Advanced Placement (AP) High School

state the process of accouting??​

Answers

Answer 1

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities.

There are three steps in the accounting process those are Identification, Recording and Communicating.

Related Questions

Which of the following is likely to shift the supply curve right? increase in the price of rubber (tires) a tax on businesses that goes into effect immediately scientists find a way to make solar panels more efficient at no extra cost vast increase in hurricanes in the Caribbean (oil) the closing of 70% of a town’s restaurants

Answers

Answer:

Explanation:

The choices are:

- increase in the price of rubber (tires)

- a tax on businesses that goes into effect immediately

- scientists find a way to make solar panels more efficient at no extra cost

- vast increase in hurricanes in the Caribbean (oil)

- the closing of 70% of a town’s restaurants

The increase in price, tax, hurricanes and closing of restaurants will all reduce supply and shift the supply curve LEFT.

So the only answer left and also the correct answer is - scientists find a way to make solar panels more efficient at no extra cost.

Answer:

Explanation:

to shift the supply curve right, either the cost is lower or the demand increases so the ans is scientists find a way to make solar panels more efficient at no extra cost

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