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Alisiya [41]
3 years ago
13

1. Put the steps for creating a Trial Balance in the correct order.

Business
1 answer:
Setler [38]3 years ago
8 0
C.prepare a list of ledger accounts used in the business
b.balance the ledger accounts
a.total the debit column of the trial balance and then total the credit column of the trial balance
d.transfer.the ledger accounts To a trial balance or list the balance account. if the ledger account shows a debit,balance the debit side of the trial balance.if the ledger account shows a credit,balance the credit side of the trial balance.
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Carl has a checking account. He'd like to know right away when his balance gets lower than $50. What should Carl do?
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He should set up an alert.
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What is the current face value of a $1,000 Treasury inflation-protected security if the reference CPI is 203.19 and the current
Stella [2.4K]

Answer:

$1,011.22

Explanation:

Price = $1000 x (205.47/203.19)

$1000× 1.01122= $1,011.22

Therefore the current face value is $1,011.22

3 0
3 years ago
The Federal Reserve Act Multiple Choice helped to reduce loans to private banks. was regulated by a board whose members were ele
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The correct answers are A) helped to reduce loans to private banks and C) created a new type of paper currency.

The Federal Reserve Act helped to reduce loans to private banks and created a new type of paper currency.

With the passing of the Federal Reserve Act of December 23, 1919, signed by President Woodrow Wilson, the government initiated with the Federal Reserve system that acted as the Central Bank of the United States. It had twelve regional banks that supplied all the money for the country. Its headquarters are located in Washington D.C., and the commonly known as the Fed supervises the financial and economic situation in the country, the monetary supply, and tries to control inflation.

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3 years ago
Arrange the types of economies from least government involvement to greatest government involvement.1. communist economy2.market
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Number one has the lowest government involvement and number four has the highest.

1. Market economy - In a market economy, the government has very little to do with the decisions regarding investment, production and distribution. Instead, these ideas come from the supply and demand that consumers create.

2. Mixed economy - A mixed economy companies private and public enterprises which has some government influence.

3. Socialist economy - A socialist economy is control by the government but still allows small ownership of productions and some say from individuals.


4. Communist economy - Controlled by the government with no influence from the public. Not a democratic society at all.

3 0
3 years ago
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When income is ?$400400 per? week, 33 nights dining outnights dining out are demanded. when income is ?$600600 per? week, 55 nig
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In economics, income elasticity of demand measures the response of the number demanded for a good or service to a change in the income of the people demanding the good or service. The formula for calculating this metric is:

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Income Elasticity Demand = 55 nights – 33 nights / $600 - $400

Income Elasticity Demand = 0.11 = 11%

Since <span>Income Elasticity Demand is 0.11 or 11% (positive number), therefore this means that an increase in income of the people leads to an increase in the demand of nights dining out.</span>

4 0
3 years ago
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