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KatRina [158]
2 years ago
15

What is the main purpose of closing entries for revenues and expenses into Profit and Loss Summary? a. To determine the profit f

or period. b. To transfer the journalised entries to relevant ledger account. c. To check the accuracy of journal entries. d. To provide information of business ability to repay for the debt.
Mathematics
1 answer:
ANTONII [103]2 years ago
5 0

Answer:

A

Step-by-step explanation:

Revenues and expenses are closed every year so that the profit or loss can be determined for the yearly period.

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Kyle is making a frame for a rectangular piece of art. The length of the frame is 3 times the width, as shown below.
NeX [460]

Answer:

3.75 feet

Step-by-step explanation:

The length of the frame is 3 times the width.

Let the width be x.

The length will be 3x.

Kyle uses 10 feet of wood to make the frame. This means that the perimeter is 10 feet.

The perimeter of a rectangle is:

P = 2(L + W)

=> 10 = 2(3x + x)

=> 10/2 = 4x

5 = 4x

=> x = 5/4 = 1.25 feet

The width is 1.25 feet. The length is therefore:

1.25 * 3 = 3.75 feet

5 0
3 years ago
Please help me ASAP!!!! It is greatly appreciated!!! Will mark as Brainliest!!!!
Karo-lina-s [1.5K]

Answer: 5/4

Step-by-step explanation:

6 0
2 years ago
If you add 45.25 dollars into the bank but the bank accidentally subtracts 45.25 how much money does the bank owe you?
stira [4]
If the nank took 45.25 out of you account by accident they owe you that amount 45.25
8 0
2 years ago
1/4 carton of ice cream divided wvenly by 3
bixtya [17]

Answer:

Hello There!!

Step-by-step explanation:

You multiply the reciprocal which is 4 by 3 and that is 12.

Another method: 1/4 ÷3 (use KFC) so it is keep 3,flip the fraction so it is 4/1 them change the sign ÷ into multiplication so it is 3×4/1=12. Therefore,the answer is 12.

hope this helps,have a great day!!

~Pinky~

6 0
2 years ago
Read 2 more answers
Matthew walks 5/8 to the bus stop each morning. How far will he walk in 5 days?
fomenos
5 points not 10 but 5/8 each day 5 days=5 times 5/8=5/1 times 5/8=25/8=24/8+1/8=3+1/8=3 and 1/8 3 and 1/8 mile
8 0
3 years ago
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