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MrRissso [65]
3 years ago
10

Why is it important that charters and ordinances do not violate state and federal laws?

Social Studies
1 answer:
bija089 [108]3 years ago
7 0

US Constitution provides for a federal government superior to state governments in regard to enumerated powers. Federal law trumps any state law in explicit conflict. State law subservient to federal law in case of explicit conflict. If state law affords more rights to residents, the state law is presumed to prevail.

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If an expense is paid with cash assets will decrease. retained earnings will increase. liabilities will increase. expenses will
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<u>Answer: </u>

If an expense is paid with cash the assets will decrease.

<u>Explanation: </u>

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  • But as cash is a highly fluid asset, its inflow and outflow do not bother the business much.

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Therefore the correct answer is
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