Answer:
Pose-for-Pics
Trial Balance
For the month ended August 31
DEBIT CREDIT
b. Cash 8,539
c. Offices 2,280
d. Prepaid insurance 2,300
e. Photography equipment 51,600
f. Common stock 63,600
g. Photography fees earned 2,000
<u>h. Utilities expense 881 </u>
i. Totals 65,600 65,600
Explanation:
In trial balance, all accounts in general either real or nominal is posted here whether on debit or credit side. It shows the balances of debits and credits entries from the transaction of the general journal that the company have made for the period. There are 2 types of trial balance, the unadjusted trial balance and the adjusted trial balance.
Answer:
b is it I seen this before
Answer:
The statement is: True.
Explanation:
The Adjusted Gross Income (<em>AGI</em>) is a measure based on individuals' gross income that serves as the basis for different deductions, among them, taxes. Taxpayers can request a tax credit based on certain expenditures that can be eligible for deduction. To do so, they must itemize those expenses in <em>Form 1040</em> (Schedule A). Otherwise, the deduction will be based on the taxpayer's AGI.
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