Answer:
Option "D" is the correct answer to the following question.
Explanation:
Investment in any country reduces due to an increase in the price level, because of that decrease in investment, the gross domestic product of that country also decreases.
Due to less production, the country is unable to export the goods.
Increasing the level of price increases the value of consumption goods, which in turn reduces the demand for consumption in the country.
In the states of texas, Andrea is not responsible to pay the inheritance tax as there are no applicability of inheritance tax in texas.
What do you mean by tax?
Tax is an obligatory payment made by the citizens or corporations to the government. These taxes are the major sources of revenue for the government.
As Andrea works as an accountant and lives in Texas, she is exempt from paying the inheritance taxes as this tax is repealed by the state.
Thus, Andrea is not responsible to pay inheritance tax.
Learn more about Tax here:
brainly.com/question/16423331
Answer:
The account "Warranty Liability":
is adjusted at the end of the year
It can be deduced that the post-closing trial balance is important as it verifies that:
- we prepared and posted closing entries correctly.
- the accounts are ready for next period's transactions.
<h3>What is a trial balance?</h3>
A trial balance simply means the bookkeeping where the balance of all the ledgers are compiled.
The post-closing trial balance is important as it verifies that we prepared and posted closing entries correctly and that the accounts are ready for next period's transactions.
Learn more about trial balance on:
brainly.com/question/24696035
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