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irga5000 [103]
2 years ago
14

For questions 1-10, fill in the blank with the letter of the term that best matches the description. 25 POINTS! PLEASE HELP ME A

SAP!!
A.Fixed costs
B.APR
C.Savings
D.Budget
E.Income Potential
F.APY
G.Refinancing
H.Withdraw
I.Cash reserves
J.Cost of living

1.Abbreviation of annual percentage rate, the interest rate applied annually to a loan or a credit card balance

2.Abbreviation of annual precentage yield, the rate of return earned in the course of one whole year,taking compounding into account, expressed as a percentage

3.Cash and other liquid assets such as demand deposits or treasury bills that an individual possesses

4.An expense that does not vary from one time period to the next

5.To obtain a new loan for something on different terms, often involving the paying off of an existing high-interest loan by means of a new, lower-interest one

6.Money set aside for future use

7.To take money out of an account

8.To plan the allocation, expenditure, or use of money

9.The amount of money spent on food,clothing,accommodation, and other basic necessities

10.The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital
Business
2 answers:
dusya [7]2 years ago
7 0

Answer:

1. APR: Abbreviation of annual percentage rate, the interest rate applied     annually to a loan or a credit card balance .

2.  APY: Abbreviation of annual percentage yield, the rate of return earned in the course of one whole year,taking compounding into account, expressed as a percentage

3. Cash reserves: Cash and other liquid assets such as demand deposits or treasury bills that an individual possesses.

4. .Fixed costs:An expense that does not vary from one time period to the next.

5. Refinancing:To obtain a new loan for something on different terms, often involving the paying off of an existing high-interest loan by means of a new, lower-interest one.

6. Savings: Money set aside for future use .

7. Withdraw:To take money out of an account .

8. Budget:To plan the allocation, expenditure, or use of money .

9. Cost of living:The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital.

10. Income Potential: The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital

Explanation:

APR means Annual Percentage Rate.

APR means Annual Percentage Yield.

Elis [28]2 years ago
3 0

1.b

2.f

3.i

4.a

5.g

6.c

7.h

8.d

9.j

10.e

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Answer

The classification is shown below:

Explanation:

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The following errors took place in journalizing and posting transactions:
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Answer:

<u>Journal 1</u>

Debit : Prepaid Expense $37,600

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Credit : Insurance Expense $18,800

<u>Journal 2</u>

Debit : Dividends $18,000

Credit : Wages $18,000

Explanation:

Journal 1

The first error has to be corrected by debiting the Prepaid Expenses by twice the amount paid to cancel the effect of a credit entry made to that account. Cash is credited to show the correct credit entry that was supposed to be made. Insurance expense is credited to cancel the debit entry made to this account in error.

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