Answer:
overdraft
Explanation:
Unlike repaying loans, which are fixed repayments over a set period, overdrafts are a form of revolving credit, much like credit cards. This means that you can add to an existing overdraft (so long as you remain within your authorised overdraft limit) – or pay it off completely one day, then dip into it the next. Overdrafts are available for as long as the bank authorises them, and for as long as you pay the fees and charges that they incur.
The same salary, with a percent growth due to cost-of-living adjustment compounded yearly, would be <u>$ 56755</u> in five years.
A salary is a money paid monthly by your employer, especially if you are in a profession such as education, law, or medicine. Lawyers were paid huge salaries. The government has decided to raise salaries for all civil servants. Synonyms: Wages, Income, Wages, Fees Synonyms for salary.
Wages are hourly or daily wages for work done on a working day. The main difference between salary and hourly wage is that salary is a fixed payment agreed upon by both employer and employee. Wages, on the other hand, depending on hours worked and performance.
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Due to the return of merchandise Juniper Company needs to shift some numbers around to make sure the correct journal entry is in place. To do so, Juniper Company will debit $1,500 from Accounts Payable. Next, they will place a credit to of $1,500 to Merchandise Inventory.
