There are different ways to make entry in a balance sheet. It is obvious that an error occurred in the preparation and/or posting of closing entries, if all balance sheet accounts have zero balances.
<h3>Should a balance sheet always have a zero balance?</h3>
Note that the sum of a company assets, liabilities and equity must always balance to zero.
For one to be able to have or generate a balance sheet report that is not equal zero, the balance sheet is said to be out of balance and this may create an error in the ledger transactions.
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Answer:
"Progressive" would be the correct answer.
Explanation:
- A Progressive tax was indeed determined by the capability of the tax authorities to charge or compensate. It wants to inflict a lower corporate rate of taxation on low-wage earners unlike those with maximum income levels.
- This would be generally accomplished by establishing taxation levels for the group of tax-paying citizens based on income frequencies.
That is why the aforementioned seems to be the correct approach.
Answer:
-0.2245
Explanation:
Given the data :
X series :
16
12
8
9
18
9
11
16
15
3
Y series :
23
22
24
18
16
15
28
18
25
24
Using technology, the correlation coefficient value for the model whose data is given above is - 0.2245 which depicts that a weak negative relationship exists between the X series values varibale and Yseries variable. Our conclusion was inferred from the fact that - sign denotes negative and values close to zero denotes a weak association between the plotted variables.
The correct answer is department secretary.
The head of ministry is equivalent to the departmental secretary in the United States.
