Answer:
The use of a trial balance:
a) This error will not cause the two sides of the trial balance to disagree. A compensating error has occurred, because the Cash Account should have been credited and the Salaries and Wages Expense debited with $600.
b) This error will cause the two sides of the trial balance to disagree. The amount debited is not the same amount credited. The Accounts Receivable should have been credited with $900, not the Service Revenue.
Explanation:
a) The trial balance ensures that the total values of the debit and credit sides agree. It shows that accounts have been correctly debited and credited in the general ledger, with equal amounts.
b) Compensating errors arise when two accounting errors offset themselves, because the same mistake made on the debit side is made on the credit side
The right answer for the question that is being asked and shown above is that: "• set marketing objectives." The first step in the process of creating a marketing plan is to <span>set marketing objectives. The group must know the goals and objectives why they are making a business or something.</span>
Answer:
Between quarter 7 and 8
Explanation:
To calculate the recession lets consider the quarter 7 and 8.
GDP in quarter 7 =$4499 Billion
GDP in quarter 8 =$4409 Billion
Growth rate of GDP in these two quarters= 4409-4499/4499*100
= -2 percent
Recession happens when the GDP decreases
a because it means in order to avoid anything about it