Answer:
D.) Collateral
Explanation:
Tbh I'm not confident on this choice, but real estate basically is just a fancy term for property, for those who don't know. A collateral is a piece of property that can be sold by the lender to recover all or part of a loan if the borrower fails to repay. So with that being said, the only logical choice in my opinion would be D, or Collateral.
Sale of machine=40,800
40,800 should be reported under investing activities
Answer:
low interest rates cause people to hoard money, making output and employment stagnate.
Explanation:
The Liquidity trap is a keynesian Microeconomics situation wherein interest rate offered are very low and saving rates are comparatively high. This induces consumers to save money in cash and not invest their money in bonds and other investment options. This trap not only affects investment in economy but also other areas because of low investment by people , business will start producing low and hiring will also be lowered.
One of the solution to avoid liquidity trap is to increase interest rate so that people are motivated to invest.
Both Marcus and Patrick will use the filing status of Singles because they were divorced, has no dependents and never remarried to each other
Filing status helps to determines the tax return form a taxpayer will use to compute his/her taxable income.
In U.S., the filing status includes
- Single
- Married filing jointly
- Married filing separately
- Head of household
- Qualifying widow(er) with dependent child
Therefore, both Marcus and Patrick will use the filing status of Singles because they were divorced, has no dependents and never remarried to each other
Read more about Filing status:
<em>brainly.com/question/8187890</em>
Answer:
$22,789
Explanation:
One of the uses of the Bank Reconciliation Statement is to check the accuracy of the Cash Balance.
The Balance on the Bank Statement and that of the Cash Book in the Ledgers should always agree.
Bank Reconciliation Statement as a July 31
Balance as per Bank Statement $22,364
Add Lodgments not yet credited $1,745
Less unpresented checks ($1,320)
Balance as per Cash Book $22,789
Therefore,
The balance of cash using a bank reconciliation is $22,789