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
denis23 [38]
3 years ago
15

A trial balance can best be explained as a list of: Multiple Choice The balance sheet accounts used to show the equality of the

accounting equation. All accounts and their balances at a particular date. Revenue, expense, and dividend accounts used to show the balances of the components of retained earnings. The income statement accounts used to calculate net income.
Business
1 answer:
zalisa [80]3 years ago
3 0

Answer:

All accounts and their balances at a particular date

Explanation:

The trial balance is the total of the all accounts belong to the income statement, retained earnings, balance sheet. Also their debit and credit balance are totalled and equalled to each other

So as per the given options, all other options except the above one are wrong as it represent to the particular statement i.e. totally incorrect

Therefore the above represent the answer

You might be interested in
To segment markets means to distinguish customers or markets according to common characteristics.
guapka [62]
Your answer is true that is what a segmented market is
7 0
3 years ago
Net exports are Multiple Choice exports plus imports. imports less exports. exports less imports. that portion of consumption an
sergij07 [2.7K]

Answer:

The correct answer is letter "C": exports less imports.

Explanation:

Net exports are the difference between exports and imports from a country. It is computed by subtracting the total export value of the country, with the total value of the imports. Net exports from a country take on a negative value or <em>trade deficit </em>if it imports more merchandise than it produces. If a nation imports less merchandise than it exports, a positive value or <em>trade surplus </em>results.

8 0
3 years ago
During the second year of the equipment’s life, $21,900 cash is paid for a new component expected to increase the equipment’s pr
Alona [7]

Answer:

   S/N              ACCOUNT                                 DEBIT                  CREDIT

      1             Equipment                                   $22,000

                        Cash                                                                     $22,000  

                    Being payment for new component expected to increase the

                    equipment’s productivity by 10% a year

      2.           Equipment Repairs expenses      $6,250

                       Cash                                                                          $6,250

                    Being payment for equipment repair

     3.            Equipment                                       $14,870

                       Cash                                                                          $14,870

                    Being payment for equipment repair to prolong the useful life

                    the asset

Explanation:

The initial cost incurred in acquiring an asset is debited to asset account, subsequently every other cost spent on the assets are either expenses against the earning of that period or expensed over many years over the useful life of the asset.

Capitalization is the recognition of an expense as an asset in the balance sheet rather than expenses in the income statement.

The payment of $22,000 paid for the equipment productivity must be capitalized, that is added to the cost of the asset because it is a cost that is  expected to increase the equipment’s productivity by 10% a year.

The  $6,250  paid for normal repair is a revenue items which is to be expensed against the earning of that period.

The $14,870 paid for repairs which will increase the useful life of the equipment from four to five years is a capital expenditure which should capitalized, that is added to the cost of the asset.

7 0
3 years ago
Question Number 5) UPS management feels that one of the main advantages ________ provides to the company is structure a union sa
matrenka [14]

One of the main advantages of C. The Union in a workplace is that it helps to provide a structure.

<h3>What is a Labor Union?</h3>

This refers to a group that protects the rights and interests of workers to have better working conditions and remunerations.

Hence, we can see that the importance of labor unions cannot be overemphasized as according to UPS management, they believe that one of the main advantages of C. The Union in a workplace is that it helps to provide a structure

Read more about labor unions here:

brainly.com/question/881501

7 0
2 years ago
Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year. At the end of th
FromTheMoon [43]

Answer: 4%

Explanation:

From the question, we are informed that Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year and that at the end of the year, retiree benefits paid by the trustee were $28 million and cash invested in the pension fund was $32 million.

Based on the above scenario, the percentage rate of return on plan assets goes thus:

Opening balance of plan assets 1200

Add:- Actual return = 48

Add:- contributions = 32

Less :- retiree benefits = -28

Closing balance of plan assets = 1252

It should be noted that the actual return is the balancing figure which is calculated as:

= 1252 + 28 - 1200 - 32

= 48

The percentage rate of return on plan assets will now be:

= 48/1200

=0.04

= 4%

4 0
3 years ago
Other questions:
  • The Felix Corp. will pay an annual dividend of $1.00 next year. The dividend will increase by 12 percent a year for the followin
    9·1 answer
  • Does barritt's ginger beer have alcohol in it
    14·1 answer
  • _____ refer to all of the opportunity costs of using resources that belong to the firm.
    11·1 answer
  • Your bank offers to pay you a 3% interest rate on a one-year fixed-deposit saving account. The inflation rate is expected to be
    8·1 answer
  • ______ refers to a set of unspoken guidelines that employees share in various work situations. Organizational theory Organizatio
    8·1 answer
  • When china's clothing industry expands, the increase in world supply lowers the world price of clothing. consider the effects th
    8·2 answers
  • . ________ pertains to a customer's perception of the benefits he or she received compared with the costs (inconvenience or loss
    7·1 answer
  • What are the objectives of the public sector?
    9·1 answer
  • HELP ASAP PLS!!! Complete the following sentence.
    6·1 answer
  • What type of corporation sells millions of shares and must furnish complete information about its earnings, assets, and debts
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!