Which of the following statements below lists the rules of entering transactions into the accounting equation?

Answers

Answer 1

Answer:

where is the stuff its just the question

Explanation:

Answer 2

The assets should always match the total of the equity and liabilities, and the accounting equation needs to be in balance. Thus, option D is correct.

What are transactions?

A transaction can be defined as the process where money, product, services, or anything is being transferred from one person to another person.

Selling, buying, receivables, and reimbursements are major categories of monetary operations that have an effect on the firm business and its balance sheet

According to the accounting rules and regulations, it is said that there are two columns that are the assets and the liabilities and every transaction has at least two effects. Also if in the end, the asset, and liabilities side does not match then reconciliation needs to be made. Therefore, option D is the correct option.

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The question is incomplete, The option will be:

a. The accounting equation can be out of balance only when payment will be received at a future date.

b. An asset account and a liability account are always affected.

c. Transactions entered into the accounting equation must involve cash and an equity account.

d. The accounting equation must always remain in balance so that assets always equal the sum of liabilities and equity.


Related Questions

1. Jessica is going out of the office for a business trip. She would like her e-mail
account to automatically send out an "out of office" message when she receives
e-mails.

Answers

Answer:

that's nice, my teachers do that too on breaks

Explanation:

giving 80 points. Imagine that you are an economist whose job is to judge the impact of a new robotic assembly machine that is being widely adopted throughout the automotive industry. This new machinery has greatly increased the rate of new car production. However, it has also replaced many workers, leading to widespread job losses. In addition, although the supply of new cars may soon exceed demand, prices and profits have remained stable so far. In a brief paragraph, explain whether you would judge that this new technology has helped or hurt the overall economy. Be sure to clarify why you decided as you did. giving 80 points.

Answers

Answer:

I think it helped economy

Explanation:

I think Because If there will be facilitated car then there will be nice transportation and reserved visiting. Before looking my answer once you should look all information on internet too. I may be incorrect also.

An hourly employee works 40 regular hours during a pay period. His base pay
is $12 per hour. He receives no other payments. What is his gross pay for the
period?
A. $480
Ο Ο Ο
B. $440
C. $400
D. $520

Answers

C is the awnser :)!!!

Answer:

A. 480

Explanation:

gotchu

Which of the following are reasons a government would get involved in an economy? Select all that apply.

Answers

Answer:

All options apply

Explanation:

The government engages in economic activities as a regular and a provider of public goods and services. Public goods and services refer to products available for consumption by all members of society. They are offered by the government and financed through taxes. Public goods and services are offered for free or at a small fee.

Consumption of public goods do not deplete the quantity available for others to consumes. Examples of public goods and services include education, medical care, roads, bridges, policing, national security, and international relations.

Justin has hired someone to handle all of the financial issues for his small business. He hired a:

Answers

Accountant is the right answer hope this help

Answer:

accountant

Explanation:

I just took the quiz:)

Keys that are related by tonic are said to be _____.
diatonic
enharmonic
relative
parallel

Answers

Answer:

A) Diatonic

Explanation:

Hope that helps

Answer:

its parallel

Explanation:

Practicing the marketing concept can be described as all activities in the business are done keeping the customers
needs/wants in mind while ignoring company goals, true or false?

Answers

True I hope tho helps!

write the importance of WTO​

Answers

Answer:

In brief, the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.

Explanation:

this is the importance I think it could have.

It does this by implementing, regulating and operating trade agreements between countries, and provides a fair forum for trade negotiations between member countries, mediating on disputes as they arise. It aims to help with imports, exports and conducting trade fairly.


16. Demographics are

Answers

Answer:

statistical data relating to the population and particular groups within it.

Explanation:

!!

When tectonic plates collide, there may be-
F earthquakes and volcanoes
G very high mountains
H deep ocean trenches
J all of the above​

Answers

Answer:

When tectonic plates collide, there may be-

F earthquakes and volcanoes

G very high mountains

H deep ocean trenches

J all of the above​Explanation:

what is one of the reasons marketing is essential to the free market system A. it employs more people that any other career group. B. it helps educate consumers about competitive products. C. the sales of advertising makes television programming possible. D. it ensures that companies make healthy profit.

Answers

Answer:

B. it helps educate consumers about competitive products.

Explanation:

In the free-market economy, entrepreneurs have the freedom to start and operate any business of their preference. They are no restrictions on the number or type of business to establish. Due to this reason, business competition is very intense. Producers provide a variety of products and services that offer solutions to customers' problems.

Marketing becomes important as it informs consumers of the various goods and services available. It equips customers with the knowledge to enables them to choose between products.

two difference between purchasing shares on the stock market and saving in a commercial bank

Answers

The main difference between investment banking and commercial banking is that investment banking typically deals with purchasing and selling bonds and stocks for companies , and also helping them issue IPOs , while commercial banks primarily deal with deposits or loans for companies or individuals .

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Commercial banks accept deposits, make loans, protect assets, and serve a wide range of customers, including the general public and businesses. In contrast, investment banks serve large corporations and institutional investors.

What commercial bank means?

A commercial bank is a financial institution that accepts deposits from customers and provides loans and other services. Commercial banks offer basic banking services to their customers as well as small and medium-sized businesses.

One of the primary functions of an investment bank is to act as a go-between for corporations and investors via initial public offerings (IPOs). When a company decides to go public and seeks equity funding, investment banks offer underwriting services for new stock issues.

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Describe the difference between a debit card and a credit card. List an advantage and
disadvantage for each card.

Answers

Answer:

When using a debit card, the cost of your purchase will be deducted from your checking account in real time. On the other hand, when you use a credit card the amount will be charged to your line of credit. Which means you will pay the bill at a later time. An advantage of using a debit card is that you can avoid getting into debt or lower your chances. Since you are paying real time, this can help you stay under your budget. A disadvantage for using a debit card is that it doesn’t improve your credit score. For Credit cards, an advantage is that you will have more time to pay. This means that you have a grace period in which you can gather up money to pay. But, a big disadvantage of credit cards is that you can end up overspending. Now, you can avoid this by being smart but you never know. Since you have time to pay, you can end up overspending.

Explanation:

Answer:

When using a debit card, the cost of your purchase will be deducted from your checking account in real time. On the other hand, when you use a credit card the amount will be charged to your line of credit. Which means you will pay the bill at a later time. An advantage of using a debit card is that you can avoid getting into debt or lower your chances. Since you are paying real time, this can help you stay under your budget. A disadvantage for using a debit card is that it doesn’t improve your credit score. For Credit cards, an advantage is that you will have more time to pay. This means that you have a grace period in which you can gather up money to pay. But, a big disadvantage of credit cards is that you can end up overspending. Now, you can avoid this by being smart but you never know. Since you have time to pay, you can end up overspending.

Explanation:

In large hotels, who is responsible for the recruitment of reservations staff?
A.
the front office manager
B.
the general manager
C.
the human resources manager
D.
the reservations manager

Answers

Answer:

C. the human resources manager

Explanation:

In large organizations, employee recruitment is the function of the human resource manager. The Human resource manager is an expert in employee affairs and works closely with the other managers to hire the right workers for each position.

The human resource manager coordinates the recruitment process, starting with advertising for the position, shortlisting, conducting interviews, and appointing the best candidate.

Answer:

The human resources.

Explanation:

The human resource manager coordinates the recruitment process, starting with advertising for the position, shortlisting, conducting interviews, and appointing the best candidate.

how is revenue calculated from ticket sales

Answers

Answer:

Total revenue from ticket = Cost of one ticket x Total number of thing

Explanation:

Total revenue = Cost of one thing x Total number of thing

Assume

Cost of one ticket = A

Total number of thing = B

Total revenue from ticket = Cost of one ticket x Total number of thing

Total revenue from ticket = A x B

Total revenue from ticket = AB

18
Which of the following is a similarity between socialism and communism?
A both allow free market systems
B both allow freedom in work choices for the people
C bothhavelowtaxation policies
D both have strong involvement of the government

Answers

Answer:

D both have strong involvement of the government

Explanation:

Both socialism and communism are characterized by strong government participation in economic activities. The two systems advocates for public ownership of the factor of production. The government owns and controls the production and distribution of goods and services.

Socialists and communist market systems promote the greater good of society rather than individual benefits as in the free-market economies.

The application of scientific knowledge to the development and improvement of goods and services is generally referred to as ______. Multiple choice question. technology information production

Answers

Answer:

Technology.

Explanation:

As the definition is seen above, these qualities are directed towards technology. Technology has advanced produce and sales of goods and services a lot. It shows itself in fastening and making production easier. And also in different other forms that come as advertising, E-commerce, communication etc. Orders of certain goods are been sent thousands miles away from the producing country and are seen to be received safe and sound at the other end of the purchase country. Also adverts can be seen of a Chinese product in far away Africa through television commercials and also internet.

A coffee shop owner purchased roller blades to go to work (the coffee shop). Should it be included in the balance sheet and how?

Answers

This should not be included in the balance sheet. Unless it’s a case that the owner of the coffee shop took money from the business to purchase these roller blades. If that was so then this would be called drawings and it would be subtracted from the Capital plus Net profit for the year.

Capital + Net profit for the year - Drawings.

Rent is an example of a(n) _____.

a. fixed cost
b. opportunity cost
c. variable cost
d. none of the above
HURRY PLZZZZ FIRST ANSWER GETS BRAINLIEST

Answers

Answer:

a. fixed cost

Explanation:

Rent is always negotiated and stated in the tenancy or lease agreement. The lease or tenancy agreement is reviewed either annually or after every two years. The rent amounts remain the same until the time a tenancy agreement is reviewed.

Fixed costs are the business expenses that remain the same throughout the financial period.  A business has to incur fixed costs as long as the business is operational. The level of business activity or output does not affect fixed costs. Rent is a good example of fixed costs. A business has the pay the same amount of rent regardless of its production level.

Answer:

A

Explanation:

I just finished the test

What is the difference between marketing and merchandising? How do each of these concepts fulfill a different function in the business world? Explain and provide a real-world example of each.

Answers

Answer:

The difference between marketing and merchandising is that marketing is virtual, like it is an advertisement via the Internet, paper copies, etc. Meanwhile, merchandising is a in-person product advertisement, like a salesman showing a potential buyer a new car. These concepts fufill different functions in the business world, since marketing can reach more people, more easily, while merchandising can only reach a handful of people, but the people will be more likely to buy the product. An example of marketing would be a car company advertising a new model via the Internet. An example of merchandising would be a salesman showing a customer a new car model.

Explanation:

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I worked very hard on this!

Marketing is virtual like a car company advertising a new model via the internet while merchandising is an in-person product advertisement like a salesman showing a potential buyer a new car model.

What is marketing?

Marketing can be understood as the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services. It potentially includes things such as the selection of a target audience, the selection of certain attributes or themes to emphasize in advertising, the operation of advertising campaigns, and attendance at trade shows and public events.

It also includes the design of products and packaging attractive to buyers, defining the terms of sale, such as price, discounts, warranty, and return policy, product placement in media or with people believed to influence the buying habits of others, agreements with retailers, wholesale distributors, or resellers and attempts to create awareness of, loyalty to, and positive feelings about a brand.

Marketing is typically done by the seller, typically a retailer or manufacturer.

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2. A flexible tape with different type of measurements essential for taking
body measurements.
a. ruler
b. yard stick
c. hem gauge
d. tape measure​

Answers

I believe the answer is d. Tape measure.

Hope this helps! ^^

Which type of advertising does a business use to enhance its image in the market and society?

Through (BLANK) advertising, businesses try to enhance their reputation in the market as well as society.

Answers

Answer:

Public relations

Explanation:

Public relations are the efforts of a company to create good relations between itself and society. It uses the media to relay positive messages about the company to society. Public relations is about creating a goods reputation for the company in the eyes of the community.

In public relations, a company engages in activities that promotes its image in society. It may sponsor sports events,  engage in charity work, or partner with the community in other social activities. When such activities are highlighted in the media, they create a good reputation for the company.

Answer:

Public relations

Explanation:

Bitcoin is worth it?

Answers

You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.

Does anyone’s else’s teacher do this and does not let you complete the test-

Answers

No and it’s not your teacher who does that it’s your parents they have control over your internet but if your at school and it’s because your on a website that is blocked

What are some consequences of not helping your team with a project? (Take your time)

Answers

Answer:

F maybe umm ion know just not good so help ur team

Explanation:

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1. You lose points

2. The full potential of the team is not met because one person did not contribute.

3. You seem unreliable.

Hope this helped you!

Select the correct answer.
Job opportunities for dietitians are expected to grow this decade.
A. True
B. False

Answers

The answer is "A" aka true.

Making Decisions It is Friday, Homecoming, and the big game with a rival school is tonight. You have an after-school job, and you have been saving for the big event for the past month. BUT, you had to purchase two new tires for your car; and now you only have $40 to spend. You need to get gas, pay to get into the game, and you had planned to take your date out to eat after the game before you go the Homecoming dance. Answer each question in complete sentences using proper grammar and punctuation: 1. Do you have enough money to do all that you had planned? 2. If gas costs $3.00 per gallon, what factors will determine how much gas you purchase? 3. We will assume that you and your date will get into the game for free since you are students. Will you have enough to take your date to dinner after the game, once you purchase gas for your car? 4. Would you be better off to cancel the whole night's plans? Justify your answer...tell why you made your choice.​

Answers

Answer:

1. No

2.If you are on a budget it depends if you want to purchase $50 or another amount, while if you want to fill up the gas tank it depends on the cars' capacity. Some cars can take up to 11 gallons of gas, so if wanting to fill up the tank you would need to spend $33.

3. no because i will have 6 dollars left.

4. yes and chill at home with my date, im  sure he/she will understand unless they will help pay for it or ask parents.

JUSTIFYING ANSWER= i choose to be this way because first off i would save my money once i even found about homecoming.

Explanation:

You are trying to decide how to increase the amount you save. What could you do?
• When you get a pay raise, save the increase from each paycheck
• Each day drop your change in a jar and deposit it when the jar is full
. When you get a pay raise, save a portion of the raise from each paycheck
• Save any extra money that comes in such as birthday gifts or bonuses from work.
• Save any money that is left over at the end of each pay period.

Answers

Answer:

I would say All of the Above

Explanation:

Saving money can be done in many ways, in many styles. I hope this helps

Please help. I’m struggling.. I will mark you as brainliest !!

When comparing the various relationships between the government and businesses in market
and command economies, how might a mixed economy best address the needs of every
individual?

Answers

mixed economy makes decisions based on the people and the government. It’s good for the people because depending on the supply and demand of certain products the government can produce and ship more of that product for the people who need/want it. Where there’s high demand, there’s money made.
hope this helped !

I need some help. Need to know if cali is a good place to live. And if crime rate is dropping.

OH and I need facts AND opinions. THX

Answers

Cali is a good place to live. Especially in the good parts. I know LA sounds expensive but it’s worth it. LA is incredibly safe and beautiful
Other Questions
?????????????????????? Use the following definition of absolute value to prove the given statements: If x is a real number, then the absolute value of x , | x | , is defined by: | x | = { x if x 0 x if x < 0 For any real number x , | x | 0 . Moreover, | x | = 0 implies x = 0 . For any two real numbers x and y , | x | | y | = | x y | . For any two real numbers x and y , | x + y | | x | + | y | . A plane started on the ground at ground level near the ocean. Upon taking off it climbed 9000 meters and leveled off. At the same time a submarine left from the same shoreline. It dove 250 meters down into the ocean. How many meters are there between the plane and the submarine.Integers Tu et moiA-vousB-tuC-ilsD-nous List the following compounds in order of increasing reactivity in an SN2 reaction. A. 2-Bromo-2-methylbutane, 1-Bromopentane, 2-BromopentaneB. 1-Bromo-3-methylbutane, 2-Bromo-2-methylbutane, 2-Bromo-3-methylbutaneC. 1-Bromobutane, 1-Bromo-2,2-dimethylpropane, 1-Bromo-2-methylbutane, 1-Bromo-3-methylbutane Which of these pairs of atoms are isotpoes? (Physical Science) Pair A Pair B Pair C # protons 6 8 5 2 12 12 # neutrons 8 8 5 3 13 14 Which two factors decrease as the kinetic energy of the particles in an object decreases? aThe object's weight. bThe object's temperature. cThe speed of the particles. dThe size of the particles. Name the six nutrients you learned about in this course. (This is a taxonomy worksheet.)In the introduction, the term "evolutionary innovation" was used. What does this mean? Sandy has the numbers 1 to 15 in a box. She randomly chooses one number, and without replacing it, chooses another number from the box. What is the probability that Sandy will choose 2 prime numbers? A.2/15B.1/7C.2/5D.1/2 I will give brainliest to whoever helps, I really need this. pls pls help! thanks!! What did the declining demand for cotton lead to?A) It made finding work in the textile industry difficultB)It forced mill workers to become farmersC)It fueled other types of industriesD) It created more jobs for farmers in urban areas What was a consequence of each of these treaties and agreements??A) The United States gained additional territoryB) The United States join the free-trade zoneC) The United States became part of a military allianceD) The United States ended a war with a neighbor Im seriously crushing on you. Im deeply in love with you girl. Will you give me a chance to prove my love? And youll have your best days forever. Happy Valentines Day crush girl. Identify factors that contribute to either active or passive cultural diffusion. You and a friend go to the local taco joint for lunch. You order three tacos and three burritos and your bill totals $11.25. Your friend's bill is $10.00 for 2 burritos and 4 tacos. Which system of equations can be used to determine the cost of b, a single burrito, and t, a single taco? A. 3t + 3b = 10 2t + 4b = 11.25 B. 3t+ 3b = 11.25 2t + 4b = 10 C. 3t+ 3b = 10 4t + 2b = 11.25D. 3t + 3b = 11.25 4t + 2b = 10 Factor out the GCF from 40x2 10x 2.) Which of the following wordsmost nearly means "subjugate?a. ) freeb.) liberatec.) crushd.) conquer Plsssssssss Help!!!!!!!! In the graph shown, at what value of X does the value of Y change from increasing to decreasing or decreasing to increasing? What type of weather typically results from a low pressure system? I need help!!!!