In the Trial Balance:
a. Total of both debit and credit should be equal.
b. Total of debit side can be greater than credit side.
c. Total of debit side will be less than credit side.
d. Total of debit side and credit can be different.

Correct answers will be mark as brainliest
Don't answer if you don't know

Answers

Answer 1

Answer:

Option A

Explanation:

Debit is for increasing expenses and assets Where as credit decreases them.

As per Newtons third law every action has a equal and opposite reaction

So every debit have a equal credit in trial balance.

Opt A is correct


Related Questions

what is the definition of conformance

Answers

in my own words, i’d say conformance means people following and complying with rules, standards, and laws.

hope this helps :)

1. One advantage to mass production is?


Answers

Following are the advantages of Mass Production:-Increased productivityUniformityLower costHigher quality of lifeFaster productionSafer medicineLess errorJob specialtiesIncreased worker safetyRapid evolution

I a carry trade you borrow in low interest rate currencies and invest in high interest rate currencies. Returns are exclusively due to appreciation of the high interest rate currencies. True or false

Answers

If you engage in a carry trade and borrow and invest based on the interest rates of currencies, returns are based on the difference in rates so this is FALSE.

What does a Carry trade involve?

A carry trade involves borrowing in a currency where the interest rates are low and then investing in a place where the rate is high.

The returns/ profits come from the difference in interest rates because you would be borrowing at a low rate and gaining returns at a high rate.

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Match each term in Column A with its definition in Column B.
(Column A) 1. favorable balance of trade 2. tariff 3. subsidy 4. customs inspection 5. “infant” industry 6. quota 7. foreign-currency controls. (Column B) a limit on the total amount or value of a
product that may be imported
b. limits on the amount of another nation's
money that an importer may buy to
purchase imports
c. an excess of exports over imports
d. an investigation to determine if goods entering the country are legal and if they are
subject to a tariff
e. a tax on imports
f. an industry that is in the early stages of de-
velopment in a country
g. a government payment to support an individual, a firm, or an industry.

Answers

Matching of items implies that one is merging or connecting or aligning items that share things or meanings in common together for a significant alignment. Read below about these matching.

What are the correct matching of these items?

The correct matching of these items are as given below;

Favorable balance of trade: an excess of exports over importsTariff: a tax on importsSubsidy: a government payment to support an individual, a firm, or an industry.Customs inspection: an investigation to determine if goods entering the country are legal and if they are subject to a tariff“Infant” industry: an industry that is in the early stages of development in a countryQuota: a limit on the total amount or value of a product that may be importedForeign-currency controls: limits on the amount of another nation's money that an importer may buy to purchase imports.

Therefore, the above matching is the correct matching of items.

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When you get an item you want, there is always something you lose (such as
money). What you LOSE is called what?

Answers

Answer:

Opportunity Cost

Explanation:

Defined as the loss of potential gain from other alternatives when one alternative is chosen.

During April , Cavy Company incurred factory overhead as follows : Indirect materials $11,300 Factory supervision labor 4,000 Utilities 460 Depreciation (factory )660 Small tools 330 Equipment rental 790 Journalize the entry to record the factory overhead incurred during AprilIf an amount box does not require an entry, leave it blank

Answers

Answer:

Date            Account Title                                       Debit          CreditApril             Factory Overhead                           $16,720                    Indirect materials                                                    $10,500                    Wages payable                                                       $4,000                     Utilities payable                                                     $  500                    Accumulated Depreciation                                    $  620                    Small tools                                                               $ 370                     Equipment rental                                                   $ 730

PLS HELP!!!
Teachers are probably not the favorite of the people they arrest and imprison, so being able to handle the negativity thrown at them on a daily basis is important.
A. True
B. False

Answers

False I believe , you shouldn’t have negativity thrown at you just because of your occupation

Answer:

False.

Explanation:

I took the career test (answer proof!!)

Question 13:

(screenshot)

your welcome :3

Dont have a good day, have a great day!! ^-^

Economics* IMPORTANT
What will most likely happen if Karla pays off her car loan early?
A. her credit score will increase
B. her interest rate will go up
C. her credit score will decrease
D. her credit score will stay the same

Answers

Answer:

It can actually hurt your credit score because open positive accounts can have a greater impact than closed ones.

What is the basic purpose of financial accounting ?

Answers

Answer:

The basic purpose of financial accounting is to allow third parties to assess the value of a company ORto prepare financial reports that provide information about a firm's performance to external parties such as investors, creditors, and tax authorities.

Please answer quickly will mark BRAINLIST

Answers

Answer:

Sorry if I get this wrong, but I believe it is A. Like I said, sorry if I got it wrong

Answer:

I also think its option A.

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. $440
B. $400
C. $520
D. $480

Answers

Answer:

D

Explanation:

A company receives $10,000 in cash for services yet to be performed. Using the accrual method, what's the correct entry to record the transaction? (A) Debit cash $10,000, credit accounts receivable $10,000 (B) Debit cash $10,000, credit sales revenue$1 0,000 (C) Debit sales revenue $10,000, credit cash $10,000 (D) Debit cash $10,000, credit unearned revenue $10,000 (E) Debit cash $10,000, credit accounts payable $10,000

Answers

Answer:

credit accounts receivable $10,000 (B)

The correct entry to record the transaction is (D) Debit cash $10,000, credit unearned revenue $10,000.

What is the accrual method of recording transactions?

With the accrual method, transactions, that is revenue or expenses, are recorded when they occur not when payment is received or made.

The accrual method follows the matching principle.  The matching principle requires that expenses are matched to the revenue that they generate.

Thus, the correct entry to record the transaction, where a company receives $10,000 in cash for services yet to be performed, is (D) Debit cash $10,000, credit unearned revenue $10,000.

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18) Sum, Average, and Count are examples of ________.


A. categorical statistics


B. reporting criteria


C. summary calculations


D. summary statistics

Answers

Answer:

Summary calculation

Explanation:

The end of summary calculation refers to summary statisticsBut here we have to calculate things like sum ,mean, average etc.

Option C is correct

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The end of summary calculation refers to summary statisticsBut here we have to calculate things like sum ,mean, average etc.

Which of the following is not a goal of the promotion mix? ​

Answers

Strategic positioning is not a goal of the promotion mix. As strategic, position is not involved in the promotional mix. Promotional mix is related  to the selling and promotion.

What is promotional mix?

Promotional mix is the different combination of the methods of marketing and promotions. It has different features from which a person can promote their business.

Advertising, Public relations or publicity, Sales promotion, Direct marketing and Personal selling are the five elements of the promotional mix.

Thus, it is strategic positioning.

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Once you have this, you can most likely begin creating your slide presentation.

A. An outline of the material you want to cover in your slide presentation.

B. The date and location of your slide presentation.

C. The best colors and size to use for your fonts.

D. A good collection of images

Answers

Answer:

A. An outline of material you want to cover in your slide presentation.

Answer:

A.

Explanation:

PLEASE ANSWER FAST
Only certain employers are required to create a safe workplace, give safe tools and equipment to workers, maintain those tools, warn employees of any potential dangers, and create safety training and procedures.

A. True
B. False

Answers

False. All employers have to do that

In stock market investing, there is no guarantee of a financial return.

A. True
B. False

Answers

the answer is B. false

The following are the transactions of Spotlighter, Incorporated, for the month of January. a. Borrowed $4,390 from a local bank on a note due in six months. b. Received $5,080 cash from investors and issued common stock to them. c. Purchased $1,900 in equipment, paying $650 cash and promising the rest on a note due in one year. d. Paid $750 cash for supplies. e. Bought and received $1,150 of supplies on account.

Answers

Answer:

https://brainly.com/question/13288472

a.

(A) Cash +4,940

(L) Notes payable (short-term) +4,940

b.

(A) Cash +5,630

(S) Common Stock +5,630

c.

(A) Cash -1,200

(A) Equipment +3,000

(L) Notes payable (short-term) +1,800

d.

(A) Cash -1,300

(A) Supplies +1,300

e.

(A) Supplies +1,700

(L) Accounts payable +1,700

Explanation:

(A) = Assets  

(L) = Liabilities

(S) = Stockholders' Equity

(A) = (L) + (S)

Transaction a.

(A) Cash +4,940

(L) Notes payable (short-term) +4,940

Transaction b.

(A) Cash +5,630

(S) Common Stock +5,630

Transaction c.

(A) Cash -1,200

(A) Equipment +3,000

(L) Notes payable (short-term) +1,800

Transaction d.

(A) Cash -1,300

(A) Supplies +1,300

Transaction e.

(A) Supplies +1,700

(L) Accounts payable +1,700

Explain the difference between what health insurance covers and what long term disability insurance covers

Answers

Answer:

In essence, health insurance benefits enable employees to seek needed medical care. Disability insurance replaces a portion of employee income when they can't work because of an illness or disability. For the most part, disability insurance will not replace all of someone's income.

Explanation:

The Long term disability insurance protects you during lengthy of disability when you’re unable to work (for example, if you are injured.) It is sometimes described as income replacement insurance, as it will pay you a monthly amount that replaces your regular paycheck while you are not working.

To make insurance more affordable and protect the insurance company from paying out too much in claims, insurers will pay an insurance premium.

These Insurance premiums are paid to cover for healthcare, automobiles, home, life etc. Insurance companies earn this premium but also represents a liability from which they are able to pay for claims made against insurance policies.

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May someone pls help and fast???

Answers

Answer:

Its the SAT (Scholastic Aptitude Test)

And for Tamara, she should ask Ben politely to lower his voice

Sally is explaining what a career ladder is to her friend. . How could she BEST explain a career ladder?

A.
It emphasizes that it’s a long, hard climb to succeed in any career.

B.
It compares positions to the rungs of a ladder that can be climbed to reach a goal.

C.
It means that the right tool makes it easier to advance in an academic or career plan.

D.
It reminds people not to settle for jobs that don’t match their interests or goals.

Answers

A career ladder can be best explained as a process where the position top the rungs of a ladder that can be climbed to reach someone's career goals.

What is a career ladder?

A career ladder can be explained as a progress or promotions that a person makes while gaining skills and experiences in their workplace, which leads to their promotion in the organization.

Hence, option B is the best explanation of a career ladder.

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Carla vista co. received proceeds of 5585020 on a 10-year, 8% bonds issued on January 1, 2019. The bonds had a face value of 530000, pay interest annually on December 31, an have a call price of 104. Carla vista uses the straight-line method of amortization. What is the carrying value of the bonds on December 31, 2021

Answers

The bond's carrying value was $489,560 when Carla Vista Company received proceeds of $55,85,020 on a 10-year, 8% bond issued on January 1, 2019.

What is amortization?

Amortization is the process of repaying a debt in equal installments over a period of time.

A portion of each payment is applied to the loan principal, while the remainder is applied to interest.

Computation of Carrying value of Bond:

According to the information given in the case,

First, the premium amount must be computed. This sum is calculated as follows:

Premium Amount = Face value of Bond – Proceeds received

Premium Amount = $530,000 – $558,5020

Premium Amount = -$505,5020

Now it's time to figure out the annual amortization value, which may be done by doing the following:

Annual amortization = Premium Amount/Time period

Annual amortization = -$505,5020/10

Annual amortization = -$505,502

Then, the carrying value of the bond will be:

Carrying value of bond = face value – unamortized discount

Carrying value of bond = $530,000- (-$505,502×8%)

Carrying value of bond = $489,560

Therefore, the carrying value of the bond is $489,560.

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Medicare is a national health insurance program that _____.

Answers

[tex]\normalsize\blue{\overline{\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad \ \ \ }} [/tex]

Medicare is a national health insurance program that help poor people that cannot afford their health insurance or medicines.

The answer is ( insures American’s poorest people)

differentiate between bad debt and doubtful debt​

Answers

answer and explanation :

A bad debt is a specifically-identified account receivable that will not be paid and so should be written off at once, while a doubtful debt is one that may become a bad debt in the future and which it may be necessary to create an allowance for doubtful accounts.

If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in its net worth of?

Answers

The duration gap is calculated by subtracting the duration of the liabilities from the duration of the activity of the financial entities. Thus, in this case, the net worth of  1.8 percent of its assets.

What do you mean by Duration Gap?

Duration Gap refers to the term used by funds, banks, pensions, or many financial institutions to estimate the risk because of changed interest rates.

Also, if we have a negative duration gap means that the market value of equity will increase when interest rates rise.

Thus, in this case, If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in its net worth of 1.8 percent of its assets.

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When several large sellers have some control over the prices, this is called _____.

A. perfect competition

B. a monopoly

C. an oligopoly

D. monopolistic competition

Answers

Answer:

C

Explanation:

Oligonpoly

why family members left their family business and start their own business

Answers

To become a self made person, this is because sometimes you want to prove people that even if your family is successful, you can be successful on your own too. I hope this makes sense.

If a customer buys good or services amounting to R3 000 from a business that uses only traditional cash registers, would a cash slip be appropriate as a source document? What would distinguish this document from a full tax invoice?​

Answers

Answer:

yes

Explanation:

because source document serve as proof of a transaction having occurred

How much does it cost to manufacture a normal pair of goggles?

Answers

Answer:

For basic, single lenses, it's $113. That means the total will run you on average about $351 for a complete pair of glasses.

Explanation:

In title theory states what clause is unique to the mortgage?

Answers

Answer:

Since a defeasance clause conveys title upon satisfaction of the loan, these types of clauses are typically only used in title theory states where the bank holds ownership of the home until the mortgage is paid off.

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