Answer:
Record internal transactions and events.
Explanation:
The adjusting entries are passed so that the financial statement represents the true and fair view
Plus if any change made of the business transaction during the year the same is to be adjusted by passing the journal entries
The examples of adjusting entries are outstanding expenses, prepaid expenses, etc
Moreover, it records the company events and transaction i,e to be internal
Answer:
10 times 4 equals=40 per month times 12 equals 480 a year times 5 years =2400 times. 10=240 2400+240=2640.00
Answer:
Have a growth mindset, practice discipline, learn to follow other, set situational awareness
If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable is TRUE.
Revenue raising statutes. these are licensing statutes enacted to elevate money for the government. unlicensed persons can put in force contracts and recover for rendering services.
Specialists to gain a license, authorities has some say over who can carry out which jobs as well as how many people can perform those jobs. 2. the second main purpose of licensing statutes is extra intently related to the general public interest.
Business licenses preserve corporations accountable for their sports and conduct and guard the general public's fitness and safety. professional licenses imply the quantity of competence and know-how that a specific professional possesses.
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