Answer:
Explanation:
We summarize the assets and liabilities in the classified balance sheet into various types Like assets are divided into fixed assets, current assets, and intangible assets.
Liabilities are likewise divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet which means
Total assets = Total liabilities + shareholder equity
So, the accounts which are appeared on the balance sheet are shown below:
1. Accounts Payable = Current liabilities
2. Accounts Receivable = Current assets
3. Andrew King, Capital = Stockholder equity
4. Cash = Current assets
5. Land = Fixed assets
6. Supplies = Current assets
7. Wages Payable = Current liabilities
All other are related to the income statement. Therefore, ignored it
I think it’s d. but im so sorry if im wrong!
Answer:
(E) that prices of gasoline and heating oil will stay higher than usual through
Explanation:
<h3>
Answer: D) increase in prices</h3>
An increase in prices will reduce demand, and not supply. You could have an increase in prices due to a shortage, but price increases could also be from a number of other factors, one of which is demand increasing.
Meanwhile, war, scarcity and extreme weather all are possible factors of a shortage. So we can cross choices A,B,C off the list.
