The right answer for the question that is being asked and shown above is that: "d. It s a list of account titles in the order in which they can be found in the ledger." The statement that best describes a chart of accounts is that d. It s a list of account titles in the order in which they can be found in the ledger.<span>
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Answer:
Assets increase by $10,000
Total stockholders' equity increases by $10,000
Explanation:
Since in the question, it is given that, the purchase value of equipment is $100,000 and the exchanged value is $110,000
So, the difference of $10,000 ($110,000 - $100,000) would reflect that the assets would increase by $10,000 and the total stockholders' equity is also increased by $10,000
The exchange value is a combination of $70,000 in trade allowance and $40,000 was paid in cash
Answer: an extranet
Explanation:
An extranet is a private network that is controlled that gives access to vendors, suppliers, partners, vendors or a group of customers that are authorized.
Therefore, to reduce product development time, Caterpillar connected its engineering and manufacturing divisions with its active suppliers, distributors, overseas factories, and customers, through an extranet.
Amortization simply means the practice of spreading the cost of an intangible asset over the useful life of the asset.
Your question is incomplete as you didn't provide the amortization table. Therefore, an overview of amortization will be given.
It should be noted that amortization is usually expensed on a straight-line basis. In such a case, the same amount will be expensed for every period over the life of the asset.
For example let's assume that Janet borrows $2000 at 4% for 2 years. The interest that will be paid will be:
= $2000 × 4% × 2
= $2000 × 0.04 × 2
= $160
The interest here is $160. Based on the question, since $100 has been paid, it should lead to a lower interest that will be paid on the loan.
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Treasurer-person makes original journal entries in the general ledger and reporting system about events such as dividend payments and payments to creditors
<h3>What does us Treasurer do?</h3>
The Treasurer of the United States has direct oversight over the U.S. Mint, the Bureau of Engraving and Printing and Fort Knox and is a key liaison with the Federal Reserve. In addition, the Treasurer serves as a senior advisor to the Secretary in the areas of neighborhood development and public engagement.
<h3>Why is it referred to as a Treasurer?</h3>
Originally the phrase referred to the individual in charge of the treasure of a noble; however, it has now moved into wider use. In England at some stage in the seventeenth century, a function of Lord High Treasurer was used on a number of events as the 0.33 remarkable officer of the Crown.
<h3>What is the electricity of treasurer?</h3>
He is the individual accountable for controlling monetary complications, making reports, recording finances, and managing the have confidence financial institution accounts.
Learn more about Treasurer here:
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