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PolarNik [594]
3 years ago
8

Cheryl was balancing the Trial Balance of the company. She found that the debit balance totaled $73,000 and the credit balance w

as $70,000. Cheryl decided to open a suspense account. On which side of the suspense account will Cheryl record the difference of $3,000?
credit side
debit side
both sides
the difference is not recorded in the suspense account
Business
2 answers:
Arturiano [62]3 years ago
6 0

Answer:

B.  

debit side

Explanation:

klio [65]3 years ago
4 0
I think it is both sides

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Explained moral lessons for the life of Okomfo Anokye​
mariarad [96]

Answer:

It is said that when Okomfo Anokye was born in Awukugua he was already holding in his right hand a short white tail of a cow (Podua); and he had so firmly clenched the fist of the other hand that no one could open it. The woman who went to deliver the labouring mother tried to open it because she suspected there was something in it. The father was called in to assist... Okomfo Anokye opened his eyes and, staring at the father, quickly opened the mysterious hand, showing it to the father and saying "Ano....Kye" (Guan language) meaning "Ano...see" and gave to the father what was in it. It is alleged that it was a talisman. From this incident Kwame Agyei got his name "Anokye".

Explanation:

6 0
3 years ago
Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill
zhuklara [117]

Answer:

0.9

Explanation:

The formula to compute the four-firm concentration ratio is shown below:

= (Total firm sales of industry A) ÷ (Total firm sales of industry B)

where,

Total firm sales of industry A = $5 million + $2 million + $1 million + $1 million

= $9 million

And, the total firm sales of industry B would be

= $2.5 million × 4 firms

= $10 million

So, the ratio would be

= $9 million ÷ $10 million

= 0.9

6 0
4 years ago
On January 1, Year 2, Grande Company had a $69,000 balance in the Accounts Receivable account and a $2,500 balance in the Allowa
attashe74 [19]

Answer:The amount of uncollectible accounts expense recognized on the Year 2 income statement is $1,800.

Explanation:The amount of uncollectible accounts expense recognized on the Year 2 income statement is $1,800 ($180,000 x 1%), which has been computed by multiplying the percentage of allowance for uncollectible account with the total on account sales.

5 0
3 years ago
Your wealthy uncle established a $2,100 bank account for you when you were born. For the first 9 years of your life, the interes
zloy xaker [14]

The future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.

<h3>What is future value?</h3>

The future value of an amount is the value obtained in the future after compounding at an interest rate.

The future values after years 9 and 23 can be determined using an online finance calculator as follows:

<h3>Future Value of $2,100 after 9 years:</h3>

N (# of periods) = 9 years

I/Y (Interest per year) = 4%

PV (Present Value) = $2,100

PMT (Periodic Payment) = $0

<u>Results:</u>

FV = $2,988.95

Total Interest $888.95

<h3>Future Value of $2,988.95 after 14 years:</h3>

N (# of periods) 14 (23 - 9)

I/Y (Interest per year) = 2%

PV (Present Value) = $2,988.95

PMT (Periodic Payment) = $0

<u>Results:</u>

FV = $3,943.86

Total Interest $954.91

Thus, the future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.

Learn more about future values at brainly.com/question/24703884

#SPJ1

6 0
2 years ago
Brenda has recently been denied a promotion. This is the third time she was turned down for promotion despite excellent performa
Serggg [28]

Answer: The options are given below:

A. a diversity-oriented employer

B. a wide span of control

C. the glass ceiling effect

D. the black swan effect

E. an affirmative action

The correct option is C. The Glass Ceiling Effect

Explanation: The glass ceiling is a term used in organizations, it is a metaphor that is used to refer to an invisible and artificial barrier that prevents women and minority groups from being promoted to top managerial and executive level positions within an organization.

The scenario presented above is a perfect example of the glass ceiling effect, this is because, though Brenda is qualified for the promotion, she is denied it regardless, because "that's just the way things are". As you can see, the reason for the denial of her promotion is not a professional issue, just a tradition to always suppress the advancement of certain categories of people.

6 0
3 years ago
Read 2 more answers
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