When preparing the statement of owner's equity, the beginning capital balance can always be found in the general ledger.
- A general ledger is a book keeping ledger which shows the set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports.
- Each account is a unique record summarizing a specific type of asset, liability, equity, revenue or expense.
- The general ledger consists of all the individual accounts needed to record the assets, liabilities, equity, revenue, expense, gain, and loss transactions of a business. In most cases, detailed transactions are recorded directly in these general ledger accounts.
- It helps you look at the bigger picture. Accounts including assets (fixed and current), liabilities, revenues, expenses, gains, and losses.
Thus the correct answer is option D.
To learn more about general ledger, refer: brainly.com/question/1436327
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To find out which ads and other marketing strategies are working, many companies ask customers how they have heard about the company or product.
Most businesses ask how you found out about their service/product. By asking this question, they are able to track where their marketing efforts are working and where they are not. If they are advertising in one place and it's not reaching consumers, it may be worthwhile for them to take out advertisements there and move them to another place.
I inferred you are to the 2017 TEDx talk "Short-termism is killing us: it's time for Long path" by Ari Wallach.
<u>Explanation:</u>
According to Wallach, he refers to short-termism as focusing on short-term results at the expense of long-term interests.
In his words, short-termism is a problem because;
- "it prevents the CEO from buying really expensive safety equipment"
- "prevents teachers from spending quality one-on-one time with their students".
So in summary what Wallach is saying is that short-termism prevents futuristic thinking.
Answer:
. shows the various amounts of real output that businesses will produce at each price level
Explanation:
Aggregate supply can be regarded as " domestic final supply" in domain of economics, it is the overall supply of services/ goods that is been produced at a particular overall price within an economy at a given period. It should be noted that aggregate supply shows the various amounts of real output that businesses will produce at each price level
Answer: Enron
Explanation:
Enron scandal was an accounting scandal that involved Enron Corporation, which was an American energy company that was based in Houston, Texas.
Enron hid huge amount of trading losses, which led to its bankruptcy. The company used fraudulent accounting practices in order to inflate the revenue of the company and.hid the debt that the company incurred.
