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Lelechka [254]
3 years ago
9

The net increase or decrease in Retained Earnings for a period is recorded by closing entries.

Business
1 answer:
luda_lava [24]3 years ago
8 0

Answer: True

Explanation: The retained earnings are recorded after closing the accounts of the income statement, the surplus called profit or the missing called loss is transferred to equity through the non-distributed profit item.

This undistributed profit account also closes during the accounting period, to clarify how much was generated in a period, they are not like the balance sheet accounts that are cumulative.

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In most casino states and counties, laws protect owners from liability claims arising from problems caused by gambling. In ethic
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Answer: We have no legal responsibility but do have some ethical responsibility.

Explanation: As the owner of a casino we do not have any legal liability but as human and a part of society we do have to make sure that gambling in such casinos is not ruining the environment for the individuals living in it.

We have the responsibility towards the kids especially. We must make sure that kids stay away from such casinos as no one knows at an early age of what is right for them and what is not.

We can make rules about the maximum amount of which one can gamble and should monitor strictly of any other unethical conduct that is going on.

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There's a party at work today. Jimmy is sick and not at work today therefore Jimmy will
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he will be valid

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3 years ago
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10. You manage a home improvement store. Your area has just been hit by a flood.
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As for me personally, I would not raise prices in my business because I feel that is taking advantage of people in a bad situation. You know that they are going to need to supplies to help them fix flood damage and they will have no option but to buy the needed materials. However, if you raise prices it could backfire on you and they may go somewhere else to get the materials needed instead of shopping with you.
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You share a cab ride with your company's CEO and he talks enthusiastically about the __________, that can be achieved when the s
mars1129 [50]

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The correct answer is letter "B": Synergy.

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