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katrin [286]
4 years ago
14

Which of the following is true about a "credit"? I. It is part of the double-entry procedure that keeps the accounting equation

in balance. II. It represents a decrease to assets. III. It represents an increase to liabilities. IV. It is on the right side of a T-account. I and II. IV only. I, II, and III. I, II, III, and IV.
Business
1 answer:
kipiarov [429]4 years ago
3 0

Answer:

III. I, II, III, and IV.

  • I. It is part of the double-entry procedure that keeps the accounting equation in balance.
  • II. It represents a decrease to assets.
  • III. It represents an increase to liabilities.
  • IV. It is on the right side of a T-account.

Explanation:

The debit-credit balance is necessary for maintaining the accounting equation in balance, i.e. all the debits must have a corresponding credit.

Asset accounts increase when they are debited and decrease when they are credited.

Liabilities accounts decrease when they are debited and increase when they are credited.

Debits are on the left side of a t-account and credits are on the right side.

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Steps to select a target market

  1. Target market is actually those customers whom we want to sell our products.Concentrating on target market will make it easier to sell our products.
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  3. Look at the competition that exist .Identify those areas that have been overlooked by our competitors.
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3 years ago
In order to ensure that an item never comes up for consideration in the first place, individuals will sometimes try to control t
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In order to ensure that an item never comes up for consideration in the first place, individuals will sometimes try to control the agenda.

As agenda sets out the list of things to be discussed during the meeting, so if anybody wants to hide something then they can do it by controlling the Agenda.

Thus, it is clear from this definition that political action is any activity initiated to overcome opposition or resistance. If there is no opposition, there is no need for political activity.

Finally, leadership is the ability of an individual to elicit a response from others beyond required or mechanical compliance. It is this consideration aspect of leadership that distinguishes it from power and authority.

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2 years ago
Marsha works in the new marketing department of a midsized party supply rental company. She is working on the firm's first-ever
ruslelena [56]

Answer:

evaluate the attractiveness of the various segments identified.

Explanation:

The third step of the segmentation, targeting, and positioning process is to evaluate segment attractiveness, which begins the targeting phase of the process.

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3 years ago
Jan, randy, and terry are science majors, and when they graduate from college, they find jobs as a nurse, a midwife, and a hospi
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4 years ago
A fixed asset with a cost of $30,000 and accumulated depreciation of $27,500 is sold for $3,500. What is the amount of the gain
MissTica

Answer:

The correct answer is B that is gain of $1,000

Explanation:

The amount of gain or loss on the disposal of the fixed assets is computed as:

Amount of loss or gain = (Selling Price + Accumulated depreciation) - Cost of fixed assets

where

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Accumulated depreciation is $3,500

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