How do I answer this?

When he finishes entering his transactions, Malcolm realizes that his balance is incorrect. Assuming that Malcolm had no beginni

yulyashka [42]

Incomplete question. The full question read;

Malcolm has several receipts from recent transactions that he entered into his records. The receipts include an ATM receipt for an $80.00 deposit, a grocery store receipt for $25.50, and a paycheck deposit slip for $650.00.

When he finishes entering his transactions, Malcolm realizes that his balance is incorrect. Assuming that Malcolm had no beginning balance, what should his correct balance be?

Answer:

$704.50

Explanation:

First, we need to note which transactions are credit transactions, and which is a debit transaction. Remember, a credit transaction basically means a transaction that brings money into your account, while the latter is a transaction that takes money out of your account.

Malcolm's credit transactions:

ATM receipt for an $80.00 deposit

paycheck deposit slip for $650.00

Total: $730.

Malcolm's debit transactions:

grocery store receipt for $25.50

Total: $25.50

Substracting total debit transactions from credit transactions, Malcolm's correct balance would be = $704.50 ($730-$25.50).

8 0

3 years ago

A(n) _____ is the process of examining a need in the market, developing a solution for that need, and determining the entreprene

Alinara [238K]

Explanation:

the answer should be business plan

5 0

2 years ago

In the information age, the obligations that individuals and organizations have concerning rights to intellectual property fall

Allisa [31]

Answer:

a) property rights and obligations.

Explanation:

In the case of the information age, the liabilities at which the individuals and the organizations would be concerned related to the intellectual property could decline that lies with the moral dimension of the property rights and its liability as the intellectual property includes the property rights

SO as per the given situation, the option a is correct

7 0

3 years ago

If a country's nominal interest rate is zero, then Group of answer choices the country's economy is in a liquidity trap. monetar

Flura [38]

Answer:

the country's economy is in a liquidity trap.

Explanation:

A liquidity trap exists when interest rate are close to or equal to zero.

When there is a liquidity trap, expansionary monetary supply would not work because people would prefer to hold cash due to the believe that a negative economic event is about to occur e.g. deflation

When there is a liquidity trap, individuals prefer to save their monies rather than buy bonds

Liquidity trap was first discovered by John M. Keynes

Solutions to liquidity trap

1. Policies that would make savings less attractive

2, Increased government spending

Liquidity trap occurred in Japan in the 1990s and this led to a deflation

6 0

2 years ago

Positioning bounty, a paper towels brand, as "the quicker picker upper" is an example of ________

Ostrovityanka [42]

Positioning bounty, a paper towels brand, as "the quicker picker upper" is an example of positioning against competition

8 0

2 years ago