Explanation:
We can easily calculate the money people do usually make when they get retired. We have one very basic rule that you can get approx 80% of the amount you were getting before your retirement. <u>By using this formula</u> you can calculate what you will get after retirement.
For example, if you were earning £2000 per month, then after your retirement you will get £1600 in your retirement. The amount will keep on increasing depending upon what you were earning right before your retirement. Likewise, it will be very less amount if you were earning less before your retirement.
Answer:
The entry made by Trust Company on January 1 to record the proceeds and issuance of the note is
Debit Credit
Cash $100,000
Notes Payable $100,000
The right answer is c
Explanation:
According to the given data the interest will not be adjusted at the time of loan proceed and issuance of note
Therefore, The entry made by Trust Company on January 1 to record the proceeds and issuance of the note is the following:
Debit Credit
Cash $100,000
Notes Payable $100,000
To record the borrowing
The company should consider business goals, competitor strategy, and annual revenue when deciding on their campaign objectives.
<h3>What is the marketing campaign?</h3>
The campaign that is made up of a number of advertisement messages that all share the same idea and theme is called as the marketing campaign.
When deciding on their campaign objectives, the company should take business objectives, competitor strategy, and annual revenue into account.
Learn more about the marketing campaign, refer to:
brainly.com/question/16873058
#SPJ1
Answer and Explanation:
The journal entry for the recording of sales and sales tax payable is shown below:
Accounts Receivable $3,472
To Sales $3,200
To Sales tax payable $192 ($3,200 × 6%)
To Local tax payable $80 ($3,200 × 2.5%)
(Being the sales and sales tax payable is recorded)
For recording this we debited the account receivable as it increased the asset and credited the sales, sales tax and local tax as it increased the revenue and liabilities
Answer:
Budget balance, National savings, Budget deficit
Explanation:
The difference between the amount the government collects and how much it spends is known as the <u>Budget balance.</u>
When the preceding term is combined with all of the privately held savings from across the country, it is known as the <u>National savings.</u>
If the government spends more money than it takes in through taxes, it will experience a <u>Budget deficit.</u>
