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mihalych1998 [28]
3 years ago
10

What is the source document for payment on account​

Business
1 answer:
Pie3 years ago
7 0

Answer:

RECEIPT

Explanation:

Receipt is an evidence of making the payment on account of any business transaction. This source document is prepared for showing the proof of giving any cash to the party (who receives the cash) on account of any business transaction.

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"You plan on saving money for retirement in 30 years (t=30) at which time, you wish to have saved $1,000,000. In order to do thi
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Answer:

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Explanation:

Giving the following information:

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A= (577274.05*0.06)/[(1.06^20)-1]= 15692.9393

<u>X= $15,692.9393</u>

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