Answer:
Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows. Accounting is the recording of financial transactions along with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses. Accounting is also a field of study and profession dedicated to carrying out those tasks.
Explanation:
Being aware of one's expectations is to keep them in check and to ensure that they are realistic. This is one of the ways to practice <u>Effective Parenting.</u>
<h3>Dangers of Unrealistic Expectations</h3>
Some of the dangers of unrealistic expectations are:
- Friction
- misunderstandings
- frustrations
- damage to the self-esteem of the kids and stifle healthy mental development of the kids
See the link below for more:
brainly.com/question/5345351
Answer:
the fund balance is $1,727,056.25
Explanation:
The computation of the fund balance is shown below:
Given that
PMT = $125,000
NPER = 10
RATE = 7%
PV = $0
The formula is shown below:
= -FV(RATE,NPER,PMT,PV,TYPE)
After applying the above formula, the fund balance is $1,727,056.25
Here basically the future value formula should be applied