1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>.

You might be interested in
The same salary, with a percent growth due to cost-of-living adjustment compounded yearly, would be $____in five years. (round y
Semmy [17]

The same salary, with a percent growth due to cost-of-living adjustment compounded yearly, would be <u>$ 56755</u> in five years.

A salary is a money paid monthly by your employer, especially if you are in a profession such as education, law, or medicine. Lawyers were paid huge salaries. The government has decided to raise salaries for all civil servants. Synonyms: Wages, Income, Wages, Fees Synonyms for salary.

Wages are hourly or daily wages for work done on a working day. The main difference between salary and hourly wage is that salary is a fixed payment agreed upon by both employer and employee. Wages, on the other hand, depending on hours worked and performance.

Learn more about salary here brainly.com/question/24988098

#SPJ4

3 0
2 years ago
Choose the action that is supported by egoism, but might seem unethical. a.) Using skills you learned from your former job to ge
astraxan [27]

The action which is supported by egoism, but might seem unethical from the list of available choices is:

  • b.) Hiring a company to clean your neighbor's lot without their permission so your property value will increase

Egoism has to do with the specific self interest which a person has on himself and does things which serves his benefit.

Ethics on the other hand is doing the right thing, at the right time, in the right circumstance.

With this in mind, the action which is supported by egoism but MIGHT SEEM unethical is hiring a company to clean your neighbor's lot<em> </em><em>without their permission</em> so your property value will increase

Therefore, the correct answer is option B

Read more about ethics here:

brainly.com/question/13383200

8 0
2 years ago
Select the most appropriate opening for a direct claim letter when the remedy is obvious. O Please send me a new Nintendo 3DS to
Illusion [34]

Answer:

Include original pertinent documents.

Explanation:

My Nintendo 3DS screen went blank, and I can’t play games on it anymore. I would like to ask for a new one.  Please consider the fact that my Nintendo 3DS is still under full warranty.

7 0
3 years ago
Read 2 more answers
You are in charge of your country's currency, which is backed by a gold standard. Unfortunately, gold production is dropping sha
Dahasolnce [82]

Answer:

C. Move to fiat currency

Explanation:

Gold Standard

Gold standard is a monetary system where the paper money issued by the government through its monetary authority must be backed a defined quantity of gold. But nations have since moved from that gold standard and to a monetary system known as  Fiat currency. under gold standard the value of money is commensurate with the value of gold backing such a currency.

Fiat currency

When monetary authority issue paper money that is not backed by gold but  with the faith of the issuing authority, such is called fiat currency or fiduciary issue. Fiduciary issues is purely based on trust in the government issuing it.

4 0
3 years ago
Which of the following is an advantage of being an entrepreneur in the consumer service industry?
andrew11 [14]

C is the answer for this question....

7 0
3 years ago
Read 2 more answers
Other questions:
  • Bunny Babbett has just become an independent contractor selling the products of Tweethouse, a firm that makes elaborate (and exp
    14·1 answer
  • In Maricaibo, incandescent lightbulbs are being replaced with fluorescent lightbulbs, which have fewer negative effects and many
    14·2 answers
  • A(n) ________ market is a market in which goods or services are bought and sold illegally
    5·1 answer
  • Market failure associated with public goods Deborah was willing to contribute $40 this year to her local college radio station.
    7·1 answer
  • The bookkeeper for Sunland Company asks you to prepare the following accrual adjusting entries at December 31. (If no entry is r
    13·1 answer
  • The partial worksheet for the Jamison Company showed the following data on October 31, 2019. Income Balance Statement SheetAccou
    10·1 answer
  • Brandack is a leading manufacturer of storage devices. During a span of every five years, it produces one high-performance stora
    10·1 answer
  • The period in which real GDP increase over two consecutive quarters.
    6·1 answer
  • Stock X has a standard deviation of return of 10%. Stock Y has a standard deviation of return of 20%. The correlation coefficien
    7·1 answer
  • Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!