D) Trial balance is not a financial statement
A) Balance sheet is a financial statement,It is were the assests and the liabilities are recorded.
B)Income statement is also part of the financial statement. It is were the income and expenses are recorded for an entire year
C) Owner's equity is nothing but the value of the owners oney in the businesses . This section comes under balance sheet
D) Trial balance . Trial balance is part of the nominal ledger(not the purchase or sales ledger) or either financial statement
Therefore the odd one out is D
Answer:
a. revenues less expenses (order is not important)
Explanation:
In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
Dude I’m sorry but I can’t see the pic attached
Answer:
$5,983.40
Explanation:
Data provided in the question:
Principle amount = $5,000
Interest rate, r = 6% = 0.06
Time, t = 3 years
Compounded monthly i.e number of periods n = 12
Now,
Final amount = Principle × 
or
Final amount = $5,000 × 
or
Final amount = $5,000 × 1.005³⁶
or
Final amount = $5,000 × 1.196
or
Final amount = $5,983.40
