Table 24-8
the Table Below Lists Annual Consumer Price Index

question 5

Short Answer

Table 24-8
The table below lists annual consumer price index and inflation rates for a country over the period 2010-2013. Assume the year 2010 is used as the base year.
$$\begin{array} { | l | l | l | } \hline \text { Year } & \begin{array} { l } \text { Consumer } \\\text { Price Index }\end{array} & \text { Inflation Rate } \\\hline 2010 & 100 & \\\hline 2011 & 120 & \mathrm {~B} \\\hline 2012 & \mathrm {~A} & 15 \% \\\hline 2013 & 134 & \mathrm { C } \\\hline\end{array}$$
-Refer to Table 24-8. Calculate the missing value that belongs in space A.

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Definitions:

Chart of Accounts

An organized list of all accounts used by an entity in its accounting system, facilitating the recording, reporting, and analysis of financial transactions.

Chart of Accounts

An organized list of all accounts in a business entity's financial records, each account accompanied by a reference number.

Account Numbers

Unique identifiers assigned to individual accounts within a company's accounting system, facilitating organization and tracking of financial transactions.

Ledger

A book or other collection of financial accounts of a particular type, often the final record where data from journals is compiled.