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Rus_ich [418]
2 years ago
15

The process of transferring the debits and credits from the journal entries to the accounts is called a.journalizing b.sliding c

.transposing d.posting
Business
1 answer:
Rudiy272 years ago
4 0

Answer:

d. posting

Explanation:

There are various steps to prepare the financial statements. These are as follows:

1. Journalizing: It is a recording of business transaction with a narration in which the one account is debited and the other account is credited. It can be more transactions debited and credit that is depending upon the nature of the transaction.

2. Ledger posting: After recording the journal entries, the next step is to make the number of ledger i.e posting of the amount and the accounts to their respective ledger i.e sales ledger, purchase ledger, etc

3. Trial balance

4. Income statement

5. Statement of owners equity

6. Balance sheet

7. Cash flow statement

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The process of buying an underpriced security and selling an equivalent overpriced security until the prices converge is known as arbitrage. This statement is true.

<h3>What Is Arbitrage?</h3>

The arbitrage approach, used in foreign exchange trading, allows investors to lock in profits by simultaneously buying and selling the same security, good, or currency on two different marketplaces. By using this strategy, traders can profit from the disparities in pricing for the same asset across the two different regions that are represented on each side of the trade.

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1 year ago
Which of these are centers that offer new businesses in the critical stage of early development low-cost offices with basic serv
Afina-wow [57]

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1 year ago
Malcolm is part of a team developing a new smartphone app to track traffic patterns. Because team members are located throughout
Karolina [17]

Answer:

c. Virtual Team

Explanation:

Since they don't meet in person, they are settled in different locations and collaborate through technolgy, they only meet virtually, they are called a virtual team

4 0
2 years ago
Assume again that the cost of capital is 7 percent and the effective tax rate is 40 percent. How would the payback, internal rat
vfiekz [6]

Answer:

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4 0
3 years ago
Prove you know what diminishing marginal utility is by creating an example of your own. Your example
valentina_108 [34]

Hi there, I'm not answering this question, sorry.

Your task clearly states you must think of your own example and prove what you know. That's why.

Please, if you're coming onto the <em>Brainly</em> website, at least improve your questions.

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