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Rufina [12.5K]
3 years ago
10

Liabilities normally carry a _______ balance and are shown in the ______________. Debit; Balance sheet Debit; Income statement D

ebit; Statement of stockholders' equity Credit; Balance sheet
Business
1 answer:
Vika [28.1K]3 years ago
8 0

Answer:

Credit;Balance sheet

Explanation:

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How is health insurance different from auto insurance?
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While both types of insurance are required, if you do not have health insurance, you will be required to pay a fee on your taxes.

FYI, while this used to be true the United States has recently removed the requirement known as the "individual mandate" for people to have health insurance or face a penalty.

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For a monopolistically competitive firm, at the profit-maximizing quantity of output,
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The accounting records of Brownwood Company revealed the following information: Work in process inventory, Jan 1 58,000 Work in
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Explanation:

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8 0
3 years ago
if your yearly pension was $46,875.00, what is your monthly pension? choose the best answer from the options below: a $3706.25 b
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5 0
3 years ago
Which of the following statements is the most accurate? Sole proprietorships are well suited for people who want to own a busine
emmasim [6.3K]

Answer:

D. Sole proprietorships are taxed at the owner's personal tax rate

Explanation:

Sole Proprietorship can be defined as a simplest form of owning and starting any business. As the term suggests, this business is onwed by an individual only or shared by married couples.

Sole properietorship is easy to set up because the owner need not to register itself to state government, therefore, because of absence of governmental involvement, it is easy to set up or deconstruct sole proprietorship.

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Therefore, option D is correct.

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3 years ago
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