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lilavasa [31]
3 years ago
9

Which of the following errors, each considered individually, would cause the trial balance to be out of balance? A payment of $1

48 to a creditor was posted as a debit to Accounts Payable and a debit of $148 to Cash. A payment of $59 for supplies was posted as a debit of $95 to Supplies and a credit of $95 to Cash. Cash of $530 received from a customer on account was posted as a debit of $350 to Cash and as a credit of $350 to Accounts Payable. A transaction was not posted.
Business
1 answer:
alukav5142 [94]3 years ago
8 0

Answer:

A payment of $148 to a creditor was posted as a debit to Accounts Payable and a debit of $148 to Cash.

Explanation:

Even if the others are wrong, they by themselves wouldn´t cause the trial balance to be out of balance, because in the end they have similar of the same amount of money in debit and credit, the only one that would make the trial balance to be out of balance would be A payment of $148 to a creditor was posted as a debit to Accounts Payable and a debit of $148 to Cash.  because as you can see it has both transactions in the debit side, and when doing trail balances for every debit there is always a credit with the same amount.

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The shape of the AVC curve arises because of​ _______. A. constant returns B. increasing returns initially and eventually dimini
sergiy2304 [10]

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B. increasing returns initially and eventually diminishing returns.

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3 years ago
Assume that both portfolios A andB are well diversified, that E(rA) =12%, and E(rB) =9%.Assume the economy has only one risk fac
nata0808 [166]

Answer:

The risk free rate (Rf) is 28,2%

Explanation:

We will substituting the portfolio expected return (Er) and the betas of the portfolio in the expected return & beta relationship, that is:

E[r] = Rf + Beta * (Risk Premium)

On doing this we get 2 equations in which the risk free rate (Rf) and the risk premium [P] are not known to use:

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On solving first equation (of Portfolio A) for P(risk premium), we get:

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So, the risk free rate (Rf) is 28,2%

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