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salantis [7]
3 years ago
14

What type of account typically has very high liquidity, low or no interest, and low minimum balance?

Business
1 answer:
ludmilkaskok [199]3 years ago
4 0
Checking account fit the description above. Checking account gives the owner unrestricted access to his account but have no or low interest rate.<span />
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More than 99% of all U.S. firms are classified as small businesses, and they employ about half of private workers. A small busin
V125BC [204]

Answer:

A

Explanation:

5 0
3 years ago
Which fire team member is responsible for covering dead space?
mestny [16]
I believe the answer is <span>Grenadier
Dead space refers to the area that couoldn't be observed by the military group,
</span><span>Grenadier played the role to to create explosion during assault operation by throwing out grenades to the dead space in order to eliminate potential enemy that hide in that area.</span><span>
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8 0
3 years ago
Mofro's Computer Repair Shop started the year with total assets of $270,000 and total liabilities of $180,000. During the year,
JulsSmile [24]

Answer:

$200,000

Explanation:

As we know that

The net income is the income that is generated when we deduct all expenses incurred from all revenues generated that is reflected on the income statement  

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3 0
3 years ago
Jake wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacati
In-s [12.5K]

Answer:

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2. Jake has $1,574 in his checking account.  ⇒ STORE OF VALUE

3. Jake writes a check for $1,299. ⇒ MEDIUM OF EXCHANGE

Explanation:

The four functions of money are:

  1. unit of account: since money is a common denominator, it helps to assign value to different goods and services.
  2. store of value: you can save money in order to purchase gods and services in the future.
  3. medium of exchange: you can purchase and sell goods and services using. money
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Yo<br>please solve this journal entries <br> as soon as possible ​
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Answer:

1. Drawings A/c. dr. 15,000

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To Creditors A/c. 31,000

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To Purchases A/c. 16,000

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To Cash A/c. 19,000

4 0
3 years ago
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