There are different ways to make entry in a balance sheet. It is obvious that an error occurred in the preparation and/or posting of closing entries, if all balance sheet accounts have zero balances.
<h3>Should a balance sheet always have a zero balance?</h3>
Note that the sum of a company assets, liabilities and equity must always balance to zero.
For one to be able to have or generate a balance sheet report that is not equal zero, the balance sheet is said to be out of balance and this may create an error in the ledger transactions.
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Answers
1) Time
2) cost analysis or performance measurement.
Explanation
Earned value — it integrates cost, time and the work done (or scope) and can be used to forecast future performance and project completion dates and costs...
Answer:
To execute new strategy
Explanation:
Firms and organisations on a quarterly or yearly basis try to change their business strategies to improve revenues and to compete in the market. Overall, implementing a new strategy is complex and it is important to perform restructuring in order to effectively apply a strategy. A restructuring process helps to easily adopt a strategy without complexities.
Answer:
taxable amount = $10,000
Explanation:
given data
2 year ago fair market value = $30,000
fair market value = $40,000
sold the stock = $50,000
solution
we get here taxable amount when ESOP sold
so taxable amount = Selling price - fair market value on distribution date ...........1
put here value
taxable amount = $50000 - $40000
taxable amount = $10,000 long term capital gain
Answer:
The chips do nothing to protect against online payment card fraud, which depends on account numbers and passwords rather than the physical cards. As one security expert noted, computers and mobile devices don't have card readers attached.Explanation:
The chips do nothing to protect against online payment card fraud, which depends on account numbers and passwords rather than the physical cards. As one security expert noted, computers and mobile devices don't have card readers attached.
