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Leona [35]
3 years ago
8

A list of all the accounts from the ledger with their ending balances is called a what?

Business
2 answers:
mel-nik [20]3 years ago
7 0
<span>Trial balance, Ofcourse !</span>
mr Goodwill [35]3 years ago
3 0

A list of all the accounts from the ledger with their ending balances is called a "trial balance".


A trial balance is a rundown and aggregate of all the debit and credit accounts for an entity for a given period – for the most part a month. The configuration of the trial balance is a two-segment plan with all the charge adjusts recorded in one segment and all the credit adjusts recorded in the other. The trial balance is set up after every one of the exchanges for the period have been journalized and presented on the General Ledger.


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5 0
2 years ago
Category Billions of Dollars Consumption 200 Depreciation 20 Retained earnings 12 Gross investment 30 Imports 50 Exports 40 Net
vagabundo [1.1K]

Answer:

GDP =  280 billion

Net investment = 10 billion

National income = 270 billion

Explanation:

given data

Consumption = 200

Depreciation = 20

Retained earnings = 12

Gross investment = 30

Imports = 50

Exports = 40

Net foreign factor income = 10

Government purchases = 60

solution

we get here GDP that is express as

GDP = Consumption + Gross investment + Government purchases + Net exports     ...................1

Net exports  = ( Exports - Imports)

so put here value

GDP = 200 + 30 + 60 + 40 - 50

GDP =  280 billion

and

Net investment will be as

Net investment = Gross investment - Depreciation    ...............2

Net investment = 30 -20

Net investment = 10 billion

and

National income = GDP - Depreciation + Net foreign factor income    ............3

National income = 280 - 20 + 10  

National income = 270 billion

7 0
3 years ago
A ____________ gap between GDP and NDP indicates an increasing obsolescence/depreciation of capital goods..
Tatiana [17]

Answer:

Explanation:

GDP is gross domestic product and NDP is net domestic product.

GDP measures market value of total goods and services produced in a particular period of time.

NDP is net domestic product  . In its calculation,  we deduct the value of depreciation of capital goods produced from the value of GDP.

So

NDP = GDP - depreciation .

So growing gap between GDP and NDP reflects the increasing obsolescence of capital goods , which warrants replacement of capital goods .

OPTION A is correct.

5 0
3 years ago
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