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PolarNik [594]
3 years ago
6

On the adjusted trial balance, retained earnings is: Multiple Choice Stated at the period-end amount. Stated at the period-begin

ning amount. Adjusted for all revenues and expenses for the period. Adjusted for the period's dividends.
Business
1 answer:
g100num [7]3 years ago
4 0

Answer: Stated at the period-beginning amount

Explanation: An adjusted trial balance is a list of general ledger accounts balances after an adjustment have been made on the accounts. It is an internal documents.

The balances from the adjusted trial balance is used to prepare the financial statement.

Retained earnings are the accumulated profits a company has made over time less dividend paid and other payments to the company's investors.

Retained earnings are not stated in the trial balance.

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In the circular flow of income, Keynesian equilibrium obtains when a) All the individual sectors are in equilibrium: S=I, T=G, M
olga nikolaevna [1]

Answer:

The answer is B:

The aggregate injections equal aggregate withdrawals S+T+M = I+G+X.

Explanation:

In the circular flow of income, Keynesian equilibrium obtains when The aggregate injections equal aggregate withdrawals S+T+M = I+G+X.

Where S = Saving

T = Taxes

Imports = (M)

I = Investments

G = Government spending

X = Exports

An equilibrium is approached when there is a balance between the savings, taxes and imports and investments, government spendings and exports.

5 0
3 years ago
Augie purchased one new asset during the year (five-year property) on November 10, 2017, at a cost of $660,000. She would like t
Alborosie

Answer:option (e)

None of the above

Explanation:

The mid quarter convention applies to this MACRS calculation.

§ 179 expense $500,000

Additional first-year depreciation= [($650,000 - $500,000) × 0.50]

$75,000 MACRS cost recovery ($75,000 × 0.05) 3,750

Total = $78,750

Income from the business before the cost is recovered is $600,000 less. Therefore, the Total cost recovered;

Total cost recovery= (78,750)

§ 179 business income limitation $521,250

Therefore, Augie's total cost recovery deduction;

= $500,000 + $78,750

= $578,750.

4 0
3 years ago
steven's income decreased from $1,800 a month to $1,200 a month when he went back to school. as a result, he cut back on trips t
Ymorist [56]

Steven's income elasticity is 0.83

<h3>How to calculate the income elasticity ?</h3>

Income elasticity can be described as the change in the quantity demanded by the change in the income

Steven's income decreased from $1800 to $1200

His trips also decreased from 15 to 10

The Income elasticity can be calculated as follows

= 15 -10/(1800-1200) × 100

= 5/600 × 100

= 0.00833 × 100

= 0.83

Hence the income elasticity is 0.83

Read more on income elasticity here

brainly.com/question/14620012?referrer=searchResults

#SPJ1

6 0
2 years ago
Fact Pattern: Management discovers that a supervisor at one of its restaurant locations removes excess cash and resets sales tot
sasho [114]

Answer: <u><em>The accounting for customer food checks by the supervisor. </em></u>

An unfitting classification of responsibilities existed because the supervisor was accountable for accounting for customer food checks and depositing acknowledgment and had the quality to set POS totals .

<u><em>Therefore, the correct option is (a)</em></u>

3 0
3 years ago
Marketing intermediaries add __________ utility to products by having them available when consumers want them.
ryzh [129]

Based on business sales strategy, marketing intermediaries add <u>time utility</u> to products by having them available when consumers want them.

This is because the <u>time utility</u> allows the business firms and marketers to make the products available to the consumers whenever they need them.

<u>Time utility</u> is a marketing tool used by the business firms like retails to add value to products and to bridge the gap between the products and consumers.

Hence, in this case, it is concluded that the correct answer is "<u>time utility</u>."

Learn more here: brainly.com/question/12514869

3 0
3 years ago
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