Analyze transactions- Post individual transactions into a single account, Transfer journal entries to ledger-Summarize data in the ledgers, Prepare the financial statements-Evaluate profit/loss of the firm, Record transactions in journals--Prepare income statement, Take a trial balance-Record financial data, Analyze source documents- Separate purchasing receipts from sales documents.
<h3>What is profit and loss?</h3>
Profit is the excess amount of the firm, which the business has attended in the financial year of working. I t includes the net profit. Loss is the amount that a firm occurred during a year, it covers the net loss of the firm.
Thus, the statement are matched above.
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Based on the amount budgeted and the cost of sight seeing, kari has almost exactly enough left in her budget to see genoa.
<h3>Which city should Kari see?</h3>
Exchange rate is the rate at which one currency is exchanged for another currency. In ths question, 1 dollar is exchange for 0.6859 euros.
- The first step is to convert the amount budgeted to Euros: 585 x 0.6859 = 401.25
- Cost in Euro of seeing Naples : 0.6859 x 71.06 = £48.74
- Cost in Euro of seeing Venice : 0.6859 x 113.38 = £77.77
- Total cost of the sightseeing = £48.74 + £77.77 + £68.77+ £95.41 + £49.69 + £60.85 = £401.25
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I think the answer is true although i'm not sure. please go back to your lesson and check, everything says there. I'm guessing you are home-schooled so just go through the lesson while doing the test, this way you will know for sure that you got everything right.
Anwser - 3:2 I’m not sure if u still need help
