Answer:
a) Fees earned (or revenues) will be understated. Net income will be understated.
b) Accounts (fees) receivable (or assets) will be understated. Owner’s equity will
be understated.
Explanation:
Adjusting entries refers to the entries that are made at the end of an accounting period in accordance with revenue recognition, principle and expense recognition principle.
All adjusting entries affect at least one income statement account (revenue or expense), and one statement of position account (asset or liability).
Answer:
an opportunity to trade and gain wealth
access to rich resources and raw materials
access to valuable rivers and other waterways
Explanation:
hope this helps :)
Southern states were known as the cotton kingdom because the cotton population in the south was rapidly growing. Rich plantation owners would grow cotton and sell them to the New England region to make clothes etc.
The answer is Speed.
Speed is the norms of the millennial generation and is most likely the reason for the widespread influence of the "Google Effect". Speed leads to urge faster decision making and feedback on job performance. When we include Speed, we know that instant feedback is expected. The name itself (Speed) says it all.
Answer: C - negotiations between unions and company leaders
Explanation:
Just took the test
