Answer: b. preparing the financial statements
Explanation: As accounting involves recording, classifying, summarizing, and the interpretation financial information, the accounting process, is considered a series of procedures that are employed in the collection, processing, and communication of financial information. In the accounting process, journal entries are first adjusted (identifying and analyzing business transactions and events) after which they are posted. This represents the first and second steps. Then the adjusted trial balance is prepared, followed lastly by the preparation of financial statements. Therefore, the preparation of financial statements is completed last.
Answer:
Results are below.
Explanation:
Giving the following information:
Present value(PV)= $7,000
Number of periods (n)= 4 years
Interest rate (i)= 8% annually
<u>To calculate the future value of the investment, we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 7,000*(1.08^4)
FV= $9,523.42
<u>Now, the interest earned:</u>
Interest earned= FV - PV
Interest earned= 9,523.42 - 7,000
Interest earned= $2,523.42
<span>The answer is good faith. In
section 1-201 of the Uniform Commercial Code good faith is defined normally
as “honesty in fact in the conduct or transaction concerned.” Article 2 of the
U.C.C. says “good faith in the case of a merchant means honesty in fact and the
observance of reasonable commercial standards of fair dealing in the trade.”
Similarly, Article 3 on negotiable instruments describes good
faith as “honesty in fact and the observance of reasonable commercial
standards of fair dealing,” an explanation which also applies to the provisions
of Article 4 on bank deposits and collections and Article 4A on funds
transfers. The U.C.C. enforces an obligation of good faith on the performance
of every contract or duty under its purview. The law also generally necessitates
good faith of fiduciaries and agents acting on behalf of their principals.
There is also a necessity under the National Labor Relations Act that employers
and unions bargain in good faith. </span>
This question is difficult to answer without any choices. The reason being that a physician's assistant performs a number of tasks. The physicians assistant does the primary check up of a visiting patient and then the physician takes a look at the patient. He also readies the patient for the main physician. I hope it helps you.
Cash.
A-C are all different forms of borrowed money. It is generally better to NOT borrow money to pay for something, because you will have to pay back the amount borrowed plus interest.