All categories

2 years ago

Explain the difference between a checking and a savings account

Business

1 answer:

lianna [129]2 years ago

6 0

Answer: Heyaa! :)

Saving Account

→ income not spent, or deferred consumption. Methods of saving include putting money aside in

Checking Account

Offers easy access to your money for your daily needs ←

The main difference between checking and savings accounts is that checking accounts actually used on the daily while savings accounts are primarily for saving money.

Hopefully this helps you !

- Matthew ~~

You might be interested in

When a government creates a budget, it is seeking a way to spend as much revenue as possible. cut spending to a bare minimum. re

Nataly_w [17]

Answer: D.) Allocate money to programs and projects

Explanation: just took the test. Quizlet.

3 0

3 years ago

Read 2 more answers

Layla made a snide remark to her colleague that he "looks at the customer like henry ford probably did." what did she mean by su

Anarel [89]

She made a snide remark means she's looking to her colleague in a negative or insulting way. If her action is can be compared with how he looks at the customer like henry ford probably did.

Henry Ford is a well-known businessman. What Layla tried to show is that she collogue should treat well their customer because of the source of their money or company's income.

8 0

3 years ago

"Snoop Company sells collectibles. The following information summarizes Snoop Company's operating activities for the most recent

Mkey [24]

Answer:

The answer is $30000

Explanation:

$ $

Sales 195000

Less cost of sales

Opening stock 12000

Add purchases 97000

109000

Less closing stock 6000

103000

Gross profit 92000

Less operating expenses 62000

Operating income 30000

The operating income is $30000

4 0

4 years ago

A local electricity - generating company has a monopoly that is protected by an entry barrier that takes the form of:________. a

lisov135 [29]

Answer:

a. economies of scale.

Explanation:

Local electricity companies generally have natural monopolies resulting from both economies of scale and/or control of natural resources. Economies of scale refers to the average total costs decreasing as the total output generated by the company increases. For example, it is extremely expensive to generate electricity for 1 single home, but the average total cost for generating electricity for 1 million homes is very low. Generally utilities are monopolies because it is very expensive to set and start operating the company, but once it is operating its average costs per consumer are very low.

4 0

3 years ago

What jobs would require a point count sample on soil particles?

liraira [26]

Answer:

The soil particles sank in the water as it is heavier. It is different from the soil and sand as the lighter particles of the sand are suspended. Soil in the soil bottle looks grainy.

Explanation:

The soil in the soil bottle is just particles of soil whereas that in the soil and sand bottle is a mixture of the soil and sand. The particles at the bottom are the particles with the largest grain size and the heaviest among the soil and sand particles.

Explanation:

5 0

3 years ago