Answer:
d) want
Explanation:
In economics, 'wants' represent the goods and services that we desire to have but are not essential for survival. Want is something we long for now or in the future. Wants are diverse in different people, and will vary depending on personality, environment, economic status, age, and many other factors.
People can survive even if their wants are not satisfied. Naturally, human beings have unlimited wants. Unlike needs, 'wants' keep changing with time. The inability to satisfy one's wants leads to disappointments or sadness, while a lack of needs may trigger diseases or even death.
The report that is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance is called : Adjusted trial balance
<h3>What is an adjusted trial balance?</h3>
Adjusted trial balance is an account prepared that shows the arithmetic accuracy of the ledger. This balance list the general ledger account balances after any adjustments have been made.
An adjusted trial balance include:
- Adjustment for prepaid and accrued expenses.
- Depreciation
Therefore, an adjusted trial balance is a report, constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance.
Learn more about adjusted trial balance here: brainly.com/question/14274904
Answer: D: The telegraph
Explanation:
The telegraph, though it definitely added to the possibilities for economic growth, did not lead to as many immediate applications to industrialization as the other three choices.
Answer:
FV= $269,489.09
Explanation:
Giving the following information:
Monthly payment= $200
Interest rate= 0.075/12= 0.00625
Number of periods= 30*12= 360
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {200*[(1.00625^360) - 1]} / 0.00625
FV= $269,489.09
Answer:
Date Account title and Explanation Debit Credit
31 Dec Bad Debts Expense $37,245
Allowance for doubtful debts $37,245
($31,565 + $5,680)
(To record the adjustment entry)