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Levart [38]
3 years ago
14

A major purpose of preparing closing entries is to a) adjust the asset accounts to their correct current balances. b) update the

Retained Earnings account. c) close out the Supplies account. d) zero out the liability accounts.
Mathematics
1 answer:
babunello [35]3 years ago
5 0

Answer:

b) update the Retained Earnings account.

Step-by-step explanation:

A major purpose of preparing closing entries is to -  update the Retained Earnings account.

Retained earnings are defined as those profits, that a company has earned to date minus any dividends or other money paid to investors.

Whenever we make an entry to the accounting records, that affects a revenue or expense account, this retained earning amount is adjusted.

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Please help!!! 20 POINTS!!
Sedbober [7]

Answer:

it would be 9 by 6

Step-by-steit would be 9 by 6p explanation:

it would be 9 by 6

8 0
3 years ago
In science class, the average score on a lab report is 82 points, with all students scoring within 3.2 points of the average. If
nirvana33 [79]

An equation that represents the minimum and maximum scores is; |x - 82| = 3.2.

<h3>How to write an absolute value equation?</h3>

The absolute value function is defined by:

f(x) = x, x ≥ 0.

f(x) = x, x < 0.

It measures the distance of a point x to the origin.

For this problem, the distance between the minimum and the maximum scores and the mean is of 3.2, that is, the difference between these scores x and the mean of 82 is of 3.2, hence the absolute value equation that represents this situation is given by:

|x - 82| = 3.2.

Read more absolute Value equation at; brainly.com/question/5012769

#SPJ1

7 0
2 years ago
What is the mean of the values in the dot plot?
sergij07 [2.7K]
First, write out all the values:
40,41,41,45,48,48,49,49,49,50

Then to find the mean, you add all the values and divide by the number of values (there are 10 values)
(40+41+41+45+48+48+49+49+49+50)/10
460/10
=46

Hope this helps
3 0
3 years ago
6 x 2/3 x 2 1/2 = what plss help
Afina-wow [57]

Answer:

10

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Slope of -5 2). (3,9)
podryga [215]

Answer:

The slope of the given two points is m=\frac{7}{8}

Step-by-step explanation:

Given two points are (-5,2) and (3,9)

To find the slope with these two points

Let (x_{1},y_{1}) and (x_{2},y_{2}) be the given points

By using Slope Formula:

m=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}

m=\frac{9-2}{3-(-5)}

m=\frac{9-2}{3+5} ( subtracting and adding the corresponding terms)

m=\frac{7}{8}

Therefore slope is m=\frac{7}{8}

The slope of the given two points is m=\frac{7}{8}

3 0
3 years ago
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