1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natta225 [31]
2 years ago
14

The account that is brought up to date after the closing entries have been journalized and posted is the ____.

Business
1 answer:
yanalaym [24]2 years ago
5 0

Complete/Correct Question:

The account that is brought up to date after the closing entries have been journalized and posted is the ____.

A. Sales account

B. Purchases account

C. Capital Stock account

D. Retained Earnings account

Answer:

D, retained earnings account

Explanation:

Retained earnings can be defined as the accumulated income of a firm, that is retained by firm, after a certain period of time. After a certain time could be after the reporting period.

Simply put, retained earnings can be said to be the amount of income that a firm keeps after a period such as declaring financial reports.

The retained earnings is always reported and recorded in the stakeholder's equity and the company's balance sheets respectively. Retained earnings signify or represent how much of its profits a firm has reinvested itself.

Cheers.

You might be interested in
Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist__
miss Akunina [59]

Answer:

raises;larger;decrease;always.

Explanation:

Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist raises its price, quantity would fall by a larger percentage than the rise in price, causing profit to decrease. Therefore, a monopolist will always produce a quantity at which the demand curve is elastic because he or she will be maximizing profits.

A monopolistic market is a type of market structure that is typically characterized by a single supplier or seller of a particular product without any competition from any other in the market. The features of a monopolistic market are;

- Single seller.

- Profit maximizer.

- Price maker.

- High barriers to entry for others.

- Price discrimination.

- No close substitutes or competition.

3 0
3 years ago
No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the firs
allochka39001 [22]

No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.

<h3><u>What is the role of a director?</u></h3>
  • An organization's directors play a crucial role in governance on behalf of its shareholders or members.
  • The legal obligations that each Director must uphold during their tenure are outlined in various pieces of legislation. However, Directors are also held personally responsible for exceeding 700 more laws and legal standards.
  • Each director must acknowledge and support the following standards of conduct:
  • To accept personal accountability for contributing objectively and without regard to one's own interests to the Board's choices.
  • To proactively seek out sufficient knowledge about the organization's operations.
  • To constructively contribute to the formulation of pertinent organizational policies.
  • To give the organization's long-term strategies solid support.

In order to encourage good governance and guarantee that each director acts in the interests of the company's stakeholders, the legally based director duties were created. 

Know more about Directors with the help of the given link:

brainly.com/question/14279294

#SPJ4

8 0
1 year ago
Google's mission statement is "to organize the world's information and make it universally accessible and useful."
Marina CMI [18]
I believe it is c . sorry if incorrect
8 0
3 years ago
Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials$5.25 Direct labor$3.90
Vikentia [17]

Answer:

$16,050

Explanation:

The computation of the total amount of the period cost is shown below:

= Sales commission per unit × number of units sold + Fixed selling and administrative expense + Variable administrative expense per unit  × number of units sold

= $1.80 × 4,500 units + $6,600 + $0.30 × 4,500 units

= $8,100 + $6,600 + $1,350

= $16,050

7 0
3 years ago
Major retail firms such as Walmart have used data mining to customize the product offerings for each store.
Gwar [14]
Answer
False
Explanation
Data mining is the process of turning raw data into useful information
3 0
3 years ago
Read 2 more answers
Other questions:
  • A product sells for $200 per unit, and its variable costs are 65% of sales. the fixed costs are $420,000. what is the break-even
    13·1 answer
  • In the context of the six sections of the Position Analysis Questionnaire (PAQ), _____ represent the reasoning, decision-making,
    9·1 answer
  • Because of its size and relative power, Walmart can easily impose controls on small manufacturers, such as Brown Betty Dessert B
    11·1 answer
  • Which best describes an investor’s primary goal?
    11·2 answers
  • When supplies are endless, prices tend to _____.
    11·2 answers
  • Mauritiana uses standard costing for her shawls. She expects that a typical shawl should take 4 hours to​ produce, and the stand
    13·1 answer
  • LBM, Inc. issues 25,000 shares of common stock for $20 per share. The stock has a par value of $1 per share. By what amount woul
    8·1 answer
  • Marginal resource cost is: A) Determined by the marginal physical product schedule for an input B) A firm's cost of hiring one g
    7·1 answer
  • If+you+believe+you+have+a+60%+chance+of+doubling+your+money,+a+30%+chance+of+gaining+15%,+and+a+10%+chance+of+losing+your+entire
    5·1 answer
  • Question 1<br> What is the most important question you should have after seeing this ad about a check cashing business?<br> Why
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!