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2 years ago

As prepaid expenses expire with the passage of time, the correct adjusting entry will be a:

Business

1 answer:

Nonamiya [84]2 years ago

4 0

Answer:

d. debit to an expense account and a credit to an asset account.

Explanation:

When a prepayment is made, the entries recorded are Debit prepaid expense and credit Cash account to recognize the amount prepaid.

As time passes and the expenses are incurred, the entries required are debit expense account and credit prepaid expense (an asset) with the amount of the expense incurred as a result of the passage of time.

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Which spreadsheet type will determine how well a business has done over the past year?

masha68 [24]

<span>profit-and-loss statement</span>

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2 years ago

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masya89 [10]

Answer:

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Explanation:

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3 years ago

The growth of industrial manufacturing affected skilled tradesmen by:.

alina1380 [7]

answer:

removing control of their labor and their sense of independence.

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1 year ago

The nine-cell attractiveness-strength matrix provides clear, strong logic for Group of answer choices using both industry attrac

aliina [53]

Answer:

using both industry attractiveness and business strength measurements in allocating resources and investment capital to a corporation's different businesses.

Explanation:

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Furthermore, the nine-cell industry attractiveness competitive strength matrix is a strategic framework adopted by individuals or managers in order to assist them in deciding which businesses should have low, average, and high priorities in deploying corporate resources.

Hence, the nine-cell attractiveness-strength matrix provides clear, strong logic for using both industry (market) attractiveness and business strength measurements in allocating corporate resources and investment capital to the different businesses owned by a corporation.

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2 years ago

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kow [346]

Answer:

False

Explanation:

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3 years ago