Answer:
The answer is D = E×M
Explanation:
The amount of excess reserves multiplied by the monetary multiplier would amount to the maximum amount of new demand deposit money that can be created by the banking system on the basis of any given amount of excess reserves.
During the period, bad debts are written off in the amount of $14,500. Journal entry of the given transaction will be as follows.
Bad debt account will be debited and debtors account will be credited by $14500.
One of the most typical types of bad debt is credit card debt. Lenders issue credit cards, which let you make purchases on credit. These credit cards frequently have exorbitant interest rates that can soon become out of control.
Bad debt costs are typically listed on the income statement as a sales and general administrative expenditure. Accounts receivable on the balance sheet are reduced when bad debts are recognized, but firms still have the right to collect money if the situation changes.
Learn more about bad debts here
brainly.com/question/24871617
#SPJ4
Answer:
Inputs
Explanation:
Please refer the correct and complete question below:
There is a blank, "Our __________are just as high as anybody else’s on the team, and you know it"
Alot of profit will be gonna to a empty place
Answer:
An amount of money that is owed to a bank, credit card company, store, or another individual.