Answer:
Explanation:
Amount actually received = Initial amount - interest payment
Interest payment = 10,000*12%/2 = 10,000*6% = 600
Amount actually received = 10,000-600 = $9,400
Answer:
c) Credit to Cash for $242
Explanation:
Petty cash, beginning = $300
Delivery expense = $53
Merchandise inventory = $167
Miscellaneous expense = $22
Petty cash, Ending = $58
The journal to record the reimbursement of the accounts will be:
Event Account Title and Explanation Debit Credit
1 Delivery expense $53
Merchandise inventory $167
Miscellaneous expense $22
Cash $242
Out of the choices provided above, it can be concluded that compared to data warehouses, data marts cost less, as one of their defining characteristics. Therefore, the option A holds true.
Data warehouses can be referred to or considered as the non-physically or completely virtual spaces on the cyber world, which helps in the regeneration of usage of data in the desired manner.
Storage of data on these warehouses is a costly affair, and thus, most organizations have started preferring data marts due to their economic costs and savings for the organization.
Learn more about data warehouses here:
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If you are 20 minutes early to interview it shows that you can be early for things but sometimes too early to be able to do anything
Interest-bearing checking account.