Answer:
<em>a. True</em>
Explanation:
Yes! the given statement is <em>very true</em>, because as we know that all the level of a nation's rate of interest has an influence on the BOP ( generally known as Balance Of Payments ) financial account, and also relatively low real interest rates are generally encouraged.
An outflow of funds are been pursued at a higher interest rates in an another nation's currency as well.
The borrower pays the proper amount due to the seller Cash 3270
<h3>Briefing:-</h3>
1. Interest income of $3000 X (0.18) = 540
2. $540 over six or twelve months equals 270.
3. Journal Entry 3,000 Notes Receivable Interest Revenue 270 Cash 3270
<h3>Interest income is it income?</h3>
Interest income is the profit made from lending money to other organizations. The phrase is typically used in the income statement of the company to describe the interest received on cash held in savings accounts, certificates of deposits, or other investments.
<h3>What do journal entries entail?</h3>
A firm keeps a journal, which is a succinct record of all transactions; journal entries describe how transactions influence accounts and balances.
The information in journal entries serves as the foundation for all financial reporting, and there are several versions to suit different corporate requirements.
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Answer:
True
Explanation:
If the price of a stock drops suddenly, there is more supply than demand. People want out - and they usually want out for a reason.
