What is a real account?

Answers

Answer 1

Answer:

A real account is an account that will not close at the end of the considered year. So apparently, balances in real accounts are carried over to become the the start of balances of the next year/period. Real accounts are also permanent accounts.


Related Questions

What were the two main opposing views of Adam Smith and Karl Marx?

Answers

Answer:

Adam Smith, author of "The Wealth of Nations", was a staunch believer in the free market and private property. Karl Marx, on the other hand, believed that the free market was destroying the world and leading to the "exploitation" of the middle class and the poor.

Donny owns and leases a coal mine to brian. the lease agreement states that brian will pay donny $4 per ton royalty on coal mined. what is brian's percentage depletion deduction for the current year from the information given below? gross income from coal $250,000 income from trucking coal 20,000 royalty paid donny 30,000 taxable income on coal (excluding depletion) 40,000 coal depletion rate 10%

Answers

Answer: $25,000

Explanation:

Given Data:

Gross income from coal = $250,000

Income from trucking coal = $20,000

Royalty paid to Donny = $30,000

Taxable income on call excluding depletion = $40,000

Coal depletion rate = 10%

Lease agreement = $4/ton

Therefore:

brian's percentage depletion deduction for the current year is

= gross income x coal depletion rate

= $250,000 x 0.1

=$25,000

How should you dress for a phone interview? (Site 1)
online content

Answers

Answer:

You should at least have a nice top on because only the camera will see that. If you are a girl you could just wear a dress, probably a black one because that is what I wore to my interview yesterday because there is no pattern or anything it's just a plain black one, but that was in person. if you're a guy you need to wear a suit and tie,but you could probably just wear shorts because they won't see the bottom half of you

Explanation:

I hope this helps out a little bit :-)

An interview is a formal process by which an employee is assessed for his/her performance by the employer.

For a phone interview, one should be dressed properly as the interviewer can see you through the camera.

For a girl, you should be dressed nicely and no revealing or extra shiny clothes should be wore.

In the case of a man, one should be properly dressed in suits or formal shirts.

Try to wear dark black or blue coloured clothes and sit in a properly lighted area.

To learn more about phone interviews follow the link:

https://brainly.com/question/3701296

The founders of the U.S. wanted to avoid establishing a permanent aristocracy or group of wealthy families who could control a great deal of the nation’s wealth. How is this idea related to estate and gift taxes?

Answers

Answer:

There are two points that I would like to single out that are very similar. First by implementing tax and gift taxes, Founding Father wanted to weaken families and business of that time, since there was a threat that rich families could become permanent aristocracy which over time could lead to the point where that families will rule the US. Second, by implementing those two taxes, government is taking a share from receivers since the receivers are getting some good that they did not earn it, they have just received it as a gift or as an estate. This way inheritance or gift would be of a much lesser value then it was before someone’s death or before someone made a gift. This was important because wealth of powerful families would just accumulate and grow so government of that time, strictly out of political reasons, prescribed those two taxes, so that the wealth will be smaller of value after tax.

The idea of avoiding an aristocracy by the founders of USA is related to estate and gift taxes because:

There was a need to reduce the influence of the wealthy

According to the given question, we are asked to show the link which the founders of America had to preventing aristocracy and imposing estate and gift taxes.

As a result of this, we need to remember than an aristocracy is a government based on the wealthy and influential members of the society and this was one of the things which the Founding Fathers of America sought to prevent.

With this in mind, we can see that they imposed gift and estate taxes which was specifically targeted at the extremely wealthy so that their influence would be reduced and the country would not become an aristocracy.

Read more here:

https://brainly.com/question/20830385

Using the information below compute the M1 money supply. Category Amount Currency and coin held by the public ​$600600 Checking account balances ​$1 comma 2001,200 ​Traveler's checks ​$10 Savings account balances ​$2 comma 8002,800 Small denomination time deposits ​$5,000 Money market deposit accounts in banks ​$1,000 Noninstitutional money market fund shares ​$2,000 The M1 money supply is equal​ to: ​$nothing

Answers

Answer:

Explanation:

Given the following :

CATEGORY - - - - - - - - - - - - - - - - - - - - AMOUNT

Currency and coin held by the public - - $600

Checking account balances - - - - - - - - - ​$1,200 ​Traveler's checks - - - - - - - - - - - - - - - - - $10 Savings account balances ​ - - - - - - - - - - $2,800 Small denomination time deposits - - - - ​$5,000 Money market deposit accounts in banks ​$1,000 Noninstitutional money market fund shares ​$2,000

The M1 money supply is composed of Traveler's cheque, Checkable deposits, currency and coins.

The M1 money supply is the sum of :

Currency and Coin Held by Public + Checking Account Balances + Traveler's Checks

$(600 + 1,200 + 10) = $1,810

Harlose Suits faced a lot of complaints from customers when its recent batch of goods was dispatched. The employees at Harlose Suits, hence, had to rework on the returned items, and in some cases, the company had to even replace the faulty goods. In this case, the costs incurred by Harlose Suits are an example of _____. a. prevention costs b. internal failure costs c. external failure costs d. appraisal costs

Answers

Answer:

c. external failure costs

Explanation

External failure costs are those costs incurred due to product failures after they have been sold and used by the customers to which such product are sold too. Although there are insurance policy ready to cater for this kind of loss incurred. The insurance Policy is called "Product Liability Insurance"

What are scarce resources

Answers

Answer:

Scarce resources are resources that are in limited availability.

Explanation:

Hope this helped:)

Answer:

Limited Goods or goods that are running out

Explanation:

Economic Definition of scarce resource. Defined. Scarce goods are also termed economic goods. Scarce resources are used to produce scarce goods. Like the more general society-wide condition of scarcity, a given resource is scarce because it has a limited availability in combination with a greater productive use.

Your new team is working hard, but they are all less experienced than you and don't complete their tasks as quickly. What would you be most and least likely to do?

Answers

Answer:

I would encourage them ,show them how the work is done and tell them to keep working harder

Explanation:

A clothing store sends out messages to cell phones of loyal customers informing them about offers. What can be a probable reason for the advertising to fail?
A.
limited details of offer
B.
precisely targeted audience
C.
instant feedback
D.
personalized message

Answers

Answer:

B. (Precisely targeted audience)

Explanation:

By telling only a fraction of people about the offers you arent creating enough buzz and letting a lot of people know about it.

Answer:

A. Limited Details of Offer

Explanation:

Got 100% on the test.

Also it's just common sense that Loyal Customers would not buy something that have limited details about.

PLEASE!!!
Which of the following is an example of economic globalization?


A. a chicken farm supplying eggs to the neighboring village

B. a mobile grocery selling organic food across New York City

C. an on-demand beauty salon that provides home service

D. a Japanese store selling tea and spices from South Asia

Answers

Answer:

The example that represents economic globalization is:

D. a Japanese store selling tea and spices from South Asia

Explanation:

The reason behind this answer is that globalization is the concept designed to understand the economic activity of a certain country outside its borders and engaging commercial activities in its zone with different countries or in zones further away. Then, because they are doing business around the globe they are doing a globalization economy.

For each stock in the stock market, the number of shares sold daily equals the number of shares purchased. That is, the quantity of each firm’s shares demanded equals the quantity supplied. So, if this equality always occurs, why do the prices of stock shares ever change?

Answers

Answer:

daf

Explanation:

Discuss the rationale of organizing an industrial strike in resolving employees dispute with the state, focusing on the detrimental effects strikes has on various stakeholders in an economy

Answers

Answer:

Strike action occurs when a group of

people or union suspend their working activities in order to make their displeasure known about certain factors which may include their working conditions. Strikes help in making sure there are changes and adjustments most of the time.

The workers on strike halt all types of production which leads to very little or no productivity at that moment in time. This translates to loss/debt being accrued as long as the strike is still ongoing.

what is a living will?

Answers

Answer:

A living will is a document that spells out what your wishes are if you're still alive, but unable to speak for yourself.

Explanation:

Answer:

A living will, despite its name, isn't at all like the wills that people use to leave property at their death. A living will, also called a directive to physicians or advance directive, is a document that lets people state their wishes for end-of-life medical care, in case they become unable to communicate their decisions. It has no power after death.

If you’re helping someone with their estate planning (or doing your own), don’t overlook a living will. It can give invaluable guidance to family members and healthcare professionals if a person can’t express his or her wishes. Without a document expressing those wishes, family members and doctors are left to guess what a seriously ill person would prefer in terms of treatment. They may end up in painful disputes, which occasionally make it all the way to a courtroom.

Debra's manager publicly reprimanded her in the department meeting. during the manager's 10 minute rant, debra sat quietly. after work, she went to her best friend's house and complained about her manager for two hours. at the end of the complaint session, debra was laughing at her friend's impression of the manager's rant. debra's response to her manager's hostility is best described as:

Answers

Answer:

Tend and befriend strategy

Explanation:

The tend and befriend strategy involves a person reacting to a situation by seeking for support from others (befriend) or supporting others (tend).

In this scenario Debra's manager publicly reprimanded her in the department meeting.

She did not react immediately but rather sought the support of her friend. She complained for two hours with her best friend to relieve the stress.

This is an example of tend and befriend reaction to stress.

Is a business plan a one time fee?

Answers

Answer:

i think so :)

Explanation:

Frank is an employee of guitar makers, llc. guitar's employee manual states that workers, such as frank, will be dismissed only for good cause. with respect to the employment-at-will doctrine, this is

Answers

Answer: An exception based on contract theory.

Explanation:

Contract theory is an agreement reached by two parties over a set of deal to be entered, these negotiation met guides what the agreement is all about, violators of the agreement would attract extra bodies(Law makers) to come into their decision. At Ilc, if the guitar producers only release their workers based on good cause, it's seen as a contract theory, based on what both parties agreed.

The manager of East India Ice Cream Shop keeps track of the number of customers served at different periods of the day in an attempt to plan a schedule for workers that matches the demand for the restaurant's products. By using this tracking system, the manager of East India is utilizing ________ control.

Answers

Answer: Output

Explanation: The output control system refers to one of the organizational control systems which is employed by business strategist and establishment in tracking the progress, growth, flaws and ways whereby an organization can improve, provide better services and ultimately make more revenue. The output control system is focused on that aspect of a business offering which can be quantified, such that executives could analyze the feedback and thus use it as a guide to provide and improve on future projects or services. In the scenario above, data was studied to identify peak periods in other to schedule worker's shift so that the organization would not fall short of workers at the time which they are mostly required.

Fred must have licensure in order to work as a Barber in New York State. When Fred proves that he has the training and skills needed to be a Barber, who provides the licensure?

Answers

Answer: the body governing control on business

Explanation:

The body responsible for issuing of tax in most countries and cities differs, in most cities an organization could be set up to monitor different business or a specific business or the state government of that city may stand up for such responsibility. It all depends on the state.

Answer:

the government

Explanation:

It's the government who give license to work as a barber, the policies change according to state. However, in general basics, it takes around 1500 hours of instruction, and the minimum age is 16 years old, to have high school diploma and past the licensing exam.

Which formula is NOT correct?
A) COGS=COGAS-EI
B) BI=COGS+EI-P-FI
C) EI=BI+P+FI-COGS
D) COGAS=BI+P+FI

Answers

Answer:

Explanation:

The answer is d the correct formula is COGS=BI+P+FI

In general, how long does it take to accomplish a long-term goal?
A.
a few days to a week
B.
a few weeks to a month
C.
a few months to a year
D.
more than a year
Reset
Next

Answers

Answer:

The answer is D.more than a year

Explanation:

In one of the training sessions in your company, you notice several members are not from the United States. These members are also reticent and not contributing to the session. What technique can you use to encourage these members to voice their opinions?

A. brainstorming
B. passing the clipboard
C. go-round
D. whole-group discussion

Answers

Answer:

Go-round

Explanation:

It is not uncommon that some people can be reticent and not contributing to discussion during a session. This does not mean that such people do not have anything to contribute but may just be shy .

One technique to encourage these members to express their opinion is by employing the go - round discussion method. This can give them the courage to voice their opinion when it is their turn to speak

how do you get into Harvard law school​

Answers

a gpa of 4 and above a good score is the sat a good student in the course before pursuing before the law good recommendations and any other talents you have

what is the law of demand and supply


Answers

Answer:The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.

Explanation:

What is an assessment of what you own and what you owe?
A.
Personal balance statement
B.
Cash flow statement
C.
Budget statement
D.
Liability statement

Answers

Answer:

The A. Personal balance statement is an assessment of what you own and what you owe

Explanation:

The reason behind this is that first, the cash flow statement pictures the flux of cash from arrival to departure. The budget statement lets us know the income and the payments pre-planned for a certain project. But they don't reveal the reality, it is just an estimate. Now, the liability statement only provides us information about our expenses. While the personal balance statement lets us know our cash, our accounts receivable, our debt, and our accounts payable. So, it provides us a whole picture of our financial status.

Answer:

A. Personal Balance statement

Explanation:

A personal balance statement outlines all of your assets and liabilities.

List five steps of the budget process

Answers

Answer:

1)The President submits a budget request to Congress

2)The House and Senate pass budget resolutions

3)House and Senate Appropriations subcommittees "markup" appropriations bills

4)The House and Senate vote on appropriations bills and reconcile differences

5)The President signs each appropriations bill and the budget becomes law

Explanation:

I put the five federal budget process steps. Hope this helps :)

Coach Sieb Has a treadmill desk. Walking on the treadmill will break down her triglyceride Levels 90% faster what is the percent that it breaks down while sitting

Answers

Answer:

0%

Explanation:

Base on the scenario been described in the question, where we saw coach Seib has 90% faster breaking her triglyceride Levels while working, when sitting, she has a 0% of breaking her triglyceride Levels because no movement, there will be no breakdown in the triglyceride Levels

Write a paragraph about the financial impact of the coronavirus on our country. What evidence have you seen?

Answers

Answer:

2.9 million more Americans have filed for unemployment, bringing the two-month total to more than 36 million. The US April unemployment rate has risen to a record 14.7%, with more than 20 million jobs lost last month.if more people keep being unemployed the world would be chaotic. And even worse millions can die from starvation and lose their homes.

Explanation:

Identify the careers that require a college degree and those that require technical training.
1. insurance sales agent
2. supply chain manager
3. office clerk
4. engine assembler
5. auditor
6. survey researcher
A. Technical Training
B. College Degree

Answers

Answer:

Some careers require college degrees whilst other require technical training. Careers requiring college degrees usually require one to have an in-depth theoretical as well as some practical knowledge of a subject such that the background knowledge would take years to learn.

Careers requiring technical training on the other hand are more practical in nature and as such do not require as much background knowledge and some training will be able to get the person into the career where they will then learn more as they do more.

College Degrees

Supply Chain Manager - they deal with the company's supply chain network and logistic strategies. This therefore requires a high degree of knowledge in data and processing, analytics, management strategies and the like.

Auditor - they ensure that company accounting is done in accordance with accounting standards and thus require in-depth knowledge in accounting.

Survey Researcher - they help conduct research for various subjects and have to deal with  interviews, focus groups, and the like. They will also have to analyze data which will require in-depth knowledge and training,

Technical training

Insurance Sales Agent - they sell insurance packages to people. This therefore needs only the knowledge of what the packages so and so requires technical training.

Office Clerk - they perform an array of jobs in the office including administrative and clerical tasks. This therefore requires training.

Engine Assembler - they construct engines by putting the different parts together and as this is more of a hands-on role, it requires more practical knowledge gained from technical training. However, there are some engines that will require knowledge of a degree level.  

Mason bought a rotisserie in preparation for a party he was planning. When he put a chicken on the rotisserie, it would not rotate, but stayed in one position where it burned the chicken on one side a left it raw on the other. Does Mason have any recourse?

Answers

Answer:

Yes Mason has recourse

Explanation:

In this scenario Mason bought a rotisserie that did not work as expected. That is it did not rotate as it should thereby causing burning of the chicken.

Even is the seller of the rotisserie did not give a warranty to cover the product, there is an implied warranty that covers the use of goods.

Implied warranty is the minimum requirement expected from the use of a product. For example a.television is expected to come on when in use..

So Mason has a recourse because he is covered by implied warranty.

Outstanding stock of the Whispering Winds Corp. included 39000 shares of $5 par common stock and 13000 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Whispering declared and paid dividends of $3900. In 2020, Whispering declared and paid dividends of $11700. How much of the 2020 dividend was distributed to preferred shareholders

Answers

Answer:

$6,500

Explanation:

39,000 shares of $5 par common stock

13,000 shares of $10 par 5% non-cumulative preferred stock = $6,500 in preferred stocks dividends per year. Since the preferred stocks are non-cumulative, if they are not paid during one period, that dividend cannot be recovered in future periods.

In 2020, $11,700 were paid in dividends:

$6,500 were paid to preferred stocks$5,200 were paid to common stocks

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Why are hydrothermal vents capable of nurturing deep-sea life? A. They warm the water, creating a favorable temperature range for deep-sea life. B. They provide migratory routes for underground bacteria to emerge on the sea floor. C. They provide nutrients from Earths surface, which the deep-sea creatures can feed on. D. They provide the right conditions for the formation of chemicals, which bacteria can use as a source of energy. E. They provide migratory routes for vent creatures to emerge onto the sea floor, which deep-sea life can feed on. In the Calvin cycle, which of the following best describes the sources of the elements that combine to make sugar? A. The carbon and oxygen from carbon dioxide combines with the hydrogen and oxygen in water taken in during the Calvin cycle to make sugar.B. The carbon, oxygen, and hydrogen from stored sugars are reprocessed during photosynthesis to make new sugar molecules.C. 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I wrapped myself in a floor-covering and slept infront of the fire-I was very tired.-"By the Waters of Babylon,"Stephen Vincent BenetWhich statement best describes how the narratorresponds to the conflict?The narrator responds to his fear by staying in thebig room to learn more.The narrator responds to the conflict by killing thedogs with the bow and arrow from his father.The narrator responds to his conflict with the spiritsby using magic to defeat them.The narrator responds to his fear by burning downthe house of the gods, showing that he is no longerafraid. HELP ASAP 30 POINTS!~!!!You start with a penny which doubles each day for 30 days. How much money would you have after 30 days? The purpose of aqueduct was to A) to serve sewer system B) to attack the enemy in siege C) transport water over distances D) transport lumber from the mills Terry's investment of $2,200 in the stock market earned $528 in two years. 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