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Shkiper50 [21]
2 years ago
15

Assist marketing objectives and help a company reach its goals.

Business
1 answer:
Alex17521 [72]2 years ago
4 0

Answer:

Marketing Strategies

Explanation:

edge

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The trial balance of Woods Company includes the following balance sheet accounts. Identify the accounts that might require adjus
White raven [17]

Answer:

Woods Company

Accounts Requiring Adjustment, Type of Adjusting Entry, and the Related Account:

 Account                         Type of Adjustment           Related Account

a) Account receivable  Accrued revenue              Service revenue

b) Prepaid insurance  Prepaid expense              Insurance expense

c) Equipment                   Not required                      Not required  

d) Accumulated depreciation Accrued expense       Depreciation expense

e) Notes Payable             Not required                      Not required

f) Interest Payable          Accrued expense              Interest expense

g) Unearned service revenue Unearned revenue Service revenue

Explanation:

End of period adjustments are made to accounts in order to bring them in line with the accrual concept and matching principle of accounting.  These principles require that expenses and revenues for the period are matched in order to determine the appropriate profit generated for the period.  The implication is that transactions are recorded when they are incurred and not when cash is exchanged.  For example, if rent expense is incurred for the year and payment is made in the following year, the expense must be recognized in the current year.  The same applies to revenue.

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List at least two tips for using credit wisely
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I believe it's the second one:

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What is the difference between the Medicare and Medicaid programs?
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<span>A. Medicare provides health care for older people, while Medicaid provides health care for people with low incomes.</span>
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the answer I believe is effort. any business owner has to contribute and keep track of sales and what to discount 2 keep business functional, and profitable..

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