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ohaa [14]
3 years ago
14

Match each type of adjusting entry with its definition.

Business
1 answer:
NeTakaya3 years ago
8 0

Answer and Explanation:

The matching is as follows:

1. Deferred revenue - the cash would be received in the present period and the same would be reported as a revenue for the future period

2. Accrued expense - It would be recorded as an expense for a present period but the cash would be paid in the future

3. Prepaid expense - The cash is paid or the obligation is to the pay the cash in the present period but the expense would be recorded in the future period

4. Accrued revenue - the revenue is recorded in the present period but the cash would be collected in a future period

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3. Which answer best shows all of the
kogti [31]

Answer:

liquidity, risk, time, and return

Explanation:

For choosing an investment, following things need to be considered

1. Liquidity : It means how the asset is converted into cash it shows the how an asset purchased or sold in the market without varies in the price

2. Risk: It is a possibility where it can be less than the predicted gain or the loss instead of profit

3. Time: How much time is required to have a profit

4 Return: The amount which you have invested in return how much it comes.

It could be measured by dividing the net profit from the net worth

Therefore the above is the answer

7 0
3 years ago
Read 2 more answers
Griffin's Goat Farm, Inc., has sales of $796,000, costs of $327,000, depreciation expense of $42,000, interest expense of $34,00
mote1985 [20]

Answer:

The correct answer is $310,470.

Explanation:

According to the scenario, the computation of the given data are as follows:

First we calculate gross profit:

Gross profit = Sales - Cost of Goods Sold = $796,000 - $327,000 = $469,000

Now, Earnings Before Tax = Gross profit - Depreciation - Interest

= $469,000 - $42,000 - $34,000 = $393,000

So, Net income = Earnings Before Tax - Tax percent on EBT

= $393,000 - 21% × $393,000

= $393,000 - $82,530

= $310,470

6 0
3 years ago
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Craig applies for a job at dispatch transportation, inc., for which he is well qualified. he passes a test to determine which ap
belka [17]
To support the claim, in which suit against dispatch under title vii of the civil rights act, claiming discrimination, Craig must show that he is a member of a majority group.
<span>This is because of the fact that these laws generally prohibit all forms of discrimination based on protected characteristics, including those against members of a majority group.</span>
3 0
3 years ago
The federal government or private associations might fund________to help an entrepreneur finance a new business.
Mice21 [21]
I’m positive it’s a loan
3 0
3 years ago
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A family with 45000 in asserts and 22000 of liabilities would have a net worth of?
-Dominant- [34]

The answer would be B, $23,000.

8 0
4 years ago
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