Answer:
True
A liability is defined as somehing that a person or a company owes someone else.
Answer:
The SAP system records the accounting entries directly into individual customer accounts in the Accounts Receivable sub-ledger of the General Ledger and records the transactions indirectly into the Accounts Receivable Control Account in the General Ledger.
As each entry posted to an individual customer's account is also posted to the Accounts Receivable Control Account on the same side, the two accounts are always in balance. The corresponding entries are made in the right General Ledger account once.
When balances are extracted, the sub-ledger Accounts Receivable for individual customers are not extracted, but the Control Account balance is extracted for the Trial Balance.
Explanation:
As an integral part of sales management, the SAP maintains an Accounts Receivable sub-ledger for recording and managing accounting data of all customers. The postings in the Accounts Receivable component are also recorded indirectly in the Accounts Receivable Control Account in the General Ledger.
Type D The first step in creating a personal plan for managing stress is to design your plan. investigate support groups. seek professional help. identify your stressors.
Answer:
Equal
Explanation:
Market efficiency is the term which is defined as the degree to which the prices of the product in the market reflect or state all the relevant as well as available information.
When the market are efficient, then all the information is incorporated into the prices and there is no method to beat the market as there is no overvalued or undervalues securities will be available.
So, the financial market are efficient, then the price of the security is equal to the present value of expected cash flows of the firm.
Answer:
$18,594.10
Explanation:
Insurance company has to pay $10,000 for two year with rate of 5% since market rate remain same in both the bond.
X = PV (PMT, N, I/Y)
X = PV(10000, 2, 5)
X = 18594.1043
X = $18,594.10
