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HACTEHA [7]
3 years ago
8

How do banks create money?

Business
1 answer:
aliya0001 [1]3 years ago
5 0
C

Banks do not really have any goods to sell, they’re in the business of holding money for others and loaning that money out to others, normally with interest. It is the interest off of loans that normally create income and allow the bank to have a positive cash flow.
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The marketing strategy that focuses on the precise way a b2b purchaser will use a product is known as ____
Yuri [45]

The answer to this question is an end-use segmentation. An end-use segmentation is a marketing strategy which focuses on the way a purchaser used the products. Marketing strategies are used to enhance / improve the sales of product and services of the company.  

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The federal government has often relied on ____ to pay for wars or social programs.
liubo4ka [24]
Deficit Financing. Wh ich means that  government spends more money than it brings in and makes up the difference either by borrowing funds or minting more money. Deficit financing can happen for a lot of reason and not only due to war or social programs. 
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3 years ago
A compulsive worker may be identified by which of the following traits?
Ludmilka [50]
The correct answer is C. They insist on doing every project individually. 
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6 0
3 years ago
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Which account would be listed on a post-closing trial balance?
Elis [28]

Answer: c. Retained Earnings

Explanation:

The post-closing trial balance reflects balance sheet items that do not have a $0 balance in them when a period has ended and is prepared after the temporary accounts have been closed off. The purpose is to make sure that the debits equal the credits.

As there are no temporary accounts, all income statement items will have been closed off and moved to the Retained earnings account which will reflect the total for the income statement for the year. The only account that will be listed in the post-closing trial balance therefore will be the Retained earnings account.

7 0
3 years ago
Jefferson Cleaning signed an agreement with Willis Company on December 15 to provide cleaning services every Friday. The service
Vlada [557]

Answer:

A) Debit Accounts Receivable, $225; credit Fees Earned, $225

Explanation:

Willis owes Jefferson $225 (= 15 hours x $15 per hour).

The accounts receivable is debited because it represents money owed to Jefferson. Since it is an asset account and it increases, it should be debited.

Fees earned is a revenue account and since it increases, it should be credited.

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3 years ago
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