Answer:
The normal balance of an expense account is a credit
Explanation:
As we know that
The debit sections records assets and expenses side
whereas, the credit sections records revenue, stockholder equity, and the liability side.
In the given case, the normal balance of account receivable is a debit balance as it is a current asset plus the dividend has also the debit balance
The deferred revenues has credit normal balance plus the normal balance owner equity account has a credit balance
But the normal balance of the expense account has debit balance instead of credit balance
Answer:
Profit= $1600
The profit which firm is generating is $1600.
Explanation:
Formula:
Profit= Total Selling Cost- Total Actual Cost
Profit= (Price at which unit is sold*Number of units) - (Average cost*Number of units)
In our case:
Number of units=800 units
Price= $6
Average cost= $4
Profit= ($6*800) - ($4*800)
Profit= ($4800) - ($3200)
Profit= $1600
The profit which firm is generating is $1600.
More information is needed to completely answer your question
The answer is C: $63.54. The credit card will be charged $63.54 in Canadian dollars for 12.00 gallons of gas.
Solution:
Gas is sold per liter in Toronto, Canada for = $1.399
Car needs = 12.00 gallons
12 galloons = 45.4249 liters
Therefore, 45.4249 liters of gas = 45.4249 * 1. 399
= 63.54
Thus, The credit card will be charged $63. 54 for 12.00 gallons of gas.
The official currency of Canada is the Canadian dollar (sign: $; code: CAD; French: dollar canadien). There is no standard disambiguating form; nevertheless, prominent style guides frequently recommend the abbreviation Can$ to distinguish it from other dollar-denominated currencies. It is abbreviated with the dollar sign $. There are 100 pennies in it.
Gas is sold for $1.399 per liter in Toronto, Canada. Your car needs 12.00 gallons. How much will
your credit card be charged in Canadian dollars?
A) $67.15
B) $16.79
C) $63.54
D) $4.44
Learn more about Canadian dollars here:
brainly.com/question/18246498
#SPJ4
Answer:
C. II and III
Explanation:
These are the options for the question
I Filing
II Coordination
III Qualification
A. I only
B. II only
C. II and III
D. I, II, III
The Securities and Exchange Commission (SEC) can be regarded as an oversight agency of U.S. government, which responsible for regulation of securities markets as well as protection of investors. civil actions can be taken by SEC against lawbreakers, they aworks hand in hand along with Justice Department on criminal cases. For a company to register under them , there must be Coordination and Qualification. It should be noted that company that has never previously issued securities registered with the Securities and Exchange Commission, can register in a State by Coordination and Qualification
