What is the full form of CIMA, the professional body controlling the profession of Cost Accounting? Personal Institute of Managerial Accounting

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A: Journal Entry :— It is an act of recording transaction in books of account when transaction…

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A: Solution:- Preparation of report as follows under:- Note:- Average assets is $2,000,000

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Currency Market

The currency market, also known as the foreign exchange market, consists of currencies worldwide. This market determines the rate of all currencies based on the buying and selling of forex. It is an over-the-counter market. It is the largest and most liquid market based on trade volume.