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andriy [413]
3 years ago
9

The flow of money received on a sometimes a weekly, monthly, or yearly basis is known as __________.

Business
1 answer:
morpeh [17]3 years ago
4 0
The flow of money received on a sometimes a weekly, monthly, or yearly basis is known as SALARY.

Salary is the compensation employees received from their employers. It can be weekly, monthly, or yearly basis depending on the contract agreement between the two parties.
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<h3>How do you explain the word compounding?</h3>

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5 0
2 years ago
A company’s investment bankers say that a proposed new issue of 7.5 percent cumulative preferred stock with a par value of $10 a
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Answer:

The Answer is as follows;

Explanation:

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8 0
3 years ago
The following transactions occur for Cardinal Music Academy during the month of October:
tamaranim1 [39]

Answer:

The entries to record the transactions are given below.

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CreditService Revenue income   $ 7000

b. Purchase prepaid insurance to protect musical equipment over the next year for $3,000 cash.

Debit Prepaid Insurance equipment Asset $ 3000

Credit Cash Asset                                          $ 3000

c. Purchase musical equipment for $10,000 cash.

Debit Equipment Asset    $ 10,000

Credit Cash Asset            $ 10,000

d. Obtain a loan from a bank by signing a note for $10,000

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Credit Notes payable     $ 10,000

7 0
3 years ago
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