Answer:A. highest bid price and the lowest ask price
Explanation:the ask price is the lowest price a prospective seller is willing to accept, the bid price is the highest price that a prospective buyer is willing to pay for the security. The highest bid and lowest ask are quoted on most major exchanges, and the difference between the two prices is called the bid-ask spread
Answer: B. . The business address can be used for Customer Identification purposes and the account can be opened
Explanation:
From the question, we are told that a new customer wants to open an account at a firm and that when he was asked for his street address, he said that he will be moving soon to a different apartment complex and wants to use his business address.
Since the customer will be moving to a new apartment and therefore may not yet know his street address, the customer can use his business address for identification purpose. Therefore, the customer can open the account.
Answer:
A. Asset as cash will increase by $59,000, asset in equipment will increase $14,000
B. Asset side in increased and decreased
C. Asset and liability will increase by $11,000
D. Asset will increase
E. Asset will increase
F. Asset will increase and decrease by $5,800
G. Asset will decrease
H. Asset will increase
I. Liability will decrease
J. Asset and capital will decrease by $1,200
Explanation:
Accounting equation is Asset = Liabilities + Capital
Accounting equation is affected in business transaction. The transaction in business have different effects some transaction are like hybrid which impacts the multiple accounts balances. There are some transactions which just involve asset side transaction increase and decrease on the same account this will offset the balance and no effect on equation.
Answer:
$205,150 is the total of the both sides of the adjusted trial balance.
Worksheet with proper working has been attached.
Explanation:
<u>Transaction a:
</u>
Debit: Supplies expense $4,850
Credit: Supplies $4,850
<u>Transaction b:
</u>
Debit: Insurance expense $1,625
Credit: Prepaid insurance $1,625
Tip: Insurance that is expired is removed from prepaid insurance and debited to the insurance expense.
<u>Transaction c</u>
Debit: depreciation expense $1,400
Credit: accumulated depreciation $1,400
Answer: You've seen a 7-percent increase in online sales.
Explanation:
A 7-percent increase in online sales will iindicate that the user-generated content is getting a better response.
Option A is Incorrect as 3,000 users posting photos or videos doesn't indicate that there social media strategy used is working for the company.
Option B and C isn't correct as well. Option D shows that the social media strategy is having a positive impact as there's an increase in sales.