Answer:
$12,000
Explanation:
Calculation to determine the amount of Wages Expense recorded on the next payday, Saturday, April 3
Using this formula
Wages Expense=Daily payroll *2 days
Let plug in the formula
Wages Expense=$6,000*2 days
Wages Expense=$12,000
Therefore the amount of Wages Expense recorded on the next payday, Saturday, April 3 is $12,000
<span>Because interest income is usually the largest component of a bank's income, specifically for a commercial bank. (Investment banks earn more from fees and trading.)</span>
In this instance, Holly would be able to deduct all of these expenses if she is not reimbursed from her employer.
<span>Information Security Specialists are hard to come by especially the ones with the proven experience and track record. Considering our times where online security is a major threat for governments and organisations, having an experienced individual who can act rather than some one who is inexperienced is of more value, hence there being a huge demand for them.</span>
Answer:
The correct answer is option c.
Explanation:
Fiat money refers to the currency which is not backed by any physical assets such as gold or silver. Its value is derived from its demand and supply rather than through the value of commodity it is backed by.
Since the currency is not backed by gold, it will not be affected by the discovery of gold. Had it been backed by gold, the money supply would have increased.
Purchasing treasury securities, decreasing the required reserve ratio, decreasing the discount rate will all increase the reserves with the commercial This will lead to an increase in money supply through increased lending.
Since water is an abundant commodity, linking the value of money to water will increase money supply.