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antiseptic1488 [7]
3 years ago
14

Which statements are false? Money comes in different forms. Money is indivisible.

Business
2 answers:
Papessa [141]3 years ago
8 0
Saying that money is indivisible is false. As long as its not a penny, money can be divided down to the last cent
damaskus [11]3 years ago
5 0

Answer:

Money is indivisible.

Explanation:

Money comes in different forms: True

People can earn money in very different ways, and have hold money in different forms that could be cash, checks, bank savings, etc.

Money is indivisible: False

Unless the amount of money is so minimal that it cannot be divided (a penny), the money can be divided

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Answer:

contra-assets account.

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Explanation:

The allwoance is an account used to adjust accounts receivable to a net value therefore, it is used as contra-asset (to adjust an asset)

Therefore, as assets normal balance is debit a contra-assets in order to adjsut will use credit balance.

<em>Notice:</em> contra-assets decrease the net value of the assets They never increase it. If the princip0al asset increase then, the accounting would use the main asset account, not the contra-asset

Lastly, as it adjsut an asset it will be find in the balnce sheet or in the note to the balance sheet to disclosure the procedure to arrive to net accounts receivables

As it is find in the balance sheet is a permanent account His balance passes through the acouting cycles

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A food truck is an example of which kind of distribution channel?
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