1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jenyasd209 [6]
2 years ago
6

Which of the statements below is correct regarding the difference between a temporary account and a permanent account?

Business
1 answer:
alisha [4.7K]2 years ago
3 0

Answer:A temporary account will not appear on a post-closing trial balance.

Explanation:

You might be interested in
In preparing a company's statement of cash flows for the most recent year, the following information is available:
lesya [120]

Answer:

c. $139,000 of net cash used.

Explanation:

Investing Activities shows results from Purchase or Sales of Assets or Investments.

Cash flow from Investing Activities

Purchase of equipment                                  (150,000)

Proceeds from the sale of equipment            131,000

Purchase of land                                             (120,000)

Net Cash used by Investing Activities           (139,000)

Net cash flows from investing activities for the year were: ($139,000)

4 0
3 years ago
Gaulle Company began the year with a balance of $6,000 in Accounts Receivable and ended the year with $9,000 in the account. Rev
Mkey [24]

Answer:

$35,000

Explanation:

Data provided in the question:

Accounts Receivable at the start of the year = $6,000

Accounts Receivable at the end of the year = $9,000

Revenues for the period = $38,000

Now,

cash collected from the customers

= Beginning balance + Revenue for the year - Ending balance of account receivable

= $6,000 + $38,000 - $9,000

= $35,000

8 0
3 years ago
Intellectual property assets are
Ierofanga [76]
The answer would be C.
6 0
3 years ago
Read 2 more answers
John's boss asks for a recommendation for connecting the company network to a small satellite building about 1 km from the main
nikitadnepr [17]
<span>A typical married couple would probably be a. Gilbert would be for splitting the household chores on the basis of time spent on each task. However, it is a bit unusual to actually calculate the time it takes for each task. B. and c. doesn't make sense. D. is also valid, however.</span>
8 0
3 years ago
A market ______ growth strategy focuses on increasing sales of the firm's current products to its current target markets. multip
jeyben [28]

A market product growth strategy focuses on increasing sales of the firm's current products to its current target markets.

A product growth strategy increases sales looking all the prospects of the department rather than focus on only one department of the firm. It develops the firms production process in all aspects.

The strategy is made and planned according to the current market conditions to achieve its desired targets and get the maximum profit out of the production process that is taking place in the firm which in turn increase sales of the firm by increasing consumers demand.

To learn more about product growth strategy here,

brainly.com/question/13362867

#SPJ4

8 0
1 year ago
Other questions:
  • Primo Corporation acquired 60 percent of Secondo Corporation’s voting common stock. On the date of acquisition, Primo had equipm
    12·1 answer
  • Which of the following is true of good human relations?
    12·1 answer
  • Parking in passing require coordination of many different driving skills combined with a continuous blank come over here now bef
    13·1 answer
  • The 2003 iraqi war destroyed large amounts of capital. later, insurgent activity continued to destroy capital and created instab
    13·1 answer
  • How is a free-market economy different from a mixed economy?
    7·2 answers
  • Your company's board of directors expects you and your co-managers to achieve improved company performance outcomes that include
    9·1 answer
  • Credit Losses Based on Credit Sales Lewis Company uses the allowance method for recording its expected credit losses. It estimat
    12·1 answer
  • Saving money becomes easier if we do this first.
    8·1 answer
  • Identify the stage of the new product development based on the given scenario.
    15·2 answers
  • During the proofreading task of the completion stage of a business message, be sure to
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!