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.
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Greatings,
First advantage is that you are not lonely :)
Second advantage is if something goes wrong it can be someone else mistake.
Third advantage is that team members do together research and each member pin most significant results.
Forth advantage is that when working in team new ideas and routes to solutions emerge faster and better.
Fifth advantage is you can get in argument and see that you are not smartest person in universe.
Answer: Benchmarking
Explanation: what she has done by research other industry's policies on vacation is known as benchmarking. This is a process of measuring the performance of a firm's products, services, policies or processes against those of another business that is perceived to be the best in the industry. Its purpose is to help organizations adopt best practices and also to identify internal opportunities that could be improved upon.
Answer: the correct answer is d. transaction-risk scoring software.
Explanation: The additional security option, used for credit card transactions, that keeps track of a customer’s historical shopping patterns and notes deviations from the norm is <u>transaction-risk scoring software.</u>
Answer:
D), $8,574
Explanation:
The computation of the depreciation on the machine is shown below:
= Acquired value of the machine × depreciation rate for the first year
= $60,000 × 14.29%
= $8,574
Simply we multiplied the acquired value of the machine with the depreciation rate for first-year so that the correct amount of depreciation can come
