Answer:
A detailed list of the accounts that make up the five financial statement elements.
Explanation:
The company's chart of accounts is the listing of all the accounts that the company has included as part of the five financial statement elements during a specific period of time.
The five financial statement elements are: assets, liabilities, equity (part of the balance sheet), expenses and revenues (part of the income statement).
Examples of accounts that can be part of a firm's chart of accounts are: land (asset), cash (asset), notes payable (liabilities), outstanding stock (equity), operating expenses (expenses), and sales revenue (revenues).
The chart of accounts can differ greatly from company to company simply because companies engage in vastly different economic activities.
People are known to engage in business every day. The answers to the question is below;
<h3>The
similarities between the business ventures of the Wander Girls and Roxanne Quimby</h3>
- Their businesses are both founded by women.
- They both encourages women in business ventures and other areas.
- They both encourages women to take care of themselves and not neglect themselves.
- They are advocate for self love for women.
<h3>The differences between the business ventures of the Wander Girls and Roxanne Quimby.</h3>
- Wander Girls are into travels specifically for women while Roxanne Quimby is into personal-care brand.
- Wander Girls is into service delivery while the other is into product delivery.
Roxanne Quimby is famous as she sell Burts Bees, a natural personal care brand. Elisha Brock, is known to be the founder of Wander Girls. It is an online community that aids and encouraging women to take themselves out by travel with the right resources and person.
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Principal Amount P = $ 48000
Rate of interest r = 6% = 0.06
Time interval t = 7
Formula for Interest I = P x r x t => I = 48000 x 0.06 x 7 => I = 2880 x 7
Total Interest for seven years would be $20,160
B is the answer a teenage requires between 7 to 8 hours sleep