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
gregori [183]
2 years ago
7

The financial statements report the cumulative impact of all transactions recorded as of the financial statement date. Input the

cumulative amount of a) Net Income (Loss), b) Total Assets, c) Total Liabilities, and d) Total Equity that would be reported on the financial statements immediately after each transaction is recorded. (Hint: You can check your work by selecting the date on the trial balance tab.) The first two transactions are completed for you!
Business
1 answer:
kompoz [17]2 years ago
5 0

Answer:

Yes, financial statement is a cumulative record of all transactions.

Explanation:

  • A financial statement is a form of the formal record. Its reports the business, person or an entity. The relevant information is resented by discussion and analysis. Such as balance sheet, income statements, statements of equity, cash flow, and comprehensive statements. Thee by its includes all sorts of financial statements.
You might be interested in
Jeremy is an effective leader who is capable of helping his subordinates complete their tasks. However, he is considered intimid
never [62]

Answer:

Fiedler's contingency theory of leadership effectiveness.

Explanation:

Fiedler's contingency theory of leadership effectiveness states that one's effectiveness as a leader is determined by how leadership can match the situation at hand.

There is no single best way to lead, but leadership style is determined by the situation.

According to Fiedler's contingency theory of leadership effectiveness, leadership style is fixed and leaders will need to be put into situations that best matches their style.

The two important factors to consider in thos theory are leadership style and situational favourableness.

6 0
2 years ago
For a profitable firm, an increase in which one of the following will increase the operating cash flow?
disa [49]
Employee salaries

The employee salaries is something that comes under the Operating Activities of a business, in its Cash Flow Statement. Therefore an Operating Cash Flow would be Employee Salaries in this case.
3 0
3 years ago
Robert wants to hire more employees for his doggie day-care business. Which of
aliina [53]

Answer:make a list of responsibilities and tasks that need to be accomplished in the business

Explanation:

3 0
3 years ago
You are Chair of the Federal Reserve Board. In your meeting with the Federal Open Market Committee, the committee un-animously v
ivolga24 [154]

You reply that "OMOs are the purchase and sale of government securities. To increase the money supply we will buy government securities which increases the amount of reserves in the banking system and fuels deposit expansion".

<u>Option: A</u>

<u>Explanation:</u>

The action of central bank to offer or take liquidity from or into a bank or a collection of banks in its exchange rate currencies is understood as an open market operation or OMO. The central bank is the only origin of such policy which may either purchase or sell the bonds of government on the open market or in what is now often the acceptable option, engage into a repo or protected lending agreement with a commercial bank: the central bank lend the monetary as a reserve over a given period of time and concurrently selects the qualified asset as security.

Here the Chair of the Federal Reserve Board explained OMO for the purpose of their use in the scenario of increasing money supply, by purchasing or selling the bonds or securities of public authorities to eligible bodies for the increment of assets in banking sector to drive the expansion of deposits.

8 0
3 years ago
The first step in pursuing your financial goals is_______. PLEASE HELP
Delvig [45]
Your first step is to create a saving plans and to set your smart goals
5 0
2 years ago
Read 2 more answers
Other questions:
  • When a ceo opened the nationwide sales force meeting with a crude sexually explicit joke it was an example of ____?
    9·1 answer
  • Label the following scenarios as examples of elastic, inelastic, or unit elastic demand. When Ruko, a device used to stream movi
    9·1 answer
  • Petrus Framing's cost formula for its supplies cost is $1,710 per month plus $9 per frame. For the month of March, the company p
    8·2 answers
  • "True or false: When evaluating a position strategy s implementation, it is more important to look at data and sales figures tha
    5·1 answer
  • A BUYER IS PURCHASING A HOME AND HAS ORDERED A HOME INSPECTION AND A A TERMITE INSPECTION. WHAT SHOULD THE BUYER ORDER TO PROTEC
    8·1 answer
  • Kinnamont Company manufactures farming equipment that includes navigational systems as part of the standard equipment package an
    15·1 answer
  • In a department, 28,000 units are completed and transferred out and 14,400 remain in ending WIP at 85% complete. If an equivalen
    8·1 answer
  • QUESTION 6 of 10: A business with two owners where the profits are taxed as income to the owners is most likely a:
    7·1 answer
  • Discuss the limitation of<br>division of labour and<br>Specialization​
    5·1 answer
  • The year the volleyball was introduced​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!