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
Kipish [7]
3 years ago
5

The balance sheet reports revenues and selling costs for a period of time.

Business
1 answer:
Reika [66]3 years ago
3 0
I would say false, the sheet that reports the revenues and the costs is known as the income statement. the balance sheet is the sheet that would report all of the assets (such as the cash, accounts receivable, or others). The balance sheet will also report all the liabilities (including the accounts payable, notes payable and others). Lastly, the balance sheet will also report the equity or the capital account of the business. So in a nutshell, the balance sheet reports the assets, liabilities, and owner's equity.
You might be interested in
Which change within the federal government results from the census that is taken every ten years?
andrezito [222]

Some states lose or gain members in the House of Representatives.

8 0
3 years ago
Food Well Inc. is an organization that operates several companies that market bulk food products, restaurant equipment, and disp
Nikolay [14]

Food Well is pursuing a Focus differentiation strategy.

<h3>What is Focus differentiation?</h3>

This is known to be a method  used in competitive advantage where a firm tries to outperform its rivals through the act of offering a product that is seen by consumers to be superior to that of competitors even if its price is higher.

It is known to be used in adopting a differentiation focus strategy. Here, the firm is based on narrow market coverage, and others.

Learn more about strategy from

brainly.com/question/9134427

3 0
2 years ago
Which of the following are reasons the aggregate demand curve is downward sloping? Check all that apply.
krek1111 [17]

Answer:

1) A higher price level decreases the real value of consumers' assets.

2) A lower price level makes domestically produced goods less expensive than foreign goods.

Explanation:

The aggregate demand curve represents the number of demands of the goods and services at various price levels. The downward sloping of the demand curve indicates that with the dropping of the price level of a commodity, the demand increases. At the same time, the national income increases as the result of the dropping of the price. There are three reasons why the aggregate demand curve is downward sloping. The reasons are wealth effect, interest-rate effect, and net exports effect.

6 0
3 years ago
On the worksheet, Accounts Receivable has a debit balance of $15,000 on the Unadjusted Trial Balance. In the Adjustments there i
Art [367]

Answer:

The adjustment balance will be of 18,000

Explanation:

We should build Accounts Receivables T-account to get the adjusted balance:

Accounts Receivables

<u>DEBIT              CREDIT</u>

 15,000  UNADJUSTMENT

<u>   3,000  ADJUSTMENT</u>

18,000 ADJUSTED BALANCE**

**As the adjustment is in the same side as the unadjusted balance, we add it. So we end up with 15,000 + 3,000 = 18,000

6 0
2 years ago
Compared with a career , a job ?
Margaret [11]
A job is just a short term thing to get cash and build up experience . a career is a long term pursuit of lifelong ambition . a career you enjoy the rest of your life
5 0
3 years ago
Read 2 more answers
Other questions:
  • AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $165
    12·1 answer
  • Pensacola Inc exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance
    15·1 answer
  • FILL IN THE BLANK
    9·1 answer
  • When the price of bubble gum is $0.50, the quantity demanded is 400 packs per day. When the price falls to $0.40, the quantity d
    5·1 answer
  • The first electronic stock market is known as
    6·1 answer
  • A company issues 9%, 5-year bonds with a par value of $140,000 on January 1 at a price of $145,678, when the market rate of inte
    6·1 answer
  • Select all that apply. Choose the numbers that are factors of 50. 2 25 4 8 10 15dfguyaedudgasgas
    9·2 answers
  • Which of the following is the best way to protect against identity theft?
    11·2 answers
  • Please help me
    11·1 answer
  • ____ allow a company to monitor whether salespeople are engaging in tasks such as calling on new accounts, collecting past-due a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!