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AURORKA [14]
3 years ago
9

How does bankruptcy affect a persons credit rating

Business
1 answer:
Anna11 [10]3 years ago
5 0
It will lower your credit rating by so much based on your credit rating before bankrupycy
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Which account would be listed on a post-closing trial balance?
Elis [28]

Answer: c. Retained Earnings

Explanation:

The post-closing trial balance reflects balance sheet items that do not have a $0 balance in them when a period has ended and is prepared after the temporary accounts have been closed off. The purpose is to make sure that the debits equal the credits.

As there are no temporary accounts, all income statement items will have been closed off and moved to the Retained earnings account which will reflect the total for the income statement for the year. The only account that will be listed in the post-closing trial balance therefore will be the Retained earnings account.

7 0
3 years ago
List the inventions of charles Barbbage.​
Furkat [3]

Answer:

The invention of Charles Babbage are

  1. Analytical Engine

and

2. Difference Engine

hope it is helpful to you ☺️☺️

6 0
3 years ago
The overall, company-wide program for selecting a particular target market and then satisfying consumers in that market through
solong [7]
Answer:  "marketing strategy" .
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3 0
3 years ago
Having just one error on a cover letter may eliminate an applicant from being considered for employment. True or false
Zielflug [23.3K]

Answer:

True

Explanation:

It shows that you are uneducated and not ready for a professional job, no matter what the job is you always need to show proper writing techniques. NO SLANG!

Hope that helps

4 0
3 years ago
A ceo believes that the company should try to keep the stock price high by manipulating the financial statements to protect its
spin [16.1K]

Answer: Rationalization

Explanation:

Here in this scenario, the element of fraud triangle that bis being discussed is the <em>rationalization</em>. Fraud triangle defines 3 factors which are mostly responsible and thus further tend to contribute to the increase in risk of a fraud. These are: Opportunity, Incentive, and Rationalization.  Rationalization is referred to as the individual’s reason and excuse for committing a fraud.

8 0
3 years ago
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