Answer:
These are the correct journal entries:
Account Debit Credit
Building $100,000
Cash $40,000
Mortgage Payable $60,000
Interest Expense $3,000
Accrued Interest Payable $3,000
Answer:
The correct answer would be option C, By producing more than it consumes.
Explanation:
A developing country can generate internal funds by producing more than it consumes.
Internal funds are the funds that are generated internally, either at the individual level or at the country level. When a country generates funds on its own, the funds are called as the internal funds.
So internal funds can be generated by producing more than the consumption requirements. In this way the economic activities will increase, the money supply would be better and the country would be able to generate funds it need.
Answer:
If patty sues, the likely result is:
D. Patty may win under the doctrine of promissory estoppel.
Explanation:
Here, in the given question it is mentioned that Patty is a student who is poor and he is struggling to work and also keep up with her studies inspite of the difficulties.
Her uncle, Fred, promises patty that he will help him in this situation and help her with an amount of $200 per month for the next six months.
Although her uncle, Fred didn't ask her to but patty by herself quits her job so that she gives her maximum time and attention to her studies for the six months in which her uncle was going to help her.
According to what hr uncle promised he gave her the amount which he promised to but this was done for a month and then without saying anything or giving any reason he stopped giving her the amount he promised to.
So, now in this scenario if patty sues the likely result would be:
d. Patty may win under the doctrine of promissory estoppel.
Answer:
checking and saving
Explanation:
when you opening a new bank account. the bank will ask you want to open a checking and saving account or both
A press conference serves to answer question regarding the organization and any information that the organization wishes to share.