Answer:
The Final Step is 'post to a trial balance so financial statements can be prepared'
Explanation:
The accounting cycle has, in most theory analysis, 8 steps that will serve to record and process all financial transactions of a company, beginning at the transactions itself and ending at resetting the balance so a new cycle can begin. The steps are:
1) The occurrence of Financial Transactions
2) The record of those transactions in the company journal
3) The summary of all journal’s transactions in the general ledger
4) The calculation of a total balance for all accounts
5) The corrections of error in balances by the bookkeeper
6) The posting of adjustments in all accounts
7) The manufacture of financial statements using the correct balances
8) The close of revenue and expense accounts to open a new cycle
Answer:
"D"
Explanation:
Sales literature is a marketing approach strategy where apart from advertisements , a marketer uses collection of different materials like brochure , specification sheets ,price lists in enlightening customers towards making buying decision
Under the FINRA rule 2210, it must be delivered to more than 25 prospective clients.
Where it is providing testimonial concerning certain investment performance,it must disclosed that
- the testimonials do no belong to others
- it is no guarantee of future performance
- if more than a nominal sum is paid and the fact that it is a paid testimonial
I believe the correct answer from the choices listed above is option D. The scenario that demonstrates the function of money as a measure of value would be that Sharad decides to offer his services as a typist. he asks for $3 per page. a new client prefers $2 per page. They settle at $2.50 per page. <span>Closely linked with the service of </span>money <span>as a </span>medium of exchange <span>is its </span>function as a measure of value.<span>
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Answer: B. $770,000
Explanation:
The taxable income that they would report on the consolidate tax return would be $770,000 ($600,000 + $120,000 + $50,000)
The reason why we have added $50,000 is because the Ketchem sold $50,000 worth of supplies to Catcham and Catcham were able to pay that amount within 20 days. That is in the month of November.
Also, the consolidated report is to be made after December 27, therefore, we will include this transaction as it was before 27th December.
Answer: A. They were caught in the logic of the prisoner's dilemma in which each player maximizing his own self-interest leads to an outcome that is worse off for everyone.
Explanation: