The agency responsible for regulating the money supply in the United States is The Federal Reserve. The Federal Reserve is the central bank of the United States and is responsbile for all money that is regulated and supplied. The Federal Reserve was created in 1913 to control the money supply in the United States.
An advertising agency receives 15 percent of the client's media expenditures. An expenditure is a term used to describe money being spent. The advertising agency will typically spend 15% of the money that is set aside for media exposure. The advertising agency handles most media advertising that is done for a company that they have a contract with.
Answer:
bank service expense 50 debit
supplies 18 debit
cash 68 credit
--to record bank reconciliation--
Explanation:
We have to adjust the cash balance for the transactions unknow for the company which are the bank service charge of $50 and the mistake in the accounting for $18
we actually spend 97 but recorded 79 thus, we increase supplies by 18
Answer: (C) Long term debt
Explanation:
The long term debt is one of the type of long and fixed rate of interest and effectively balance the organizational liabilities and the cash flow process.
The long term debt is the term which is used to refers to the higher quality of principle balance in which it is easy to manage the payments and the budget on the basis of the operational income.
According to the given question, the long term debt is needed when the firm has the positive external financing factors and the main benefit of the long term debt that the investors are invested due to the interest payment and the fixed rate in the market.
Therefore, Option (C) is correct answer.
I'm pretty sure, financial services sales agent a.k.a stockbrocker
