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larisa86 [58]
3 years ago
12

Why are people with savings hurt by inflation?

Business
1 answer:
oksian1 [2.3K]3 years ago
7 0

Answer:

B) The money they saved in the past is worth less in the future

Explanation:

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Which statement best describes tobacco?
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If I do not have a list of statements to chose from I cannot help

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Jerry understands that expected click-through rate is one of three main factors that determine the quality score of an ad. What
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Mustafa a friend of yours, plans to open a fashion boutique that will sell women’s clothing and accessories. He told you that he
blagie [28]

Answer: Financial Forecast

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3 years ago
For each of the following​ accounts, identify whether that item is an​ asset, liability, or equity account. Account Classificati
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Answer:

a. Bonds payable   Liability account

b. Equipment   Asset account

c. Accounts payable    Liability account

d. Salaries payable   Liability account

e. Common stock   Equity account

f. Retained earnings    Equity account

g. Cash   Asset account

h. Accounts receivable   Asset account

i. Sales revenue   Equity account

j. Inventory  Asset account

Explanation:

All the assets account is debit in nature, so the equipment, cash, account receivable and Inventory accounts are debit in nature and these are classified as asset.

All the account with credit nature is either classified as Liability or Equity accounts. Equity accounts are common stock, retained earning and sales revenue. Liabilities accounts are bond payable, account payable and salaries payable.

8 0
3 years ago
Bibby Auto Shop uses a normal job-costing system to allocate overhead on the basis of labour hours. For the current year, Bibby
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Answer and Explanation:

The journal entry is shown below:

Overhead $4,700  

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(Being overapplied overhead is closed)

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3 years ago
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