Answer:
Debit Office Furniture account $710
Credit Cash account $170
Credit Accounts payable $710
Being entries to recognize office furniture partly paid for.
Explanation:
When items are purchased using cash, the corresponding credits in such transactions are recorded in the cash account. Where the item is purchased on account (or credit), the credit is posted to accounts payable.
Total worth of the office furniture = $170 + $540 = $710
The total debit for this will be recorded in the office furniture account.
Hence to recognize the transaction,
Debit Office Furniture account $710
Credit Cash account $170
Credit Accounts payable $710
Being entries to recognize office furniture partly paid for.
Answer: The Nominal Interest rate, which is how fast the dollar value of savings grows
Explanation:
Banks advertise the Nominal Interest rate. This is the rate that measures purely, how much return is received or paid if one lends out money or borrows money respectively.
It is therefore the value at which savings grow.
It is not adjusted for inflation yet but when adjusted is called the REAL INTEREST RATE.
It is important to note that when Banks advertise the Nominal rate, it is not yet adjusted for fees or the compounding of interest.
I can help ya I will email u the answer
the board of governors of the federal reserve system
A popular free online payment service that allows you to send money, and accepts payments without revealing your personal financial information is Pay- pal.
<h3>What is financial information?</h3>
Personal information is refer to information related to banks that shows the financial position of an individual. This information includes the number or pin of debit cards or credit cards, statements of banks, and the transaction made.
Owned subsidiary of eBay pay-pal is referred to as an online service payment that is owned by eBay providing users with security by allowing them for making payments without revealing their personal financial information.
Learn more about online payment services, here:
brainly.com/question/1638022
#SPJ4
