A skeleton form of an account showing only the debit and credit columns is called a(n) a.

Question:

A skeleton form of an account showing only the debit and credit columns is called a(n)

a. Accounting equation.

b. T account.

c. Account balance.

d. Work sheet.

e. None of these answers.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Glencoe Accounting First Year Course

ISBN: 9780078688294

1st Edition

Authors: Andrée Vary

See More Books

Question Posted: Jun 16, 2022 02:21 AM

See More Questions

The debit and credit columns of XYZ's trial balance did not agree, A debit balance of $25,950 was entered in a suspense account and the following errors were subsequently identified: (1) A cheque...
What is the relationship between the debit and credit balances in the factory overhead account when the overhead is said to be underapplied? Overapplied?
For each mechanism in the following figures, (1) Sketch the kinematic diagram. (2) Identify the number of Links (N), 1-dof joints (J), 2- dof joints (J), and 3-dof joints (J3) (3) Calculate the...
What pricing system is used to price the water you use at your college or university? Does this pricing system affect your behavior about water use (length of showers, etc.)? How? Could you recommend...
Why is LP useful in project crashing?
A piano wire has a linear mass density of $5.00 \times 10^{-3} \mathrm{~kg} / \mathrm{m}$ and is under $1.35 \mathrm{kN}$ of tension. At what speed does a wave travel along this wire?
Let x represent the weight of a students school bag. Determine whether the random variable x is discrete or continuous. Explain.
How do the accounting treatments for charity services, patient discounts, contractual adjustments, and provision for bad debts differ in terms of their effects on patient service revenues and related...
1. What have been some of the economic impacts of the war in Ukraine on theRussian economy? (Discuss at least 2 different impacts) 2. Discuss two reasons why global food shortages may occur as a...
A B C D E 1 Account Debit Credit Impact on current ratio Impact on profit margin 2 Payroll expense 72,000 3 Accrued payroll 72,000 4 5 Depreciation expense 125,000 6 Accumulated depreciation 125,000...
How is the term credit in Chapter 3 different from credit in Chapter 4?
Double-entry accounting is a system that recognizes the different sides of business transactions as debits and credits: Debit: an entry on the left side of an account Credit: an entry on the right...
Building on Exercise 6.35, show how to implement exceptions using call with- current-continuation in Scheme. Model your syntax after the handler-case of Common Lisp. As in Exercise 6.35, you will...
Aesop was established in 1987. It was headquartered in Melbourne, and has offices and stores in many parts of the world. The company offers skin, hair and body care formulations.Since Aesop's...
Does the permission of a resources group is inherited to all the resources in that resource group? Explain and provide reasons.
1- What may be the steps of marketing research to decide where to open a new branch of a major bank? A detail analysis. 2-Which one of the five major marketing concepts would you use when you market...
Was the Civil War a "modern" war? Why or why not?
Combining functions: If f(x) = 3x + 8 and g(x)=x-4 1. fog(x) 2. gg(x) 3. fog (2) 4. Find the inverse of f(x) = = 5. Find the inverse of f(x) = = 8. Solve for x: 6. Write the equation for an absolute...
Let A be the PageRank transition matrix and let xk be a vector in the Markov chain with starting probability vector x0. Since n is very large, the direct multiplication xk+1 is computationally...
Suppose that a business sells 6-month subscriptions to its monthly magazine. On January 1, the company receives a total of $600 for 10 subscriptions. To record this transaction, the company debits...
The present value of the following cash flow stream is $5,800 when discounted at 8 percent annually. What is the value of the missing cash flow? YEAR..........................................CASH...
A 15-year annuity pays $1,750 per month, and payments are made at the end of each month. If the interest rate is 11.4 percent compounded monthly for the first seven years, and 8.6 percent compounded...
You have your choice of two investment accounts. Investment A is a 15-year annuity that features end-of-month $1,250 payments and has an interest rate of 6.15 percent compounded monthly. Investment B...
The board chair has asked management to develop some strategies to improve profitability and estimate the impact of the strategies on the hospital's return on equity (ROE). By how much would the 2021...
Discuss the ethical consderariion relayed to the use of information rechnology for organizational control how can organization ensure responsibility and transparent?
Can we justify the acquisition of Peloton Interactive Inc using NPV assuming the initial investment is 10% of the total market value of the company, 5% constant growth rate for the next three years...

A skeleton form of an account showing only the debit and credit columns is called a(n) a.

Question:

Step by Step Answer:

A skeleton form of an account showing only the deb...View the full answer

Glencoe Accounting First Year Course

Students also viewed these Business questions