Possibly that pay is too high?
Answer and Explanation:
The journal entry to record while receiving the note is shown below:
Notes receivable Dr. $14,000
To Accounts receivable $14,000
(Being receiving of the note is recorded)
Here the note receivable is debited as it increased the assets and credited the account receivable as it decreased the assets
The same is to be considered
Answer:
B. They both give out loans.
Explanation:
Banks are for-profit institutions while credit unions are non-profit. So that means that the answer would not be A. A credit union and a bank give out loans. (A bank has lower interest rate than a credit union.) That would mean that B would be an answer. You have to be qualified and have membership to go to a credit union. So C would not be a correct answer.
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Family planning is the major point so as to reduce birth rate in the country immigration and emigration
