Answer: a. The fees, the interest rates, and the minimum deposit to open the account.
Explanation:
It is important that when opening a savings account, one looks at the financial requirements as well as the gain to them.
They should look at how much they are to pay to maintain the account in terms of bank fees to know if it is an unreasonable figure.
They should look at the interest rates to find out how much their money would increase by. If it isn't high enough, they can leave it.
They should also look at the minimum deposit required so that they are sure of the amount to put in to activate the account.
The accounts receivable credit column of the cash receipts journal is "posted in summary at the end of the month and by individual amounts on a daily basis".
<u>Option: D</u>
<u>Explanation:</u>
In general ledger the sums in the debit and credit column are reported personally. The calendar of receivable accounts is lists of all clients 'accounts, account balances, and total amount due. Here the accounts receivable credit column are those in which the cash receipts journal column is the sums that are added separately to the receivable ledger accounts. Although debit column accounts payable are those in which cash payments journal column is the sums that are added separately to the accounts payable ledger.
Because NDP stands for National Domestic Product which means everything that is produced in the country e.g. the US, and abroad from companies that are American.
Whereas, GDP is just from goods and services made in the country and in its borders.
Economists, however, identify six major functions of governments in market economies. Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy.
