Answer:
$2,100
Explanation:
Data provided in the question
Prepaid rent account before adjustment at the end of the month = $2,800
And, the monthly rent is $700
So, the amount of prepaid rent after adjustment is
= Prepaid rent account before adjustment at the end of the month - the monthly rent
= $2,800 - $700
= $2,100
Basically we deduct the monthly rent from the prepaid rent balance before adjustment
Answer:
is a level stream of equal payments through time.
true. The payments will remain at the same levle for the entire period of the annuity until maturity.
Explanation:
is a debt instrument that pays no interest.
FALSE the annuity does provide interest for each period when is prepared.
Has no value.
FALSE the annuity can be saled in the secondary market pretty much anitime.
is a stream of payments that varies with current market interest.
FALSE the payment will be the same regardless of the interest rate.
The letter of credit is the financial document which tells that a bank will pay a specified sum of money to a beneficiary
Letter of credit is also called documentary credit or bankers commercial credit.
The financial document called "Letter of credit" is a a letter written by a financial institution which authorizing another institution to pay someone a sum of money.
This document is usually a mode of payment used for the importation of visible goods.
In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary
Read more about letter of credit
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Answer:
Private business freedom : Capitalist or Market Economy. Henry is more likely in Socialist Economy.
Explanation:
Economy type in which private sector has full freedom, un-intervened by government or state control is Capitalist or Market Economy. Profit maximisation motive & high consumer choice, sovereignity such economy's main features.
Henry's country which gives incentives to reallocate production choice 'what to produce' (from consumer goods to military goods). He has more efficient idea for work implementation, but lacks incentive (probably due to lack of creative & innovative ideas reward). These features characterise a Socialist Economy, in which government or state has supreme power over central economic decisions. Social welfare is considered priority, government monopoly curbs innovation & creativity, there is less consumer choice, sovereignity.
<span>A reference is a person who will attest to your ability to perform a particular job. A person has to face several examinations before he receives a job through an employer. Employers need to check the individual's background of previous performance, experience, and skills. A reference could provide the information needed for that examination.</span>
