Chart of accounts refers to listing or arranging various accounts for the ease of locating them. Listing is done based on the order of appearance beginning with balance sheet and then income statement.

The order starts with assets, followed by liabilities and stockholders' equity from the balance sheet and revenue and expenses from income statement.

So, the correct order is stated in option (b).

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3 years ago

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20 people applied for a job. Everyone either has a school certificate or diploma or even both. If 14 have school certificates an

STatiana [176]

Given:

Either has a school certificate or diploma or even both = 20 people

Having school certificates = 14

Having diplomas = 11

To find:

The number of people who have a school certificate only.

Solution:

Let A be the set of people who have school certificates and B be the set of people who have diplomas.

According to the given information, we have

$n(A)=14$

$n(B)=11$

$n(A\cup B)=20$

We know that,

$n(A\cup B)=n(A)+n(B)-n(A\cap B)$

$20=14+11-n(A\cap B)$

$20=25-n(A\cap B)$

Subtract both sides by 25.

$20-25=-n(A\cap B)$

$-5=-n(A\cap B)$

$5=n(A\cap B)$

We need to find the number of people who have a school certificate only, i.e. $n(A\cap B')$ .

$n(A\cap B')=n(A)-n(A\cap B)$

$n(A\cap B')=14-5$

$n(A\cap B')=9$

Therefore, 9 people have a school certificate only.

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3 years ago