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labwork [276]
3 years ago
15

Accounts are classified in the ledger a. alphabetically b. chronologically c. so that accounts used most often are listed first

d. in accordance with their appearance in the financial statements
Business
1 answer:
Neko [114]3 years ago
6 0

Answer: In accordance with their appearance in the financial statements

Explanation:

The Ledger is a financial record book that classifies entries, into either money entering a business (credit) or money leaving a business (debit). The information in the ledger is documented based on how they appear in the financial statement of a business.

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3 years ago
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conflict of loyalty  

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3 years ago
At December 31, 2011, Newman Engineering’s liabilities include the following:1. $10 million of 9% bonds were issued for $10 mill
Nadusha1986 [10]

Answer:

total long term debt: 24,000,000

Explanation:

the 1988 bonds will be long-term debt as there is no suggestion to the option to be exercised.

The 1978 bonds will be current liabilities as they matures at 2012

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the note payable has an agreement with the bank to not claim it at least until June 2012 The most probable reason is that the 1978 bonds are generating this situation, so once they are retired the normal 2 to 1  ratio will be acomplished, so the note payable will be kept at long term debt

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