1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Inga [223]
3 years ago
8

The primary purpose of the trial balance is to: 1.prove the equality of the debit and credit amounts after posting. 2.transfer j

ournal entries to the ledger accounts. 3.disclose the complete effect of a transaction in one place. 4.make sure a journal entry is not posted twice.
Business
1 answer:
coldgirl [10]3 years ago
8 0

Answer:

1.prove the equality of the debit and credit amounts after posting.

Explanation:

There are two columns in the trial balance, called debit columns and columns of credit. The total columns of debit and credit should always equaled. The debit columns report assets and expenditures side while profits, stockholder equity, and the liability side are reported in the credit column.

Its main purpose to equate and the prove the both side of the columns after posting of transactions

You might be interested in
Jeff earns well and belongs to a good team, but he is quite dissatisfied with his boss and the critical remarks he receives desp
creativ13 [48]

Answer: D.) Supervision

Explanation: In an organizational setting, it is imperative to oversee, monitor, evaluate and carry out performance appraisal of workers or employees in other to access and ensure that workers carry out their fuctions as perfectly as possible based on organizational benchmark and standard. The supervisory role is usually overseen by an individual of higher position who who inturn gives a verdict or remark based on the employee's performance. In the scenario above, Jeff's lack of job satisfaction could be traced to Supervision due to the critical remark he earns despite giving best.

3 0
3 years ago
During the twentieth century, the real income of blue-collar workers in western societies __________ overall, although it has __
Blababa [14]
During the twentieth century, the real income of blue-collar workers in western societies increased significantly overall, although it has dropped in the past 20 years. 
White-collar workers went to work in factories instead of going to farming, and within a few years created the new industrial working class of America. Workingin factories was a difficult transition for rural people who were accustomed to living in communities where life was controlled by the hours of available daylight and the natural rhythm of the seasons. 
5 0
3 years ago
At August 31, 2022, Carla Vista Company has this bank information: cash balance per bank $10,690; outstanding checks $840; depos
Igoryamba

Answer:

$11,650

Explanation:

The adjusted cash balance per bank at August 31 2022 is calculated as;

= Cash balance per bank - Outstanding checks + Deposits in transits

Given that;

Cash balance per bank = $10,690

Outstanding checks = $840

Deposits in transits = $1,800

= $10,690 - $840 + $1,800

= $11,650

Therefore the adjusted cash balance per bank is $11,650. It means that the cash balance per bank statement has to be adjusted to accommodate outstanding checks and deposits in transit. For outstanding checks , they are checks that have not yet been found on the bank statement , while deposits in transit are those deposits, that have not yet been found or appear on the bank statement.

8 0
3 years ago
Druganaut company buys a $21,000 van on credit. the transaction will affect the
Debora [2.8K]

Balance sheet.

The balance sheet shows assets, liabilities, and stockholder's equity. Buying the van on credit would be a liability.

5 0
3 years ago
What term is used to describe spread-out or low-density development beyond the edge of services and employment
Zolol [24]

Answer:

Sprawl

Explanation:

Sprawl can be defined as the situation where an urban settlement expands into nearby country area at the edge of a city .

Factors that lead to sprawl are population and income growth, low cost of living , road network , unlimited use of auto, etc.

Urban sprawl is characterized by uncoordinated , haphazard,and poorly planned urban development. If not properly managed , these could lead to poor environmental conditions like air pollution ,ground level smog and car traffic.

4 0
3 years ago
Other questions:
  • 1. Credit profile shows. a. only your credit history. b. your overall credit score. c. Many parts such as credit history, debts,
    11·2 answers
  • Fordon Corporation purchased a piece of equipment for $50,000. It estimated a 8-year life and $2,000 salvage value. At the end o
    8·1 answer
  • In a master-detail relationship scenario, the fields of the parent object need to be displayed in the related list. How will a d
    7·1 answer
  • Bonita Industries reported the following year-end information: beginning work in process inventory, $190000; cost of goods manuf
    10·1 answer
  • Lindon Company is the exclusive distributor for an automotive product that sells for $44.00 per unit and has a CM ratio of 30%.
    8·2 answers
  • According to the washington post article the downsides of cheap corn, farmers' 2014 crop revenues were down from prior years, de
    7·1 answer
  • By satisfying the customer service factor of ________, the distributor will ensure that deliveries of Hope Springs' bottled wate
    13·1 answer
  • On January 1, Year 2, Grande Company had a $66,800 balance in the Accounts Receivable account and a $2,000 balance in the Allowa
    11·1 answer
  • Assume there is a price floor imposed on a good which is above the equilibrium price. Which of the following changes would reduc
    10·1 answer
  • Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data: Per Unit Percent Sales
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!