Answer:
The personnel, procedures, devices, and records used by an entity to develop accounting information and communicate this information to decision makers.
Explanation:
Accounting system is a system used to organise financial information. Accounting system can be manual or electronic
Answer:
False.
Explanation:
In an interview for a job, there is no specific rule to be followed that an interviewee must follow. An interview is a perfect time to get to know more about the company's needs and also to advertise yourself.
But in case the job is no something that you like, then you must call the interviewer back and thank them for their time and also tell them the reason for the job rejection. Moreover, it is unethical to abruptly decline any job offer. Also, rejecting a job during the interview is not a standard procedure, for it will only make you seem more unethical and disrespectful.
Therefore, <u>it is not true that rejecting a job on the spot during an interview is a standard procedure.</u>
Answer:
Explanation:
The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.
And, the balance sheet comprises of the assets and liabilities. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.
The preparation of the statement of stockholders’ equity and the balance sheet is presented in the spreadsheet. Kindly find the attachment below:
The terms with the definitions of a treasury bill are as follows:
- Purchase price - The value of the T-bill less the discount.
- Discount - The interest of the T-bill.
- Maturity value - The face value of the T-bill.
- Effective rate - The actual interest rate.
<h3>What is a
treasury bill?</h3>
In financial market, the "Treasury Bill" (T-Bill) can be defined as short-term debt obligation backed by the U.S. Treasury Department with a maturity of one year or less which are usually sold in denominations of $1,000 while some can reach a maximum denomination of $5 million. For this instrument, the longer the maturity date, the higher the interest rate that the instrument will pay to the investor.
In a typical economy, the department of Treasury sells the T-Bills during auctions using a competitive and non-competitive bidding process. The noncompetitive bids are also known as non-competitive tenders which have a price based on the average of all the competitive bids received.
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