The figure in the amount column is sometimes referred to as 'cumulative balance'. Why is it referred to in this way?

Answers

Answer 1

Answer:

Explanation:

For each transaction, you add to the previous balance to keep a running total.


Related Questions

What are the company’s assets if the liabilities are $10,000 and the owner’s equity is $20,000?
$40,000


$2,000


$30,000


$10,000

Answers

Answer:

$30,000

hope this helps! good luck!

His equity is $20,000 but he owes $10,000 in liability. So if he paid that off his assets would be $10,000.
$10,000 is your answer

does this sentence i wrote make sense:

“Not only this, but as a gateway to contribute to saving the planet.”

Answers

This makes perfect sense

Marlon intends to sell a piece of real estate he owns and contracts Nita, a real estate broker, to make the sale. In the contract, Marlon authorizes Nita to make the sale at or above a minimum price he wants and the date by which he wants the sale to be completed. The contract also stipulates that Marlon should not hire another broker to sell that piece of land till the expiry of the contract period. Nita finds a suitable buyer, makes the sale in time, and is paid by Marlon for her services.
Which of the following types of agency had Marlon and Nita entered into?
A) apparent agency
B) agency by ratification
C) implied agency
D) express agency

Answers

Answer:

D) express agency

Explanation:

From the question, we are informed about Marlon who intends to sell a piece of real estate he owns and contracts Nita, a real estate broker, to make the sale. In the contract, Marlon authorizes Nita to make the sale at or above a minimum price he wants and the date by which he wants the sale to be completed. The contract also stipulates that Marlon should not hire another broker to sell that piece of land till the expiry of the contract period. Nita finds a suitable buyer, makes the sale in time, and is paid by Marlon for her services. In this case, the types of agency had Marlon and Nita entered into is express agency. Express agency can be regarded as an agency that is been set up through an oral or a written agreement that exist between agent and principal. This gives indication of their express intent as regards this representational status. In this agency, the written or spoken words of the principal is used in authorizing the agent so that he can to act on behalf of the principal. An agency can be regarded as contract which could be express or implied.

Your friend Eetu says he has no forms of investment in his life; however, you can prove him wrong. What form of investment has Eetu made without even realizing it was an investment? A. He leased a car. B. He rented an apartment. C. He bought a house. D. He inherited a boat.

Answers

Answer:he bought a house

Explanation:

Your friend Eetu says he has no forms of investment in his life; however, you can prove him wrong. The form of an investment has Eetu made without even realizing it was an investment as he rented an apartment. (B)

What is an investment?

Investment is the dedication of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.

What is a profit?

Profit, in accounting, is an income distributed to the owner in a profitable market production process.

Why do people invest?

Investing is an effective way to put your money to work and potentially build wealth.

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Hey guys this is for the edmentum unit activity: Earning and Protecting money. Pls help :’)

What are three most common incentives for offering health insurance to employees?

A. It improves employees health and increases productivity.

B. It reduces the cost of office administration.

C. It helps attract and retain high-quality employees.

D. It provides the business a tax advantage.

E. It increases the business chance of overcoming competition.

Answers

Answer:

Explanation:

I think it's a,b and e

Hope it helps

Sophia wants to become a radio host one day. To gain experience in the field, she spends the summer working at the radio station running errands, filing, organizing, and just generally learning the way the station runs. Sophia does not get paid for this time. This is an example of a(n) _____.

internship

apprenticeship

bachelor’s degree program

doctorate program

Answers

Answer:

internship

Explanation:

A student or traniee who works in an organization, sometimes without pay, in order to gain work experience or satisy requirements for a qualification.

2. What are the problems can someone have without personal finance knowledge?

Answers

The lack of financial literacy can lead to a number of pitfalls, such as accumulating unsustainable debt burdens, either through poor spending decisions or a lack of long-term preparation. This in turn can lead to poor credit, bankruptcy, housing foreclosure, or other negative consequences.

a ___ organization is one that provides a service or good for the benefit of mankind​

Answers

Answer:

public

Explanation:

as they do not aim to make profit compared to public sector. They aim to increase the social welfare of the country.

The policy of the Japanese that most closely paralleled the conditions described in the passage was
a) forcing conquered peoples into deadly coerced labor programs
b) engaging in surprise military attacks, such as the one on Pearl Harbor
c) attempting to liberate the people of Asia from Western imperialism
d) invading Manchuria after an attack on a Japanese railway station there

Answers

Answer:

A

Explanation:

forcing conquered peoples into deadly coerced labor programs

Indicate how each of the following transactions affects US exports, imports, and net exports.

Transaction
Effect On...

U.S. Exports U.S. Imports U.S. Net Exports
A British scholar spends a year at Harvard University as a visiting scholar.
Your parents go on a trip to Japan in late March for the Cherry Blossom season.
A Canadian buys a new Ford.
The student bookstore at Yale University sells books published by Cambridge University Press.
A European family goes to Disney World in Florida for vacation.

Choice for the table are: increase, decrease, or unchanged

Answers

Answer: See explanation

Explanation:

Exports are the goods and the services that a particular country produces and sells to other countries.

Imports are the goods produced in other countries and sold to ones country.

Net export is the difference between the export an import. An increase in export leads to a rise in the net export.

Based on the above explanation, the answer to the question will be:

1. A British scholar spends a year at Harvard University as a visiting scholar.

US exports - Increase

Imports - Unchanged

Net exports - Increase

2. Your parents go on a trip to Japan in late March for the Cherry Blossom season.

US exports - Unchanged

Imports - Increase

Net exports - Decrease

3. A Canadian buys a new Ford.

US exports - Increase

Imports - Unhanged

Net exports - Increase

4. The student bookstore at Yale University sells books published by Cambridge University Press.

US exports - Unchanged

Imports - Increase

Net exports - Decrease

5. A European family goes to Disney World in Florida for vacation.

US exports - Increase

Imports - Unhanged

Net exports - Increase

Draw a chain of command for one of the following: (PLEASE FAST)
- School
- A club or organisation you are involved with (sports teams\music)

Answers

Answer:

sports

Explanation:

whoever is paying the Coach(school,college etc...)>Coach>team captain/cocaptains>other players

The beginning inventory of SoCal Wholesalers was $121,000, and the ending inventory is $116,500. What entries are needed at the end of the fiscal period to adjust Merchandise Inventory?

Answers

Answer and Explanation:

The journal entries that are required to adjust merchandise inventory is given below:

Income Summary  $121,000

        To Inventory $121,000

 (Being eliminate Beginning inventory balance is recorded)

Inventory $116,500

      To Income Summary $116,500

(Being the cost of ending inventory is recorded)  

These two entries should be recorded for adjusting merchandise inventory

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Answers

Thanks!!!!!!!!!!!!!!!!

Bloom’s Taxonomy is important because it provides awareness that each of us has the potential to recognize the levels of thought needed to process topics.



True


False

Answers

Answer:

True

Explanation:

Bloom's Taxonomy is significant because it raises awareness that each of us can understand the levels of thought required to analyze various topics. Thus, the given statement is true.

What is Bloom's Taxonomy?

The classification system known as Bloom's taxonomy defines and classifies the various stages of thinking, learning, and comprehending in humans.

A collection of three hierarchical models known as Bloom's taxonomy is used to categorize educational learning objectives into levels of complexity and specificity. The three lists cover the learning objectives for the cognitive, emotional, and psychomotor domains.

Bloom's taxonomy was created to give teachers a common vocabulary to discuss and exchange teaching and evaluation strategies. Although the taxonomy can be used to identify specific learning objectives, it is most typically used to assess learning at different cognitive levels.

Learn more about Bloom's Taxonomy here:

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Marketing is based on many different relationships between customers, wholesalers and producers, buyers, and sellers. What does the term relationship marketing refer to?

Answers

Marketing refers to the relationship between consumers and business.

Colleen has kept $10,000 in an account all year. Her bank has paid her $1,000 in dividends on this account. What is her rate of return on this investment? A. 10 percent B. 5 percent C. 20 percent D. 25 percent

Answers

Answer:

10%

Explanation:

1000/10000=.10 or 10%

What is the minimum value of the box-and-whisker plot?

Answers

Answer:

A;36

Explanation:

So lets recall the different parts of a box and whisker plot.

The dot at the very right end of it is the maximum, where the largest number is.

After that, the box to the right is the upper quartile.

On the left, the box on the left is the lower quartile.

In between the right and left of the box is the median, which seperates the upper quartile by the lower quartile.

Finally, we have the dot farthest to the left, which is the minimum.

So on our box and whisker chart, lets look at the dot farthest to our left, since thats the minimum.

This should be 36.

Hope this helps! ;)

Let's say Owen would like to take another loan to pay for new furniture, and the loan payment would be $325 per month. If he took this new loan, would he have excessive debt? Remember, he makes $2,500 per month and he already spends $250 on credit card payments and $400 on an auto loan.

Answers

Explanation:

325 I think buy I am not sure.

What is division of labor? A. Another name for specialization, this is when an individual focuses on one specific skill in the field. B. This is when an individual focuses on many different skills and aspects of a business. C. This is when an organization can produce goods more cost effectively when it produces higher volumes of that good. D. This is when an organization is able to produce goods at a lower cost and sell for a lower cost to make a profit.​

Answers

Answer:

A

Explanation:

division of labour means breaking down the production process and giving to task to workers.

i have a kid named aj he is talking to himself and he is allways yelling can you have me evidence he is from windy hill middle school and i and he is in 7th grade ​

Answers

Answer: puberty.

Explanation: Kids go through puberty :)

Answer:

have you ever tried calming him down? maybe offer something,alot of middle schoolers go through those ''fazes'' they can get stressed from working.and with the talking to himself thing,id probably get maybe a therapist to talk to him get stuff off his chest,

Explanation:

a little bit of what id do :D

A line of credit can be either a formal or an informal agreement between a borrower and a bank regarding the maximum amount of credit the bank will extend to the borrower during some future period, assuming the borrower maintains its financial strength.A. True
B. False

Answers

The answer would be A, or true.

Cost-push inflation is caused by
increasing input prices. Which of the
following would NOT contribute to
increasing input prices?
A. expansionary monetary policy
B. a sharp decrease in the supply of oil
C. a sudden decrease in access to coal

Answers

A would be the answer since both of those would increase pricing do to the lack of amount there would be

If your gross pay is $1500 each pay period, and you are paid semimonthly, what is your yearly gross pay?

Answers

Answer:

$39,000

Explanation:

Ideally, we'd know if every pay period is 2 weeks, but that's pretty standard. They say semimonthly because if you look at a calendar over a year, there are a couple of months where you will have 3 paychecks.

So. 52 weeks/year, divided into 2-week pay periods = 26 pay periods/year.

26 x 1,500 = 39,000

Please let me know if you have any questions about this.

The sector tends to be the biggest sector in developed economies.

Answers

Answer:

Tertiary economic sector.

Explanation:

In economics, the tertiary economic sector is the one in which, after the extraction of raw materials and the production of goods, said goods or the services associated with said goods are traded in the market. Thus, the tertiary sector mainly encompasses retail marketing and the provision of services, such as banking, tourism or health benefits, among many others. It is, in short, the sector in which the goods produced enter the market, giving them an added value for its usefulness.

evaluate three ways in which employment will minimize emotional stress

Answers

Answer:

Employment allows you to provide for yourself and your family. With employment, you are likely to have your basic necessities covered, like food, utilities and housing.

Employment makes you feel useful in some way, makes you feel as a contributing member of society, a feeling that helps you increase your feelings of self-worth.

Finally, employment helps you plan ahead for the future. If the employment pays well, or if you manage to spend less than you earn, employment allows you to save money, which is the first step in building a personal equity.

The ways in which employment minimizes emotional stress include:

An employment provides a means of socialisation. This would reduce isolation. An employment is a source of income. This allows people to be able to afford luxuries that would reduce emotional stress. Employment reduces idleness.

What is employment?

Employment refers to when members of the labor force have a job for which they receive some form of compensation.

Which descriptions are examples of Facility and Mobile Equipment Maintenance workers?
Check all that apply.
(there’s probably around 3)


Jonathan tests and fixes systems for helicopters.

Angel analyzes ways to improve the flow of traffic.

Sarah cleans and services diesel engines for boats.

Damon loads cargo into ships.
Ariel repairs bicycles for customers.

Heather takes passengers to destinations in a taxi.

Answers

Answer:

1)Jonathan tests and fixes systems for helicopters.

3)Sarah cleans and services diesel engines for boats.

5)Ariel repairs bicycles for customers.

Explanation:

I just put these answers on edge and got them right :)

Answer:

1,3,and 5

Explanation:

Which of the following is the best summary of the parol evidence rule?
A. Oral evidence is never allowable in interpreting the meaning of
contracts
B. Oral evidence can only be used to interpret contract meanings in
certain situations
C. A written contract is assumed to contain all the terms and
conditions of an agreement unless otherwise stated.
OD. Oral evidence is always valuable and useful in clarifying the
meaning and intent of written contracts.

Answers

Answer:

C. A written contract is assumed to contain all the terms and

Answer:

oral evidence can only be used to interpret contract meanings in certain situations

Explanation:

a p e x

Tasha works as an information technologist for a company that has offices in New York, London, and Paris. She is based out of the New York office and uses the web to contact the London and Paris office. Her boss typically wants her to interact with customers and to run training seminars to teach employees new software and processes. Which career pathway would have this type of employee?

Network Systems
Programming and Software Development
Information Support and Services
Interactive Media

Answers

Answer:

network systems i think

Explanation:

Answer:

d: interactive media

Explanation:

The race to the bottom scenario of global environmental degradation is explained roughly like this:
A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits.
B. Companies seek to reduce their costs of operation on plant and equipment design and this results in higher levels of pollution.
C. Companies seek the lowest market prices on products in order to gain market share, resulting in inferior goods and increased waste and pollution.
D. Companies seek to influence environmental legislation standards to the lowest possible standards in the U.S. in order to maximize profits.
Reset Selection

It is sometimes argued that a nation should not depend too heavily on other countries for supplies of certain key products. This argument is commonly known as the:
A. buy-American argument.
B. anti-dumping argument.
C. national interest argument.
D. self-sufficiency argument.

Answers

Answer:

A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits.

D. self-sufficiency argument.

Explanation:

In the case when there is a race to the bottom scenario so it would be described that the multinational companies that are profit seeking is shifting their production from that countries who have the strong environmental standards to the weak standard countries so that the order would be decreased due to this the profit would increase

In the other case, when the nation is not too much depend on other countries for supplies so this case we called as self-sufficiency argument as they managed themselves rather depending on another

Devon would like to invest in bonds but he is only familiar with investing in stocks. What is the biggest difference between the two? A. Bonds are generally high risk. B. Bonds are generally short-term investments. C. Bonds have fixed maturity dates. D. Bonds provide constant access to your investment money.

Answers

Answer:

C bonds have fixed maturity dates

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