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3 years ago

What's the difference between current balance and available balance?

1 answer:

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Your current balance is the amount of money in your account at the beginning of a business day. This amount does not include any pending deposits or withdrawals. Your available balance is your current balance minus any pending debit card purchases, automatic drafts, processing checks or other debits from your account

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Cyclical unemployment refers to A. the relationship between the probability of unemployment and a worker's changing level of exp

kakasveta [241]

Answer: Option C

Explanation: The situation when the total demand for goods and services is unable to support the full employment level, then the unemployment arising from such a situations is called cyclical unemployment.

It is a natural phenomenon in every economy as the market forces of demand and supply operate on a very high level and are impossible to control completely.

This type of unemployment always exist in an economy to some extent due to the trends or inflation or deflation.

Thus, from the above we can conclude that the correct option is C.

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3 years ago

Dan borrowed $745 for a new coffee table. He will make 10 monthly payments of $85 to repay the loan. How much will he pay

ICE Princess25 [194]

Answer:$105

Explanation: $85x10 is $850 minus $745 for table is $105

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3 years ago

Read 2 more answers

On December 1, Year 1, Jack’s Snow Removal Company received $6,000 of cash in advance from a customer and promised to provide se

AVprozaik [17]

Answer:

Increase Revenue, Decrease Liability

Explanation:

On December 1, They have recognized a liability of $6,000

with the journal entry:

(DR) Cash $6,000

(CR) Unearned Revenue $6,000

Now, on December 31 let's assume that the expiration is an exact

per month division of $2,000 ($6,000 / 3 months)

The adjusting entry would be:

(DR) Unearned Revenue $2,000

(CR) Service Revenue $6,000

The first effect is clear, there is an Increase in Revenue since

the company have rendered the services.

Now, the second effect is that the Liabilities have decreased

because of the debit to "Unearned Revenue" which is a liability.

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2 years ago

The Silver Corporation uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead ra

mixer [17]

Answer: Option (C) is correct.

Explanation:

Given that,

In Dept. A,

Direct labor cost = $60,000

Manufacturing overhead = $90,000

Direct labor-hours = 6,000

Machine-hours = 2,000

In Dept. B,

Direct labor cost = $40,000

Manufacturing overhead = $45,000

Direct labor-hours = 9,000

Machine-hours = 15,000

Predetermined overhead rates in Dept. A = $\frac{Manufacturing\ Overhead}{Direct\ labor\ cost} \times 100$

= $\frac{90,000}{60,000} \times 100$

= 150%

In dept. B = $\frac{Manufacturing\ Overhead}{Machine\ Hour}$

= $\frac{45,000}{15,000}$

= $3

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3 years ago

If all courses were regular (not honors or AP) 1 credit classes, calculate the student's GPA based on the following grades:

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2.56 is the calculate of the student GPA

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2 years ago