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3 years ago

Please help for brainliest

Business

1 answer:

amm18123 years ago

4 0

Answer:

C balance

Explanation:

it shows balance when you withdraw money

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If real income rises from $5 trillion to $6 trillion while the price level increases by 10 percent, it follows that nominal inco

AVprozaik [17]

The nominal income will increase with the increase in the real income.

<u>Explanation:</u>

Real income of the person is the buying or the purchasing capacity of the person. It is the nominal income adjusted for inflation. If there is an increase in the real income more than the increase in the level of the prices at a particular period of time, it means that the level of nominal income of the person will also increase.

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3 years ago

DonCo, Inc. sold merchandise on January 14, and accepted a 90-day, 5% promissory note in the amount of $5,000. On January 14, th

svetoff [14.1K]

Answer:

The required entries on 14 January is as follows:

Dr Notes receivable $5,000

Cr Sales $5,000

Explanation:

No doubt by selling the merchandise a sale transaction has been discharged since the ownership of the goods has changed hands between the seller and the buyer,hence the seller can record a sale by crediting sales account.

However, since the cash has not been received nor is the transaction a mere credit sale where accounts receivable would been debited,neither the cash nor accounts receivable can be debited.

The debit goes to the notes receivable account, without considering the interest as the interest is considered later on when payment becomes due.

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4 years ago

Read 2 more answers

Record transactions and adjustments Enter the following column headings across the top of a sheet of paper:

Cerrena [4.2K]

Answer:

true

Explanation:

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3 years ago

Passion for change among ________ is greatest when work roles and the social environment encourage them to put their creative id

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It’s D. Entrepreneurs

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3 years ago

Compare the following accounts. Which account will earn more money in interest? Account 1 earns 1.2 percent, compounded yearly.

Alla [95]

<h2>Hello!</h2>

The answer is: Account 3 earns 1.2 percent, compounded monthly.

We are talking about how many money will be earned in interested, which means that the higher percentage in a shorter period of time will earn a higher amount of money.

So, let's check the given options:

Account 1: Earns 1,2 percent compounded yearly, it means just 0,1 percent each month.

Account 2: Earns 1 percent compounded yearly, it means 0,08 percent each month.

Account 3: Earns 1,2 percent compounded monthly and it means 14,4 percent each year.

Account 4: Earns 0,5 percent compounded monthly, which means 6 percent per year.

So, the account 3 will earn more money in interest.

Have a nice day!

5 0

3 years ago