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Tasya [4]
3 years ago
10

Identify the statement below that is incorrect. A) The normal balance of accounts receivable is a debit. B) The normal balance o

f dividends is a debit. C) The normal balance of unearned revenues is a credit. D) The normal balance of an expense account is a credit. E) The normal balance of the common stock account is a credit.
Business
2 answers:
Ulleksa [173]3 years ago
7 0

Answer: the normal balance of an expense account is credit!

Explanation:

a_sh-v [17]3 years ago
3 0

Answer:

D) The normal balance of an expense account is a credit.

Explanation:

We know that

The debit sections report assets and expenses side while sales, stockholder equity, and the liability side are reported in the credit section.

So as per the given options, the incorrect answer is D as expense account has a debit balance but the question it is given that the expense account has a credit balance that is totally wrong.

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Time is money in any business environment. People want information communicated quickly and clearly. To make your writing more c
Dafna1 [17]

Answer:

The answer of this question is below in the explanation section:

Explanation:

1.

I am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.

Best Revision:

I am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.

2. It is the user who should contact the help center.

Best Revision:

The user should contact the help center.

Answer (4) : Read the following passage, and then answer the question.

[1] You scheduled seven conference calls for this morning between 10 and 11 a.m. [2] Generally, the company limits the number of conference calls to three per hour. [3] I’m letting you know that in the future, we should be more careful about scheduling. Which revision limits the long lead-in in sentence 3?

Best Revision

In the future, we should be more careful about scheduling.

4 0
2 years ago
On May 31, 20X1, the Arlene Corporation adopted a plan to sell its cosmetics line of business, considered a component of the ent
lianna [129]

Answer:

loss from discontinued operation 450,000

Explanation:

when selling assets above the book value we have a gain:

1,200,000 - 1,000,000 = 200,000

For the gain on assets above book value we must pay taxes.

200,000 x (1-0.25) = 150,000

the income from discontinued operation plus this gain generated a component of 300,000 loss

150,000 gain on sale + income from discontinued = -300,000

discontinued result: -300,000 + -150,000 = -450,000

8 0
3 years ago
West Virginia has one of the highest divorce rates in the nation, with an annual rate of approximately 5 divorces per 1000 peopl
liubo4ka [24]

Answer:

Kindly check explanation

Explanation:

Given the data:

x___ f(x)

10__ 0.05

20__0.10

30__0.10

40__0.20

50__0.35

60__0.20

a. Is this probability distribution valid?

Yes

Σf(x) = (0.05 + 0.10 + 0.10 + 0.20 + 0.35 + 0.20) = 1

0≤f(x)≤1

b. What is the probability MCC will obtain more than 30 new clients

X = 40 + x = 50 + x = 60

0.20 + 0.35 + 0.20 = 0.75

c. What is the probability MCC will obtain fewer than 20 new clients

x = 10

f(x) = f(10) = 0.05

d)Compute the expected value and variance of x.

Expected value (E(x)) :

Σ(x * f(x))

= (10*0.05) + (20*0.1) + (30*0.1) + (40*0.2) + (50*0.35) + (60*0.2)

= 43

Σ(x * E(x))² * f(x)

= (10 - 43)^2 * 0.05 + (20 - 43)^2 * 0.1 + (30 - 43)^2 * 0.1 + (40 - 43)^2 * 0.2+ (50 - 43)^2 * 0.35 + (60 - 43)^2 * 0.2

= 201

3 0
3 years ago
What is a service?
Phantasy [73]

Answer:

C

Explanation:

I believe that a service is an action that is preformed out of the kindess of one's heart, not looking for someone in return. An act of pure an unfiltered kindess.

5 0
3 years ago
A company pays $379.50 for its employees to attend a luncheon. If the cost is $8.25 per person, how many employees does the comp
solmaris [256]
379.50/8.25 = 46
Meaning the company had 46 employees at the luncheon.
Hope this helps :)
5 0
2 years ago
Read 2 more answers
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