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melomori [17]
3 years ago
7

What is the major difference between the post-closing trial balance and the other two trial balances?

Business
1 answer:
lapo4ka [179]3 years ago
4 0

Answer:

d.The post-closing trial balance is the only one to include only real accounts.

Explanation:

Post closing trial balance is prepared after providing for all the adjustments pending in the first raw trial balance.

Thus, it only represents the real accounts, as only real accounts have the balance to be carried forward, all the expenses and incomes are not real accounts and are thus, closed, and no carrying balance.

Whereas, all other trial balances will have the other accounts outstanding as well.

Thus, only statement D is correct in disclosing the difference between various trial balances.

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Answer:

Lifestyles

Explanation:

There are many reasons for this market to grow over the years, for example: Farmers' markets provide low-risk entry points for new or beginning farmers; educational opportunities for the general public; and increased access to fresh food for food-insecure community members.

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3 years ago
WHAT STEP IN THE OPSEC PROCESS IS ANALYZING THREATS?
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Its the the second step, 

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2 years ago
How can parties that have unequal bargaining power negotiate meaningfully,
kompoz [17]

Answer:

Through Collaborative bargaining

Explanation:

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5 0
2 years ago
The following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning Ending
yKpoI14uk [10]

Answer:

Purchases= $408,000

Explanation:

Giving the following information:

Beginning Ending Raw materials inventory$547,000 $610,000

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5 0
2 years ago
A customer has signed a Letter of Intent to buy at least $50,000 of a mutual fund in return for getting a lowered sales charge.
likoan [24]

Answer:

c. The capital gain would be automatically re-invested at NAV if not taken in cash while the purchase of the shares would occur at POP including a sales charge.

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If the customer were to take the capital gains distribution as cash and use that money to buy additional shares to complete the breakpoint, the customer would then have to pay a sales charge, which would be lower because the breakpoint is being completed. The customer must know that if the capital gains distribution were reinvested, it would occur at NAV and there would be no sales charge increase in sales charge. Whether the capital gain is taken as cash or it is reinvested, it is taxable.

3 0
3 years ago
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