Answer:
a. It is a collection of all accounts with their activity and balances that exist in a business. - A general ledger
The General Ledger is the central record in an accounting system and contains a record of all financial transactions in the company.
b. It is a book of original entry that includes a chronological record of all transactions that Have occurred within a business during a period occurred. - A Journal
When a transaction takes place in a business, it is recorded first in a Journal. As such, a journal contains a chronological record of all transactions that have occurred within a business during a period occurred.
c. It is a list of each account and its balance at any given time and is used to verify that debits = credits
. - Trial Balance
The Trial Balance helps a business balance its debits and credits by listing them so then equating them to verify that indeed the debits match the credits.
d. It is a list of all ledger accounts which exist in a business and includes an identification number assigned to each account
. - A chart of accounts
Answer:
a.political corruption
Explanation:
This a nepotism form of political corruption. It is naming a close relative over the common people. It is using his power for illegitimate private gain.
This "inspection" creates no value to the economy and neither protects the windows from breaking.
Tammy is creating a fee to pay for his nephew office.
The real motivation is to extract funds from the taxpersons to her own personal benefit. This is an act of corruption.
Answer:
The difference between the wages at the two jobs plus 150.00.
Explanation:
There was a contract of one year and as per Severance pay h and H has to pay this amount.
Answer:
The answer is b) rise in price to target desperate last minute buyers.
Explanation:
Last minute buyers would buy the tickets despite the increase in price. Revenue is likely to be maximized from the premium in the tickets' price.
Answer:
$4,000,000
Explanation:
The computation of Present Value of Annuity is shown below:-
Present Value of Annuity = Amount ÷ Rate of Interest
Rate of Interest = 6.5% per year compounded weekly
or Rate of Interest = 6.5 ÷ 52
= 0.125% per week
Present Value of Annuity = Amount ÷ Rate of Interest
= $5,000 ÷ 0.00125
= $4,000,000
Therefore for computing the present value of annuity we simply applied the above formula.
