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Norma-Jean [14]
4 years ago
15

Which of the following accounts are closed at the end of the year?A. accounts receivableB. retained earningsC. salaries expenseD

. service revenue
Business
1 answer:
yarga [219]4 years ago
6 0

Answer:

C. salaries expense

D. service revenue

Explanation:

All temporary accounts need to be closed off at the end of the year. Temporary accounts are accounts that both begin and end the period with a $0 balance so that they do not get mixed up with figures from the next period.

Items in the income statement such as revenue and expenses are closed at year end and will form part of the Retained earnings account as they would have been accounted for in the net income.

Salaries expense and service revenue will therefore be closed at the end of the year.

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Answer:

= $865.79

Explanation:

<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).</em>

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Step 1

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Step 3

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4 years ago
Your company is considering two investments: buying 10% of the sharesin a publicly traded American company that owns five power
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First project

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<em>-  Investment Option 2 is high riskier as we do not know the details of the new company and there are so many unforeseen circumstances surrounding establishing such project in the company. It will also take time to establish in order to start make it profitable.</em>

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3 years ago
How to write an informal essay? ​
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Select an appropriate topic.

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Write the essay based on the outline you've created.

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34kurt

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