Finance Questions
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Transferring info from a journal entry to a ledger account
A ledger that contains all accounts needed to prepare financial statements
The procedure for arranging accounts in a general ledger, assigned account numbers, and keeping records current
Writing an account title and number on the heading of an account
Cash paid for an expense in one fiscal period that is not used until a later period
The difference between total revenue in the total expenses when total expenses are greater
A financial statement showing the revenue and expenses for a fiscal period
Reporting income when the cash is received and expenses when the cash is paid
A fiscal period consisting of 12 consecutive months
Changes record on a worksheet to update general ledger accounts at the end of a fiscal period
Reporting income when it is earned and expenses when they are incurred
Journal entries recorded to update general ledger accounts at the end of a fiscal period
A financial statement reports assets, liabilities, and owners equity on a specific date
A columnar accounting form used to summarize the general ledger information needed to prepare financial statements
The difference between total revenue in total expenses when total revenue is greater
A proof of equality of Debits and credits in a general ledger
The length of time for which business summarizes it's financial information and reports financial performance
The real rate of return on a stock is approximately equal to the nominal rate of return:
Last year, T-bills returned 2 percent while your investment in large-company stocks earned an average of 5 percent. Which one of the following terms refers to the difference between these two rates of return?
Which one of the following categories of securities had the lowest average risk premium for the period 1926-2013?