subject
Business, 19.11.2019 21:31 toya96

The chart of accounts is designed to
a. meet the information needs of a company's managers and other users of its financial statements
b. organize accounts in order of dollar amount to simplify the accounting information for users
c. alphabetize the accounts to make reading easier for financial statement users
d. summarize the transactions and determine ending account balances

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 13:00
Among the advantages of corporations are the ease of raising financial capital, professional management, and a. rapid promotions b. lower taxes c. limited liability d. specialization
Answers: 1
question
Business, 21.06.2019 21:00
Balance sheet the assets of dallas & associates consist entirely of current assets and net plant and equipment. the firm has total assets of $2 5 million and net plant and equipment equals $2 million. it has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1 5 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. a. what is the company's total debt? b. what is the amount of total liabilities and equity that appears on the firm's balance sheet? c. what is the balance of current assets on the firm's balance sheet? d. what is the balance of current liabilities on the firm's balance sheet? e. what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] f. what is the firm's net working capital? g. what is the firm's net operating working capital? h. what is the explanation for the difference in your answers to parts f and g?
Answers: 1
question
Business, 22.06.2019 07:30
What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.
Answers: 3
question
Business, 22.06.2019 19:50
At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)
Answers: 2
You know the right answer?
The chart of accounts is designed to
a. meet the information needs of a company's managers an...
Questions
question
Mathematics, 02.09.2020 19:01
question
Mathematics, 02.09.2020 19:01
question
English, 02.09.2020 19:01
question
Advanced Placement (AP), 02.09.2020 19:01
question
Mathematics, 02.09.2020 19:01
question
Mathematics, 02.09.2020 19:01
question
Mathematics, 02.09.2020 19:01
question
Geography, 02.09.2020 19:01
Questions on the website: 13722363