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valentina_108 [34]
3 years ago
14

If the Trial Balance columns are not equal and the difference can be evenly divided by 9, then the error most likely is a transp

osed number.True / False.
Business
1 answer:
saw5 [17]3 years ago
7 0

Answer:Yes

True

Explanation:

A transposition error is a data entry error that is caused by inadvertently switching two adjacent numbers. ... For example, the number 63 is entered as 36, which is a difference of 27. The number 27 is evenly divisible by 9. This can surely cause discrepancies in the trial balance

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In the Romer model, the inputs to production are:
frosja888 [35]

Answer:

c. labor and ideas.

Explanation:

The Romer model is a type of economical model that breaks down the world into objects and ideas such as capital, labor

In the Romer model, the inputs to production are labor and ideas.

6 0
4 years ago
Companies report prior period adjustments, net of any income tax effects in the:
ehidna [41]
Companies report prior period adjustments, net of any income tax effects in the single-step income statement.
A single step income statement is one of two commonly used formats for the income statement or profit and loss statement. It uses only one subtraction to arrive at net income. On the other hand, a multi-step statement reveals the company's gross profit, which is the difference between its sales revenue and its cost of goods sold, and operating profit, which is the difference between its gross profit and its operating expenses. 
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4 years ago
A corporation issued 8% bonds with a par value of $1,000,000, receiving a $20,000 premium. On the interest date 5 years later, a
MariettaO [177]

Answer:

$22,000 gain

Explanation:

Calculation for the gain or loss on this retirement

Using this formula

Carrying value of bonds = Par value + Unamortized premium - Retirement purchased price

Let plug in the formula

Carrying value of bonds =$1,000,000+(100%-40%*$20,000)-$990,000

Carrying value of bonds =$1,000,000+(60%*$20,000)-$990,000

Carrying value of bonds =$1,000,000+$12,000-$990,000

Carrying value of bonds =$22,000 gain

Therefore the gain on this retirement is:$22,000 gain

4 0
3 years ago
Active endeavors specializes in sporting equipment. recently, it has decided to add to its business units by opening a steakhous
poizon [28]
<span>Active endeavors specializes in sporting equipment. Recently, it has decided to add to its business units by opening a steakhouse near a convention center. This strategy is an example of: conglomerate diversification. 

Conglomerate diversification is a growth strategy when organizations add new products or services that are vastly different from anything they've sold prior. These new business opportunities are unrelated to their previous and operate completely different. 

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3 years ago
What is the first thing you should do when you begin writing your business plan?
miv72 [106K]
Identify your target audience and needs
6 0
4 years ago
Read 2 more answers
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