Accounting is the course which will be most helpful.
Accounting is one of the courses that are offered in high school along side others courses such as Business management, Consumer education, Entrepreneurial skills and so on in the "business section".
- Finance means the act of managing of money by individuals, governments or large companies. individual with this skills are highly sought for to help the organization manage its resources effectively.
In conclusion, Accounting teaches a wide range of money management skills, how to record transaction for future purpose, so, the most helpful course for a person wanting a career in finance is "Accounting"
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Answer:
Interest-bearing checking accounts
Explanation:
Interest bearing checking accounts provide the customers with a certain amount of interest rates depending on the amount of balance the customers have in their checking accounts.
In general, the interest rate from interest-bearing checking accounts wouldn't be as high as normal saving account. But, many people often use this because it is easier to liquidate your cash through this type of accounts. Fast liquidation make this type of account a convenient options for someone who often conduct a purchase.
Answer:
both I and II
I. P = $80, VC = $180,000, and Q = 2,000
III. P = $11.55, ATC = $15, and AFC = $2
Explanation:
In a perfectly competitive market, businesses will shut down in the short run if the unit price of their products is smaller than the variable cost of producing that product.
I: price is $80 which is less than the variable unit cost $90
II: price $535 which is larger than the variable unit cost $500
III: price $11.55 which is less than the variable unit cost $13 (= $15 - $2)
Answer:
Letty's Laundry and Dry Cleaning Incorporated
Effect of each transaction on the accounting equation:
Transaction Appropriate
No. Letter
1. c.
2. b.
3. b.
4. a.
5. e.
6. c.
7. e.
8. e.
9. e.
10. e.
Explanation:
Data key:
list:
a. Increase in an asset, decrease in another asset.
b. Increase in an asset, increase in a liability.
c. Increase in an asset, increase in stockholders' equity.
d. Decrease in an asset, decrease in a liability.
e. Decrease in an asset, decrease in stockholders' equity
b) The above listing demonstrates the effect on the accounting equation of every business transaction. The net effect is such that the two sides of the equation are always in balance, provided the proper accounting records have been maintained.
