Complete the Following Arithmetic Problems $\text { "V" is } 56 _ { 16 }$

question 15

Short Answer

Complete the following arithmetic problems.
-The hexadecimal ASCII for $\text { "V" is } 56 _ { 16 }$ Find the decimal ASCII for “Y”.

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Definitions:

Adjusting Entry

An accounting journal entry made to update the accounts and reflect the correct financial position before financial statements are prepared.

Liability Account

An account on the balance sheet that represents obligations to pay debts or amounts owing to lenders, suppliers, employees, or other creditors.

Rent Received

Income earned from leasing out property or equipment to another party.

Materiality

A principle that dictates that all significant information that could influence the decision-making process of users of financial statements should be disclosed.