A report sketching out an individual's monetary position at a certain period of time.
Answer:
The correct response is "$2,500". A further explanation is given below.
Explanation:
- Zuri may assume 50 percent of the cost as either a California Kids Adoption expense, but the maximum number would be $2,500, which could be attempted to claim as something of borrowing through one year.
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Less than two are going to have been credit for the very first year.
The technical analysis would be ineffective because The best predictor of future rates would be the forward rate.
Forward rates will includes what the market might exppect for future<span> bond interest </span>rates<span> or currency exchange </span><span>rates while technical analysis mostly rely on the interest rates or currency at current time.</span>
Answer:
voluntary exchange that makes both the consumer and producer better off.
Explanation:
The consumer will purchase at a price lower or equal to he is willing to pay for the good (we assume a rational person will not urchase above their willingless to do so) Thus, either has a surplus or the price is fair
The producer as well, only trades for a price above their expect to sale or that amount. Therefore it has a surplus or received what it expect.
We have determinated there is no winner or losser in trade as both parites agree voluntary without coercion.
Answer:
Explanation:
First, we have to compute the accrued interest amount, then only the adjustment entry would be made.
So,
Accrued interest = (Borrowed amount) × (rate of interest) × (number of months ÷ total number of months in a year)
= $8,000 × 12% × 2 ÷ 12
= $160
The two months is calculated from May 1, 2018 to June 30, 2018
Now, we pass the adjustment entry which is shown below:
Accrued interest expenses A/C Dr
To Interest payable
(Being adjustment entry of accrued interest is recorded)