Question 7 The normal balance of the counter account that is used to close the accounts is in: a.You have no normal balance b.Debt G.Credit Question 8 The order of the financial statements is: a.Trial balance,statement ofowner eguityandbalance sheet b.Balance sheet, incomestatementandstatementof owner equity CStatementof owner eguity,balance sheetandincome statement d.Incomestatement statementof ownereguityandbalancesheet Question 9 The permanent accounts are: a.Assets, expenses and capital b.Assets, liabilities and equity C.Assets, liabilities, capital and expenses d.Assets, liabilities, equity and income

Q: 7) What is an ESOP? What are the characteristics and rules of an ESOP plan?

A: ESOP stands for Employee Stock Ownership Plan. It is a kind of employee benefit plan that gives the…

Q: Q6. Suggest a reagent for the following conversion. OH

A: In the conversion shown, the goal is to oxidize a secondary alcohol (2-butanol) to a ketone…

Q: What is Reg D?

A: Regulation D (Reg D): It may be a Securities and Exchange Commission (SEC) law confining exceptions…

Q: THE SMITH COMPANY Using the business transactions below, complete T-accounts for the Smith Company.…

A: T Accounts    1. Cash Account Particular Debit Particular Credit         To capital A/c…

Q: Q7-1. What is interest? Explain.

A: Interest is a financial term regularly used when money is lent or received as a loan. Interest…

Q: When are data in 3NF?

A:

Q: Question 8

A: When net credit sales is divided with average accounts receivable it results in receivable turnover…

Q: the difference between a W-4 form and W-2 form.

A: Form W-4: Employee’s withholding allowance certificate. This form is filled by employees for their…

Q: sury Stock for $180,000 mon Stock for $120,00 in Excess of Par for $60

A: The right answer is option a. Treasury stock for $180,000

Q: 1(1.25)/1.1+[1(1.25)3/(0.10-0.06)]/1.1 Simply the equation.

A: 1(1.25)/1.1+[1(1.25)3/(0.10-0.06)]/1.1

Q: Carefully explain the cross-sectional test of the CAPM.

A: The Capital Asset Pricing Model (CAPM) is a mathematical model that describes the relationship…

Q: please answer question 26

A:

Q: WHAT'S THE ANSWER TO D, E AND F?

A: Given, Net nonoperating obligations (NNO) Return on equity (ROE) Nonoperating return component of…

Q: how this 0.625 comes ?

A: Coupon bond comes with semiannual coupons at a certain rate.  This is the amount of cash received in…

Q: can you define small holdings

A: In the world of finance we can define small holdings as shown below:

Q: Describe about the NOL.

A: NOL means Net Operating Loss. This is a situation when company's deductions are more than it's…

Q: ou put 491-28 why is it 28 and not - 175?? Can you explain that please?

A: Most of the credit card companies compute their finance charges based on average daily balance.…

Q: Problem 9-12 (IAA)

A: “Since you have posted a question with many sub-parts, we will solve three sub-parts for you. To get…

Q: LO 7.4 Name the four main special journals.

A: Please see the next step for the solution

Q: 2. P5,300 quarterly at 2.67% compounded monthly

A: An equivalent simple annuity is used when the project has different lives and a company has to…

Q: 5 basic of pulic sector ethics

A: Ethics implies the arrangement of rules that the association ought to follow. While in business,…

Q: what is 2 plus eight ?

A: The given sentence "2 plus eight" can be symbolically represented as 2+8. Thus, 2+8 is 10.

Q: about Question D and E?

A: Answering the part D and E as specifically asked

Q: can you answer d

A: Indifference curve is graph showing the different combination of risk and return for the given level…

Q: What is the importance of a Form 8-K? What is the importance of a proxy statement?

A: Importance of a Form 8-K:   Form 8-K is issued by a company when there is something unique or…

Q: 15. Briefly discuss the following: a. Meaning of ARR and reasons for its continued popularity. b.…

A: ARR is commonly used in capital budgeting decisions to decide whether acceptable or not.