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4 years ago

Write at list 4 point about book and account

Business

1 answer:

Schach [20]4 years ago

4 0

Explanation:

Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as "real" bookkeeping, any process for recording financial transactions is a bookkeeping process.

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4 years ago

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Paid $7,000 of accrued taxes at the time the plant site was acquired. choose an account title 2. Paid $200 insurance to cover a

xenn [34]

Answer: Please refer to Explanation

Explanation:

Hello. Your question was not complete as it lacked certain options.

I have attached it to this answer.

1.Paid $7,000 of accrued taxes at the time the plant site was acquired. LAND because it was an expense that was needed to acquire the land so it is capitalized

2. Paid $200 insurance to cover a possible accident loss on new factory machinery while the machinery was in transit. EQUIPMENT

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4 years ago

Suppose the yield on short-term government securities (perceived to be risk-free) is about 4%. Suppose also that the expected re

iogann1982 [59]

Answer: 10%

Explanation:

The Capital Asset Pricing Model or CAPM for short can be used to calculate expected return in the following manner,

Expected return = Rf+B(Rm-Rf)

Rf = Risk free rate

B = Beta

Rm= Market return.

Plugging the figures in we have

Expected return = Rf+B(Rm-Rf)

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= 0.1

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4 years ago

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3 years ago

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An industry is composed of 10 firms, all with equal sales. the four-firm concentration ratio in this industry is

Klio2033 [76]

The four-firm ratio is the concentration ratio between the total sales accumulated by the four largest industrial firms to the total sales of all firms present in an industry. This translates to the mathematical expression of

four-firm ratio = (total sales of four largest firms / total sales)

Since, we are given that all 10 firms have the same sales, we let the sales be equal to x.

total sales of four largest firms = 4x
total sales = 10x

The ratio is then,

four-firm ratio = 4/10

Converting this to percentage will yield us an answer of 40%.

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3 years ago

Write at list 4 point about book and account​

Write at list 4 point about book and account