All cheques are bills but all bills are not cheque.
This is correct statement because both cheque and bill are piece of paper which displays money which is to be paid to someone.
A bill is a document which is drawn on any person and there is no name on the bill whereas cheque is a document which is drawn on the payee name only.
 Both of these are documents which are used to pay the amount to someone. 
A cheque can be drawn payable on demand while bill is drawn on expiry of certain period. 
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Jessica Cervantes is a renowned entrepreneur and business women who advises the new entrepreneurs who are just starting to enter this zone.
<h3>Advice of Jessica Cervantes</h3>
Jessica Cervantes says that new entrepreneurs should have faith in themselves , and this faith and believe must reflect in their products.
She also advised to use all the resources and to reach out to the other entrepreneurs seeking help and advice. 
Therefore, Jessica Cervantes motivated and advised the new entrepreneurs who just entered in the field of entrepreneurship.
Learn more about Jessica Cervantes here:
brainly.com/question/9508949
 
        
             
        
        
        
As a member of the Federal Reserve Board, in an inflationary situation I would suggest a change in the federal funds rate that would be accomplished by raising the base interest rate of the US economy. This would make bonds more attractive and people would stop consuming to invest in public debt securities. In addition, raising interest rates would discourage credit, causing banks to lend less. Since inflation is a monetary phenomenon caused by the excess of currency in circulation, these measures would have a downward effect on inflation, as they reduce the amount of money in circulation in the economy.
 
        
             
        
        
        
Answer:
1500
Explanation:
Breakeven point is the number of units produced and sold where net income is art on it is where revenue equals cost. 
The formula for calculating break even points = F / (P - V) 
F = fixed cost 
P = price 
V = variable cost per unit 
 $270,000 / ($600 - $420) = 1500
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Answer:
The answer is given below;
Explanation:
The adjusting entry will be;
Income Statement             Dr.$5,000
Inventory                             Cr.$5,000
As the NRV is less than cost,therefore difference amount will be charged to profit and loss account.