What is the main purpose of closing entries for revenues and expenses into Profit and Loss Summary? a. To determine the profit for period. b. To transfer the journalised entries to relevant ledger account. c. To check the accuracy of journal entries. d. To provide information of business ability to repay for the debt.

Answers

Answer 1

Answer:

A

Step-by-step explanation:

Revenues and expenses are closed every year so that the profit or loss can be determined for the yearly period.


Related Questions

Martha and Dave have 99$. Martha has 3 more than seven times as much money as Dave. How much does each person have?

Answers

Answer:

x = 12 m = 87

Step-by-step explanation:

x = Dave

(7x + 3) + x = 99

8x + 3 = 99

      -3     -3

8x = 96

----    ----

8       8

  x = 12

7(12) + 3

84 + 3

   87

Dave has 12 dollars, Martha has 87.

A person walks away from a pulley pulling a rope slung over it. The rope is being held at a height 10 feet below the pulley. Suppose that the weight at the opposite end of the rope is rising at 4 feet per second. At what rate is the person walking when s/he is 20 feet from being directly under the pulley

Answers

The image of this question is missing and so i have attached it.

Answer:

dd/dt = 4.47 ft/s

Step-by-step explanation:

From the image attached, let's denote the following;

d = horizontal distance beneath pulley

h = height of pulley

l = diagonal from the pulley to the head of the person

v = velocity of rope rising

Using pythagoras theorem;

l² = d² + h²

Differentiating with respect to time and considering h = c^(te) gives;

2l(dl/dt) = 2d(dd/dt)

We are given;

d = 20 ft

h = 10 ft

v = 4 ft/s

We know that velocity in this case is change in diagonal distance with time. Thus;

v = dl/dt = 4 ft/s

From earlier, we saw that;

2l(dl/dt) = 2d(dd/dt)

Thus, reducing it gives

(dl/dt)(l/d) = dd/dt

Now, l² = d² + h²

l = √(d² + h²)

Also, v = dl/dt = 4

Thus;

4(√(d² + h²))/d = dd/dt

4(√(20² + 10²))/20 = dd/dt

dd/dt = 4.47 ft/s

The volume of a rectangular prism with a cone shaped hole in it is approximately 163.22cm³ (as shown below).
✏️ What is the height of the cone?

Answers

Answer:

Height of the cone = 5 cm

Step-by-step explanation:

Volume of the rectangular prism with a cone shaped hole = Volume of the rectangular prism - Volume of the cone

Volume of the rectangular prism = Length × Width × Height

                                                       = 5 × 5 × 7

                                                       = 175 cm³

Volume of the cone = [tex]\frac{1}{3}\pi r^{2}h[/tex]

Here, r = Radius of the cone

h = Height of the cone

Volume of the cone = [tex]\frac{1}{3}\pi (\frac{3}{2})^{2}(h)[/tex]

                                 = 0.75πh cm³

Volume of the rectangular prism with a hole = 163.22 cm³

175 - 0.75πh = 163.22

0.75πh = 175 - 163.22

0.75πh = 11.78

h = 5 cm

A cylindrical vase has a volume of 192.5 cubic centimeters. The height of this vase is 5 centimeters. The formula for the volume of the cylinder is πr^2h where r is the radius and h is the height of the vase. Find the radius of this vase.(Given that π ≈ 22 / 7 )

Answers

Answer:

3.5 cm

Step-by-step explanation:

v = πr²h

r = radius

π = 22/7

h = height

192.5 = 22/7 x 5 x r²

divide both sides of the equation by (7/22 x 1/5)

192.5 x 7/22 x 1/5 = r²

r² = 12.25

find the square root of both sides

r = 3.5cm

Lila uses craft sticks to make stars for an art project. She uses 5 craft sticks for each star,and she has 19 craft sticks. Lila makes as many stars as she can how many stars does Lila make?

Answers

Answer:

3

Step-by-step explanation:

5×3=15 she would have 4 left but can't make a full star

Kraig deposited money into a money market account. It has an interest of 12% and is compounded annually. Kraig thought 3% would be the equivalent quarterly interest rate. Is Kraig correct? If he is, explain why. If he is not correct, state what the equivalent quarterly interest rate. Explain.

Answers

Answer:

If the amount is P, with the interest rate of 12%, the interest over the year is:

P*(1.12) - P = 0.12P

In this case the quarterly interest rate is:

0.12P/4 = 0.03P

With the same amount and 3% quarterly rate, the yearly interest would be:

P*(1.03)^4 - P = 0.1255P

The quarterly interest rate in this case is:

0.1255P/4 = 0.031375P

If the quarterly interest rate is r, it should be little less than 3% to yield a 12% yearly rate.

So Kraig is wrong.

I need help with this someone help me out

Answers

Answer:

answer is 10 (very easy)

Answer:

380. 1

Step-by-step explanation:

A=π r2=π. 11^2= 380.13271

PLzzZZHELPPPP


The angle between the top of a building and a point 80 feet away from the base (on level ground) is 70° . To the nearest foot, how tall is the building?

Answers

Answer:

220ft tall

Step-by-step explanation:

From the question we are given the following:

Adjacent side of the triangle = 80feet

Angle of elevation = 70°

Required

Height of the building (Opposite)

Using the SOH CAH TOA identity:

tan theta = opp/adj

tan 70 = H/80

H = 80tan70

H = 80(2.7474)

H = 219.79ft

Hence the building is 220ft tall

Step by step solution

Answers

Answer:

b is correct answer

Step-by-step explanation:

when we write logarithmic terms we change the result from number which is power of 3

Darryl won 80 super bouncy balls playing the bean bag toss at the county fair. At school he gave one to every student in his math class. he only has 55 remaining. How many did he gave away? show the work!

Answers

Answer: 25

Step-by-step explanation:

80 - 55 = 25 super bouncy balls given away

So he gave away 25 balls.

Ken makes $400 a week before a 5% raise, and then another 6% raise. What is his weekly pay now? Can someone please help me with this

Answers

Answer:

$445.20

Step-by-step explanation:

First, find his pay after the 5% raise:

400(1.05)

= 420

Find his pay after the 6% raise:

420(1.06)

= 445.2

So, his weekly pay is now $445.20

HELP ASAP ILL GIVE BRAINLIST

t/f If substituting the test point produces a false solution, we shade on the opposite side of the line.
t/f Elimination will give you an exact answer to a system of equations.

Answers

Answer:

TRUE If substituting the test point produces a false solution, we shade on the opposite side of the line.

FALSE Elimination will give you an exact answer to a system of equations.

Step-by-step explanation:

Weird, I thought I already answer this xD

please answer this question!!​

Answers

equilateral triangle
Yh equilateral triangle what he said

What is the solution to this equation?
6(x - 3) = 3x + 9
OA.X-1
OB.X=9
OC.X=3
OD X=-3
NO WRONG ANSWERS ILL REPORT YOUR ANSWER

Answers

6(x-3)=3x+9

6x-18=3x+9

6x-3x=18+9

3x=27

x=27 ÷3

x=9

Hope this will help you

The solution is x = 9, which is an option (B).

What is algebraic Expression?

Any mathematical statement that includes numbers, variables, and an arithmetic operation between them is known as an expression or algebraic expression. In the phrase 4m + 5, for instance, the terms 4m and 5 are separated from the variable m by the arithmetic sign +.

Let's simplify the equation by distributing 6 on the left-hand side:

6x - 18 = 3x + 9

Now, let's isolate the x terms on one side and the constant terms on the other side:

6x - 3x = 9 + 18

3x = 27

x = 9

Therefore, the solution to the equation 6(x - 3) = 3x + 9 is x = 9, which is option B.

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2 + 16 + 48 factorizar
alguien que me ayude??

Answers

Answer:

2*6*11

Step-by-step explanation:

I am not sure what your question is because I think you are asking the factor of these numbers. so u do 2+16+48 which is 66 and if you prime factorize it then you get 2*6*11. so the answer is 2*6*11.

What is the sum of the interior angles of a regular polygon with 13 sides?

giving 20 points!!

Answers

Answer:

1980

Step-by-step explanation:

13 sides

Number of sides n=13

The sum of interior angles of polygon =(2n−4)×90o

=(2×13−4)×90o

=(26−4)×90o

=22×90o

We get,

=1980

was gonna answer but they already answered

Find the area of the triangle

Answers

Answer:

Step-by-step explanation:11/2x(8-4)=22

22 because when you do b*h 1/2 = 22

The area of triangle PQR is 231 cm2 , and PQ = 21 cm. Find the altitude SR. Help me solve this

Answers

Answer:

SR = 22 cm

Step-by-step explanation:

area = bh/2

(21 cm)(h)/2 = 231 cm^2

21h = 462 cm

h = 22 cm

SR = 22 cm

Find the height of the triangle by applying formulas for the area of a triangle and your knowledge about triangles.

A. 3.7 yds
B. 5.3 yds
C. 2.6 yds
D. 1.9 yds

Answers

b i hope this helps !!

The height of the given triangle is 3.7 yds. Therefore option A is the correct answer.

We need to find the height of the given triangle.

What is the formula to find the area of the triangle?

The formula to find the area of the triangle is Area=√s(s-a)(s-b)(s-c).

Where s is the semiperimeter, a,b and c are sides of the triangle.

Now, s=6+10+14/2=15 yds

Area of a triangle=√15(15-6)(15-10)(15-14)=25.9

Area of triangle=1/2×14×h=25.9 square yds

⇒h=3.7 yds

Therefore, the height of the given triangle is 3.7 yds.

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find the value of x in the triangle.​

Answers

Answer:

The answer is 36°.

Hope it helps.

Step-by-step explanation:

• • •

Angles A and B are complementary to each other. If m2A = 26° + x and
m2B - 38° + X, what is the value of x?
A.) 13
B.) 14
C.) 58
D.) 18

Answers

Answer:

13

Step-by-step explanation:

Complementary angles add to 90 degrees

A+ B = 90

26+x  + 38+x = 90

Combine like terms

2x+64=90

2x+64-64 = 90-64

2x = 26

Divide by 2

2x/2 = 26/2

x = 13

(x+8)^2-2(x-8)(x-2)+(x+2)^2=15

Answers

Đáp án là vô lý bn nhé

At a Noodle & Company restaurant, the probability that a customer will order a nonalcoholic beverage is . 43. Find the probability that in a sample of 7 customers, fewer that 5 will order a nonalcoholic beverage.

Answers

Answer:

0.8716 = 87.16% probability that in a sample of 7 customers, fewer that 5 will order a nonalcoholic beverage.

Step-by-step explanation:

For each customer, there are only two possible outcomes. Either they order a nonalcoholic beverage, or they order an alcoholic beverage. The probability of a customer ordering a nonalcoholic beverage is independent of any other customer, which means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

At a Noodle & Company restaurant, the probability that a customer will order a nonalcoholic beverage is 0.43.

This means that [tex]p = 0.43[/tex]

Find the probability that in a sample of 7 customers, fewer that 5 will order a nonalcoholic beverage.

This is:

[tex]P(X < 5) = P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3) + P(X = 4)[/tex]

In which

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{7,0}.(0.43)^{0}.(0.57)^{7} = 0.0195[/tex]

[tex]P(X = 1) = C_{7,1}.(0.43)^{1}.(0.57)^{6} = 0.1032[/tex]

[tex]P(X = 2) = C_{7,2}.(0.43)^{2}.(0.57)^{5} = 0.2336[/tex]

[tex]P(X = 3) = C_{7,3}.(0.43)^{3}.(0.57)^{4} = 0.2937[/tex]

[tex]P(X = 4) = C_{7,4}.(0.43)^{4}.(0.57)^{3} = 0.2216[/tex]

Then

[tex]P(X < 5) = P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3) + P(X = 4) = 0.0195 + 0.1032 + 0.2336 + 0.2937 + 0.2216 = 0.8716[/tex]

0.8716 = 87.16% probability that in a sample of 7 customers, fewer that 5 will order a nonalcoholic beverage.

An eastbound train and a westbound train meet each other on parallel tracks heading in opposite directions. The eastbound train travels 6 miles per hour faster than the westbound train. After 2 hours, they are 276 miles apart. At what speeds are the two trains traveling

Answers

Both? or just the westbound?

Find the present value that will grow to ​$24000 if interest is 3​% compounded quarterly for 14 quarters. The present value is ​$ . ​(Round to the nearest cent as​ needed.)

Answers

Answer:

$21,616.26.

Step-by-step explanation:

24000 =P(1 + 0.03/4)^14

P = 24000 / (1 + 0.03/4)^14)

21,616.26.

=

The present value that will grow to ​$24000 if interest is 3​% compounded quarterly for 14 quarters is $21,482.40

To find the present value that will grow to $24,000 at 3% interest compounded quarterly for 14 quarters, we use the formula for compound interest:

[tex]PV = FV / (1 + r/n)^{(n*t)}[/tex]

Where:

PV = Present Value

FV = Future Value ($24,000)

r = Annual interest rate (3% or 0.03 as a decimal)

n = Number of compounding periods per year (quarterly, so n = 4)

t = Number of years (14 quarters = 14/4 = 3.5 years)

Substitute the values into the formula:

PV = [tex]$24,000 / (1 + 0.03/4)^{(4*3.5)}[/tex]

PV = [tex]$24,000 / (1 + 0.0075)^{(14)}[/tex]

PV = [tex]$24,000 / (1.0075)^{14}[/tex]

PV ≈ $21,482.40 (rounded to the nearest cent)

Therefore, the present value required for it to grow to $24,000 in 14 quarters at 3% interest compounded quarterly is approximately $21,482.40.

In this explanation, we used the formula for compound interest to calculate the present value (PV). The formula accounts for the future value (FV), the annual interest rate (r), the number of compounding periods per year (n), and the time in years (t). By plugging in the given values and performing the calculations, we arrived at the present value of approximately $21,482.40.

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applying the distributive property to the expression, 24x+18y will produce which equivalent expression.
1. 6(4+3y)
2. 6(4x+3y)
3. 3xy(8+6)
4. 3(8x+6y)

Answers

Answer:

6(4x + 2y)

Step-by-step explanation:

24x = 2 * 2 * 2 * 3 * x

18y = 2 * 3* 3 * y

Common factors = 2 * 3 = 6

24x + 18y = (6*4x) + (6*2y)   {6 is common in both terms}

               = 6*(4x + 2y)

What is the interquartile range (IQR) of this data set?
2, 6, 7, 11, 15, 16, 17

A.9
B.7
C.10
D.15

Answers

Answer:

11 is the median of the entire data set

6 is the median of the lower half and 16 is the median of the upper half data scores...

Subtract 16 from 6 gives 10 so the answer is C) 10

Answer:  Choice C)  10

=============================================================

Explanation:

The first step is to sort the data from smallest to largest. Luckily, that's already been done for us.

Next, we find the median. This is the middle most number of the set. In this case, the median is 11 since we have 3 values below it (2,6,7) and 3 values above it (15,16,17).

Let

L = {2,6,7}

U = {15,16,17}

where L and U are the lower and upper sets respectively.

In other words, anything in set L is lower than the median while anything in set U is above the median. The median itself (11) is not part of either set.

Notice how 6 is the midpoint of set L, while 16 is the midpoint of set U.

This means Q1 = 6 and Q3 = 16

Therefore,

IQR = Q3 - Q1

IQR = 16 - 6

IQR = 10

which is why choice C is the final answer.

The gift shop at a science museum sells lollipops that are made to look like the planets. Each lollipop is shaped like a sphere and has a radius of 12 mm. whats the volume of each lollipop! ANSWER THIS ASAP

Answers

Answer:

7238.23

Step-by-step explanation:

v=4/3πrcubed

solve it and get the answer

PLZ HELP ME I NEED TO GET THIS RIGHT 20 POINTS


1.) the table shows the weight in kilograms of 10 players on a college basketball team.

Weight (kg)
[54, 52, 65, 63, 62, 60, 58, 53, 51, 50]

Which statement is NOT true about this data?

A.) the median is one of the values listed in the table
B.) the mode of the data is 60
C.) the mean is less than the median
D.) the data set had no matter



2.) This table shows the amount of money in dollars that a group of seventh grade students spend on food each day.

Carol=2
Anna=3
Sophie=11
Tom=3
Jackie=1

Which measure of central tendency is most affected by the amount of money that Sophie spends?

A.) the median only
B.) the mean only
C.) the mode only
D.) the mean and the median


3.) This table shows the results of a survey that asked a group of people what time of day their favorite tv show aired.

5:00=3
6:00=5
7:00=10
8:00=21
9:00=25
10:00=15
11:00=12

What time corresponds to the mode of this set of data?

A.) 8:00 pm
B.) 9:00 pm
C.) 10:00 pm
D.) 11:00 pm​

Answers

Answer:

A, B, B

Step-by-step explanation:

1) A. The median is 56. There are two middle values 54 & 58. Add them together Snd divide by 2 = 56. 56 is is not of the listed values.

2) B. The mean or Adding all numbers together and dividing by total number of added digits is most affected by that much higher number. The mode, or most repeated number, is unaffected completely. As is the middle or median number in the list going from lowest to highest.

3). B. 9:00 pm is the most repeated survey result. Simple as that.

rachel rides her bicycle due east at 9 miles per hour amos rides his bicycle due north at 12 miles per hour if they left from the same point at the same time how far apart will they be after 1 hour

Answers

The distance between Rachel and Amos after one hour is 15 miles.

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables.

Distance travelled by Rachel after one hour = 9 mph * 1 h = 9 miles

Distance travelled by Amos after one hour = 12 mph * 1 h = 12 miles

Let x represent the distance between Rachel and Amos, hence:

x² = 9² + 12²

x = 15

The distance between Rachel and Amos after one hour is 15 miles.

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Using the Pythagorean Theorem, they will be 15 miles apart after one hour.

What is the Pythagorean Theorem?

The Pythagorean Theorem relates the length of the legs [tex]l_1[/tex] and [tex]l_2[/tex] of a right triangle with the length of the hypotenuse h, according to the following equation:

[tex]h^2 = l_1^2 + l_2^2[/tex]

For this problem, considering their directions, their distance is the hypotenuse of a right triangle of legs 9 miles and 12 miles, hence:

[tex]d^2 = 9^2 + 12^2[/tex]

[tex]d = \sqrt{9^2 + 12^2}[/tex]

d = 15 miles

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