a entry to a liability account decreases the account balance

Answers

Answer 1

Answer:

Asset accounts. A debit increases the balance and a credit decreases the balance. Liability accounts. A debit decreases the balance and a credit increases the balance.

Explanation:


Related Questions

Identify the factors that would MOST LIKELY help a firm to increase production.

Investment in new
technology.
Hiring more employees.

An increase in demand.

Increased education of labor force.

A decrease in demand

Increase foreign competition.

Answers

Answer:

Investment in new technology.

Hiring more employees.

increased education of labor force.

Explanation:

At the micro-economic level, the following factors would MOST LIKELY help a firm to increase production.

A) Investment in new  technology B) Hiring more employeesD) Increased education of labor force

At the macro-economic level, an increase in demand is a factor that will lead to more production by the industry.

At the firm-level (micro-economic), a decrease in demand or an increased foreign competition cannot lead the firm to increase production.  Instead, they discourage more production of goods and services.

To increase production, a firm must invest in new technology and hire more.  The latter will be boosted by an increase in labor education.

Thus, the factors that lead to increased production by a firm are A), B), and D).

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Question 12 of 40
Eric wants a new motorcycle. He visits a local motorcycle shop and finds one
that has all the features he's looking for. The salesperson tells Eric the
motorcycle is currently selling for $2,000. Not too long ago, Eric saw that
same make and model for $1,700 at another shop. Eric suggests a price of
$1,500 for the motorcycle and they settle at $1,800. Which of these prices is
the market price?
A. $2,000
B. $1,500
O C. $1,700
D. $1,800
SUBMIT

Answers

Answer:

D. $1,800

Explanation:

The market price is the amount that a product or service trades for, as determined by demand and supply forces. It is the most current price that a good, service, or share has traded. The market price is the actual amount that can be realized when a product or service is sold.

The market price for the new bicycle is $1800. The salesperson represents the supply side, while Erick is on the demand side of the market. They agree on $1800.  This price is where demand meet supply and is the market price.

Answer:

C. $1700

Explanation:

When people are injured in a car accident, they need an auto insurance representative to help them

A.file a claim
B.prepare a lawsuit
C.arrange for physical therapy
D.find a policy

Answers

Answer:

im pretty sure its A. file a claim

Explanation:

The answer:
A. File a claim

what is used as a set of standard in measurement?​

Answers

Explanation:

A unit of measurement is a definite magnitude of a quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same kind of quantity. ... Now there is a global standard, the International System of Units (SI), the modern form of the metric system.

Chrome,Edge,Safari,and Firefox are all

Answers

Answer:

Web-browsers

Explanation:

Answer:

Search engines

Explanation:

Listeners offer prompts to their speaker by _____.

Answers

Answer:

In any duel between a speaker and listener, it's always easy to fault the other person and it will begin with you. You can set the proper tone. Remember to take notes if you can.

Explanation:

Listen to what I'm saying and you will be good at it.

Answer:

Asking, “What happened then?”

Explanation:

Which of the following are signs of a person being in credit distress?
A. Writing a check to make debt repayment
B. Making all debt repayments in full
C. Only making minimum payments on credit cards each month
D. Paying-off an automobile loan 12 months early

Answers

Answer:

C. Only making minimum payments on credit cards each month

Explanation:

Credit distress is a financial status where an individual or a firm cannot meet its obligations in time. The business or the individual cannot generate sufficient resources to pay their debts as they become due. To a business, high fixed costs, economic downturns, and illiquid assets cause credit distress.

Poor budgeting, unnecessary debt load, poor financial decisions lead to credit distress among individuals. Other signs of credit distress include living or over-relying on overdrafts, problem paying bills on time, and getting reminder collection calls and past-due notices.

If the quantity demanded is greater than the quantity supplied, what will happen to the price?
A. Go up
B. Go up then down
C. Go down
D. Remain the same

Answers

A. Go Up....................

Which line of code will print I like to code on the screen?
O print("I like to code")
O print (I like to code)
O print("I LIKE TO CODE")
Oprint = I like to code



Helppp pleaseee

Answers

Answer:

the first one I think I'm not 100% sure tho

Answer:

O print(I like to code)

Explanation:

I do not know if it is correct though.

A
person who
owns stock in a
corporation.

Answers

shareholder or stockholder

Monmouth Laboratories, Inc. pays a $3.29 dividend every year and will maintain this policy forever. What price should you pay for one share of common tock

Answers

Answer:

That is a personal choice depending on how the company is doing and how much you are likley to learn from dividends

The advertising industry was worth how much money in 1920

Answers

Answer:

nearly 3 billon

Explanation:

Total advertising volume in the United States grew from about $200 million in 1880 to nearly $3 billion in 1920.

Why do you think the graphic designer might have a hard time seeing eye to eye with a copywriter. Help me please!!

Answers

Answer:

A graphic designer focuses on the visual marketing of yhings/services. A copywriter sales with the power of words

ps: you should look up Dan Lok copywriting.

Magazines make most of their money from?

Answers

Answer:

advertisers

Explanation:

There are many Magazines that are published ion the market and becomes popular. Magazines make most of their money from advertiser.

Who is advertiser?

An advertiser is the institution, administration, or any person that pays for an advertising attribute or time to demonstrate a convincing promotion or content to the public. Magazines make most of their money from by the means of advertiser.

Therefore, advertiser advertises the content to the public to publish any information.

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Ian is interested in purchasing bonds, but he is looking for bonds that aren’t related to the government. Which type of bonds would you suggest he purchase?

treasury bonds

municipal bonds

corporate bonds

general obligation bonds

Answers

Answer:

The principal of a Brady bond is backed by U.S. Treasury bonds that are deposited with the Federal ... A corporate bond has a 12% nominal yield. ... General Obligation Bond's credit risk:.

Explanation:

try it

Treasury bonds are the  type of bonds would you suggest the purchase. Hence, option A is correct.

What is Treasury bonds?

Until they complete, Treasury bonds provide a fixed rate of interest every six months. They are given out for 20 or 30 year contracts. Treasury Direct is where a person may purchase Treasury bonds from a financial institute. Additionally, a person can purchase them from a bank or broker.

Treasury bonds are among the safest assets a person can buy because they are supported by the full faith and credit of the United States Government. They often don't provide a very high return because there is so little chance that you will lose money.

Thus, option A is correct.

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Type the correct answer in the box. Spell all words correctly.
In which closing technique does a salesperson respond to a customer's question with a counter question to close the sale?
In a __________ close, a salesperson's objective is to respond to a customer's question with a counter question that might help close
In a
the sale quickly

Answers

Answer:porcupine close

Explanation:

On page 23 of the Plato work

TIMED QUIZ PLS HELP!!! 10 POINTS
You are using an email marketing service. They charge a setup fee of $250 plus $0.35 per email sent. How much will a 10,000 email mailing cost?

Answers

Answer:

$3,750

Explanation:

Answer:

c) 3,750

Explanation:

knowledge matters

Select the qualification that is best demonstrated in each example. Clyde explains the equipment installation process to a customer. Meredith picks up a heavy stereo and puts it in place on a shelf. Brittney figures out what is wrong with a phone line that is not working.

Answers

Answer:

D, A, D

Explanation:

dad lol

Answer:

D

A

D

Explanation:

your welcome

The last stage in sales is
Conviction
Action
Desire
Interest

Answers

Answer will be ‘Desire’ according to me.

Answer:

action

Explanation:

Question:
Which job title describes a person with a career in natural resources?
•production manager
•architectural engineer
•environmental scientist
•tile setter​

Answers

Answer: its environmental scientist

Explanation:

Please help!!!

Drag each label to the correct location on the image.
Match the descriptions to the possibility of being addressed by a Trial Balance.

can detect the accuracy
of the accounting process

can help prepare the
income statement

can help check whether the
debit side is equal to the
credit side

can help check whether a
particular transaction has
been completely omitted

helps serve as a proof of
the application of the
double-entry system

Answers

According to given Image the all the scenario are possible of being addressed by a Trial Balance

Give explanations for how a Trial Balance might be addressed

Can determine whether the accounting procedure is accurate: PossibleMay aid in the income statement's preparation: PossibleMay assist in determining whether the debit and credit sides are equal: PossibleCan assist in determining whether a specific transaction has been entirely missed: PossibleAids in providing evidence of the double-entry system's use: Possible

What is trial balance?

A Trial Balance is a financial statement that lists all the general ledger accounts and their balances at a specific point in time.

It serves as a tool to ensure that the total debits equal the total credits in the accounting system and helps to detect errors and discrepancies in the accounting records.

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what are the pros and cons of going through economic transition from a centrally planned to a mixed economy

Answers

Answer:

There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.

Explanation:

Mark me Brainliest

List three positive benefits and three possible negative results of using credit.

Answers

Positives:

Credit card rewards.

Fraud protection.

Travel benefits

Negatives:

Interest charges.

Late fees.

Potential for credit damage.

Mr. Gupta is also considering giving his employees a raise that would increase total salaries by $35,000.00 per year. What effect would this raise have on Mr. Gupta’s income tax?

Answers

I think the taxes would decrease but increase for the company

Imagine that you own a local fitness gym in your hometown called "U-Fit." You have done well over the last few years and have enough capital to acquire another hometown company, "Power Kore, " that makes nutritional protein shakes. Why would it be a good idea for you to undertake a vertical merger or acquisition of this sort?

Answers

Answer: to increase synergies and have more supply chain control.

Explanation:

A vertical merger is when two or more companies or organizations which are in charge of the provision of supply chain functions that are different merge for a common good.

The main idea behind the merger is to help increase synergies, reduce cost, increase efficiency and productivity and also for more control of the supply chain to be gained.

One of the roles of the US government is to ensure that the country is financially stable. Which of the following is the term for the government’s power to spend and tax? Select one: a. Fiscal policy b. National debt c. Expansionary policy d. Contractionary policy

Answers

Answer:

Fiscal policy

Explanation:

Fiscal policy refers to the actions of governments of adjusting taxation and spending to influence economic direction. The governments aim at maintaining stable prices and steady economic growth. Though several agencies,  the state monitors economic indicators and adjusts its spending and taxation accordingly.

The fiscal policy combines with monetary policy to achieve the desired effects. In times of recessions, fiscal policy is used to stimulate economic growth.

PLEASEEEE HELP!!!!!!!!!!!!!!

Damon is working on a tight budget. He has just a few more scenes to shoot to complete his project. For one of the scene requires at least 50 extras. Hiring union extras will cost him more than the budget allows. what do you think he is likely to do to ensure the scene is shot within the budget?
A .Change the storyline
B. Deduct the scriptwriter's fees
C. Deduct the fees of the lead actor
D, hire non-union extras

Answers

Answer:

possibly d

Explanation:

makes more sense

The Federal Reserve decreases the discount rate in order to accomplish
which goal?
A. Lowering the prime rate on bank loans
B. Raising the number of treasury securities for sale
C. Increasing the interest rate on credit cards
D. Decreasing the total number of Federal Reserve banks

Answers

Answer:

A. Lowering the prime rate on bank loans

Explanation:

Prime rates are the interest rates that the commercial banks charge their most credit-worthy customers, mostly corporates. These customers are judged low-risk clients and get loans at lower interest rates compared to retail customers. If a commercial bank lowers the prime rate, the normal interest rates are also likely to decrease.

The discount rate is the interest rate at which commercial banks will means commercial banks are obtaining loans at an expensive rate. Consequently, they will charge customers a high-interest rate for loans advanced. If the Federal Reserve reduces the discount rate, banks will reduce interest rates on loans. The banks will be accessing credit from the Fed at lower interest rates.

Answer:

a

Explanation:

a p3x

Which economic indicators most strongly suggest that an economy is
experiencing the expansion phase of the business cycle?
A. Unemployment rates are rising while GDP is falling.
O B. Unemployment rates are declining while GDP is rising.
O C. Both GDP and unemployment rates are rising.
D. Both GDP and unemployment rates are falling.

Answers

Answer:

A. Unemployment rates are rising while gdp is falling

Explanation:

Unemployment rates are rising while GDP is falling is the economic indicators most strongly suggest that an economy is experiencing the expansion phase of the business cycle. Hence, option A is correct.

What is Unemployment rates?

Unemployment rates is the number of people who are unemployed in comparison of the total employment in the workforce. Unemployment rates directly affects the economic growth of the country.

If the Unemployment rates are more in  the country than it is considered the poor economy of the country.

Thus, option A is correct.

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what does it mean when you file for bankruptcy and why would it be on your credit report? please somebody help. due tonight

Answers

when you file for bankruptcy it's for individuals and companies when they can no longer pay their bills. from there it is decided if their debt will be relieved or if they HAVE to pay. it will be on your credit because if you want to purchase a house or a car they seller needs to know the history of the person or company
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