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IgorLugansk [536]
2 years ago
8

List 3 features of the trial balance

Business
1 answer:
solniwko [45]2 years ago
5 0

Answer:

ur mom ur dad and........STEP BRO

Explanation:

It is a summary of debit and credit balances which are extracted from various ledger accounts.

It is a summary of debit and credit balances.

The motive behind the preparation of Trial balance is to establish arithmetical accuracy of the transactions recorded in the Books of Accounts.

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Select the examples that best demonstrate likely tasks for Science and Math workers.
Kazeer [188]
A, B, and C would best demonstrate the tasks.
7 0
3 years ago
The efficient frontier of risky assets is
Ivenika [448]

Answer:

A. the portion of the investment opportunity set that lies above the global minimum variance portfolio.

Explanation:

The Efficient frontier refers to the portfolios set that involves that expected return whose return is high at the level of minimum risk so the asset that contains the high risk profile that investment opportunity set portion should be above the variance portfolio i.e. minimum globally

Therefore the correct option is a.

8 0
3 years ago
When the amount of revenue collected in advance decreases during an accounting period:(A) Accrual-basis revenues exceed cash col
otez555 [7]

Answer:

The correct answer is letter "A": Accrual-basis revenues exceed cash collections from customers.

Explanation:

Revenue collected in advance are profits collected usually at the beginning of a contractual agreement that implies obligations from the firm for a certain time. For instance, insurance companies charging a one-time payment for an annual policy fall into this category.

The accrual basis of accounting states that profits are reported on the income statement as they are earned. In that case, if the revenue collected in advance decreases, the accrual-basis revenues will be higher than the cash collections from customers under the advanced payment method.

5 0
3 years ago
Suppose there are only two types of goods to consume: food and leisure. An average Californian citizen has a daily income of $10
Juliette [100K]

Answer:

Californian citizen

Explanation:

For a Californian citizen, the maximum number of meals and units of leisure they could possibly acquire per day are:

M_C = \frac{\$100}{\$20} =5\\L_C = \frac{\$100}{\$10} =10

For a Mississippi citizen, the maximum number of meals and units of leisure they could possibly acquire per day are:

M_M = \frac{\$50}{\$10} =5\\L_M = \frac{\$50}{\$10} =5

Both citizens can acquire the same number of meals, but the Californian citizen can acquire twice as many units of leisure than the Mississippi citizen. Therefore, the Californian citizen is more well-off in terms of the bundles of goods they can consume.

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4 years ago
What's attribution? A-the decision whether works are public domain B-finding New customers online using social media C-Giving cr
kati45 [8]

Answer:

B. finding new customers online using social media

3 0
3 years ago
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