Answer: The correct answer is b).meet the information needs of a company's managers and other users of its financial statements
Explanation: Chart of accounts refers to list of accounts of an organization. It shows at a spot how an organisation receives money and spends money.
Chart of accounts contains Assets, Liabilities, Income, Expenses and Equity.
Answer:
The amounted must be deposited today = $12628.19
Explanation:
The amount deposited by sister (present value) = $12000
Annual rate of return earned (r) = 10.1 %
Time ( n ) = 8 years
Now, in order to earn the same amount after 8 years with the interest rate of 9.4 percent. Therefore, the amount which is deposited at present will be:
Therefore, $12628.19, is the amount that must be deposited by me.
These are considered convenience goods
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
<span>balance sheet and income statement</span>