Answer:Subsidiary Books are the books that record the transactions which are similar in nature in an orderly manner. They are also known as special journals or Daybooks. ... So for the easy and accurate recording of all the transactions, the journal is subdivided into many subsidiary books.
Explanation:Hope this helped u may i also plz get brainlist only if u wanna give me brainlist though have an great day and stay safe!
The type of recommended payment will depend on the type of period and earning amount, thereby more information is required to choose one option.
<h3>Which is the type of payment?</h3>
The type of payment generally makes reference to the period in which a person earns a particular amount of money.
For example, in a salaried payment option, an employee might earn more money per week than an hourly employee.
To determine the recommended payment it is required to obtain more information about monthly/weekly and day earning options.
Learn more about salaried payment options here:
brainly.com/question/25273589
<u>The equilibrium rate of return on a 1 year T-bond is 5%</u>
<u />
<h3>Equilibrium rate</h3>
This is the interest rate at which the demand meet the supply at a particular point.
<h3>Equilibrium rate of return</h3>
This is the sum of dividend yield plus the rate of capital gains.
we can also say that the equilibrium rate for a 1 year T-bond in this case is the sum of the real risk free rate and the expected inflation.
Data
- Real risk free rate = 3%
- Expected inflation = 2%
Hence, the equilibrium rate of return will be 3% + 2% = 5%.
From the above, the equilibrium rate of return is 5%
Learn more on rate here
brainly.com/question/7040405
ELIMINATION hope this helps you
