Write 'T' against a true statement and 'F' against a false one.

A double-entry accounting system is an accounting system: Multiple Choice That records each transaction twice. That records the

ddd [48]

Answer:

That records the effect of each transaction in at least two accounts with equal debits and credits.

Explanation:

A double-entry accounting system is the accounting system in which it shows the impact of each transaction in terms of debit and credit. In this the amount of credit should be equivalent to the amount of credit that means both the amount should be equivalent to each other

hence, the second option is correct and the same is to be considered

3 0

3 years ago

Which of the following is NOT an investment in human capital?

Naddik [55]

Answer:

c is if not I'm sorry but I'm pretty sure

8 0

3 years ago

If a nation exports fewer goods than it imports, it:

andrew11 [14]

Answer:

b. 1 and 4

Explanation:

Current account contains information on a country's trade balance plus net income and direct payments

Export is when a country sells its product to other countries.

Import is when a country buys goods and services from other countries

When import exceeds export it means that the country is spending more than it receives as income from import. Thus, there's a deficit in the current account. A deficit occurs when import exceeds export

I hope my answer helps you

7 0

3 years ago

The annual coupon rate is 2%, but coupons are paid semiannually. The yield to maturity was 1.85%. If the par value is $100,000,

erastova [34]

Answer:

Hi the number of years to maturity for this Bond is missing. I have tried to search for the full question online but could not find it. However, I will help you get the technique to solve this problem.

The amount of money you pay for the Bond is its Present Value (PV) normally called Current Price of the Bond.

To calculate this, you should have the other remaining elements of the Bond which are : Coupon rate (PMT) , Period of payments within a year (P/YR), Yield To Maturity (YTM), Par Value (Future Value of Bond).

So assuming that the Bond in question matures in 5 years the calculation will be as follows :

Pmt = (1,000,000 × 2%) ÷ 2 = $10,000

Ytm = 1.85 %

Fv = $1,000,000

P/yr = 2

N = 5 × 2 = 10

Pv = ?

You would pay $1,007,132 for this bond

7 0

3 years ago

A company's beginning Equipment account is $100,000. It purchased $10,000 of new equipment and sold $4,000 of its equipment duri

tankabanditka [31]

The company's ending Equipment balance equals a $106,000 balance.

<h3>Ending Equipment balance</h3>

Using this formula

Ending Equipment balance= Beginning Equipment balance+New equipment- Ending Equipment balance

Where:

Beginning Equipment balance=$100,000

New equipment=$10,000

Ending Equipment balance=$4,000

Let plug in the formula

Ending Equipment balance=$100,000+$10,000-$4,000

Ending Equipment balance=$106,000

Inconclusion the company's ending Equipment balance equals a $106,000 balance.

Learn more about ending Equipment balance here:brainly.com/question/24401217

8 0

3 years ago