All categories

3 years ago

The following are several of the accounts from a recent balance sheet.

Business

1 answer:

Burka [1]3 years ago

6 0

Answer:

Account Name Balance Sheet Classification DR or CR Balance

1. Accounts Receivable CA Debit

2. Prepaid Expense CA Debit

3. Inventories CA Debit

4. Long-Term Debt NCL Credit

5. Cash and Cash Equivalent CA Debit

6. Accounts Payable CL Credit

7. Income Tax Payable CL Credit

8. Contributed Capital SE Credit

9. Property Plant and Equipment NCA Debit

10. Retained Earning SE Credit

11. Short-Term Borrowing CL Credit

12. Accrued Liabilities CL Credit

13. Goodwill (an Intangible Asset) NCA Debit

Explanation:

You might be interested in

The demand for chocolate chip cookie dough ice cream is likely quite elastic because

Andrew [12]

Answer:

Other flavors of ice cream are good substitutes for this particular flavor.

Explanation:

The other flavor of ice creams is the truly good substitution of Chocolate chips, in the ice cream industry there is a lot of flavors that substitute Chocolate chips So, the Demand for chocolate chips are elastic.

If there is a substitute for any commodity we can say that the other commodity demand is elastic.

8 0

3 years ago

The par value of common stock represents: the amount received when the stock was issued. the liquidation value of a share. the m

Evgen [1.6K]

The par value of common stock represents the arbitrary dollar amount assigned to a share of stock. This value is the stated value per share as outlined in the issuing company's charter. This calue is also called the face value because it's the value printed on the face of a bond or stock certificate.

7 0

3 years ago

Which typically results from the introduction of the assembly line into the production process?

raketka [301]

The answer is "efficiency is increased".

An assembly line is a manufacturing process in which compatible parts are added to an item in a successive way to make a final result. Much of the time, an assembling mechanical production system is a semi-mechanized framework through which an item moves. At each station along the line some piece of the generation procedure happens. The laborers and hardware used to create the thing are stationary along the line and the item travels through the cycle, from beginning to end.

5 0

3 years ago

If you had a choice how much are you willing to pay per month to have access to and use the various social media platforms?

svet-max [94.6K]

Answer: $10 per month

Explanation:

$10 would be an ideal amount for me to pay to have access to the various social media sites if the major sites are on offer.

I think this amount reasonable because I do not use social media all that much but I would still like access to a variety of them. I would essentially therefore, be paying for my reduced time on the net.

Some might say that the companies might not make a profit if they charge $10 a month but I think they will because they make most of their money from ads so it would be good for them to offer the lowest subscription prices so that they can capture more people which will appeal to advertisers.

6 0

3 years ago

Let us assume that ZEN PATH chose to offer meditation seminars as the main source of additional income. They will still try to g

GenaCL600 [577]

Answer:

Explanation:

Base on the scenario been described in the question

At ZEN PATH we are dedicated to preserving and educating about the ideals of Buddhism. Doors are open to all!

6 0

4 years ago