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3 years ago

What is a balance sheet?

Business

2 answers:

Setler [38]3 years ago

8 0

It is a list of assets or it could detailing the balance of income of a business for a period of time.

solong [7]3 years ago

4 0

A balance sheet shows the assets, liabilities, and networth of a company at a point in time. Balance sheets are one of the tools used to evaluate the overall health of a company. They are often used with income statements.

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With a _______ lifestyle, people select products and services that fulfill their diverse needs and interests, rather than confor

Sladkaya [172]

Answer: component

Explanation:

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2 years ago

Bledsoe Company received $15,000 cash from the issue of stock on January 1, 2013. During 2013 Bledsoe earned $8,500 of revenue o

kati45 [8]

Answer:

Total assets is increased by $18,100

Explanation:

The computation is shown below:

= Cash received from the issue of stock + revenue earned on account - cash paid for operating expenses

= $15,000 + $8,500 - $5,400

= $18,400

This positive amount shows that there is an increase in the total assets for $18,100

The cash collected from the account receivable is not relevant. Hence ignored it

5 0

3 years ago

In the short-run, fixed costs __________ with quantity produced. variable costs _________ with quantity produced.

Anvisha [2.4K]

In the short-run, fixed costs<u> all</u> with the quantity produced. Variable costs<u> at least some</u> with the quantity produced.

A Variable cost is a corporate price that changes in share to how plenty an employer produces or sells. Variable charges grow or decrease depending on an enterprise's manufacturing or income extent—they rise as manufacturing will increase and fall as production decreases.

Variable costs are charges that trade as the volume changes. Examples of variable costs are raw substances, piece-price labor, manufacturing resources, commissions, transport charges, packaging resources, and credit card expenses. In some accounting statements, the Variable costs of manufacturing are called the “fee of goods offered.”

Variable costs are prices that trade as the quantity of the good or carrier that a commercial enterprise produces modifications. Variable charges are the sum of marginal fees over all devices produced. They also can be taken into consideration in everyday expenses. Fixed charges and variable expenses make up the 2 components of general value.

Learn more about Variable costs here brainly.com/question/5965421

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3 0

2 years ago

"3. ERA Company’s controller accidentally erased the 3/1/20 balance for the Accounts Receivable account. However, she can see th

VikaD [51]

Answer:

The multiple choices are:

a.300,000

b.$400,000

c.$800,000

d.$1,300,000

The correct option is C,$800,000

Explanation:

Opening accounts receivable=closing receivables+cash received-credit sales

closing receivables is $500,000

cash received during the month was $1,800,000

credit sales during the month was $1,500,000

Opening accounts receivable =$500,000+$1,800,000-$1,500,000

opening accounts receivable balance =$800,000

This is more like working backwards,as closing closing receivables formula is ;

closing receivables=opening receivable+credit sales-cash received

simply change the subject to opening receivables

opening receivables=cash received+closing receivables-credit sales

6 0

3 years ago

Which of the following is NOT a true statement?

ASHA 777 [7]

Answer: The correct answer is "D) Because investment objectives deal with the future, it is useless to plan more than five years in the future.".

Explanation: The statement "D) Because investment objectives deal with the future, it is useless to plan more than five years in the future." is NOT TRUE because through a correct analysis of the variables and a good amount of quality information it is possible to plan more than 5 years in the future and obtain good results.

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3 years ago