If a company recorded an adjusting entry by debiting Interest Expense for $500 and Interest Payable for $50 in error, then the: Adjusted trial balance's debits side will not equal its credits side.
<h3>Adjusted trial balance</h3>
Based on the information given debiting Interest Expense for $500 was right and debiting Interest Payable for $50 was wrong.
Reason being that Interest expense is a debit entry because expenses are supposed to be debited while interest payable is a credit entry.
Based on this the adjusted trial balance's debits side will not equal its credits side.
Inconclusion If a company recorded an adjusting entry by debiting Interest Expense for $500 and Interest Payable for $50 in error, then the: Adjusted trial balance's debits side will not equal its credits side.
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Answer:
Exchanged-traded funds
Explanation:
Exchanged-traded funds are forms of investment that are usually traded on stock exchange the way other securities are traded, but they have an underlying asset.
Unlike mutual funds ETF are traded on the stock exchange at all periods of the day.
Assets held by ETF includes, shares, currencies, bonds, and commodities like gold and oil.
Value of trade is kept close to the net value of the underlying asset.
Answer:
Medicare will only cover a one-time “Welcome to Medicare” wellness visit.
Answer:
overdraft fees
not 100% sure, but hope that helps
Answer:
B- Encourages innovation because successful innovators are rewarded with economic profits.
Explanation:
The competitive market system is largely encouraging as it keeps firms and companies on their toes, encouraging fresh ideas and work plans, aimed at getting ahead of other competitors in the market.
When these competitive strategies birth successful innovations, economic profits are made by the innovators as there is an<em> increased customer base, increased effectiveness and increased customer satisfaction</em> by meeting needs through fresh ideas. This creates a <em>consequential rice in profits which is the major target of every profit making organization.</em>
