The accounts that appear on the post-closing trial balance are
(a) assets, liabilities, and o...
Business, 15.10.2019 05:30 meganwintergirl
The accounts that appear on the post-closing trial balance are
(a) assets, liabilities, and ownerâs capital.
(b) revenue, expenses, and ownerâs drawing.
(c) all accounts in the chart of accounts.
(d) all temporary accounts.
Answers: 1
Business, 21.06.2019 20:20
After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.
Answers: 1
Business, 22.06.2019 01:00
Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?
Answers: 2
Business, 22.06.2019 11:00
Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.
Answers: 2
Business, 22.06.2019 19:30
Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.
Answers: 2
Mathematics, 10.09.2020 02:01
Computers and Technology, 10.09.2020 02:01
Mathematics, 10.09.2020 02:01
English, 10.09.2020 02:01
Social Studies, 10.09.2020 02:01
Social Studies, 10.09.2020 02:01
History, 10.09.2020 02:01
Physics, 10.09.2020 02:01
Social Studies, 10.09.2020 02:01
Mathematics, 10.09.2020 02:01
Social Studies, 10.09.2020 02:01
Geography, 10.09.2020 02:01
Advanced Placement (AP), 10.09.2020 02:01