Answer: The correct answer is a). The sum of the debits will equal the sum of the credits.
Explanation: When a journal entry is posted as same amount to both the debit and credit it balances up in the trial balance.
In the same vein, irrespective of the error in the ledger raised and posted in the trial balance, the sum will be equal on both the debit side and the credit side.
Answer:
Option (a) is correct.
Explanation:
Given that,
Completed units during June = 65,000 units
Ending inventory units = 7,000 units
Beginning inventory units = 4,000 units
Number of material equivalent units of production in the June 30:
= Completed units during June + Ending inventory units - Beginning inventory units
= 65,000 units + 7,000 units - 4,000 units
= 68,000 units
Therefore, the number of material equivalent units of production is 68,000 units.
1.tracking your spending 2.avoiding impulse purchases 3.using credit cards infrequently
Answer:
P V = 1669,5
Explanation:
After seven years, future payment will be 9800$ and from there on we will have 23 annual payments more:
P V = 9800/(1+0.08)^23 = 9800/5,87 = 1669,5
It excludes money paid as salaries or wages to employees.
