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vovikov84 [41]
3 years ago
6

Troy has $50 a month transferred electronically from his checking account to his savings account. This is an example of:

Business
1 answer:
kupik [55]3 years ago
7 0

Answer:

Saving plan

Explanation:

The saving plan are the life insurance plans that offers the various opportunity to an individual in order save and accumulated the fund for the upcoming future

Since Troy has $50 a month and the same is transferred electronically from his checking account to his saving account so automatically he saves each month

Therefore the same represent the saving plan

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5 0
3 years ago
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A company's balance sheet shows: cash $39,000, accounts receivable $45,000, equipment $80,000, and equity $87,000. What is the a
Alisiya [41]

Answer:

C. $77,000

Explanation:

Calculation for the amount of liabilities

Using this formula

Amount of liabilities=(Cash+Account receivable +Equipment) -Equity

Let plug in the formula

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8 0
3 years ago
When you receive a loan, the money the lender gives you is called the ____________. A. Interest B. Line of credit C. Principal D
saw5 [17]

Answer:

C.Principal

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hope this helps :)

3 0
3 years ago
Investors nearing retirement will typically shift their investment portfolios to include ________ risk investments.
likoan [24]
The answer to this question is A. Lower
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8 0
3 years ago
On March​ 18, James Smith purchased​ $5,000 of furniture from Home Furnishings on account. The cost of the goods was​ $3,000. On
fenix001 [56]

Answer: C

Refunds Payable 1,000

Accounts Receivable 1,000

Explanation:

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3 0
3 years ago
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