This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the first account that should be listed in the post-closing trial balance? a. Income ... (Read 111 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jul 5, 2018
What is the first account that should be listed in the post-closing trial balance?
 a. Income Summary
  b. Owner, Capital
  c. Cash
  d. Fees Earned

Question 2

The operating budget process generally concludes with the preparation of the ________.
 
  A) production budget
  B) cash flow statement
  C) research and development budget
  D) budgeted income statement


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jbrasil

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

Answer: D


audragclark

  • Member
  • Posts: 579
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
Johannes Vermeer, Woman Holding a Balance. Johannes Vermeer, Woman Holding a Balance.
Buildings account for 15% of greenhouse gas emissions Buildings account for 15% of greenhouse gas emissions
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
Acid–Base Balance Acid–Base Balance
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library