2 is better than 1. if she buys the jacket she Will only have $5 left but if she buys both shirts she Will spend $50 and have $10 left to buy whatever else she wants that is less than $10
Answer:
d.when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount
Explanation:
When correcting errors in a trial balance, the ruling method should be used "when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount."
In trial balancing, an error can be fixed or corrected by tracing the trial balance steps. First, make a comparison between the ledger balances and the amount posted to the trial balance then add both debit and credit table if the amount matches, otherwise use the transposition method.
Answer:
A tax rate of 10.71% should make both both indifferent for investors.
Explanation:
the municipal bonds are income-tax free so we should solve for the tax rate which makes both bonds equaly attractive.
0.075 = after-tax rate
0.084 = pre-tax rate
A tax rate of 10.71% should make both both indifferent for investors.
