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
AlekseyPX
3 years ago
7

A trial balance would only help in detecting which one of the following errors? Offsetting errors are made in recording the tran

saction A transposition error when transferring the debit side of journal entry to the ledger A transaction that is not journalized A journal entry that is posted twice
Business
1 answer:
Stels [109]3 years ago
7 0

Answer:

The transposition error, that occurs when transferring debit side of journal entry to the ledger balance.

Explanation:

Transposition error is an error in which the letters of a number are exchanged, that is for example the correct value = 25,968 but it is entered as 2,9568 there 9 and 5 are reversed that is there places are changed, in this case there will be a difference in debit and credit balance in trial balance.

Because this only amount is not recorded correctly. The amount recorded as against debit or credit of this particular amount is recorded correctly and thus, trial balance will not match.

This will be clearly identifiable.

Correct statement is

Statement 2

You might be interested in
Establishing mutual aid agreements to obtain resources from neighboring jurisdictions is an example of which resource management
Flura [38]

Answer:  Option C

                                   

Explanation: In simple words, planning for resources refers to the activity of NIMS of management which helps in making strategies for resource management. Stock pilling resources and Mutual aid agreements are some of the many examples of it.

In planning for resources under mutual aid agreements two different countries agrees to exchange their resource in such a way that the utility from such resources could be derived to maximum.

Hence from the above we can conclude that the correct option is C .

5 0
3 years ago
Merchandise is ordered on june 13; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by th
scoundrel [369]

June 18th.

The date that the buyer receives the item is not important for the credit period, which starts the day the items are send out and invoiced.

4 0
3 years ago
On August 1, 2018, Kira purchased 100 shares of ITC stock for $5,000. There were no subsequent adjustments to her basis. On Augu
padilas [110]

Answer:

b. Short-term loss of $700 and a long-term gain of $900.

Explanation:

August 1, 2018, price per share $50

August 1, 2019, sold 50 shares at $36, resulting in a short term capital loss of ($700)

August 31, 2019, sold 50 shares at $68, resulting in a long term capital gain of $900

If you own a stock for 1 year or less, any gain/loss will be considered short term. If you own a stock for more than 1 year, any gain/loss will be considered long term.

8 0
3 years ago
What factors are used in the rule-of-thumb methods to determine the communication budget?.
kvv77 [185]

The factors that are used in the rule-of-thumb methods to determine the communication budget is "Prior sales and communication activities".

<h3>What is rule-of-thumb method?</h3>

The rule of thumb would be a cognitive guideline that offers basic guidelines or guidance that is distilled for a certain topic or course of action.

Some characteristics of rule-of-thumb are-

  • A general rule of thumb an unofficial practical guidance that offers streamlined rules that generally apply.
  • Numerous financial rules of thumb provide advice on how much should be saved, how much should be paid for a home, where and how to invest, and other topics.
  • Rules of thumb may not apply to your specific scenario because they not scientific and don't take into consideration the unique circumstances and demands of each individual.
  • It is a fundamental principle that provides step-by-step guidelines for carrying out or handling a specific task.
  • In contrast to scientific study or a theoretical underpinning, rules of thumb typically emerge through experience and practice.

To know more about rule-of-thumb method, here

brainly.com/question/9220387

#SPJ4

3 0
2 years ago
Determine the price in period 1 (the future) if 30 units of oil are consumed in period 0 (the present).
Dovator [93]

Answer:

$16.50

Explanation:

Note: The complete question is attached as picture below

We know that there is a total of 90 units of oil and 30 units is consumed in period 0.

So, in period 1, the consumption amount will be = 90-30=60 units.

So, Q1 = 192 - 8P

For 60 units, the price will be 60 = 192 - 8P

8P = 192 - 60

8P = 132

P = 132 / 8

P = 16.5

So, the price in period 1 is $16.50

8 0
3 years ago
Other questions:
  • In advertising, rating refers to multiple choice the geographic region to which an advertising campaign will be directed. the gr
    12·1 answer
  • Why is good customer service particularly important in the Internet age?
    15·1 answer
  • A transfer payment is
    5·1 answer
  • According to the text, the most sensible method for budgeting for promotion expenses is to: A. allocate some fixed percentage of
    8·1 answer
  • On January 1, Revis Consulting entered into a contract to complete a cost reduction program for Green Financial over a six-month
    8·1 answer
  • A strategic window results from the right combination of circumstances and timing, allowing a firm to take action to reach a par
    14·1 answer
  • Is shift work involved in electrician?
    8·1 answer
  • What is 2 + 5<br> help<br> pls
    11·2 answers
  • According to msrb rules, if a control relationship exists between an issuer and a municipal securities dealer, the nature of tha
    10·1 answer
  • wyanot company issued 1,000 shares of its 5%, $100 par value, cumulative preferred stock for $110 cash per share. the journal en
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!