Answer:
The journal entries are shown below:
Explanation:
The journal entries are as follows
On August 4
Account Receivable $610
To Sales Revenue $610
(Being the goods sold on credit basis is recorded)
On August 7
Sales Return and Allowances $60
To Accounts Receivable $60
(Being the sales allowance is recorded)
On August 12
Sales Discount $11
Cash $539
To Accounts Receivable $550
(Being the amount paid is recorded after considering the 2% discount
Answer:
B. The fact that I am a good person.
Explanation:
Credit history refers to a person's track record in borrowing and repayments of loans. It shows whether the individual has honored their debts in full and on time. Credit history is useful when applying for a loan from formal institutional lenders.
A bad credit history shows a person had issues in paying their loans. It affects their future borrowing as lenders may assess them as high-risk customers. Bad credit history attracts high-interest rates. Employers may judge some persons as poor money managers hence avoid hiring them.
Bad credit history is about debt payment but not who the person really is. Inability to repay loans may be caused by several factors such as illness or loss of income. A person's character remains the same regardless of their credit history.
It means that ur phone is really urs caused u don't have to pay it off any mpre
A foreclosure is a fee levied by your lender that represents pre-paid interest on your mortgage loan.
<h3>What is foreclosure?</h3>
foreclosure serves as the the action of taking in the possession of a mortgaged property in case they fail to meet up with mortgage payments.
In this case, A foreclosure is a fee levied by your lender that represents pre-paid interest on your mortgage loan.
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