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Salsk061 [2.6K]
3 years ago
14

Gretchen has just finished preparing the trial balance for her company. Upon looking at the balance, she sees that it has not ac

counted for unearned revenues the company has received through advance payments by customers. What should Gretchen do at this point?
Business
1 answer:
Akimi4 [234]3 years ago
8 0

Answer:

The correct answer is: Enter adjustments for these payments.

Explanation:

The Trial Balance is a worksheet recording all the credit and the debit balances of the ledger of a company. Eventually, the sum of all the credits must be equal to the sum of all the debits. If an account was forgotten to be included -just like Gretchen's case, <em>adjustments to counterbalance the amount that is to be recorded should be entered</em>.

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Additionally, Lubbock ranks eleventh in Texas as the least expensive city and has a cost of living index 10% below the national average.

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Lubbock is in Lubbock County and is one of the best places to live in Texas. Living in Lubbock offers residents a dense suburban feel and most residents own their homes. In Lubbock, there are a lot of parks. Many families and young professionals live in Lubbock and residents tend to lean conservative.

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What is an introductory APR and how does it compare to a standard APR?
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You are the financial manager of the Crossrail 1 project in London. The Board overseeing the project, acting on behalf of the UK
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The payback period for project is 13.04 years which is given in the option a so correct answer is a.

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3 years ago
GM crops have raised issues among communities in which they are produced. Which of the following are concerns raised by the publ
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a. The Bt toxin could negatively affect the taste of the food that is produced from these crops.

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Genetically engineered crops couldn't harm the economy. They are made to benefit economy, as it's shown in the following quote:

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A. $1,020 unfavorable.

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