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lesantik [10]
3 years ago
5

In its Declaration of Secession, South Carolina uses the Declaration of Independence to establish:

Business
1 answer:
castortr0y [4]3 years ago
6 0

Answer:

a) that South Carolina is an independent state, which is therefore free to secede from the Union if it so chooses

Explanation:

In 1860, an official secession convention met in South Carolina and issued an ordinance of secession announcing the state's withdrawal from the union. This declaration asserted the right of South Carolina to secede as the United states ad failed to uphold it's obligation therefore this revoked the agreement the State of South Carolina had with the United States.

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Assuming the use of a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal, indicate the jou
Mnenie [13.5K]

To pick the correct journal from the list we should be sure that we will record some transactions in more than one journal.

Explanation:

The combinations are below:

A. Receipt of <em>cash</em> refund from over payment of taxes. (Cash Journal)

B. Adjustment to record <em>accrued salaries</em> at the end of the year (General journal)

C. Providing <em>services</em> on account (Revenue Journal)

D. Investment of additional cash in business by the owner (Cash, General Journal)  (<em>The transaction will be recorded in both cash and capital accounts but instead of the capital, we put it in the General Journal to be transferred later</em>)

E. Receipt of cash on account from customer (Cash Journal)

F. Receipt of cash for rent ( Cash, General Journal)  (<em>The transaction will be recorded in both cash and rent account but for the journal we put the rent part in the General journal</em>)

G. Receipt of cash from sale of office equipment (Cash, General Journal)  (<em>An office equipment is assumed to be a fixed asset, thus its sale will not go into the revenue journal but the General Journal whiles the cash receipt is treated in the Cash Receipts Journal</em>)

H. Sale of used office equipment on account, at cost to a neighbor (General Journal)

I. Closing of drawing account at the end of the year (General Journal)  (<em>The question did not specify whether is was goods withdrawn or cash withdrawn so we assume it to be goods withdrawn</em>)

J. Providing services for cash (Revenue, Cash Receipts Journal)

7 0
3 years ago
The Fed offers three types of discount window loans. ________ credit is offered to small institutions with demonstrable patterns
Soloha48 [4]

Answer:

The answer options to this question are as follows:

to. Seasonal; extended; adjustment

b. Extended; adjustment; seasonal

c. Adjustment; extended; seasonal

d. Seasonal; primary; secondary

and. Adjustment; seasonal; extended

The correct answer is d. Seasonal; primary; secondary.

Explanation:

Seasonal credit is a freely available credit. Seasonality is a concept frequently used in the economic study. It assumes that a large part of the economic variables experience regular fluctuations or changes over time, which makes them predictable and facilitates their temporal study.

The fact that the aforementioned regular variations occur makes many aspects of the present day to be expected. That is, patterns of behavior are often formed in historical series that can be classified in periods of time and that show the evolution of some economic aspect, such as the demand for goods or services, supply, consumption, employment data. , prices, among others.

Primary credit, also known as net internal credit, refers to the financing that the Central Bank provides to residents in the country less the liabilities that it has in favor of these. It is obtained from the difference between the amount of the monetary base and that of net international assets.

Whereas sequential credit is issued on the basis of other credit, for example, a back to back credit.

5 0
3 years ago
The real interest rate is equal to the:_________
ahrayia [7]

Answer:

D. nominal interest rate minus the inflation rate.

Explanation:

The real interest rate has been adjusted for inflation.

If nominal interest rate is 6% and inflation is 2%, then the real interest rate would be 4%.

I hope my answer helps you

4 0
3 years ago
What is a flag drop in cab fees?
Rudik [331]
This is what a customer pays if he or she travels less than a block (for example) and charges mind and decide to get off can. Then after at every additional mile travelled the $2.80 per mile applies.
4 0
3 years ago
The difference between total assets of a firm and its total liabilities is called_______.
Gnom [1K]

The difference between the total assets of a firm and its total liabilities is called <u>net worth</u>.

Net worth is the value of all of your property, minus the whole of all your liabilities. Positioned every other manner, it's miles what you personal minus what you owe. If you owe extra than you own, you have got a bad internet worth. if you very own greater than you owe you will have a nice net well worth.

Net worth is the price of all of the non-economic and economic assets owned with the aid of a man or woman or group minus the fee of all its fantastic liabilities. Net actual worth is the cost of all assets, minus the whole of all liabilities. placed any other manner, internet well worth is what's owned minus what is owed.

The meaning of total assets is all of the property or objects of cost, a small commercial enterprise owns. Included in total belongings are coins, bills receivable (cash thanks to you), inventory, devices, equipment, and so on.

Learn more about Net worth here brainly.com/question/12371230

#SPJ4

4 0
1 year ago
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