« previous next »

Author Question: Describe the purpose of an aging report. What will be an ideal ... (Read 56 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jul 12, 2018
Describe the purpose of an aging report.
 
  What will be an ideal response?

Question 2

What general ledger report discussed in this chapter shows income and expenses?
 
  What will be an ideal response?


mmpiza

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jul 12, 2018
Answer to Question 1

To monitor the accounts receivable; to know what monies are owed the business for how long, and by whom.

Answer to Question 2

Income statement; also called a profit and loss report.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

The following terms describe types of body movement that occur at the diarthrotic joints The following terms describe types of body movement that occur at the diarthrotic joints
The effects of aging can be seen in the decline in function of many physiological systems. The effects of aging can be seen in the decline in function of many physiological systems.
Young adults with low levels of parental support report significantly better scores on measures of ... Young adults with low levels of parental support report significantly better scores on measures of ...
Men and women report having fewer days with stressors as they go from middle to older adulthood, and ... Men and women report having fewer days with stressors as they go from middle to older adulthood, and ...
Cultures Ideal Body Types Cultures Ideal Body Types
Aging is more than biology. In some cultures, Jennifer Lopez, 43, would be considered elderly. Lopez ... Aging is more than biology. In some cultures, Jennifer Lopez, 43, would be considered elderly. Lopez ...
Video: Interspecific Competition Relationship - Competitive & Niche Differentiation

For a complete list of videos, visit our video library