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krok68 [10]
2 years ago
7

The currency of the united states consists primarily of metal coins and paper money.

Business
1 answer:
Yuki888 [10]2 years ago
4 0

a) True, the currency of the united states consists primarily of metal coins and paper money.

The united states dollar (symbol: $; code: USD; also abbreviated as US dollars or US dollars to distinguish it from other dollar-denominated currencies; referred to as dollars, U.S. dollars, US dollars, or colloquially dollars) is the official currency. her single currency of the united states and several other countries.

High-value coins are usually made of high-value metals. metal is durable. unlike stone, it does not break. unlike wood, it is hard to burn and hard to crack. metal is easy and cheap to shape and stamp.

There are seven US banknote denominations: $1, $2, $5, $10, $20, $50 and $100. The united states no longer issue larger denomination banknotes. B. 500, 1,000, 5,000, and 10,000 dollar bills. however, they are still legal tender and may still be in circulation.

Learn more about Currency here brainly.com/question/2202418

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qwelly [4]

Answer is given below

Explanation:

  • Asset is The property means and controls the business owner and its use will generate future financial benefits.
  • Liability is the current liability of an organization arising from past events, which is the flow of financial benefit from settlement.
  • Equity is the remaining interest in a company because its liabilities are deducted from the assets.
  • Revenue means income derived from the normal activities of the business.
  • Expense arises at time in the morning activities

S.no Particulars                         Answer

a         Advertisement expense expense

b         rent expense                         expense

c         rent receivable                  Asset

d         Machinery                          Asset

e         Account payable                  Liability

f         Furniture                          Asset

g         common stock                  Equity

h          Utility Expense                  expense

8 0
4 years ago
At the end of 2020, Pharoah Co. has accounts receivable of $762,200 and an allowance for doubtful accounts of $60,300. On Januar
MakcuM [25]

Answer:

To reverse the transaction, the journal entry is:

Date                    Account title                                              Debit             Credit

March 4, 2021    Accounts receivable - Megan Gray       $5,800

                           Allowance for doubtful accounts                                  $5,800

To record the receipt of cash:

Date                    Account title                                              Debit             Credit

March 4, 2021     Cash                                                       $5,800

                            Accounts receivable - Megan Gray                            $5,800

5 0
3 years ago
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Alekssandra [29.7K]

Answer: Bank Deposit

Explanation:

This relates to QuickBooks Online which is an accounting service that is provided to many small and medium size enterprises to help them with their accounts. It is very effective and easy to use.

When it comes to deposits other than customer payments, the relevant feature to use is the Bank deposit feature which can be found in the banking tab. You bank account can be linked to QuickBooks which would then update the your account when a bank deposit has been made.

4 0
3 years ago
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
amm1812
Risk is measured by the probability of loss. If one invested everything he had in 1 specific stock, and that stock drops in a major way, then he loses a lot. This is a high-risk setup. On the other hand, if one divides his portfolio into several stocks, then his risk is much lower, because it is less likely that all those stocks drop at the same time. So this is how mutual funds diversify their portfolios to lower risk, and the right answer is C.
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Answer:

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The budget component of the advertising plan is where all costs related to the advertising activity are laid out, stating when they are due and how they will be met

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