1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Inessa [10]
3 years ago
11

Prior period adjustments are reported as

Business
1 answer:
matrenka [14]3 years ago
6 0

Answer:

c. An addition to (or a deduction from) the beginning balance of retained earnings

Explanation:

A prior period adjustment is the correction of an accounting error that occurred in the past and was reported on a prior year's financial statement, net of income taxes. Prior period adjustment are reported in the statement of retained earnings as an increase or a decrease in the beginning retained earnings. Therefore, the adjusted beginning retained earnings balance is the amount that retained earnings would have been if the error had not been made.

You might be interested in
A downside of primary research is that it is _____. expensive and time consuming cheap but labor intensive time consuming but sp
Anarel [89]

A downside of primary research is that it is expensive and time consuming. Primary research allows people to find more inde pthinformation on a research topic or subject however, it is very expensive. Primary research is research that is new and very specific in the field they are researching. Primary research can be interviews, focus groups, surverys or other search ways to collect data.

6 0
3 years ago
If the Fed increases the discount rate, which of the following accurately describes the system, finally leading to a decline in
AnnyKZ [126]

Answer:

B

Explanation:

Reserves J: Excess reserves J: Loans J: Deposits ;Money supply

8 0
3 years ago
When a company issue 27,000 shares of $5 per value common stock,the journal entry for this issuance would include:
a_sh-v [17]

Answer:

1. A debit to cash for $135,000

Explanation:

The complete entries are

1. A debit to cash for $135,000

2. A credit to common stock account for $135,000

6 0
3 years ago
What are the things needed to do a work or activity called..​
34kurt

yesAnswer:

hekpls

Explanation:

6 0
3 years ago
When supply increases, the supply curve
MariettaO [177]

When supply increases, the supply curve  shifts to the right.

<h3>What is the supply curve?</h3>

This is the curve that is used to show the amount of goods that the producers would be able to make available for the market at a particular price. The supply curve shifts to the right when there is an increase in supply in the economy.

Hence this answers our question by saying that When supply increases, the supply curve  shifts to the right.

Read more on supply curve here: brainly.com/question/11717727

#SPJ1

5 0
1 year ago
Other questions:
  • A hurricane destroys 50% of the nation's oil refining capability. aggregate supply will
    6·1 answer
  • La página web = la página<br>O<br>A. clic<br>OB. red<br>O<br>C. navegador<br>D. electrónica​
    9·2 answers
  • On January 1, 2021, Sheridan Corporation signed a 10-year noncancelable lease for certain machinery. The terms of the lease call
    14·1 answer
  • Human capital is
    14·1 answer
  • A customer opens a new margin account with the following position:
    14·1 answer
  • Barlow Company's Accounts Payable balance at December 31, 2008, was P1,800,000 before considering the following transactions: •
    7·1 answer
  • When marketers consider the defection rate of a market segment, what behavior are they calculating?
    8·1 answer
  • A home equity loan can be risky because the lender can foreclose if you don’t make your payments
    13·2 answers
  • Daniel Co. has 500 employees who work 8-hour days and are paid hourly. On January 1, 2020, Daniel started granting its employees
    10·1 answer
  • Sales is one occupation where _________ is not determined by wage or salary limits set by an employer
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!