luck!

6 0
3 years ago
Millennials who patronize restaurants and other out-of-home food purveyors have become increasingly health- and nutrition-consci
Hoochie [10]

Answer: target

Explanation:

A target market are the group of customers which a business or a company directs the resources and its marketing efforts towards.

From the question above, since Millennials who patronize restaurants and other out-of-home food purveyors have become increasingly health- and nutrition-conscious, the strategy used by many fast food companies to improve the nutritional profile of their menus by adding items such as salads, fresh fruit, and plant-based meat substitutes is intended primarily to target millennial customers.

The fast food companies are aware that by adding items such as salads, fresh fruit, and plant-based meat substitutes, this may convince Millennial customers to try them out.

Therefore, the answer is option d"targets".

6 0
4 years ago
Other questions:
  • Which of the following is a good question to ask during an informational interview?
    15·1 answer
  • Because budgeted fixed costs remain the same regardless of production volume, a(n):________ variance occurs when there is a diff
    15·1 answer
  • When a multinational firm decides to sell its products abroad, one of the risks the firm faces is that the government of the for
    13·1 answer
  • Our immediate short term memory for new material is limited to roughly ________ units of information.
    14·1 answer
  • Which of the following would cause investment spending to decrease and aggregate demand to shift left? a. a decrease in the mone
    6·1 answer
  • You are planting seeds in a vegetable garden. According to the instructions on the seed​ packet, the seeds should be placed​ 12"
    8·1 answer
  • Which of the following equations correctly identify the cost flow of a merchandising company? a) Net purchases minus beginning i
    10·1 answer
  • On August 1, 2014, Amherst Company reacquired 4,000 shares of its $15 par value common stock for $18 per share. Amherst uses the
    12·1 answer
  • Prepare journal entries to record each of the following sales transactions of EcoMart Merchandising. EcoMart uses a perpetual in
    12·1 answer
  • Scott Company had sales of $12,350,000 and related cost of goods sold of $7,500,000. Scott provides customers a refund for any r
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!