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OLga [1]
1 year ago
11

Sana gill deposited $3,500 into a new business checking account to begin her new bookkeeping firm, gill bookkeeping. this busine

ss transaction would:__________
Business
1 answer:
OLga [1]1 year ago
4 0

Sana Gill deposited $3500 into a new business checking account to begin her new bookkeeping firm, Gill Bookkeeping. This business transaction would increase the company's cash, and increase Sana Gill's Capital.

<h3>A business transaction is what?</h3>

A financial exchange of commodities, money, or services between two or more people is referred to as a business transaction. A commercial exchange must have a measurable monetary value in order to be considered a transaction for accounting purposes. Business dealings will have an impact on the company's finances.

A long-term service contract might be as complicated as a business transaction, or it can be as simple as a cash purchase. The following requirements must be met for a transaction to qualify as a commercial transaction:

  • The deal can be valued financially.
  • The company and the third party engage in the transaction.
  • The deal is made on behalf of the company and not for a person's personal benefit.

To know more about "Business transaction" , visit : brainly.com/question/19512243

#SPJ4

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Suppose that you are a member of the Board of Governors of the Federal Reserve System. The economy is experiencing a sharp rise
monitta

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6 0
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What are the uses of shares in raising capital for an entreprise
Alja [10]

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8 0
3 years ago
If the MPC = .80, all taxes are lump-sum taxes, and the equilibrium GDP is $40 billion below the full-employment GDP, the size o
Sav [38]

Answer:

recessionary gap = 8 billion

so correct option is c) $8 billion

Explanation:

given data

MPC = 0.80

GDP = $40 billion

to find out

the size of the recessionary gap

solution

we get here first Multiplier  that is

Multiplier  = \frac{1}{1-MPC}     ..................1

Multiplier  = \frac{1}{1-0.80}

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so recessionary gap will be

recessionary gap = \frac{GDP}{5}     ................2

recessionary gap = \frac{40}{5}

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5 0
3 years ago
Question 1 which of the follow will happen if you miss a monthly credit card payment?
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3 years ago
What is one advantage of starting to invest as early as possible?
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Answer:

D: Your money has more time to grow.

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