Services act as a middleman, allowing individuals to securely send and receive money is A. p2p
<h3>How to illustrate the information?</h3>
It should be noted that p2p simply means the peer to peer platform that allows two individuals to be able to interact directly without the third party.
Peer-to-peer (P2P) lending eliminates the need for a middleman financial institution by allowing borrowers to get loans directly from other borrowers. P2P lending has become much more popular as a substitute for traditional funding thanks to websites that make it possible.
It should be noted that they act as services that act as a middleman, allowing individuals to securely send and receive money.
Therefore, the correct option is A.
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Answer:
- 2004 ⇒ $2,640 million
- 2009 ⇒ $12,540 million
- 2014 ⇒ $18,655 million
Explanation:
2004 balance on services
= Services Credit, (exports) - Services Debit, (imports)
= 38,281 - 35,641
= $2,640 million
2009
= 92,889 - 80,349
= $12,540 million
2014
= 156,252 - 137,597
= $18,655 million
Question attached
Answer:
1. $3586
2. More than the amount of inflation
Explanation:
Consumer price index 1989 = 114
Price 1989 = $1817
Price for 2009=Consumer price index for 2009 / Consumer price jndex 1989 = Price 2009 / Price 1989
= 225 / 114 = Price 2009 / $1817
= Price for 2009 = $3586
cost of tuition increased in 2009 by = $3307 that is 6893 - 3586 more than amount of inflation
Answer:
$3,400
Explanation:
The total amount of estimated manufacturing overhead is calculated as;
= Salary of production supervisor + Indirect materials + Rent on factory equipment
Given that;
Salary of production supervisor = $2,000
Indirect materials = $400
Rent on factory equipment = $1,000
Therefore, Estimated manufacturing overhead ;
= $2,000 + $400 + $1,000
= $3,400
Answer:
b. $180 increase to Cash and a $180 decrease to Utility Expense
Explanation:
Since it is given that the correct amount for utilities is $790 and it is wrongly entered as a $970 that means utility expense is excess debited for $180
So to adjust the bank reconciliation the journal entry is
Cash $180
To Utilities $180
(being the adjusted entry is recorded)
The $180 is come from
= $970 - $790
= $180
So it increased the cash and decreased the expenses so the recording is done accordingly
