Answer:
needed to bring accounts up to date and match revenue and expense
Explanation:
The adjusting entries are the entries that are recorded to adjust the balance of the accounts. Its motive to match and equate the revenue and expenses accounts. It is to be recorded before the financial statements closed
It also follows the matching principle in which the revenues of the period should be matched with the expenses of that period.
Like: accrued expenses, accrued revenues, etc
I think you forgot to give the options in this question. based on my research and knowledge, i will answer this question and hope that it comes to your help. Stocks are one of the devices that imparts ownership in a corporation. If a person has more than 51% of the stocks of any company in his or her name, then he or she would be the major share holder and decision maker of the company.
To strengthen the Articles of Confederation
Answer:
Takings Clause
Explanation:
The takings clause stated that the Government cannot acquire ownership toward a privately held properties without giving the original owner with proper compensation for that properties.
This can be seen in the example above.
The government wanted to acquire land which owned by Bill. If the government want to use its legal power to take it, the takings clause required the government to convert the land to its current market value and provide compensation with that amount as a minimum to the original owner (in this case, Bill)
Answer:
Disequilibrium
Explanation:
Disequelibirum is a situation when a cognitive imbalance occurred because we obtain a new set of information that contradicts a pre-existing thought structure that we believed in.
This can explain the behavior that adolescents do when they 'rebeled' to their parents. Before entering adolescents age, we obtain our sense of belief, value, or principles only from the teachings of our parents.
But after we entered adolescents age, we started to obtain a new information about belief, value , or principles from other people in our social group. Often times, this new information will contradict the teaching that the parents thought us. This is what causing the poorer relationship quality between adolescents and the parents.