[10 mark] 1.2 Answer true or false to the following statements Answer true or false to the following statements 1.2.1. Liabilities should be equal assets minus owner's equity 1.2.2. Businesses that sell on credit do not make any profit 12.3. Receipts from debtors are recorded in the cash payment journal. 1.2.4. The Trial Balance is the final summary of transactions or balances that a company compiles 1.2.5. OE is the abbreviation used in accounting when referring to owner's Equity.​

Answers

Answer 1

Answer:

1.2.1. False - Liabilities should be subtracted from assets to determine owner's equity.

1.2.2. False - Businesses can make a profit even if they sell on credit.

1.2.3. False - Receipts from debtors are recorded in the cash receipts journal.

1.2.4. True - The Trial Balance is a summary of all the accounts and their balances in the ledger.

1.2.5. True - OE is commonly used as an abbreviation for owner's equity in accounting.


Related Questions

What is the intended "irony" of the anti-John Stuart Mill political cartoon on slide 8 (if you think about it, it's a
double irony)?
A) "Pray clear the way, there, for these-a-persons"
B) Women earned the right to vote in the United States in 1920, about 50 years after this cartoon
C) That John Stuart Mill is so logical and yet he still thinks that women should be able to vote.
D) That John Stuart Mill isn't that tall.

Answers

Answer:

I am not so sure. I need help with the question as well.

Educational_________________ deals with administering all the affairs inside an academia

Answers

Educational administration deals with administering all the affairs inside an academia.

Educational administration is a field of study and practice that focuses on the management and leadership of educational institutions, such as schools, colleges, universities, and other educational organizations. It involves overseeing and coordinating various aspects related to the functioning of an academic institution, including planning, organizing, staffing, directing, and controlling.

Educational administration plays a vital role in the smooth functioning and success of educational institutions. Effective administrators bring leadership, vision, and management skills to create an environment conducive to teaching, learning, and overall academic growth. They aim to enhance educational quality, facilitate student achievement, and ensure the efficient operation of the institution.

For such more question on Educational:

https://brainly.com/question/30859717

#SPJ8

Imagine you are about to do field research in a specific place for a set time. Instead of thinking about the topic of study itself, consider how you, as the researcher, will have to prepare for the study. What personal and physical sacrifices will you have to make?

Answers

Answer:

....

Explanation

i  just wanted points sorry not sorry

greece's many hills were important to the early greek city-states because

Answers

Answer:

gave Greek farmers a place to graze their animals

Explanation:

Answer:

Gave greek farmers a place to graze their animals

Explanation:

i did the test

Select the correct answer from each drop-down menu. During the Agricultural Revolution, the introduction of new agricultural tools and led to a major increase in farm production in England. The increase in food production led to . However, the higher efficiency of production also resulted in . Reset Next

Answers

During the Agricultural Revolution, the introduction of new agricultural tools and selective livestock breeding led to a major increase in farm production in England. The increase in food production led to sharp increase in the population.

However, the higher efficiency of production also resulted in many farm workers losing their livelihood.

What did the Agricultural Revolution in England lead to ?

The increase in food production meant that there was more food available for people to eat, which led to a population boom. The population of England grew from about 5 million in 1700 to about 10 million in 1800.

The enclosure of common land was the process of fencing off land that had previously been open to public use. This was done by landowners who wanted to increase the amount of land they could farm. The enclosure of common land led to the displacement of many small farmers, who were forced to become laborers or move to the cities.

Find out more on the Agricultural Revolution at https://brainly.com/question/19459286

#SPJ1

there is absolutely no information about who is responsible for the content of the website on a ymyl topic. T/F

Answers

True there is absolutely no information about is responsible for the content of the website on a ymyl topic.

The lowest rating should be used for any of the following types of content on pages that might appear informative.Content that is demonstrably inaccurate.YMYL content that contradicts well-established expert consensus.Debunked or unsubstantiated conspiracy theories.Experience, authority,reliability this is an important quality characteristic.Quantity and quality of main content.The rating should be based on the landing page of the task URL.Don't think about the query when assigning a page quality rating to the LP. Some results do not have a page quality slider. If a results block doesn't have a page quality rating slider,you don't need to provide a page quality rating.YMYL websites require a high degree of trust,so they generally need satisfactory information about who is responsible for the site's content.

To learn more about authority please click on below link.

https://brainly.com/question/1255536.

#SPJ4

Which statement best describes the beliefs of the Enlightenment thinkers?

Answers

Answer:

Enlightenment thinkers wanted to improve human conditions on earth rather than concern themselves with religion and the afterlife

Explanation:

Enlightened thinkers believed that truth could be obtained by reasoning or logical reasoning. Life, liberty, and Property.

Which Enlightenment is best described?

Enlightenment, also known as the Age of Thinking, was an 18th-century philosophical and cultural movement that championed the idea of ​​superstition and science over blind faith.

A body of unchanging moral values ​​that are considered to be the basis of all human behavior.

The Enlightened thinkers sought to improve the living conditions of the people of the world rather than worry about religion or after death.

Thus, Enlightened thinkers' best-described statements are individuals have the right to the protection of “life, health, liberty, or possessions” and the natural right to property is derived from Labour.

Learn more about  Enlightened thinkers here:

https://brainly.com/question/2496343

#SPJ2

Thomas Jefferson, who draft of the Declaration of Independence, included the ______.

Answers

Answer:

Drawing on documents, such as the Virginia Declaration of Rights, state and local calls for independence, and his own draft of a Virginia constitution, Jefferson wrote a stunning statement of the colonists' right to rebel against the British government and establish their own based on the premise that all men are.. you know hopefully

Explanation:

Consider the four key ideals expressed in the Declaration of Independence — equality, unalienable rights, consent of the governed, and the right to alter or abolish government.

A jewelry company created a set of unique etchings in gems

Answers

Full Questions:

A jewelry company created a set of unique etchings in gems that are reminiscent of the different signs of the zodiac. What kind of patent should this company obtain for this product?

Answer:

creative patent.

Explanation:

Creative patent is a form of intellectual property protection that is used to protect artistic inventions, a process to create an object, or a creative solutions to a solve a certain problem.

The unique etchings in gems that created by the company can fall under the category of artistic inventions.

If the Jewelry company obtain a creative patent over that invention, any other companies who tried to mimic that product will be eligible to a lawsuit by the jewelry company.

how to face situation that had been negatively exposed to media​

Answers

By staying proactive, transparent and focused on positive change, you can navigate through a negative media exposure and work towards rebuilding trust and reputation.

Facing a situation that has been negatively exposed in the media can be challenging but there are several strategies that can help you navigate through it:

Stay calm and composed:

It's important to maintain your composure and avoid reacting impulsively. Take some time to process the situation and gather your thoughts before responding.

Gather accurate information:

Ensure that you have a clear understanding of the situation by gathering accurate information from reliable sources.

This will help you address any misconceptions or inaccuracies in the media coverage.

Seek legal advice if necessary:

If the situation involves legal implications it may be beneficial to consult with an attorney who specializes in media or defamation law.

They can provide guidance on how to protect your rights and navigate the legal aspects of the situation.

Communicate your perspective:

Consider sharing your side of the story in a thoughtful and respectful manner.

This can be done through press releases, interviews or statements on your website or social media platforms.

Be honest, transparent and provide any relevant context that can help people understand the situation better.

Engage with your stakeholders:

If the situation impacts your stakeholders, such as employees, clients or partners, it's essential to communicate with them directly.

Address their concerns, provide reassurance and be open to answering their questions.

Transparent and timely communication can help maintain trust and mitigate any negative impact.

Focus on positive actions:

Show that you are actively taking steps to address the situation and prevent similar issues in the future.

Implement any necessary changes, policies or procedures that demonstrate your commitment to improvement and responsible behavior.

Learn from the experience:

Reflect on the situation and identify any lessons or opportunities for growth.

Use this experience to improve your practices, communication strategies and crisis management plans.

Public perception can be influenced by various factors, including media coverage.

You cannot control how others perceive the situation, you can control your response and actions moving forward.

For similar questions on media

https://brainly.com/question/16921182

#SPJ11

A nationwide survey conducted last year by renowned American pollster John Zog found that 46% of Americans believe that a civil war is possible, 43% believe it is impossible, and 11% believe it is uncertain.
A study by the Brookings Institution, a renowned think tank, commented on Zog's survey: "Since nearly half of the population believes that this conflict is possible, we need to take this situation seriously. After all, this is not the first time the United States has experienced serious division. We should not assume that it will not happen and ignore ominous signs that conflict is spiraling out of control

Answers

The survey conducted by John Zog revealing that 46% of Americans believe a civil war is possible has raised concerns and prompted a serious reflection on the state of the nation.

The comment from the Brookings Institution emphasizes the need to take this situation seriously and not dismiss the possibility of conflict. It reminds us that the United States has faced significant divisions in the past, and ignoring warning signs can lead to a situation spiraling out of control.The study highlights the importance of acknowledging the sentiment among a significant portion of the population and not underestimating the potential for deepening divisions. It calls for a proactive approach in addressing the underlying issues that contribute to such division, fostering dialogue, and finding common ground.This survey and the commentary from the Brookings Institution serve as reminders of the historical context and the need to address societal fractures. It emphasizes the importance of unity, understanding, and working towards a more inclusive and harmonious society to prevent the escalation of tensions and safeguard the nation's stability.

For more such questions on civil war

https://brainly.com/question/24992590

#SPJ8

"No race can prosper til it learns that there is a much dignity in tilling a field as in writing a poem" (*tilling= digging or farming)

Who would MOST likely have agreed with this statement?
A. Abragam lincoln
B. The Talented Tenth
C. Henry W. Grady
D. Booker T. Washington

i think its D but not 100 on it

Answers

Answer:

the correct answer is indeed D

Explanation:

trust me !

What are the exceptions to the 5th amendment double jeopardy rule in the Bill of Rights have

Answers

to the US Constitution prohibits anyone from being prosecuted twice for substantially the same crime.

No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a grand jury, except in cases arising in the land or naval forces, or in the militia, when in actual service in time of war or public danger; nor shall any person be subject for the same offense

PLEASE HELP!!!!!! ILL GIVE BRAINLIEST *EXTRA POINTS** !! DONT SKIP :((

PLEASE HELP!!!!!! ILL GIVE BRAINLIEST *EXTRA POINTS** !! DONT SKIP :((

Answers

Answer: C

Explanation:

A and C are both solid answers depending on the interpretation.

Based on the beginning of the second sentence "product of their various opinions.." I would argue C is the correct answer.

Compare and contrast the different ways society is held together

Answers

Explanation:

Society is held together by various social forces and mechanisms that promote social cohesion and maintain order. Some of the primary ways that society is held together include:

Social norms: Social norms are informal rules that govern behavior in a society. These norms help to regulate behavior, maintain social order, and promote cooperation among individuals.

Laws and regulations: Laws and regulations are formal rules that are created and enforced by governments. These rules help to maintain order and promote social justice by defining acceptable behavior and punishing those who violate the law. The legal system also provides a mechanism for resolving disputes and conflicts that arise between individuals and groups.

Institutions: Institutions are formal organizations and structures within society that help to regulate behavior and promote social cohesion.These institutions help to promote socialization, education, and social control within society.

Economic interdependence: Economic interdependence is a way that societies are held together through mutual reliance on each other. Economic interdependence means that individuals and groups within a society are reliant on others for goods, services, and resources. This interdependence promotes cooperation and interconnectivity between individuals and groups.

These mechanisms work together to promote social cohesion, maintain order, and promote cooperation among individuals and groups.

Quebec and Ontario are examples of Canadian colonies true or false

Answers

True, Canadian colonies include, for example, Quebec and Ontario.

Quebec and Ontario both have Canadian colonies, right?

Canada's Dominion was officially founded on July 1st, 1867. A union of British North American colonies, comprising New Brunswick, Nova Scotia, Quebec, & Ontario, became the Dominion of Canada on July 1st, 1867.

What Canadian colonies immediately spring to mind?

The earliest permanent European enclaves included the French colonies at Acadia and Canada (New France), its English colonies in Newfoundland (island) & Rupert's Land, and Scottish colonies of Canada and Port Royal, as well as the early permanent settlements in what is now Canada.

Ontario and Quebec are their names, respectively.

More than half of Canada's population lives in towns and cities near the St. Lawrence River and the Great Lakes in southern Quebec and Ontario, the region known as Central Canada and the center of the country's manufacturing and industrial sectors.

Learn more about Canada's Dominion: https://brainly.com/question/29526524

#SPJ1

NEED NOWW
Which of the following statements best compares the climates of South and Southeast Asia? O A. Southeast Asia tends to be cooler than South Asia. O B. Less rain falls in Southeast Asia than in South Asia. O c. It is more humid in South Asia than in Southeast Asia. D. Both regions have similar climates.​

Answers

Answer:

c. It is more humid in South Asia than in Southeast Asia

Explanation:

Why did people except to drive during World War I but hated it during the Civil War?

Answers

Compared to World War I, the Civil War saw significant advancements in transportation, although the use of automobiles was not yet pervasive. As a result, horses handled the majority of transportation during the Civil War.

What was the first world war's opponent?

Socialist, anarchist, syndicalist, and Marxist movements on the left, together with Christian pacifists, Canadian and Irish nationalists, women's organisations, intellectuals, and rural people, all opposed World War I.

Was World War One a forced war?

In January 1916, the Military Service Act was adopted. All single men between the ages of 18 and 41 were subject to conscription, but the medically unfit, clergy, teachers, and some kinds of industrial workers were excluded.

To know more about World War visit:-

https://brainly.com/question/23847529

#SPJ1

Professional speechwriters, such as former presidential speechwriter Peggy Noonan, typically compose a speech by __________.
a. producing a draft that is pretty much ready as written
b. producing an introduction that makes possible the need for minimal drafts
c. working through multiple drafts, likely a dozen or more
d. working through a draft, conducting some research, and then finalizing

Answers

In this question option c is the correct solution. Professional speechwriters, such as former presidential speechwriter Peggy Noonan, typically compose a speech working through multiple drafts, likely a dozen or more.

Professional speechwriters usually go through a rigorous process of writing and editing to create a compelling and effective speech. This often involves working with the speaker to identify key messages and themes, conducting research, drafting and revising the speech, and practicing delivery. The process of writing a speech may involve multiple drafts and revisions until the speechwriter and the speaker are satisfied with the final product. The goal is to create a speech that is persuasive, engaging, and memorable, and that effectively communicates the speaker's message to the intended audience

Learn more about Peggy Noonan here brainly.com/question/29620927

#SPJ4

what is the differences between resilience and life project?

Answers

Answer:

Psychologists define resilience as the process of adapting well in the face of adversity, trauma, tragedy, threats, or significant sources of stress—such as family and relationship problems, serious health problems, or workplace and financial stressors. ... That's the role of resilience.

Explanation:

___________is a way of collecting evidence that can be used at trial.

Answers

Answer:

understanding

Explanation:

because you understand people well

Understanding you are paying attention to someone

Which number illustrates the fact that in English, numbers do not all follow a regular naming pattern, thus making learning
to count more difficult in English than in some other number systems?
A. 1
B. 31
C. 11
D. 21

Answers

Maybe the answer is D…sorry if i’m wrong
The answer is 11 because 31 and 21 start with thirty and twenty and 11 is a whole another word by itself.

What was the Indian Removal Act of 1830

Answers

Answer:

Introduction. The Indian Removal Act was signed into law by President Andrew Jackson on May 28, 1830, authorizing the president to grant lands west of the Mississippi in exchange for Indian lands within existing state borders. A few tribes went peacefully, but many resisted the relocation policy.

Explanation:

Answer:

a for plato users

Explanation:

i got 100 %

Write a brief paragraph describing the different types of primary elections and the difference between primary and general elections

Answers

Answer:

Explanation:

In the United States, we use two different types of presidential elections. The elections form a two-step process and are used together to determine the winner. The first of these is the primary election. This election serves as a party nomination for the political office. The primary elections serve as the preliminary step in the process of selecting the United States president.

Each political party holds a primary election. The winner of a party's primary election goes on to represent that party in the presidential election. After a primary winner is determined, the political party will officially nominate that winner at the party's national convention. This is simply a political party's official meeting, where a presidential candidate will be nominated. The Democratic and Republican national conventions are typically held the summer of an election year. The conventions are normally large, televised events.

For example, let's say that Roe, Roberts and Ramey are all Republican presidential candidates. These three candidates will first run against each other in the Republican primary election. The winner will be officially nominated at the Republican national convention and go on to represent the Republican Party in the presidential election.

Each political party is allowed only one candidate in the presidential election. Therefore, the primary election is the means to determine the party's one official presidential candidate.Different states have different rules regarding their primaries. There are four basic types of primary elections. These are:

Open primaries, where anyone of any political party affiliation may vote

Closed primaries, where only those voters registered with that particular political party may vote

Semi-open primaries, where anyone of any political party affiliation may vote but can only vote in one primary

Runoff primaries, where a few states hold a second primary between the two candidates with the most votes

Let's take a look at the two most common types of primaries. Many states, like Texas and Ohio, use semi-open primaries. Like most other types of primary elections, each voter is allowed only one vote.

Let's say Victor is our voter in a semi-open primary. Victor must choose a primary election in which to vote. He may not vote in more than one primary election, but he can choose any party's primary. So, even if Victor has always voted in the Democratic primary, he can choose to vote in the Republican primary instead.

QUESTION 13 Differentiate between over- valuing and under-valuing of kina.​

Answers

Answer:

Overvaluing and undervaluing of a currency, such as the kina, refer to situations where the currency's exchange rate is higher or lower than its perceived fair value in the market. Here's how overvaluing and undervaluing differ:

Overvaluing: This occurs when the exchange rate of a currency is higher than its fair value in the market. In other words, the currency is considered to be overpriced. This can happen due to a number of factors, such as high demand for the currency, speculation, or government policies that artificially support the currency's value. An overvalued currency can make exports more expensive and less competitive, which can lead to a trade deficit and harm the economy's overall competitiveness.

Undervaluing: This occurs when the exchange rate of a currency is lower than its fair value in the market. In other words, the currency is considered to be underpriced. This can happen due to a number of factors, such as low demand for the currency, market speculation, or government policies that artificially depress the currency's value. An undervalued currency can make exports cheaper and more competitive, which can lead to a trade surplus and benefit the economy's overall competitiveness.

In general, both overvaluing and undervaluing of a currency can have negative economic consequences, as they can lead to trade imbalances and distortions in the market. It's generally considered optimal for a currency to trade at its fair value in the market, reflecting the underlying economic fundamentals of the country.

Which countries gained independence during the twentieth century?



Choose all answers that are correct.


French Guiana


Ecuador


Suriname


Guyana

Answers

Answer:

Ecuador, and Guyana

Explanation:

Ecuador. Guyana.

!!!!!!!!!!!!!!!!!!....!!!!!!!!!!

A case manager's written job description may be seen as a guideline, but it is not always an accurate reflection of the actual work. Which of the following are reasons for the changes that may occur regarding a case manager's responsibilities?

Answers

A manager's responsibilities are reorganization within the agency, economic pressures facing the agency, and changing needs of the client population.

What do you understand by the manager's responsibilities?

A manager's duties often fall into one of three categories: planning, controlling, or assessing.

The manager's main responsibility is to organize the work of every person in the company and provide the greatest outcomes possible to guarantee the company's expansion.

Through hiring, vetting, onboarding, and training people, one keeps their workforce. provides for a safe, secure, and compliant working environment. provide opportunities for personal growth.

By articulating job objectives and planning, monitoring, and assessing job outcomes, managers can achieve desired staff results.

Therefore, the correct option is D.

To know more about the manager's responsibilities, visit:

https://brainly.com/question/29989231

#SPJ2

This is an incomplete question the complete question probably is:

A case manager's written job description may be seen as a guideline, but it is not always an accurate reflection of the actual work. Which of the following are the reasons for the changes in the case manager's responsibilities?

I. Reorganization within the agency

II. Economic pressures facing the agency

III. Changing needs of the client population

IV. Performance evaluation by the supervisor

A. ​I, II, III, and IV

B. ​I and III

C. ​II and IV

D. ​I, II, and III

I need help please social study

 I need help please social study

Answers

Answer:

I can help

Explanation:

but to help you i need to know the class of this question

According to progressives, the problem of the cities was their ____

Answers

Answer:

Efficiency and equality

Explanation:

According to the progressives, the city tend to have better infrastructures compared to the rural area. But, there's a clear separation between the infrastructure for the rich and the poor.

The clean , solid, and expensive infrastructures tend to be allocated to the rich area. While the poor citizens have to be contempt with living in a poor environmental condition,

To deal with this, They advocated for breaking down the government departments ot the smallest scale. Making sure that each part of local communities are taken care of.

1) Explain the process that led to the development of crimes being an act in violation of a king or queen’s authority.
2) What effects did the American Civil War have on prisons and offenders? How did these effects influence the industrial prison era?

Answers

The accused (defendants) were placed at the king's / queen's mercy for any faults or offenses committed by the people because the queen held coercive control.

What is an act in violation of a king?

The colonies needed authorization from Britain to expand farther west and establish rules controlling a more complex culture because the economy and population both are growing. The lords, counselors, and the King himself who were protecting England rejected these needs despite the absence of evident harm to their interests.

Every day, the prison industry in this country takes advantage of those who are behind bars. Due to a loophole, prison systems can compel inmates to perform prison labor in addition to earning money from keeping them.

Learn more about king , Here:

https://brainly.com/question/19621528

#SPJ1

Other Questions
Lisa typed a 165-word paragraph in three minutes. Use the ratio table todetermine how many minutes it will take for Lisa to type 55 words. Subjects/you/study/ai school? Which expression has a solution of 36, if p = 4? What techniques does the author primarily employ to build suspense in the text? Please help solve this equation "m+1P4 =mP5 14. A normal distribution has a mean of 700 and a standard deviation of 35. What is theprobability that a value selected at random is at most 630? what kind of effects are there at individual and country level when there is no respect of rights of equality of religions Explain why aerotolerant and microaerophilic microbes can't survive high oxygen levels but they can survive low levels. What is the purpose of satire in A Modest Proposal?. When a capital budgeting project generates a positive net present value, this means that the project earns a return higher than thea) annual rate of returnb) required rate of return c) profitability index d) internal rate of return Describe how a nonpolar to polar R group substitution changes the structure and function of a protein. Why gene flow isnt the cause of antibiotic resistance What was a common school? (5 points) a School for the training of teachers b School that taught life skills such as cooking and sewing c School that taught rich and poor students together d School for the training of religious ministers What is 2 to 3 factors that contributed to the growth of European imperialism and two to three effects it had on the world can someone help me for question 7??? Solve: 1/4 a = 4/15 If 451 households were surveyed out of which 362 households have internet fiber cable, what is the sample proportion of households without fiber cable is (Round off the answer up to 3 decimal places) SCIENCE:In 2-3 complete sentences, explain how a satellite goes into orbit remains in orbit in your own words.Use the "RAP" method to answer this question:Restate the questionAnswer the questionProve your answer citing textual evidence from the course. Don't forget to proofread your answer. a key assumption of the theory of economic fluctuations is that real gdp fluctuates around potential gdp. T/F Moana (from the Disney movie) is a unique heroine because she is a female. Though it is changing, oftentimes heroic traits have been portrayed in male characters exclusively.....What is the societal perception of women and heroism traditionally? How is this changing, and how do you know it is changing (what evidence do you see)? Why do you think this change is occurring?