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4 years ago

What is a ledger?

Business

2 answers:

lana66690 [7]4 years ago

4 0

Answer: (A) A company's main book for recording transactions

Explanation:

A ledger is the organization principle book in the company for recording all the economical transactions. The ledger is also known as the computer file and it is basically measured in the monetary unit in the form of account type which contain all the credits and also the debits balance.

A ledger is the type of computer file which is present permanently in the form of summary of all the transaction. Therefore, Option (A) is correct.

arsen [322]4 years ago

3 0

A ledger is a company's book for recording transactions. Usually referred to as an account book.

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Explanation:

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Now computing cash payback period.

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3 years ago

Root and Vine is a gardening collective and local delivery service started by two friends. Their clientele has grown, and they w

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3 years ago

Read 2 more answers

Barry’s Steroids Company has $1,000 par value bonds outstanding at 13 percent interest. The bonds will mature in 40 years. If th

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Answer:

$principle payement = 1.75$ %

Explanation:

From Appendix D

Present Value of Interest Payments

PVA = A × PVIFA (n = 40, i = 13%)

A = 0.13 * 1000 = 130

$PVIFA = \frac{1 - (1-\frac{r}{t}^(-m\times t)}{\frac{r}{t}}$

$PVIFA = \frac{1 - (1-\frac{0.13}{40}^(-40)}{0.13}$

= 7.650

PVA = $130 × 7.650 = $994.5

From Appendix B

Present Value of Principal Payment

PV = FV × PVIF (n = 40, i = 13%)

PV = $1,000 × .0075 = $7.5

here PVIF value AT 40 YEAR FOR 13 % is 0.0075

Present Value of Interest Payments = $994.5

Present Value of Principal Payment = $ 17.5

Total Present Value the Bond = interest payment + principal payment = $ 856.96

$principle \ payement = \frac{17.5}{994.5} \times 100$

$principle payement = 1.75$ %

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3 years ago

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Answer:

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