Explanation:
How to "buy at wholesale, sell at retail" like financial institutions
How to navigate today's increasingly volatile markets and manage risk
Common mistakes of the novice investor and how to reduce them
How you can time the market by waiting for opportunity to come to you
A rules-based strategy for trading in any market and any asset class
Answer:
The correct option is C
Explanation:
Subsidiary ledger are those kind of the ledger which is stated as the group of the similar or common accounts, whose combined balances are equal to the balance in the particular account of general ledger.
The general ledger is the account that summarizes or provide detailed information of the account balances of the subsidiary ledger is recognized as the control account or the master account.
The subsidiary ledger are those group of accounts which have a similar characteristic and provide summarized information regarding the control account.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Option 1: they can pay Sadie $5 per haircut plus 20% of their revenue.
Option 2: they can pay a flat chair rental of $1,000 per month.
The hairdressers charge their customers $40 per haircut.
Option1= 5*cut + 8*cut= $13 per cut
Option 2= $1000
1000= 13x
77=x
77 haircuts.
The correct statement is that in the <u>spreadsheet </u>below, a <u>financial plan</u> for<u> </u><u>protecting assets </u>is missing. So, the correct option is C.
A financial plan for protection of assets seems to be missing, as there is no payment of premium of insurances in cash outflow columns.
<h3>Financial Plan </h3>
A financial plan refers to as the estimation and strategy making of the cash flows that an individual or an organization is to manage.
In the example above, it can be seen that there are a lot of cash outflows, but not a single dollar is spent on protecting the assets by way of payment of insurance premium.
So, a financial plan for protecting assets is advised to be created, as the individual will require protection against any unwanted and unprecedented losses or damages.
Hence, the correct option is C that in the spreadsheet below, a financial plan for protecting assets is missing as there is no payment towards insurance premiums in the cash outflows.
Learn more about Financial Plan here:
brainly.com/question/1323646
Answer:
(D) contra asset, expense
Explanation:
Accumulated depreciation is a contra asset. When preparing ledger accounts, it will be credited hence will have a credit balance.It is also recorded in the balance sheet. On the other hand, depreciation expense is considered an operating expense. It is included as an item in the income statement when calculating a business's net income.
