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1 year ago

Accounting transactions are very important to a firm's operations. Which activity would affect the firm's account balances

1 answer:

3 0

Accounting transactions are very important to a firm's operations,the following activities would affect the firm's account balances -- analyzing major accounting statements to evaluate the financial condition of the firm.

What is the importance of accounting in business?

Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions

What is the main purpose of accounting?

The main objective of accounting is to record financial transactions in the books of accounts to identify, measure and communicate economic information. Moreover, tax reporting agencies require you to keep books at a minimum level that tracks income and expenditure

Learn more about accounting transactions :

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Answer: Inelastic demand

Explanation:

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3 years ago

A change from an inefficient mix to an efficient mix of output would best be represented with a production possibilities frontie

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It would be best presented as <span>movement from inside the PPF onto the PPF
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Answer: c. $1.994

Explanation:

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3 years ago

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Answer:

he started and managed a business.

Explanation:

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3 years ago

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Answer:

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Since revenue cycle is capturing of bills and payment for product or service rendered. The work mentioned in the problem is part of revenue cycle.

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