The business incurred an expense and paid it immediately. To record this an expense is debited and an asset is credited. To keep the account ledger correct, you must debit the expense and take it out of that account. Then the asset is credited because the asset is now on hand.
Answer:
i think it is C
Explanation:
BUT NOT SURE BRANLEYS PLZ
Mexico, Russia, Great Britain, and the U.S. all laid claim to part of Oregon.
Answer:
Tony will pay interest of $16.5 as part of the first loan payment
Explanation:
Monthly loan payment includes the interest portion of the month and and principal payment for the month.
As per given data
Amount of Loan = $3,300
Interest rate = 6% annually = 0.5% monthly
Loan Payment per month = $146.26
First calculate the monthly interest on the due balance
Interest payment = Amount due x Interest rate
Interest payment = $3,300 x 0.5% = $16.5
Now calculate the principal payment after deducting the interest portion from the monthly payment.
Principal Payment = $146.26 - $16.5 = $129.76
The establishment of a state -owned Company is really important for every nations, especially if it involved in the resources that is critically needed for the people.
For example, lets say that all of the water resources fall to the hands of capitalist. Imagine how expensive it could be to get a simple drinking water or for baths.