If a person write a check for $759 to make a payment on a loan, then the account balance would be changed as in the balance sheet of the person.
<h3>What is account balance?</h3>
An Account balance is limited as the amount of monetary system that is hold in a specific account in the bank account or in any another account.
From the given case, if a person make a payment of loan, then the account balance would be:
Assets = $36,767 ($37,526 – $759)
Liabilities = $12,086 ($12,845 -$759)
Equity = $32,500
Therefore, the balance of Equity remains unaffected by the payment of loan.
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The term that describes the restoration of the insured person to the financial position that he or she was in before the loss occurred is called indemnity. This allows protection to the insurer in case of loss and damage and will protect against any legal quandry that may occur.
Answer:
in the wild, where she stories animals development and behaviour,and then travel to zoos where she report her findings
Answer:
Following is the order from first to last
Explanation:
Progression of a properly function loanable funds is a step by step procedure if one step fails the functions of loanable funds cannot proceed further.
The first step is Borrowing requires saving
The second step is investment requires borrowing
The last step is output (GDP) requires investment
The first is borrowing followed by investment and the output GDP.
