What is a checking account

2 answers:

5 0

A checking account is a deposit account held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts, checking accounts are very liquid and can be accessed using checks, automated teller machines and electronic debits, among other methods.

Katarina [22]3 years ago

5 0

A checking account is like a savings account but you in a checking you can take money out and on a savings it’s really hard to touch that money once it’s there. Most people including myself have checking accounts it’s for everyday use and instant transactions paying for goods/services

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The partners in the biz partnership have agreed that partner mandy may sell her $100,000 equity in the partnership to brittney,

Ivahew [28]

Answer:

Mandy Capital A/c Dr. $100,000

Brittney Capital A/c Cr. $100,000

Explanation:

Mandy selling $100,000 shares of assets, so we will report the transaction on the sale of stock by the amount of equity sold. Now, all parties will negotiate the price that one can sell to another for this equity valuation, which would be $85,000 in this case.

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2 years ago

Suppose the economy is currently in long-run equilibrium. The government has just decided to lower income taxes. The long-run im

MariettaO [177]

Answer:

Slower economic growth

Explanation:

Increasing tax rates can generally and obviously discourage

work because corporations will pay more,

savings, because people earn lesser disposable income,

investment, because firms have lesser profit by paying bigger taxes,

Although specific tax adjustments for certain income categories can assist with the reallocation of economic resources.

But in the long-run economic growth will be slowed down by tax cuts because it will increase deficits by lesser funds being generated for the government over time

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2 years ago

Changing the prices of products based on the level of demand characteristics of the customer is called ________ pricing.

Airida [17]

Changing the prices of products based on the level of demand characteristics of the customer is called dynamic pricing.

Personalization is the use of customer data to create or modify items to meet individual needs. Customization is the manual modification of an item by a customer to meet their needs and requirements. Content streaming services are perhaps the most famous example of the subscription business model.

Internet technology reduces demand information costs by enabling price transparency (making it easier for consumers to find different prices) and cost transparency (making it easier for consumers to see the true cost of a product). and improve information quality.

Learn more about demand at

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1 year ago

Selling goods in a foreign country includes non legal considerations for:

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C. Local customer group's concerns

The other two options are legal considerations of operating in a foreign country. Tariffs are taxes which require payment to comply with law.

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2 years ago

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