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san4es73 [151]
3 years ago
6

Government is typically a​ ________.

Business
1 answer:
xxTIMURxx [149]3 years ago
8 0
Answer: D. net demander of funds because it borrows more than it saves

The government incurs more debts than gain profits as shown by most financial reports. The government is viewed similarly to that of business firms being net demanders by loaning huge amounts to financial institutions indirectly. The indirect borrowing done by government is done through debt security selling. 
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Overpricing is a real issue
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To adjust for rent used up during the year that was recorded to the prepaid rent account when paid for, Multiple choice question
EleoNora [17]

To adjust for rent used up during the year that was recorded to the prepaid rent account when paid for;

  • Rent expense is debited, prepaid rent is credited

<h3>Prepaid rent account</h3>

A prepaid rent account simply a current asset account that's responsible for reporting the amount of future rent expense that was paid in advance of the rental period.

On this note, the amount reported on the balance sheet is the amount that has not yet been used or expired as of the balance sheet date.

Read more on prepaid rent account;

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2 years ago
When might be the best time to start saving for retirement?
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2 years ago
Many private individuals invest in promising business​ start-ups. About 12.4 million people in the United States are considered​
harina [27]

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l

Explanation:

5 0
3 years ago
Mize Company provided $45,500 of services on account, and collected $38,000 from customers during the year. The company also inc
damaskus [11]

Answer:

D. All of these answer choices are correct

Explanation:

Use Accounting Equation

Events:                                   Assets  = Equity + Liabilities

Provided Services                +45,500  +45,500

Collection from customers  -38,000

                                             +38,000

Expenses on Account                           -37,000  +37,000

Payment against payable    <u>-32,400</u>    <u>             </u>   <u>-32,400</u>

Net Impact                              <u>13,100</u>       <u>8500</u>        <u>4600</u>

Hence, It is proved that Assets, equity and liabilities are increased.

7 0
3 years ago
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