<span>An account that would be increased by a debit is A. cash.
Cash account is the only account among these up there which would be increased by a debit. Credit is the type of money which you take from your account; on the other hand, debit is the money that you pay into your account, so obviously you will have more money in your cash account if you pay money into it.
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The answer to the given statement above is TRUE. When we say Foot-in-the-Door Technique or the FITD technique, is a technique commonly used in social psychology wherein one is being convinced by the persuader through a modest request, which would then lead the respondent to agree with the said request.
Answer:
c. under both the capital stock and additional paid-in capital sections
Explanation:
In the given question, the corporation issued 40,000 shares for $50 par value and for cash $60 per share
So, it affects the two accounts, one is preferred stock and the second is additional paid-in capital.
The preference stock should be increased by $2,000,000 (40,000 shares × $50)
Whereas the difference of $400,000 (40,000 shares × $10) would be transferred to additional paid in the capital account
And, the preferred stock has come under a capital stock account that's why we considered both the things
<span>A nominal interest rate means very low interest rates therefore we can use money for long duration by paying very low interest rate. We can hold this money for land duration. We also invest this money in other investment plan that gives better returns. This nominal interest rate is very helpful for running any business.</span>
Answer:
The answer is: $200
Explanation:
Jacob's total expenses (current and expected) are:
- rent and utilities $700
- food $350
- student loan $350
- personal expenses $200
- expected auto insurance and repairs $200
Total expenses = $1,800
If Jacob's take away salary is $2,000, he will only have $200 (= $2,000 - $1,800) for a car loan or lease monthly payment.