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jenyasd209 [6]
3 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]3 years ago
3 0

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

Explanation:

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the category of information system that is used to process business event data at the operational level of the organization is​
AfilCa [17]

The information system category that is used to carry out processing for business event data at the operation level is Transaction processing systems (TPS).

<h3>What is Transaction processing systems (TPS)?</h3>

Transaction processing systems (TPS) refers to a type of information system that businesses use to record their day to day activities at the operational level.

This system is therefore important because it ensures that a business keeps track of its event data.

Find out more on Transaction processing systems (TPS) at brainly.com/question/27506004

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4 0
2 years ago
Elyse broke up with her boyfriend after a fight. she has spent the last week repeatedly going over the fight in her mind, which
andrew-mc [135]
The appropriate response is rumination. It is the centered consideration around the manifestations of one's misery, and on its conceivable causes and results, instead of its answers. Both rumination and stress are related with uneasiness and other negative passionate states; be that as it may, its measures have not been bound together.
5 0
3 years ago
The cost of equipment purchased by Sheridan, Inc., on June 1, 2020, is $107,100. It is estimated that the machine will have a $6
NikAS [45]

Answer:

(a) Straight-line

depreciable value = $107,100 - $6,300 = $100,800

depreciation expense per year = $100,800 / 7 = $14,400

depreciation expense 2020 = $14,400

depreciation expense 2021 = $14,400

(b) Units-of-output

depreciable value = $107,100 - $6,300 = $100,800

depreciation expense per unit = $100,800 / 630,000 = $0.16

depreciation expense 2020 = $0.16 x 59,400 = $9,504

depreciation expense 2021 = $0.16 x 51,800 = $8,288

(c) Working hours

depreciable value = $107,100 - $6,300 = $100,800

depreciation expense per working hour = $100,800 / 50,400 = $2

depreciation expense 2020 = $2 x 6,480 = $12,960

depreciation expense 2021 = $2 x 5,940 = $11,880

(d) Sum-of-the-years' digits

depreciable value = $107,100 - $6,300 = $100,800

depreciation expense 2020 = $100,800 x 7/28 = $25,200

depreciation expense 2021 = $100,800 x 6/28 = $21,600

(e) Double-declining-balance (twice the straight-line rate)

depreciation expense 2020 = $100,800 x 2/7 = $28,800

depreciation expense 2021 = $72,000 x 2/7 = $20,571

6 0
3 years ago
What is the term for a statement that identifies the rights that an employer wishes to maintain for itself and often accompanies
insens350 [35]

Answer:

Disclaimer

Explanation:

A disclaimer is defined as a statement the defines the rights and obligations that can be enforced by various parties in a legal relationship like the one that exists between an employer and an employee.

Some disclaimers are aimed at maintaining rights for an employer often accompanies initial employment assessments.

For example an employer can specify that it has the right to lay off staff at any point in the employment based on a set.of conditions.

5 0
3 years ago
At a price for which quantity demanded exceeds quantity supplied, a __________ is experienced, which pushes the price __________
ss7ja [257]
<span>shortage, upward:
A shortage is experienced because the the goods are sold more rapidly than they can be re-stock. The price increases once the shortage happens to slow down the demand, enabling the quantity supplied to attend the quantity demanded.</span>
4 0
4 years ago
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