Answer:
2. The real interest rate is the nominal interest rate minus the rate of inflation.
Explanation:
Real interest rate = nominal interest rate - inflation rate
Nominal interest rate = real interest rate + inflation rate
I hope my answer helps you
Answer:
he gets alot
Explanation:
uh yeah uuuuuuhhh look it up on gogle or something
Answer:
37
Explanation:
Just do the math and you'll find that is 37
Zero there is never any spaces in the email
Answer:
See below
Explanation:
The donation will increase the assets and the owners' equity. Land and building are assets. An increase in assets is debited.
Donations received are equivalent to 'income' to the business. They add to equity. An increase in equity/capital accounts is credited.
The journal entry will be
Land A/c DR. $39,000
Building A/c DR.$395,000
Donations received A/c CR.$434,000