Answer: Federal aid
Explanation:
Federal aid helps students with the cost of tuition for everyone. It allows for students to keep out of major debt.
Answer:
Prepaid insurance.......Dr 3,420
To Insurance expense 3,420
(being only 5 months of expenditure to be charged current year and rest to be show as prepaid expenditure)
Explanation:
The economy consists of producers, who make and sell goods and services, and consumers, who buy the goods and services.
Producers rely on consumers to buy from them, and consumers rely on producers to provide the goods and services they want.
Money allows this relationship to work.
Compounding. If you compound your interest, then your interest rate will go up, and you get more interest.
