Answer:
$ 5,937.00
Explanation:
The credit to retained earnings in the year would be the net income for the year which is computed as sales and rent revenue added together minus salaries and wages expense,depreciation expense , utilities expense recorded in the year.
Net income=$13,108+$2,756-$6,639-$1,610-$1,678=$ 5,937.00
All in all,the credit to retained earnings would be $ 5,937.00
The net income is the amount by which the overall retained earnings would increase in the current year
<span>I don't think there was any official contract set in place. It says they wrote a letter and said they'd sell it before June 1st. However, this wasn't a contract. It was only a letter of information. No one had a contract so no contract could have been breached.</span>
Answer: d. and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange
Explanation:
Checking accounts : Is a type of account operated with a financial institution that allows the customer to deposit and also make withdrawals. It is also knowns as transactional accounts. In running a checking account, account owners can have access to their money using debit cards, and the use of cheque.
•What makes checking account different from other types of bank account is that it allows the owner to make numerous withdrawals and there is also no limit to deposits.
Stock: Is an investment owned by an individual or groups through the purchase of shares from a company, it could also be a certificate issued to indicate ownership of shares in an organization.
•It is a a way of investing for an investor because as the stock grows the money also grows and also a means of raising money for an organization.
Bonds: Are issued by an organization in other to raise capital, they are securities with fixed income. The bond holder lends money to the bond issuer and the money is paid back at a fixed payment rate within a period.
Answer: The correct answer is "near moneys".
Explanation: <u>near money is a financial asset that cannot be directly used as a medium of exchange but can be readily converted into cash or checkable bank deposits.</u>
It is a term that in finance is used to refer to an asset that despite not being usable money as a medium of exchange, has a high degree of liquidity, that is, it has the facility to quickly become cash.
The key difference is that an outlook contact display only the email address and name through which they can connect with you but an outlook business card shows detailed information about your contact and your business.
<h3>What is an Outlook contact?</h3>
In Microsoft outlook, an outlook contact primarily shows your name, email address, and profile picture through which people can connect with you.
However, an outlook business card represents your business brand and shows detailed information about your contact and your business.
Therefore, the key difference is that an outlook contact display only the email address and name through which they can connect with you but an outlook business card shows detailed information about your contact and your business.
Learn more about an outlook contact here:
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