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finlep [7]
2 years ago
6

Ruth Company showed the following balances at the end of its first year.

Business
1 answer:
Tom [10]2 years ago
3 0

<u>Answer:</u>Option<u> </u>$29,400

<u>Explanation:</u>

The credit items that will be shown on the trial balance are as follows

Accounts payable       2800

Notes Payable              4200

Denton Capital              1400

Revenues                     21000

Total Credits in             29400

trial balance

In a trial balance the total debit and credit items should balance. Trial balance has all the items that are posted in the general ledger account. It is a book keeping work sheet that contains the balance of all ledgers. At end of reporting time trial balance is prepared by the company.

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Which of the following errors would cause the adjusted trial balance to be unequal? a. The adjustment for prepaid insurance was
zalisa [80]

Answer: Option (C) is correct.

Explanation:

There is a adjustment entry for depreciation of $3,545 but the amount that is debited as depreciation expense is different from the amount that is credited as accumulated depreciation.

Depreciation Expense A/C     Dr.     $3,454

To Accumulated Depreciation                          $3,545

This will lead to an unequal adjusted trial balance.

Option 'A' and 'B' has no effect on the adjusted trail balance to be unequal because whole transaction is omitted.

Option 'D' also has no effect on adjusted trail balance because the debit and credit amount will still match.

3 0
3 years ago
Sylvester Motors Inc. has the following balances at the end of the accounting period:
Makovka662 [10]

Answer:

C $49,000

Explanation:

none

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2 years ago
Jamal (now age 54) lost his job. he has very specialized skills that are no longer in demand. jamal's unemployment is best class
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His unemployment is best classified as Structural. 
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3 years ago
*BLANK* bias indicates the tendency of an individual to attribute his or her own successes to internal factors while putting the
AveGali [126]

Answer:

B- Self-serving

Explanation:

just took it

6 0
3 years ago
A Truss Above, a home builder in the United States, secures products such as roofing shingles, cabinets, and plumbing materials
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The practice that sees the contractor using outside suppliers to build homes is known as <u>Importing</u>.

<h3>What is importing?</h3>

This refers to when goods are acquired from outside the nation for reasons such as the goods being cheaper and more available.

Truss Above is engaged in importing when it buys goods from outside suppliers and then uses it in the United States.

Find out more on importing at brainly.com/question/13663581.

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