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OLEGan [10]
3 years ago
11

Closing entries are Question 13 options: a. an optional step in the accounting cycle. b. posted to the ledger accounts from the

worksheet. c. made to close permanent or real accounts. d. journalized in the general jou
Business
1 answer:
GREYUIT [131]3 years ago
7 0
D) as closing entries are apart og the accounting cycle, and only temporary accounts like expenses are closed.
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The transactions of Spade Company appear below.
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Answer:

Please see the required journals below.

Explanation:

a. Owner's investment in business

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5 0
3 years ago
The term product class refers to:________.
Aleks [24]

the industry a set of offerings belongs to.

3 0
3 years ago
(05.01 MC) This quotation best supports which of the economic theories of John Maynard Keynes? A. Businesses and jobs rely most
tankabanditka [31]

Answer:

These two statements are correct:

A. Businesses and jobs rely most strongly on consumer demand.

B.Government regulation is necessary to stabilize the economy.

Explanation:

The first statement is correct because John Maynard Keynes that demand was the most important side of the economy, not supply. This is why his policies are sometimes referred to as "demand-side economics", while the policies of many of his detractors, such as Milton Friedman, are referred to as "supply-side economics".

The second statement is also correct because Keynes believed that a market economy was naturally subject to business cycles: cycles of boom and bust that could either benefit millions, or harm millions. Keynes thought that the government should regulate the economy in order to lessen the effect of those cycles.

5 0
3 years ago
Read 2 more answers
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