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attashe74 [19]
3 years ago
12

Lynch Custom Adventures utilizes accrual-basis accounting. Until the ________ proves the ________ of debits and credits, Lynch w

ill be unable to prepare GAAP-based financial statements.
Social Studies
1 answer:
Svetach [21]3 years ago
6 0

<u>Answer: </u>

Until the adjusted trial balance proves the equality of debits and credits, Lynch will be unable to prepare GAAP-based financial statements.

<u>Explanation: </u>

  • The method of accrual basis accounting simply uses the technique of recording the transactions under two different heads. These heads are 'revenue' and 'expenses'
  • In this method, whatever income the organization gets is recorded under the 'revenue' head and the costs that are incurred are recorded under the 'expenses' head.
  • This dispenses convenience of both, recording the transactions and tallying them at the end.
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mezya [45]

Answer: Populism emerged as a mass phenomenon that challenged the political system. On the one hand, it has been understood within the processes of democratic expansion and, on the other, it has been identified as its enemy, as a radicalized phenomenon of democracy that weakens it, because it destabilizes its institutions.

Explanation:

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What are two reasons that people in the colonies stayed loyal to britain
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3 years ago
In which two ways do federal judges differ from members of Congress and the president?
Sloan [31]

Two ways in which federal judges differ from members of Congress and the President are:

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<h3 /><h3>How are federal judges different from members of Congress?</h3>

Members of Congress need to be elected to be able to serve their constituents much like Presidents are elected. They also serve a certain number of terms when they are elected.

Federal judges on the other hand, can serve for life and are appointed by the President with the consent of the Senate which means that they don't to vote.

Find out more on the appointment of federal judges at brainly.com/question/7576271

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3 0
2 years ago
What does tell her about what Peet’s did? Why do you believe Cartness shares this information with her?
Tems11 [23]

Answer:

what are you refering to good sir?

Explanation:

4 0
4 years ago
Many of the students in Dr. Smith's criminology class are taking the course as part of a requirement. However, nine students are
Nina [5.8K]

Answer: Overconfidence

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Overconfidence is defined as the behavior in which excessive confidence is shown by any person. The person usually relies on subjective knowledge while making and decision and prediction rather than focusing on objective knowledge. Accuracy in these type of decision is low and information or knowledge is high.

According to the question, students are avoiding the overconfidence trait by avoiding the belief of becoming professional in criminal justice field to reduce the temptation and focus on objectivity of the field.

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