Answer:
b) false
Explanation:
An increase in debit balances means more investing by naive investors and would be a bearish indicator.
A debit balance can be regarded as account balance that has positive balance at the left side of the account.
Some of the Accounts with debit balance are;expenses as well as
assets and losses. Some of these accounts Examples could be fixed assets accounts receivable as well as fixed assets. Some Contra accounts usually have debit balances , some of theses are;contra equity and contra liability. Typical example is the treasury stock account. bearish harami which can be regarded as candlestick chart indicator, ,that is responsible for reversal as regards bull price movement.
Answer:
Option D. Prepare a trial balance, prepare adjusting entries, prepare financial statements
Explanation:
The accounting cycle sequence is given as under:
- Analyzing the business
- Journalize the Transactions
- Post to Ledger Accounts
- Prepare a Trial Balance
- Posting adjusting entries and Preparing an adjusted trial balance
- Preparing the financial statements
- Journalize and post closing entries
- Prepare a post closing trial balance and financial statement
So we can see that the three steps highlighted above are the sequence shown in the option D. Hence option D is correct.
Answer:
A) 30 pies and 100 cakes.
Explanation:
Kim can produce 40 pies or 400 cakes an hour. Liam can produce 100 pies or 200 cakes an hour.
Since each one will specialize in the production of the good in which they have a comparative advantage, Kim will produce cakes and Liam will produce pies.
before specialization Kim produced 20 pies and 200 cakes, while Liam produced 50 pies and 100 cakes.
So the total gains from trade are:
- 50 pies - 20 pies = 30 pies
- 200 cakes - 100 cakes = 100 cakes
Convenience sampling is used, because the population is taken from a sample that easy to reach
In the issue of this magazine the people that the ad is most likely targeting would be the baby boomers.
<h3>Who are the baby boomers?</h3>
This is the name that was used to refer to the people that were born at the period that the second word war ended and towards the 1960s. These were the people that were in the United States between the years of mid-1946 and mid-1964,
Hence we can conclude by saying that In the issue of this magazine the people that the ad is most likely targeting would be the baby boomers.
Read more on baby boomers here
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