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4 years ago

How would cost availability and accessibility differ for an older person?

1 answer:

8 0

An older person may have issues with cost availability and accessibility for many reasons, largely work-related. Such a person may have limited or no income, for instance. This would be especially true for an older person past retirement age. They would no longer be working and may have a low fixed income. Accessibility can also be an issue for those who no longer drive.

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Following are the transactions of Sustain Company.

MrMuchimi

Answer:

Jun-01

Dr Cash 18,500

Cr Common Stock T. James 18,500

Jun-02

Dr Furniture 11,500

Cr Account Payable 11,500

Jun-03

Dr Prepaid Insurance 2,100

Cr Cash 2,100

Jun-04

Dr Account Receivable 10,500

Cr Sales 10,500

Jun-12

Dr Account Payable 11,500

Cr Cash 11,500

Jun-20

Dr Cash 10,500

Cr Account Receivable 10,500

Jun-21

Dr Cash 17,500

Cr Common Stock T. James 17,500

Jun-30

Dr Cash 12,500

Cr Unearned Income 12,500

Explanation:

Preparation of Journal entries

Jun-01

Dr Cash 18,500

Cr Common Stock T. James 18,500

(Invested $18,500 as capital contribution)

Jun-02

Dr Furniture 11,500

Cr Account Payable 11,500

(Purchased furniture on credit)

Jun-03

Dr Prepaid Insurance 2,100

Cr Cash 2,100

(Cash Paid for 12 month insurance)

Jun-04

Dr Account Receivable 10,500

Cr Sales 10,500

(Billed customer )

Jun-12

Dr Account Payable 11,500

Cr Cash 11,500

(Cash paid to reclaimed wood)

Jun-20

Dr Cash 10,500

Cr Account Receivable 10,500

(Cash collected form customer)

Jun-21

Dr Cash 17,500

Cr Common Stock T. James 17,500

(Addition capital contribution)

Jun-30

Dr Cash 12,500

Cr Unearned Income 12,500

(Received advance for service to be performed)

8 0

3 years ago

Explain the differences between local and foreign commercial bank. 10 marks

Delvig [45]

Answer:Local banks have a multicultural way of looking at things, and are often much stronger in key economies like China as compared to their foreign counterparts. ... Foreign banks are often regarded as better employers for their higher remunerations and wider range of opportunities.

Explanation:

5 0

3 years ago

A financial analyst who is employed by a large money management firm (e.g., a hedge fund or insurance company) whose reports are

vladimir1956 [14]

Answer:

Private analyst

Explanation:

A Private Analyst is a person in which the research and the analysis is to be done for the companies in order to employed them for identified the undervalued opportunities

So as per the given situation since the reports are to be used for the internal purpose so this we called as the private analyst

Therefore the last option is correct

7 0

3 years ago

Three corners markets paid an annual dividend of $1.37 a share last month. today, the company announced that future dividends wi

nikklg [1K]

Given
$1.37 = share month
2.8 % increase
11.6 % returned
Find how much pay to purchase one share of this stock

$1.37 x 0.028 = 0.03836
$1.37+0.03836 = 1.40836
$1.40836 x .116 = 0.16336976
$1.40836+0.16336976 = $1.57

The answer is $1.57 to purchase one share of this stock today.

6 0

4 years ago

If you have many competing financial goals, what should you do to help yourself focus on the most important ones

Sunny_sXe [5.5K]

Answer:

b. prioritize and make a budget.

Explanation:

Comprehending the drive and purpose behind one's objectives will help broaden their mind and allow people to think about why they set the targets initially. Financial priorities are perfect because they're helping people establish an ambitious plan for their life to move ahead. To balance competing financial objectives, one needs to think about which goals are already in place, which ones may be pending for a few years, and what adjustments one might like to add to their budget.

5 0

3 years ago

Read 2 more answers