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cluponka [151]
3 years ago
12

Interest begins accruing on a _____ the day of the transaction.

Business
2 answers:
xenn [34]3 years ago
6 0
Interest begins accruing on a __<span> cash advance </span>___ the day of the transaction
.As interest is the
<span>money that is  paid regularly at a particular rate for the use of money lent
</span>A __<span>posting date</span>___ is when a payment is credited to an account. 
its the date at which money is being transected from bank
so correct option is B
hope it helps
EleoNora [17]3 years ago
5 0

1. Interest begins accruing on a _____ the day of the transaction.  

a. cash advance  


2. A _____ is when a payment is credited to an account.  

b. posting date


3. Suppose that your goal is to build a credit history by establishing a FICO score. How should you approach payments on a long term loan such as a auto loan?

A. Pay minimum amount required on each bill


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C. Compensatory damages and consequential damages.

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The reason is that the company can only sue Santa for its compensatory damage of paying 15% extra and consequential damages which are only claimable if the party to contract knows that not performing the contract will contribute to consequential damages which are here losses of sales which amount to 25% of sales.

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vladimir2022 [97]

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The correct answer is number "3": Create a new Support Process.

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2 years ago
Dole Company uses the periodic inventory system. At the end of the accounting​ period, ending inventory is​ $10,000 and beginnin
Troyanec [42]

Answer:

The one entry is recorded

Explanation:

The journal entry is shown below:

Inventory A/c Dr (Ending inventory) $10,000

Cost of goods sold A/c Dr (Balancing figure) $94,000

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      To Purchase account                                          $99,000

In mathematically,

Cost of goods sold = Beginning inventory + purchase - ending inventory

                                = $5,000 + $99,000 - $10,000

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3 years ago
which theory of economics believes the only way to increase economy growth is to remove regulations and lower taxes?
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2 years ago
What is your reaction to Harriet's suggestion of using the cost of debt only?
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No, it is a bad idea to use only the cost of debt

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Only using the cost of debt, is not a good idea because too much amount of borrowing could lose the confidence of the investors and it could lead to the uncertainty in the future cash flows.

Suppliers might be worried regarding the financial situation and lead to the supply disruption. Though, the debt might save the tax expenses, which could lead to the negative cash flow.

When the company does not have adequate amount of cash at hand, it could cause many disruptions of financial. WACC (Weighted Average Cost of Capital) rates need to be used as the capital costs as it weigh the used capital cost and the used debt.

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3 years ago
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