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damaskus [11]
3 years ago
15

On which accounting principle is the first step of the accounting cycle based

Business
1 answer:
AfilCa [17]3 years ago
8 0

There are 9 teps in the account cycle:

1. Record journal entries

2. Post entries to ledger

3. Prepare unadjusted trial balance

4. Adjust journal entries

5. Prepare adjusted trial balance

6. Record reversing entries

7. Prepare post-closing trial balance

8. Record closing entries

9. Prepare financial statements

The accounting cycle that allows a business to record all business transactions that eventually lead to preparation of their financial statements. This information is used for record keeping purposes of expenses and revenues.

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Answer:

Highlight four ways in which the running of public corporations...

Ensuring that appointment for senior and technical posts are done on merit.

Exercising the supervisory role of the government.

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3 0
3 years ago
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lora16 [44]

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An MNC issues ten-year bonds denominated in 500,000 Philippines pesos (PHP) at par. The bonds have a coupon rate of 15 percent.
skelet666 [1.2K]

Answer:

Option (b) 15.0 percent

Explanation:

Data provided in the question:

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Coupon rate = 15 percent

Now,

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Also, over the life of the bonds the exchange rate remains stable and until maturity the bonds are held

Therefore,

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3 years ago
In​ Keynes's liquidity preference​ theory, what variables determine the demand for real money​ balances? A. The demand for real
natita [175]

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Explanation:

According to Keynes the desire for liquidity or demand for money arises because of three motives:

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Mandel transferred property to his new corporation in a section 351 transaction. Among the several properties transferred by Man
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False

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