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aksik [14]
3 years ago
11

What is earning interest on previously earned interest called?

Business
1 answer:
Lostsunrise [7]3 years ago
8 0

Answer:

Compounding. Earning interest on previously earned interest plus the principal amount.

Explanation:

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Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 cred
Semenov [28]

Answer:

Allowance for Doubtful Accounts of $1000 credit balance and Bad Debt Expense of $950 ($1000- 50 (unadjusted))

Explanation:

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Knowledge development goes hand-in-hand with information sharing in high-performance work systems.
Yanka [14]
True duh that's super easy
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4 years ago
Why do people keep money in transaction accounts?
Scorpion4ik [409]

Answer:

so they have savings I don't I'm just guessing

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4 years ago
In a flexible budget performance report _____.
natulia [17]

Answer:

b. the budget is adjusted to the actual activity for the period.

Explanation:

A flexible budget performance report is a comparison between actual costs and revenues, and the budgeted income and expenses at the end of a period, based on actual performance.  The report shows the difference between the actual results and the estimated numbers.  Management uses the report to determine if the company's results were in line with management expectations.

The performance report is prepared at the end of a financial period.  It helps the management analyse any major variances between the actual performance at the estimated numbers at the beginning of a period.  The report helps the management identify the companies strong areas, and the sections that need improvements.

3 0
4 years ago
The social ethic that prevailed in late nineteenth-century America stressed that
shtirl [24]

Answer:

c. economic success was available to anyone who worked hard.

Explanation:

In the late nineteenth-century (the year subsequent to the civil war 1865 to 1900)

The american society didn't not have a caste or royal society with nobles or lord like English, French or Germans did.

They were all under the impression that the american dream could be ahcieve with hard work besides, pretty much all the people living in the US during that time were inmigrants or sons of inmigrants thus, there wans't an stablished order all was here for the taken.

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