Answer:
Cheap & effective
Explanation:
this source of labor was easily abusable and by having people you don't need to pay and spend barely anything on feeding them it makes it easier to build the USA. I don't agree with the USA being founded on this but other countries were doing this so the USA did it also.
First and foremost, saving money is important because it helps protect you in the event of a financial emergency. Additionally, saving money can help you pay for large purchases, avoid debt, reduce your financial stress, leave a financial legacy, and provide you with a greater sense of financial freedom. I would save money by keeping it secure in a special place like a wallet.
Answer:
Using an excel spreadsheet I prepared an amortization schedule. For the 61st payment, the interest rate is increased from 0.5% to 0.625% monthly.
(a) Calculate the loan balance immediately after the 84th payment.
(b) Calculate the amount of interest in the 84th payment.
(c) Calculate the amount of the balloon payment.
As you can see, the interest amount for the 61st payment increases, while it had been decreasing previously.
Steven needs to create a budget that will list all of his expenses each month with regards to the income he brings in. Once Steven sits down and creates the budget he will see the money that is left over once he is done paying all of his necessary bills. The money that is left over can be saved to purchase a new car.
Answer:
C) debit Rent Expense, $4,000; credit Prepaid Rent, $4,000.
Explanation:
July 1, prepaid rent fro 6 months
Dr Prepaid rent 24,000
Cr Cash
July 31, adjusting entry to record rent expense
Dr Rent expense 4,000
Cr Prepaid rent 4,000
total prepaid rent = 24,000 for six months
after one month, 24,000 / 6 = 4,000 must be recorded as rent expense and prepaid rent must be credited.
