1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ierofanga [76]
3 years ago
6

A reserve requirement of 20 percent implies a potential money deposit multiplier of

Business
1 answer:
lions [1.4K]3 years ago
7 0
The answer is B
It has to be B
You might be interested in
the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.The balance of the account is a/a
hram777 [196]

Answer:

$800 Debit.

Step by step explanation:  

We have been given that the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.

Since debit postings are more than credit postings, so the balance of the account will be debit.

Let us find how many debit postings will be in the balance of account by subtracting 1100 from 1900.

\text{The balance of the account}=1900-1100

\text{The balance of the account}=800

Therefore, the balance of the account is a $800 debit.

8 0
3 years ago
Read 2 more answers
Please help for my career class please
Julli [10]
Do you need help finding a career or do you need help picking a dream I don’t understand what you need help with but I can help
5 0
2 years ago
Read 2 more answers
Cali Communications reported the figures from its adjusted trial balance and from its​ multi-step income statement for its first
victus00 [196]

Answer:

The preparation is presented below:

Explanation:

The preparation of the retained earnings statement for the year ended July 31, 2018 is presented below:

                                        Cali ​Communications'

                              Retained Earning statement

                           For the year ended July 31, 2018

Beginning balance of retained earning $0

Add: Net income $5,150

Less: Cash Dividend paid -$0

Ending balance of retained earning $5,150

6 0
3 years ago
Which best describes a way people can use personal loans? to buy a house to buy a car to pay for college to pay for groceries.
Bas_tet [7]

The best way people can use their Personal loans is to buy or pay for groceries. As there are other separate loans for the things like car, home and pay for college.  

<h3>what is a personal loan?</h3>

A loan is issued for non-essential purposes, usually to a person with a good credit score who is not required to submit collateral to back up the loan.

A personal loan can be utilized for practically any reason, including settling credit card debt, home upgrades, and large purchases.

Thus option D is correct.

For further details about the personal loan refer to this link:

brainly.com/question/19106746

4 0
2 years ago
Read 3 more answers
Please write the answer in the same blank format I provided
stepladder [879]

The preparation of the Trial Balance of Ceco Co. from the ledger accounts as of June 20, 2020, is as follows:

Ceco Co.

<h3>Trial Balance</h3>

As of June 30, 2020

Accounts                                      Debit            Credit

Cash                                      $5,000.00

A/R - R. Tamo                          3,500.00

A/R - G. Slaught                        1,124.00

A/R - P. Onno                            850.00

Supplies                                  1,585.00

Automobile                         22,800.00

Equipment                          25,350.00

A/P - Batt Inc.                                                 $785.00

A/P - Parker Products                                   1,000.00

A/P - Nishi Co.                                               1,200.00

Bank Loan                                                  25,000.00

C. Hernandez, Capital                               32,224.00

Totals                              $60,209.00    $60,209.00

<h3>What is a trial balance?</h3>

A trial balance is a list of the ledger accounts balances at a particular date of the financial period.

The trial balance helps to show if accounts have been correctly recorded according to the double-entry system.

Thus, the above trial balance shows the ledger accounts balances of Ceco Co as of June 30, 2020.

Learn more about preparing the trial balance at brainly.com/question/13669511

#SPJ1

8 0
1 year ago
Other questions:
  • Identify the BEST description of the Balanced​ Scorecard's customer perspective. To achieve our​ firm's vision and​ strategy: A.
    6·1 answer
  • A user has a credit card–sized card used to prove her identity with a pin. what is this card called?
    9·1 answer
  • a form of bank service which automatically takes money out of a checking account at the point of sale is called a? A) debut card
    5·1 answer
  • When a home is constructed, consideration is given to the positioning of the building relative to its surroundings and the sun,
    5·1 answer
  • Jacques has been asked to calculate the cost of goods manufactured for Sully Enterprises for fiscal year 2015. He has accumulate
    6·1 answer
  • Required information A bank reconciliation proves the accuracy of the depositor's and the bank's records. The bank statement bal
    12·2 answers
  • The management of L Corporation is considering a project that would require an investment of $225,000 and would last for 6 years
    9·1 answer
  • Calcular el interes que genera un capital emprestado de $ 15500 a una tasa del 6,5% anual durante 240 dias
    11·1 answer
  • In the short run, an unexpected increase in prices will:.
    12·1 answer
  • In janie's comparative market analysis, comp a has an adjusted price of $118,000; comp b, $112,500, and comp c, $121,300. what w
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!