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Rainbow [258]
3 years ago
10

A common approach to keeping a record of each customer's account receivable is to use a subsidiary accounts receivable ledger.a.

Trueb. False
Mathematics
1 answer:
Phantasy [73]3 years ago
4 0

Answer:

True

Step-by-step explanation:

The given statement is true as a common approach to keeping a record of each customer's account receivable is to use a subsidiary accounts receivable ledger. An account's receivable subsidiary ledger  is an accounting ledger that shows the transaction and payment history of each customer to whom the business extends credit.

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Can someone explain what geometric sequences are?
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Explanation:

A sequence is a list of numbers.

A <em>geometric</em> sequence is a list of numbers such that the ratio of each number to the one before it is the same. The common ratio can be any non-zero value.

<u>Examples</u>

  • 1, 2, 4, 8, ... common ratio is 2
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<u>General Term</u>

Terms of a sequence are numbered starting with 1. We sometimes use the symbol a(n) or an to refer to the n-th term. The general term of a geometric sequence, a(n), can be described by the formula ...

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where a(1) is the first term, and r is the common ratio. The above example sequences have the formulas ...

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You can see that these formulas are exponential in nature.

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<u>Sum of Terms</u>

Another useful formula for geometric sequences is the formula for the sum of n terms.

  S(n) = a(1)×(r^n -1)/(r -1) . . . . . sum of n terms of a geometric sequence

When |r| < 1, the sum converges as n approaches infinity. The infinite sum is ...

  S = a(1)/(1-r)

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Step-by-step explanation:

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