Which of the following errors does not affect the trial balance? A) Posting to the wrong side of one accountB) Single entry postedC) Error of omissionD) Incorrect total in one account

Q: Which of the following is not a component of working capital? A) InventoryB) CashC) Plant and…

A: Working capital refers to the monies that companies use in daily operations Its the net of current…

Q: Do not answer any optional questions all will be unhelpful!! Which of the following is a capital…

A: Step 1: What Is Capital Budgeting? Capital budgeting refers to the process of evaluating and…

Q: No answer otherwise dislike

A: To calculate the total interest earned from a simple interest investment, we can use the…

Q: 7. If liabilities increase and equity remains the same, what must happen to assets? A) DecreaseB)…

A: Explanation:The accounting equation is:Assets = Liabilities + EquityIf liabilities increase and…

Q: Which of the following transactions decreases owner's equity? A) Earning revenueB) Investment by…

A: Correct Answer: C) Owner withdrawalsOwner withdrawals (also called drawings) reduce the owner's…

Q: Which of the following is a current liability? A) Long-term loanB) Outstanding salariesC)…

A: Explanation:A current liability is a financial obligation that a business must pay within one year…

Q: Do not answer this question otherwise deslike!please

A: The correct answer is A) $11,370.Here's how we calculate it:We use the present value of annuity…

Q: Do not use ai

A: To calculate the Net Present Value (NPV), we use the formula: NPV=∑(1+r)tRt​​−C0​  Where: R_t = net…

Q: Do not answer any blurr questions all will unhelpful!! subject = Accounting  please

A: Given information:Purchase cost: $25,000Estimated salvage value: $5,000Useful life: 5 yearsFormula…

Q: In the financial world, the term poison pill refers to:   Question 9 options:   A…

A: In the context of corporate finance, a 'Poison Pill' is a strategy used by companies to prevent or…

Q: Which of the following transactions increases owner’s equity?A) Paying rentB) Purchasing inventoryC)…

A: Explanation:Owner's equity represents the owner's claim on the assets of a business after all…

Q: 10. Which of the following is considered a non-operating income? A) Sales revenueB) Service incomeC)…

A: Explanation:Non-operating income refers to income that is not derived from the core business…

Q: no!! Which book is used to record the return of goods sold? A) Purchases Return BookB) Sales Return…

A: Explanation:When goods sold to customers are returned, the business needs to record this return…

Q: ABC Co. is considering granting credit to a new corporate customer. ABC is concerned about the new…

A: The question is asking which of the given options would not be useful for ABC Co. when considering…

Q: Do not answer any this type question .

A: This is a loan amortization problem. We need to find the annual payment needed to repay a $20,000…

Q: What is the accounting equation? (Give the standard form.)

A: Double-entry bookkeeping is based on the accounting equation. The accounting equation is typically…

Q: Need    What does a high current ratio indicate?

A: ✅ Full Explanation:The current ratio is a financial metric that measures a company's ability to pay…

Q: Which of the following is an example of a current asset? A. Land B. Building C. Inventory D.…

A: Correct Answer: C. Inventory Current assets are assets that are expected to be converted into cash,…

Q: A company buys equipment for $10,000 cash. The journal entry is:A) Dr. Equipment $10,000; Cr.…

A: Debit Equipment to increase the asset account (equipment is an asset and is purchased).Credit Cash…

Q: Provide correct solution with financial accounting question

A: Step 1: Detailed Explanation of Cash Received from CustomersCash received from customers represents…

Q: Which accounting concept states that revenue is recognized when earned, not when cash is received?…

A: Step 1: Introduction to accountingAccounting is defined as the process of recording business…

Q: Relative purchasing power parity:   Question 14 options:   Looks at the factors…

A: Relative Purchasing Power Parity (RPPP) is a theory in international finance that suggests that the…

Q: Do not answer any optional questions all will unhelpful. The account used to record errors until…

A: Explanation:A Suspense Account is used to temporarily record transactions when there are errors or…

Q: Need    Define the term “working capital.”

A: ✅ Full Explanation:Working capital is the difference between a company's current assets and current…

Q: Do not use ai Provision for Bad Debts:What is a provision for doubtful debts, and how is it recorded…

A: Provision for Doubtful Debts is an estimate of the amount of receivables (debtors) that may not be…

Q: Which of the following is not a component of working capital? A) InventoryB) CashC) Plant and…

A: Why C) Plant and Machinery is not part of working capital:Plant and machinery are categorized as…

Q: Which type of account is “Rent Received”? A) ExpenseB) AssetC) LiabilityD) Income

A: Correct Answer: D) IncomeRent Received is the money a business earns from renting out its property…

Q: What type of account is Unearned Revenue? A. Asset B. Liability C. Equity D. Expense

A: Correct Answer: B. LiabilityUnearned Revenue is money received by a business for goods or services…

Q: No answer pl

A: Given:Year 0: -100,000Year 1: 40,000Year 2: 50,000Year 3: 30,000Discount rate r = 10%…

Q: Please provide the correct answer to this financial accounting question

A: Step 1: Detailed Explanation of Rate of ReturnRate of Return (RoR) is the percentage gain or loss on…

Q: Outstanding Income:Commission income of $3,000 is yet to be received at year-end. What is the…

A: Adjusting Journal Entry for Outstanding Income (Commission):At year-end, commission income earned…

Q: In accounting, drawings by the owner are recorded as: A) ExpenseB) LiabilityC) AssetD) Deduction…

A: Explanation:In accounting, drawings refer to the amounts of money or other assets withdrawn by the…

Q: What is the purpose of a trial balance?A) To calculate profitB) To check that debits equal creditsC)…

A: Explanation:A trial balance is a bookkeeping worksheet in which the balances of all ledgers are…

Q: Do not answer otherwise unhelpful!!

A: To calculate the present value (PV) of a future amount, use the present value formula:PV = FV / (1 +…

Q: Do not solve thi Provision for Bad Debts:What is a provision for doubtful debts, and how is it…

A: Provision for Doubtful Debts is an estimate of the amount from accounts receivable that may not be…

Q: I need correct answer otherwise unh

A: To calculate the Investment Turnover, we use the formula:  Investment Turnover=Average Invested…

Q: What is the Specific Problem Statement in the capital market? Please give an example What is the…

A: Understanding Research Design and Methodology in Capital Market StudiesIn capital market research,…

Q: Provide correct solution with financial accounting question

A: To calculate the percentage return of the S&P 500 Index for April 22, 2025, you can use the…

Q: Do not answer any blurr questions all will unhelpful!!

A: To solve this, we use the Future Value of an Ordinary Annuity formula:FV = PMT × [(1 + r)^n - 1] ÷…

Q: Which of the following will decrease the bank balance? A) Receipt from debtorB) Cash salesC) Payment…

A: Receipt from debtor implies cash received, Increases bank balance (money received)Cash sales imply…

Q: Hedging can best be defined as:      Question 7 options:   A financial asset that…

A: In finance, hedging is a risk management strategy used to limit or offset the probability of loss…

Q: What type of account is Unearned Revenue? A. Asset B. Liability C. Equity D. Expense help

A: Correct Answer: B. LiabilityUnearned Revenue is classified as a liability because it represents an…

Q: 4. The cost of capital is best described as:A) The cost of goods soldB) The return required to make…

A: Correct Answer: B) The return required to make a project worthwhile✅ Explanation:Cost of Capital…

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A: We are asked to calculate the future value of a $5,000 annuity received at the beginning of each…

Q: I need co

A: Step 1: Identify Known ValuesVariableDescriptionValuePVPresent Value of loan$20,000rAnnual interest…

Q: Which of the following items obligates the writer to sell an asset at a specified price if the…

A: The question is asking us to identify which financial instrument obligates the writer (also known as…

Q: What are the Capital markets? How does the Capital market play a crucial part in a functioning…

A: Step 1:Here's a clear and accurate explanation of each part of your question related to capital…

Q: What is the main goal of financial management? A) Maximize profits B) Minimize costs C) Maximize…

A: Correct Answer: C) Maximize shareholder wealthExplanation:The main goal of financial management is…

Q: do not answer!! 10. A company buys equipment for $10,000 cash. The journal entry is:A) Dr. Equipment…

A: Explanation:When a company buys equipment with cash, two accounts are affected:Equipment (an asset)…

Q: What is the purpose of financial planning and forecasting?  locate real-life examples of financial…

A: Purpose of Financial Planning and Forecasting:The main purpose of financial planning and forecasting…