Most likely would be a democratic system.
Answer:
true
Explanation:
because if you improve the way thing look and the way thing work people will find working there amusing.
No, you do not have to own stocks yourself to be impacted by the change of the markets. Anybody who owns stocks AND run businesses that YOU go too will impact YOU dramatically. If stock prices drop, the amount of money they have will drop considerably, which means they have less money for merchandise. If they don't have merchandise, the businesses will go out, and you will not have anyplace to go too for your needs (for food, medicine, etc)
hope this helps
Answer:
The journal entry that Franz would make to record payment of this note would include:
credit to Note Receivable for $5,000
credit to Interest Revenue for $25
debit to Cash for $5,025
Explanation:
Franz Co. accepted a 30-day, 6% note in the amount of $5,000 from Bria Co., on January 1.
The amount of the interest per year = 6% x $5,000 = $300
The amount of the interest per month = $300/12 = $25
On January 31, the due date of the note, Bria honors the note and pays in full. The journal entry to record the collection in Franz Co. :
Debit Cash $5,025
Credit Note Receivable $5,000
Credit Interest revenue $25
Answer:
The correct answer is letter "B": decreases to assets and expenses and increases to liabilities, revenues, and stockholders' equity.
Explanation:
When it comes to accounting book-keeping, a credit is an entry that increases <em>liabilities </em>(amounts owed to third parties) and <em>equities </em>(assets minus liabilities) in their corresponding accounts or decreases <em>assets </em>(resources owned by the company) and <em>expenses </em>(costs of the business operations) accounts.