After You Import the Chart of Accounts, You Edit the _____And

question 1

Multiple Choice

After you import the Chart of Accounts, you edit the _____and ________accounts to add Opening Balances and as of dates.

• A)Asset and Liability
• B)Asset and Income
• C)Liability and Expense
• D)Income and Expense

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Definitions:

Yield To Maturity

The total return expected on a bond if held until it matures, including all interest and principal repayments.

Semiannually

Occurring twice a year or every six months.

Present Value

The current assessment of a future cash sum or cash flow streams, discounted at a defined rate of return.

Coupon

The interest payment made to bondholders, typically expressed as an annual percentage of the bond's face value.