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Ganezh [65]
2 years ago
13

The annual interest earned on an amount deposited into a bank account will be the same each year when compound interest is used.

Business
1 answer:
max2010maxim [7]2 years ago
5 0
False. A good way to think of this is that you are reinvesting your interest.
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2 years ago
Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 201 A
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Answer:

The journal entry is as follows:

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