Answer:
needed to bring accounts up to date and match revenue and expense
Explanation:
The adjusting entries are the entries that are recorded to adjust the balance of the accounts. Its motive to match and equate the revenue and expenses accounts. It is to be recorded before the financial statements closed
It also follows the matching principle in which the revenues of the period should be matched with the expenses of that period.
Like: accrued expenses, accrued revenues, etc
Adjusting entries in accounting are necessary to bring accounts up to date and match revenue and expense. These entries, obligatory under GAAP, are made at the end of an accounting period to reflect unrecorded transactions or events, and are not the same as correcting entries.
Adjusting entries in accounting are primarily needed to bring accounts up to date and match revenue and expense. They are not an optional feature under Generally Accepted Accounting Principles (GAAP), but are rather necessary to maintain accuracy and compliance in financial reporting. These entries are not the same as correcting entries, which are made to fix errors, whereas adjusting entries are made at the end of an accounting period to reflect a transaction or event that has not yet been recorded. Adjusting entries are required irrespective of the size of the company, both small and large companies need to perform these entries to align with the matching principle of accounting.
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b. the equal protection clause
c. the due process clause
d. the enforcement clause
State governments are bound by the Bill of Rights thanks to the due process clause.
Further Explanation:
The due process clause can be found in the 5th amendment of the Bill of Rights. The goal of the due process clause is to ensure all citizens have their individual liberties protected. This means that no government can take these rights away from them. In this protection, this include the right to life, liberty, and property.
The due process clause is one of the many protections offered by the Bill of Rights. Other rights protected by this part of the constitution include:
1) Freedom of religion.
2) Freedom of speech.
3) Right to petition.
4) Right to peacefully assemble.
5) Right to bear arms.
The implementation of the Bill of Rights can be credited to the compromises made between federalists and anti-federalists at the Constitutional Convention.
Learn More:
Purpose of the Bill of Rights- brainly.com/question/1217187
Key Details:
Topic: American History, American Government
Grade Level: 9-12
Keywords: Due process clause, Bill of Rights, individual freedoms, liberties
b) desire for land and power
c) Canadian tax laws
d) different political philosophy
Answer:
I think it is B.) desire for land and power
Explanation:
B. must be a U.S. citizen
C. must vote in the place where you are a resident
D. must have a valid drivers' license
Answer: Must have a valid drivers' license is NOT a requirement for voting (Option D)
Explanation: The US law states that the citizen must be 18 years of age in order to vote. The person who is voting should be a United States citizen, so that there is no outside impact on elections. Moreover, you can only vote in the specific area where you are living in. This leaves us only with the option of having a driver’s license because it has nothing to do with a citizen giving a vote.
Answer: Sorting
Explanation:
Sorting is described as the process in which components are placed in a certain order or arrangement which provides ease to understand observe those components. Analyzation through this process becomes easy for viewer.
According to the situation described in question,Merril Lynch firm is using the method of sorting for organizing opportunities of investment into risk category and return category accordingly.It will help them to look at both the categories easily and make clear decisions in future .
Answer:
B).The entity has begun implementation of the restructuring.
Explanation:
Restructuring refers to the widely known corporate management program that includes the reconstruction or reorganizing the structures of a company that could be associated with legal, operational or any other structure related to it to make it more lucrative, profitable, organized and productive. This may be introduced to alter ownership rights or as a consequence of the incurrence of losses or buyout. The company has to meet certain criterions to ensure the provision of this program like the cost, plan, etc. Thus, among the given options the criterion that would not be a criterion to this program, is as described in option B as it exemplifies a later stage.