Find $\bigcap _ { i = 1 } ^ { + \infty } \left( 1 - \frac { 1 } { i } , 1 \right)$

question 103

Short Answer

Find $\bigcap _ { i = 1 } ^ { + \infty } \left( 1 - \frac { 1 } { i } , 1 \right)$

---

Definitions:

Income Summary

An account to which the revenue and expense accounts are transferred at the end of a period to summarize the results of operations.

Year

A period of time consisting of 365 days (366 in a leap year), used as a basic unit of time for most calendar systems to measure durations and segment accounting periods.

Adjusted Trial Balance

A list of all accounts and their balances after adjusting entries are made, used for preparing financial statements.

Statement of Financial Position

Another term for a balance sheet, detailing a company's assets, liabilities, and equity at a specific point in time.