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qaws [65]
3 years ago
14

Closing entries and a post-closing trial balance are steps in the accounting cycle that occurA :  quarterly. B :  monthly. C : 

daily. D :  annually.
Business
1 answer:
zhannawk [14.2K]3 years ago
6 0

Answer:

The correct answer is letter "D": annually.

Explanation:

The trial balance is a worksheet where all the balances of all the accounts are listed where the sum of all debits must equal the sum of all credits. The trial balance is an accuracy check reflecting the transactions in the general ledger were recorded correctly.

The post-closing trial balance lists the permanent account balances that the company has to transfer for the next accounting period. Both the trial balance and the post-closing trial balance are reported once a year before preparing the company's financial statements.

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Which of the following is an example of an equity investment?
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Answer:

A company's stock

Explanation:

There are two main capital structure i.e. debt and the equity. The debt is the loan which is to be borrowed by the individual or a company in order to raise a capital. While the other one is equity in which it shows the ownership stake in the company also it involves the securities than should be traded in the stock markets

While going through the options given, the second option is correct as other options are the examples of debt and the same is not considered for an equity investment

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36. A manufacturer's or supplier's use of an independent third party to manage an entire function of the logistics system, such
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Answer:

a.

Explanation:

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3 years ago
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Revenue or income, minus departmental expenses and undistributed expenses equals:
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8 0
4 years ago
Which of the following statements about Treasury bonds is the most accurate? Treasury bonds are completely riskless. Treasury bo
WARRIOR [948]

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2. Walmart

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Explanation:

1. Indeed even though Treasury bonds have a very low risk rating, they are not completely risk-less. They have a very low risk rating because they will always be honoured (US T - bonds that is) and so that eliminates the default risk. However, they are still exposed to maturity risk as well as inflation risk for the most part. This means that as interest rates rise therefore, their prices drop making them just a little but risky.

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xxTIMURxx [149]

Answer:

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