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ivann1987 [24]
3 years ago
8

Which of the following accounts is not closed at the end of the year?

Business
1 answer:
Leviafan [203]3 years ago
6 0
Not 100% sure but i THINK it is A/P. I know for sure that it is not the income summary
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Which of the following is not a disadvantage to inflation targeting?
Irina18 [472]

Answer:

D is the correct option

Explanation:

Enhancement of transparency and reduction of price variability are the two advantages of the inflation targeting. Inflation targeting allows the central bank to maintain low inflation. Low inflation promotes long term growth. Enhanced financial growth and reduction in relative price availability are other benefits of inflation targeting. With inflation-targeting central banks can set long term inflation objectives. Increasing accountability and transparency in monetary policy are other benefits. It also helps to predict inflation maintain price stability

5 0
3 years ago
A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a: Multiple Choice Fi
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Answer:

The answer is Fixed cost.

Fixed cost remains constant for a given period and does other change with the eh level of production. However, the per unit fixed cost decreases when the Level of production increases and vice versa.

Also, fixed cost is difficult to.control and manage relatively to the variable.costs.

Explanation:

7 0
3 years ago
Shore Co. sold merchandise to Blue Star Co. on account, $112,000, terms FOB shipping point, 2/10, n/30. The cost of the goods so
Crazy boy [7]

Explanation:

On the books of Shore Co

Cash A/c Dr $111,560

Sales discount A/c $2,240           ($11,2000 x 2%)

              To Accounts receivable A/c $113,800           ($112,000 + $1,800)

(Being cash is received)

On the books of Blue star

Accounts payable A/c Dr $113,800    ($112,000 + $1,800)

               To Merchandise inventory A/c $2,240              ($11,2000 x 2%)

                To Cash A/c $111,560

(Being cash is paid)

8 0
3 years ago
The information needed to identify lines and other symbols on a construction drawings can be found in the
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Where is the picture?
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Select the correct answer. Which of the following can be classified as secondary data? A. focus groups B. telephone surveys C. g
BARSIC [14]
I would pick D. Because the customer would be giving feedback from their own personal experience from the product they bought.
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