If a company recorded an adjusting entry by debiting Interest Expense for $500 and Interest Payable for $50 in error, then the: Adjusted trial balance's debits side will not equal its credits side.
<h3>Adjusted trial balance</h3>
Based on the information given debiting Interest Expense for $500 was right and debiting Interest Payable for $50 was wrong.
Reason being that Interest expense is a debit entry because expenses are supposed to be debited while interest payable is a credit entry.
Based on this the adjusted trial balance's debits side will not equal its credits side.
Inconclusion If a company recorded an adjusting entry by debiting Interest Expense for $500 and Interest Payable for $50 in error, then the: Adjusted trial balance's debits side will not equal its credits side.
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Answer:
small businesses are becoming increasingly involved in international trade and investment.
Explanation:
Even though the term mini-multinational corporation seems like an oxymoron, it is not. Mini-multinational corporations are medium (or even small) size companies that start to operate in more than 1 country and generally reach out to whole geographic regions, e.g. Central America, the Mercosur in South America, Southern Asia.
Even though when we hear the term small business we might think about a family restaurant or store, or a small bakery, legally, businesses are considered small if they have generally less than 500 employees (which is actually a lot of people) and their total sales are less than $35.5 million per year (which is also a lot).
Globalization and the internet has made it easier for small and medium sized businesses to start operating in more than one country since trade barriers have lowered significantly.
Answer:
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Explanation:
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Answer:
b) How well you understand and use personal finance information
Explanation:
Financial literacy involves understanding and using financial information. When applied, a person is in a position to understand their financial situation and possess the ability to make well informed decisions on matters relating to money. A financially literate person understands how much money comes in and how much goes out and for what purposes. All aspects of their financial wellbeing are intentional.
Answer: Option (A)
Explanation:
An attribute is referred to as the specification that mostly defines the property of a object,file or element. It is also referred to as specific value for the given instance of the such. Attributes are considered as metadata. Attribute are frequently or generally referred to as the property of the property. The term attribute tends to be often treated as the equivalent to the property which is depending on technology being elaborated.
