in other words, the plan should have Accuracy
No matter what plan you have, sometimes you have to make some adjustments in order to survive from the problems.
But whatever adjustments you made during that, it should not stray from the original central plan in order for the company to achieve its goals
Answer:
False
Explanation:
False because the income, expenses accounts are closed to profit and loss account or income summary.
they are closed by transferring the credit balances in revenue a/c and debit balnace in expenses a/c to clearing account income summary.
The assets and liabilities , common stock, equity account are not closed.
Answer:
a cell membrane is a double layer of lipids and proteins that surrounds a cell
Correct answers: Country B will eventually have a higher real GDP than country A if the economy of each county continues to grow this way.
Incorrect answers: Country A has a high real GDP. Country A has a modestly high quality of life. Country A’s economy has been in a period of contraction. Country B has a very high quality of life. #Smokeweedeveryday
Answer:
Credit to Prepaid insurance for $400 and Debit to Insurance expense for $400
Explanation:
The journal entry is given below:
Insurance expense ($4800 × 1 ÷ 12) $400
Prepaid Insurance $400
(To record insurance expense)
Here the insurance expense is debited as it increased the expense and credited the prepaid insurance as it decreased the assets
