Identify the accounts that would normally have balances in the credit column of a business's trial balance.

1 answer:

3 0

The answer is Revenues and liabilities. The lessening in liabilities is accounted for on the charge side of a diary section. Proprietor's Equity is accounted for on the monetary record. Proprietor's value accounts have typical adjusts on the credit side. Income accounts have ordinary adjusts on the credit side.

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Answer:

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The quantity of money demanded increases and the nominal interest rate falls.

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The nominal interest rate refers to the interest rate before adjusting to inflation or price-hike. It balances the supply and demand of money.

So when there is an increase in the supply of money ,there will be the resulting increase in the demand of money too. The total money that the population wants to hold is referred as the money demanded.

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Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Below are the choices that can be found elsewhere:

a) Gambling
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The answer is B which is Reliance on fixed income

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