Answer & Explanation:
Account Type of Account Increase side
Supplies Asset Debit
Retained Earnings Capital Credit
Fees Earned Revenue Credit
Accounts Payable Liability Credit
Salary Expense Debit
Common Stock Asset Debit
Account Receivable Asset Debit
Equipment Asset Debit
Notes Payable Liability Credit
Answer:
Life insurance.
Explanation:
Life insurance is defined as a contract that is raised between an individual and an insurance company that guarantees the payment of a particular amount tonthe individual's beneficiary in the case of death. The insurance policy requires premium to be paid on agreed intervals.
Stan and Heidi are both having caterers in business, and death of one of them will lead to decreased income.
To guard against this the couple can purchase a life insurance that will pay beneficiary a guaranteed sum in case of death of one of the partners.
This will ensure there is no sudden drop in their income.
Answer: D. A confidence interval is used to test a claim about two population proportions.
Explanation: Confident interval estimate is a type of estimate computed from statistics of observed data.
The confident interval estimate of the difference between two population proportions will use a standard deviation based on estimated values of the population proportion. The confident interval will be used to estimate the difference in the two population proportions, but it will not be used to test claim about two population proportions because it can not.
I believe this is true.
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Answer:
$500
Explanation:
The cost of the car is $5000
the interest is 10% per year
the interest paid in one year time will be
I= p x r x t
p = $5000; r =10% or 0.1 ;and t = 1
I = $5000 x 0.1 x 1
I= $500 x 1
Interest payable in one year is $500
