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dsp73
4 years ago
7

You need to have an emergency fund that can cover____months of your fixed expences.

Business
1 answer:
elena-14-01-66 [18.8K]4 years ago
4 0
The answer is C hope it helps 
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Which one of the following groups of accounts only have debit balances
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Answer: b. Sales Returns, Wages, Machinery, Discount Allowed

Explanation:

Sales returns reduce the sales made. Sales are put on the credit side so transactions that will reduce sales such as sales returns would have to go on the debit side.

Wages are an expense and expenses are debited to show they are increasing so they have a debit balance.

Machinery is an asset and assets have debit balances.

Discount allowed reduces the sales balance and as mentioned above, transactions that reduce sales go on the debit side so this has a debit balance as well.

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