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agasfer [191]
1 year ago
7

An account is defined as a record of the business activities related to a particular item. True or false?.

Business
1 answer:
Natalka [10]1 year ago
3 0

An account is defined as a record of the business activities related to a particular item. The given statement is true.

Business activities can be divided into three categories: operating, investing, and financing. The cash flow statement includes a list of the cash flows that were generated and used by each of these operations. Net income on an accrual basis is supposed to be reconciled to cash flow in the cash flow statement.

Manufacturing, storage, accounting, sales, mergers and acquisitions, the issue of securities, etc. are some examples of business activities. The prompt completion of these tasks enables the businesses to survive and compete in the market.

Learn more about business activities here

brainly.com/question/7924898

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The original price of a television is $500 you have a coupon for 25% off excluding tax what is the cost of the tv
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Original price = $500

Assume that the tax rate is 8%
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The cost of the TV with a coupon for 25% off excluding tax is $405.

Answer: $405

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At December 31, 2017, Sager Co. had 1,200,000 shares of common stock outstanding. In addition, Sager had 450,000 shares of prefe
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During its first year of operations, mack's plumbing supply co. had sales of $630,000, wrote off $10,100 of accounts as uncollec
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Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,902.14. The bond has a coupon rate of 6.48 percent and m
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yield to maturity = 7.06%

Explanation:

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