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Natali [406]
3 years ago
6

What does making a credit card minimum payment mean?

Business
1 answer:
Shkiper50 [21]3 years ago
5 0

Credit card terms require you to pay at least the minimum payment by the date pointed out every month. This payment is the lowest amount you can pay on your credit card to avoid penalties. Minimum payments are usually a percentage of your outstanding balance.

Hope this helps.

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John is a temporary accountant hired to take Jim’s place as plant accountant while Jim is on a two-week vacation. John notices t
Kamila [148]

Answer:

salaries expense 800 debit

 cash                            800 credit

Explanation:

The 800 will be a salaries paid to the accountant.

It will have to post:

salaries expense 800 debit

 cash                            800 credit

The new time Jhon receive a paycheck this amount will be subtracted from his salaries to compensate.

8 0
3 years ago
How are national debt and deficit related?
egoroff_w [7]
Deficit is the budget between the government spending and the income of the government in 1 year. National Debt is the collected budget deficit for every single year ever since the country existed. So that shows that the budget deficit of the budget planner of any country is related to the national debt of the U.S.
4 0
3 years ago
Suppose that there are customers distributed evenly across a line which runs from 0 to 1. There are two competing vendors that c
Shtirlitz [24]

Answer:

b.(1/2, 1/2)

Explanation:

If one vendor is located at “1/2” then the best possible respond of the other vendor is “1/2”, both of them of capture the equal share of the market.

Therefore, Nash equilibrium is (1/2 , 1/2).

7 0
3 years ago
The law of diminishing marginal returns holds for a situation in which Group of answer choices all inputs are variable. all inpu
Natasha_Volkova [10]

The law of diminishing marginal returns holds for a situation in which some inputs are variable and some inputs are fixed.

<h3>What is the law of diminishing marginal returns?</h3>

The law of diminishing marginal returns states that after some optimal level of capacity is reached in a production process, an additional factor of production would result in a lessening of output (quantity of production).

In this context, we can infer and logically deduce that the law of diminishing marginal returns would only hold for an economic situation in which some inputs are variable and some inputs are fixed.

Read more on diminishing marginal returns here: brainly.com/question/13767400

#SPJ1

3 0
2 years ago
How will this be displayed in a journal entry? T-account?
nydimaria [60]

Answer:

Date         Account titles and description

20                                 No entry  

26                                 No entry  

31                                  No entry  

31                                  No entry

Explanation:

1. Only $5,500 was submitted by Brett. No incorporated financial transaction

2. Owner not prepared to pay $5.500

3. Also Brett's provision for vehicle prices to be winterised will be $75.

4. Once Brett paid the salary ' under the table, ' the employee was willing to work $3 less per hour. Salary only fee not charged or due.

Thus, no log entry as well as T accounts have been completed.

8 0
3 years ago
Read 2 more answers
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