A brownfield (also known as "brown-field") investment is when a company or government entity purchases or leases existing production facilities to launch a new production activity. This is one strategy used in foreign-direct investment.
Answer:
d. verify that the debits and credits are in balance.
Explanation:
Option A is wrong because without adjusting entries, there is not necessary to adjust the flow of the financial statement.
Option B is wrong because, if we do not give adjusting entries, a debit and a credit entry will not come, and that cannot disturb the income statement.
Option C is wrong because whether the adjusting entries are posted or not, net income will always go to the statement of owner's equity.
The purpose of adjusting entries is to verify that the debits and credits are in balance. Therefore, <em>option D</em> is the answer.
1) D
2) C
3) B
4) A
I think this is right if not sorry :)
Answer:
What?
Explanation:
Who are you talking about?
