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3 years ago

Which payment type can help you stick to your budget

1 answer:

6 0

The payment type that can help you stick with your budget is : debit cards

Credit card usually make it really hard to track your budget because you only see the amount of expenditure at the end of the month when the credit card bill was sent to you

hope this helps

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on february 1, 2021, sanger corp. lends cash and accepts a $3,000 note receivable that offers 18% interest and is due in six mon

Rus_ich [418]

The borrower pays the proper amount due to the seller Cash 3270

<h3>Briefing:-</h3>

1. Interest income of $3000 X (0.18) = 540

2. $540 over six or twelve months equals 270.

3. Journal Entry 3,000 Notes Receivable Interest Revenue 270 Cash 3270

<h3>Interest income is it income?</h3>

Interest income is the profit made from lending money to other organizations. The phrase is typically used in the income statement of the company to describe the interest received on cash held in savings accounts, certificates of deposits, or other investments.

<h3>What do journal entries entail?</h3>

A firm keeps a journal, which is a succinct record of all transactions; journal entries describe how transactions influence accounts and balances.

The information in journal entries serves as the foundation for all financial reporting, and there are several versions to suit different corporate requirements.

To Know more about seller Cash

brainly.com/question/17129334

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8 0

1 year ago

Greater air pollution from car production leads to increased rates of asthma and infant mortality, imposing costs on the rest of

stiv31 [10]

Answer: 11 cars

Explanation:

Socially optimal quantity is determined where,

Demand = Marginal Social Cost

We have the demand function, now we must calculate the MSC.

We can do that as,

MSC = Marginal Private Cost + Marginal External Cost

MSC = 20 + 5q + 10

MSC = 30 + 5q

Going back to our original formula we can now solve for the socially optimal quantity as,

Demand = MSC.

100 - 5q = 20 + 2q

80 = 7q

q = 11.42

q = 11

11 is the socially optimal number of cars produced.

4 0

3 years ago

One of the best sources of precall information is a prospect's own salespeople because they empathize with the salesperson's sit

Ann [662]

Answer:

a. True

Explanation:

In the case when the information is precalled so here the sources that considered to be best should be the own salespeople as it would emphathize the situation of the sales person

So as per the given situation, the given statement is true

Hence, the option a is correct

Therefore, the second option is wrong

3 0

3 years ago

At the end of its most recent accounting period, Hinch Corporation had a balance of Accounts Receivable of $725,000 and a credit

Effectus [21]

Answer:

a. Debit to Bad Debts Expense of $26,600

Explanation:

The computation of the bad debt expense is shown below:

= Allowance for uncollectible accounts - credit balance of allowance for uncollectible accounts

= $31,400 - $4,800

= $26,600

Hence, the first option is correct

6 0

3 years ago

All the business forms listed below have limited liability except the

Westkost [7]

Ummmmm u didn’t put anything down there

5 0

3 years ago