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zimovet [89]
3 years ago
12

Which of the following phases of the accounting information processing cycle is performed at the end of the accounting period? A

. A. Adjusting entries. B. Peer reviews. C. Liquidation D. Transaction entries
Business
1 answer:
seropon [69]3 years ago
4 0

Answer:

A. Adjusting entries.

Explanation:

There are various steps in the accounting cycle which are as follows:

1.  Business organization transactions analysis.

2. Recording of journal entries

3. Posting to ledger accounts

4. Preparation of trial balance

5. Record adjusting entries

6. Preparation of adjusted trial balance

7. Preparation of financial statements

8. Close the accounts

9.  At last, Do post-closing of trial balance

So, the correct option is A.

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An investment, which is worth 26,800 dollars and has an expected return of 4.28 percent, is expected to pay fixed annual cash fl
Dennis_Churaev [7]

Answer:

Present Value =  $22,663.69

Explanation:

<em>The present value of a sum expected in the future is the worth today given an opportunity cost interest rate. In another words ,it is amount receivable today that would make the investor to be indifferent between the amount receivable today and the future sum.</em>

The present value of a lump sum can be worked out as follows:

PV = FV × (1+r)^(-n)

PV - Present value - ?

FV - Future value - 26,800

r- Interest rate per period - 4.28%

n- number of periods- 4

PV = 26,800 × (1.0428)^(-4)=22,663.69

PV =  $22,663.69

7 0
3 years ago
Students interested in working as a chef might participate in what?
kolezko [41]
From my research, Skills USA is the most hands on when it comes to that kind of stuff.

I personally think the answer is C
7 0
3 years ago
Read 2 more answers
‏( Z ) Company has beginning inventory of 15,000 units and expected sales of 23,000 units . If the desired ending inventory is 1
devlian [24]

Answer:

the  number of units should be produced is 26,000 units

Explanation:

The computation of the number of units should be produced is as follows:

Units to be produced is

= Expected sales units + ending inventory units - beginning inventory units

= 23,000 units + 18,000 units - 15,000 units

= 26,000 units

Hence, the  number of units should be produced is 26,000 units

4 0
3 years ago
The marginal benefit of another T-shirt this month to Mary is $15. If the $10 price of a T-shirt reflects its marginal cost to M
DaniilM [7]

Answer:

The correct answer is option d.

Explanation:

The marginal benefit of another T-shirt is $15. The price of the T-shirt is $10.  

The marginal cost is equal to the price, so it is also $10.  

The marginal benefit earned from the T-shirt is greater than the marginal cost incurred on a T-shirt.  

According to economic reasoning, it is profitable to buy another T-shirt. So, Mary will buy another T-shirt this month.

5 0
3 years ago
When you create a shape, additional
QveST [7]

Answer:

formatting or editing because that is where you can change how something is placed or appears in the document.

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3 years ago
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