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FromTheMoon [43]
4 years ago
7

Posting is the process of transferring items entered in a general journal to the: 1. worksheet. 2. trial balance. 3. general led

ger. 4. financial statements.
Business
1 answer:
Rashid [163]4 years ago
7 0

Answer:

The correct answer to the following question will be Option 3 (General ledger).

Explanation:

  • General Ledger is the full accounting of all the financial activities of the company across its lifespan. It contains all the documents which are preparing the reports of finance, including income, assets, investments, income, and expenditures.
  • It's an official paper that offers a comprehensive overview of the business transactions of the company.
  • An invoice, or general ledger key, is a number that is used to document business transactions in the ledger.

Therefore, Option 3 is the right answer.

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3 years ago
A firm has sales of $1,090, net income of $213, net fixed assets of $518, and current assets of $274. The firm has $88 in invent
shutvik [7]

Answer:

11.11%

Explanation:

Calculation for the common-size balance sheet value of inventory

First step is to find the Total assets

Using this formula

Total Assets=Net fixed assets +Current assets

Let plug in the formula

Total assets = $518 + 274 = $792

Second step is to find the Common -size value of inventory

Using this formula

Common -size value of inventory = Inventory/ Total assets

Let plug in the formula

Common-size value of inventory = $88/$792

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8 0
3 years ago
A bond pays annual interest its coupon rate is 9.2% lts value at maturity is $1,000. lt matures in 4 years. Its yield to maturit
zmey [24]

Answer:

Modified = 3.34

Macaulay = 3.55

Explanation:

Given :

Coupon rate = 9.2%

Value to maturity or face value = $1000

Yield to maturity = 6.2%

Years to maturity = 4 years

The bond duration in years cab be obtained using a financial calculator or excel ;

Inputting the values above into a financial calculator :

The modified duration is : 3.340

Tbe Macauley duration : 3.547

6 0
3 years ago
To better understand the needs of prospective customers, marketers use ______.
Slav-nsk [51]

To  better understand the needs of prospective customers, marketers use market  research.

<h3>What is marketing research?</h3>

Marketing research can be defined to be the business aspect that involves a business trying to find out the needs of the target market.

The business would like to gather all the necessary information that they would need for their target customers in order to better meet their needs.

Read more on Market research here:

brainly.com/question/24906199

6 0
2 years ago
What are the two main body cavities?
Darya [45]
Dorsal and ventral cavities
7 0
3 years ago
Read 2 more answers
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