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liraira [26]
3 years ago
15

How do you prepare a balance sheet

Business
2 answers:
Romashka [77]3 years ago
5 0

Answer:

1.

Determine the reporting Date and period. 2. Identify your assets. 3. Identify your liabilities.

4. Calculate shareholders' equity.

Add total liabilities to total shareholders' equity and compare to the assets.

Scilla [17]3 years ago
4 0
Determine the Reporting Date and Period. ...
Identify Your Assets. ...
Identify Your Liabilities. ...
Calculate Shareholders' Equity. ...
Add Total Liabilities to Total Shareholders' Equity and Compare to Assets.
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D. a and c

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You are waiting at a bus stop and the woman next to you is crying. You wonder why is so and make deduction that she cries becaus
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deduction theory cause your assumption was based on your instincts and it may not actually be the reason why the woman was crying

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When seeking financial backing from a venture capitalist, a small business owner should realize that the venture capitalist will
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When seeking financial backing from a venture capitalist, a small business owner should realize that the venture capitalist will expect an ownership stake in the company in exchange for financial backing.

Venture capitalists are investors that provide capital to small businesses, young companies, and start-ups in exchange for an equal value share in the asset and expect ownership.

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5 0
1 year ago
Emco Company uses direct labor cost as a basis for computing its predetermined overhead rate. In computing the predetermined ove
Andru [333]

Answer:

B. overstate the predetermined overhead rate.

Explanation:

As we know

The Predetermined overhead rate would be equal to

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In the given question, the direct labor cost is used for computing the predetermined overhead rate which is already wrong.

To find out the predetermined overhead rate, we always use the indirect cost instead of direct cost

This error could overstate the predetermined overhead rate as it would increase the indirect labor due to which overhead is also increased. So, automatically the rate would also be increased.

8 0
2 years ago
In the Reaching Beyond our Borders box titled, "Ethical Culture Clash", the story proves that a large multi-national company suc
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