Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

“Ledger is said to be the principal book entry and the transactions can even be directly
entered into the ledger account.” Elaborate and explain why journal is necessary.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9620708

Have any Question?


Related Questions in Business Economics

Advertisements suggest that a new window design can save

Advertisements suggest that a new window design can save $400 per year in energy cost over its 30-year life. At an initial cost of $8,000 and zero salvage value, using IRR, is this window a good investment? MARR is 8%.

There are 100 identical firms in a perfectly competitive

There are 100 identical firms in a perfectly competitive industry. Market demand is given by -200P +8000. If each firm has a marginal cost curve, MC = .4 q + 4. What is the firm's supply curve? What is market supply? Wha ...

Youre trying to find out how many students who graduate

You're trying to find out how many students who graduate with accounting degrees from large universities are employed at graduation. You design an experiment where you collect information on several variables from recent ...

Why are scattered plots necessary when investigating the

Why are scattered plots necessary when investigating the relationship between quantitative variables?

A production system has two spares of a critical component

A production system has two spares of a critical component that have average uptime 1/lamba = 1 month. Find the probability that the 3 components (the operating one and the two spares) will last more than 6 months. Assum ...

In a certain survey of 1040 adults 88 reported having more

In a certain survey of 1,040 adults, 88% reported having more than one television at home. Find the actual number of respondents corresponding to the given percentage. The number of adults who reported having more than o ...

1 a cpu manufacturing company knows based on the machines

1. A CPU manufacturing company knows, based on the machines working at maximum productivity, that 90% of the CPU's coming off the line meet quality standards.  The quality control inspector pulls 25 CPU's off the line to ...

C 4005timesy - tg215 billion ip50 billion and t10

C = 40+0.5×(Y - T) G=$215 billion, IP=$50 billion and T=$10 billion. Y=C+IP+G What is the equilibrium income level? Suppose that government purchases are reduced by $100 billion. What is the new equilibrium level of inco ...

A random sample of 90 textbooks has a mean price of 100 and

A random sample of 90 textbooks has a mean price of $100 and a standard deviation of $1450. Find a 92% confidence interval for the mean price of the textbooks. Then find a 99% confidence interval and compare your results ...

Suppose the production function for a firm is given

Suppose the production function for a firm is given by:  q=4L 0.75 K 0.25 . If the firm currently has  10  units of capital (K) and  10  units of labor (L), then calculate the Marginal Rate of Technical Substitution (MRT ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As