Answer:
As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.
Explanation:
Total M1 money supply in the US economy as of December 2019 was $4 trillion (as stated by the federal reserve)
M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.
Debt insurance expenses 6000
Credit prepaid insurance 6000
prepaid insurance account balance after adjustment is
18,500−6,000=12,500
Answer:
Participating companies do not share costs or profits.
Explanation:
A strategic alliance is an agreement made by two or more parties (previously constituted as a company or related) to achieve a set of objectives desired by each party independently. This form of cooperation is between mergers and acquisitions and organic growth. Strategic alliances occur when two or more organizations come together to achieve mutual benefits. Strategic alliances are made between two or more companies or any type of previously established company;
The partners can contribute to the strategic alliance as long as they contribute with resources such as: products, means of distribution, manufacturing processes, fundraising for future projects, capital, knowledge, experience, or intellectual property.
Answer:
The Decrease in expenses $360
Explanation:
Since the supplies expense is debited by $1,240 for office supplies purchased
and the office supplies on hand is $880
So, the remaining office supplies left is
= Supplies expenses debited for Office supplies purchased - office supplies on hand
= $1,240 - $880
= $360
This $360 represent that there is a decrease in expenses
Why is that if like to help:)
