The report that is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance is called : Adjusted trial balance
<h3>What is an adjusted trial balance?</h3>
Adjusted trial balance is an account prepared that shows the arithmetic accuracy of the ledger. This balance list the general ledger account balances after any adjustments have been made.
An adjusted trial balance include:
- Adjustment for prepaid and accrued expenses.
- Depreciation
Therefore, an adjusted trial balance is a report, constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance.
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Answer:
B. two strengths and one threat
Explanation:
SWOT is an acronym that stands for strengths, weaknesses, opportunities and threats.
SWOT analysis helps an organization assess it's competitive position and devise strategies accordingly. Such an analysis aids an enterprise in decision making and planning.
In the given case, availability of finance/capital conveys strength and so does availability of skilled installers.
The construction activity being at an all time low with residential properties being foreclosed depicts a threat.
Thus, the given scenario represents two strengths and one threat.
The term new normal
refers to a wide variety of context wherein something that was considered
abnormal before has found its commonplace or sort of became a norm. It is referenced
from the financial crisis during 2007-2008 and the global recession from
2008-2012.
Answer:
284%
Explanation:
You calculate it using the conversion method
