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MArishka [77]
4 years ago
10

In the adjusted trial balance, the balance of the Retained Earnings account is its balance at the end of the accounting period—t

he balance after all revenue, expense, and dividend transactions.True / False.
Business
1 answer:
Papessa [141]4 years ago
7 0

Answer:

False.

Explanation:

As we know that the adjusting trial balance is prepared after passing the adjusting entries.  

Moreover, the debit column of the trial balance and the credit column of the trial balance should be equal and matched.  

Plus the revenue, expense, gain, loss are the temporary account which is not be considered as they are closed.  

So, the balance of the retained earnings would be the same as the beginning balance.

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Which of the following is true regarding GASB's definition of the financial reporting entity?
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Answer:

d. All of the above are true

Explanation:

According to my research on the GASB's definition of the financial reporting entity, I can say that based on the information provided by the GASB website, all of the above statements provided are true. They can consists of many components such as joint ventures or jointly governed organizations, governments can be general purpose governments or special-purpose governments, and Blending is used.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
Using the following information, determine the location quotient for Motor City: employment in motor vehicle manufacturing withi
ValentinkaMS [17]

Answer:

15.7

Explanation:

In this question we have the following information

Employment in Motor Vehicle manufacturing within city = 12643

Total employment in motor city = 560379

Total individual employment = 152750

Total employment = 106201232

We get the location quotient as

(12643/560379)/152750/106201232

0.02256/0.001438

= 15.69

This is approximately

15.7

Therefore the location quotient = 15.7

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3 years ago
When discussing comparative and absolute advantage, which best describes specialization? developing expertise in certain types o
777dan777 [17]

The answer is: limiting the types of goods and services produced

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For example, Malaysia is conducting a specialization in latex related products. They choose to do this because they possess the environment that is perfect for  latex tree to grow. Currently, they are among the top three latex producers in the world.

3 0
3 years ago
Read 2 more answers
The practice of subcontracting work to other people or companies is called
MAXImum [283]
The practice of subcontracting work to other people or companies is called outsourcing. Many companies will outsource work if they can have it completed for cheaper, better quality and/or at a faster rate. Outsourcing within the home country and out of the home country has become extremely popular over the years.
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3 years ago
Boosting morale in a workplace through reorientation is accomplished by giving employees _____.
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Boosting morale in a workplace through reorientation is accomplished by giving employees a new direction and focus. Reorientation refers to changing the focus or direction of how things are currently going. If a company needs reorientation, the current focus or direction is not working. The change in focus allows for the employees to gain new tactics that may be worthwile for the employees to try new things.

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3 years ago
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