The amount paid to a depositor for keeping their money in a savings account is called <u>"interest".</u>
You can open different sorts of personal savings accounts with banks, merchants and speculation firms. Savings accounts offer low returns contrasted and most different speculations, however are okay and a decent method to acquire enthusiasm until the point when you are prepared to move assets into higher-return ventures, for example, stocks and bonds.
The interest on every single individual savings accounts is computed as compound interest.
Regular savings accounts normally pay bring down loan fees than those paid by currency market accounts.
Explanation:
The journal entry is shown below;
Short term investment A/c Dr $156,000
To Cash $156,000
(Being the cash is paid to purchase the short term investment)
For recording this transaction we debited the short term investment and credited the cash as cash it is outflow and at the same time it increases the asset so it would be debited
Option D
In terms of the global marketplace there are three primary types of companies: international, multinational firms, and transnational firms
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Explanation:</u></h3>
Global marketing is larger than only trading a product internationally. Preferably, it covers the entire process of preparation, manufacturing, fixing, and selling a company’s goods in a worldwide market.
An international company is included in transporting and trading its goods and services to different nations, but other than shipping has no other financing in these other nations. All of the business purposes and headquarters reside in the country of origin, and there are no parts of the company across in any of the nations the market trades with.
Answer:
B. The ISP responded expeditiously upon notification of the claimed infringement.
Explanation:
As the name represent that internet service providers are the providers who provides the internet connections and services to the individuals, companies, etc. In addition to this, it also provides the software packages that could be in terms of browsers, e-mail accounts, etc
So based on the given situation, the option B is incorrect as it would not be repsonded at the time when there is a claimed infringement notification comes
