Answer:
A gain on the sale of a depreciated or to be depreciated asset.
Explanation:
A gain from sale of depreciated asset is added to net income while computing the net income.
While preparing the cash flow statement, using indirect method, we make adjustments to net income, in such adjustments, we decrease the value of gain recorded in such net income from sale of depreciated asset, as the entire amount of sale consideration is added in cash inflow from investing activity.
Thus the correct option for above is
Last Statement
A gain on the sale of a depreciated or asset which has to be depreciated.
Answer:
The answer is B
Explanation:
A comparative financial statement compares places two or more years financial statement together in order to compare.
It is always referred to as horizontal analysis because it is the same company and we are only comparing the previous years and the current year result which are placed side by side. Hence, the reason why it is called horizontal analysis.
Cash flow statement
hope this helps
Answer: General ledger
Explanation:
According to the given question, the company's general ledger is the term that is used to refers to the account that helps in balancing the specific account in the form of record, store and also summarizing all the transaction details of an organization by using the proper balance sheet chart.
The main role of the general ledger is that it helps in preparing the financial reports by including all the data such as revenue, liability, expense and the asset.
The general ledger is preparing the balance by using the transaction statement of the company's account.
Therefore, General ledger is the correct answer.
Answer:
We can first order the data from smallest value to largest value:
461
549
745
1500
1800
2000
3750
4795
68000
a) The mean is 9289, and the median is 1800
b) The data does have an outlier, which is 68000, because it is more that three standards deviations away from the mean, excluding this value, our new mean is 1950 and our new median is 1650. We can see that the greatest change in value was for the mean.
c) the median is more appropriate because the median is less sensitive to outliers. The mean can be easily swayed by outliers in either way, and this can give an erroneous impression of the data.
