Business College

How does the standard order of accounts in the general ledger and in adjusted
trial balances facilitate the preparation of financial statements?

Answers

Answer 1

the  standard order of accounts in the general ledger and in adjusted trial balances facilitate the preparation of financial statements help in the knowing the revenue of the company

What is financial statement?

financial statement help in the financial sector to know the profit as well as the loss of the organization.

Hence, with  standard order of accounts in the general ledger and in adjusted trial balances facilitate the preparation of financial statements help to the knowing the revenue of the company

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Related Questions


15) You are
encouraged to manage
your debt by:
A) Only
going into
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things you
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and have
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B) Making
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C) Getting
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Answers

Answer:

Only going to dept for things you really need and have planned for

An equipment manufacturer makes mixing equipment for the three large bread baking companies. Each company wants to make one small design change to meet its individual needs. The manufacturer can use __________ that makes it possible to custom-design products for small markets with very little increase in cost.

a. CAD/CAM technology b. robotics technology c. production management d. process manufacturing

Answers

The use of CAD/CAM will allow the manufacturer to make custom-design products for small markets with very little increase in cost.

What is the benefit of CAD/CAM?

Its means a Computer-Aided Design and Computer-Aided Manufacturing which are model that made it possible for custom-design products to meet the tastes of small markets with very little increase in costs.

Hence, the use of CAD/CAM will allow the manufacturer to make custom-design products for small markets with very little increase in cost.

Therefore, the Option A is correct.

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