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RideAnS [48]
3 years ago
9

The proper order of the following steps in the accounting cycle is prepare unadjusted trial balance, journalize transactions, po

st to ledger accounts, journalize and post adjusting entries. journalize transactions, post to ledger accounts, prepare unadjusted trial balance, journalize and post adjusting entries. prepare unadjusted trial balance, journalize and post adjusting entries, journalize transactions, post to ledger accounts. journalize transactions, prepare unadjusted trial balance, post to ledger accounts, journalize and post adjusting entries.
Business
1 answer:
photoshop1234 [79]3 years ago
8 0

Answer:

<em>The Accounting Cycle is as follows:</em>

<em>1. Transactions are analyzed and recorded in the journal. </em>

<em>2. Transactions are posted to the ledger.</em>

<em>3. An unadjusted trial balance is prepared. </em>

<em>4. Adjustment data are asssembled and analyzed. </em>

<em>5. An optional end-of-period spreadsheet is prepared. </em>

<em>6. Adjusting entries are journalized and posted to the ledger. </em>

<em>7. An adjusted trial balance is prepared. </em>

<em>8. Financial statements are prepared. </em>

<em>9. Closing entries are journalized and posted to the ledger. </em>

<em>10. A post-closing trial balance is prepared. </em>

<em />

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Answer:

$45.67

Explanation:

Given:

the cost of mowing the first lawn = $15

the cost of mowing the second lawn = $25

the cost of mowing the third lawn = $40

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Now,

Producer Surplus = Price paid by consumers - production cost

or

$100 = Price - ( $10 + $12 + $15 )

or

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or

Price = $137

Therefore,

The price for each customer = \frac{\textup{137}}{\textup{3}}

or

The price for each customer = $45.67

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3 years ago
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vladimir2022 [97]

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While watching TV, James notices a series of truck ads as he wished to buy a new truck. However, he failed to notice several oth
laila [671]

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3 years ago
when darla prepares her company's balance sheet, she should include in the list of current assets. a. land b. equipment c. lease
lakkis [162]

When Darla prepares her company's balance sheet, she should include accounts receivable in the list of current assets. Option D

<h3>What are accounts receivable?</h3>

Generally, Accounts receivable, also known as AR or A/R, are claims for payment that are legally enforceable that are held by a firm for products delivered or services performed that consumers have requested but have not yet paid for. The abbreviation for accounts receivable is accounts receivable.

The money that consumers owe a firm for products or services that they have received but have not yet paid for is referred to as the company's accounts receivable.

For instance, the amount that is owed by consumers who buy things on credit is added to the accounts receivable when such customers make their purchases.

In conclusion, When Darla is putting out the balance sheet for her firm, she needs to make sure that the list of current assets includes accounts receivable. The D Option

Read more about accounts receivable

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CQ

when darla prepares her company's balance sheet, she should include ___ in the list of current assets. a. land b. equipment c. leased property d. accounts receivable

6 0
1 year ago
Borrowing cash from the bank would have what effect on the accounting equation? a. Liabilities decrease and stockholders' equity
sergij07 [2.7K]

Answer:

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