Find the Logarithm Using the Change-Of-Base Formula $\log _ { 24 } 27.46$

question 26

Multiple Choice

Find the logarithm using the change-of-base formula.
- $\log _ { 24 } 27.46$

• A) \(1.4387\)
• B) \(1.0424\)
• C) \(0.9593\)
• D) \(1.1442\)

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Definitions:

Loss Accounts

Financial accounts within a company's books that represent expenses exceeding incomes, leading to a net loss.

Year-End

The end of an accounting period, typically culminating in the closing of books and preparation of financial statements.

Deferral

An accounting principle where revenue or expenses are recognized at a later date than when they were initially incurred.

Nominal Accounts

Accounts that are closed at the end of every accounting period, which include revenues, expenses, gains, and losses.