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
NemiM [27]
3 years ago
13

What can i do if my total in cash account is not the same in credit and debit side?​

Business
1 answer:
kumpel [21]3 years ago
3 0

Answer:

Consider which items are meant for debit and credit.

Explanation:

The principle of double entry States that for every debit entries, there must be a corresponding credit entries and vice versa. This principle follow suits when preparing ledger accounts and trial balance.

Trial balance is the arithmetrical accuracy of the ledger. Once double entry principle is adhered to, the trial balance must definitely balance.

Where there are differences, check that items which ought to be debited and credited are correctly done. Also check if correct amount is posted like avoiding transposition error.

You might be interested in
Which one of these is the best way to prevent foreclosure? Save at least 1% of your home’s purchase price annually Refinance as
GenaCL600 [577]

Answer:

Use a budget to live within your means and build saving

Explanation:

Taking loans in engaging in capital projects are not to be discouraged,but the opinion or the fear of the masses is, if such loans could be paid back or the lender will be forced to apply foreclosure on your assets.

Through living within your means and with a healthy and well planned saving budget,all borrowed money will be definitely paid back to the lender .

4 0
4 years ago
What is the value of an annuity due at the end of 15 years of quarterly deposits of $2,000.00 with terms of 8 percent compounded
yan [13]
2,000×((((1+0.08÷4)^(4×15)
−1)÷(0.08÷4))×(1+0.08÷4))
=232,665.14
7 0
4 years ago
Corporate annual reports typically do not contain
Airida [17]

Answer:

c. an SEC statement expressing an opinion.

Explanation:

The corporation's annual report usually called the Annual financial statements usually contains  management discussion and analysis, the various statements of account such as balance sheet, profit or loss, changes in equity, cash flow statements and their accompanying notes.

From the options given, the only option not  shown in the report is an SEC statement expressing an opinion.

Option c is right.

8 0
3 years ago
there is a growing demand of a firm of architects and engineers in developing countries like Nepal justify​
FromTheMoon [43]

Answer:

yes the developing countries not only Nepal but India also I am in great need of such wonderful master architects and engineers . To develop their country condition they need search architects and engineers for their development

5 0
3 years ago
Read 2 more answers
The Callie Company has provided the following information: Operating expenses were $237,000; Cost of goods sold was $364,000; Ne
Kobotan [32]

Answer:

$506,000

Explanation:

The gross profit of a company is the balance left after the deduction of costs associated with producing or selling of the company's goods or cost associated with providing services from the net revenue

The gross profit is simply calculated as

= Net revenue - Cost of goods sold

= $870,000 - $364,000

= $506,000

Therefore, Callie's gross profit is $506,000

3 0
3 years ago
Other questions:
  • U.s. government transfer payments that depend on the income of the recipient are known as
    13·1 answer
  • On March 1, it was discovered that the following errors took place in journalizing and posting transactions:
    14·1 answer
  • The overhead costs in a highly automated factory are expected to increase at an annual compound rate of 10 percent for the next
    10·2 answers
  • Business ethics: Results in a set of correct decisions made by a company Refers to a standard of business conduct Can improve bu
    11·1 answer
  • The FED’s Board of Governors consists of seven members appointed for staggered _________ year terms by the President of the U.S.
    14·1 answer
  • Fatima41777 why are you rude
    6·2 answers
  • common lit capataliasmn-Which phrase best describes the relarionship between workers and bussiness owners in capatalists cociety
    8·1 answer
  • Zimmerman Auto sells new and used cars. Its assets are as follows: (1) the showroom building, a separate building used to servic
    12·1 answer
  • What are the three types of Learning Styles
    6·1 answer
  • consider the textbook’s definition of marketing. select a company that you think effectively markets its goods, services, or ide
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!