Answer: The correct answer is A. an account.
Explanation: Journal records transactions that have taken place in a particular ledger at a particular period/date and it can be used to correct the ledger balance or mispostings.
A ledger consists of the various accounts of an organization, the changes/movement in those accounts as journals are processed including their balances.
A trial balance consists a list of all the accounts, ledger codes and their balances at a particular time period and the total of all the accounts must be zero in a trial balance.
Although all the four elements: account, journal, ledger and trial balance are all interwoven and have to operate in unison, the definition in the question is for account. An account gives you detailed changes in all the elements of the financial statements.
Answer:
amount paid at a rate of 9% = 90000
amount paid at a rate of 7% = 170000-90000=80000
Explanation:
We have given total amount = $170000
Let amount paid at rate of 9% is x
Then amount paid at a rate of 7% = 170000-x
We know that sum of individual interest will be equal to total interest
So 
So amount paid at a rate of 9% = 90000
And amount paid at a rate of 7% = 170000-90000=80000
1. if any company run their business digitally they can get update information about their business and get immediate decision
2. IS provide time consuming product supplying system
3. company seen customer comments in their site
Answer: While the EMV is negative, the utility gained from purchasing the insurance is positive, and high.
Explanation:
The options to the question are:
A) He believes that the actual likelihood of his death occurring in the next twelve months is really much greater than the actuarial estimate.
B) While the EMV is negative, the utility gained from purchasing the insurance is positive, and high.
C) Mr. Weed is not rational.
D) A or C
E) None of the above
From the question, we are informed that Robert Weed is considering purchasing life insurance and that he must pay a $180 premium for a $100,000 life insurance policy.
His beneficiary will get $100,000 if he dies and get nothing of he doesn't die. Even though there's a 0.001chanve of him dying, he eventually bought the insurance.
The reason for him buying the insurance is because EMV he realized that the utility that he will derive from buying the insurance is positive, and high. He believed that paying $180 for a chance to get $100,000 was worth the risk even if he had a slim chance of dying.
