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alekssr [168]
4 years ago
11

Explain the difference between the unadjusted and the adjusted trial balance. Multiple choice question. The adjusted trial balan

ce is prepared after adjusting entries have been recorded and posted. The unadjusted trial balance is more up to date than the adjusted trial balance. The unadjusted trial balance is more accurate and should be used to prepare financial statements. The adjusted trial balance contains only the accounts which were adjusted. The unadjusted trial balance contains all of the remaining accounts.
Business
1 answer:
gladu [14]4 years ago
3 0

Answer:

The adjusted trial balance is prepared after adjusting entries have been recorded and posted.

Explanation:

Only the adjusted trial balance is accurate and more up to date than an unadjusted trial balance and must be used to prepare financial statements.

The adjusted arise from the end of reporting period adjustment such as inventory valuation and errors that might have been identified during the reporting period.

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Daniel [21]

Answer:

(D) marginal product to increase by 2 units and average product to decrease by 2 units.

Explanation:

When there will be an addition in number of workers then the marginal product that is additional units for each additional worker will increase.

But, at the same time as for calculating the average the units will decrease with the same proportion.

This is because with extra number of workers the denominator for average product will also increase and ultimately.

In the curve the marginal and average product are same level for equilibrium.

Thus, option D is correct.

3 0
3 years ago
Which of the following is an example of a GAAP standard?
Ray Of Light [21]

Answer:

A. Ensuring financial statements are accurate and complete

Explanation:

GAAP stipulates how to file income statements, what financial periods to include, and how to report cash flow.

7 0
2 years ago
When a government program is justified not on its merits but on the number of jobs it will create:___________. a. the program is
lesya [120]

Answer: it should be approved only if the unemployment rate is low

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3 0
3 years ago
Ravonette Corporation issued 550 shares of $5 par value common stock and 300 shares of $15 par value preferred stock for a lump
Nastasia [14]

Answer:

Common stock issue price = 550 shares  $5 par value

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3 years ago
Insurance salespeople encourage people to imagine their homes being destroyed by rain from a hurricane. This helps the salespeop
navik [9.2K]

Answer:

D) the availability heuristic

Explanation:

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7 0
4 years ago
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