The office of vocational and adult education (OVEA) states that almost all high school students take at least 1 CTE course, and 1 in 4 students take 3 or more courses in a singled programmed area.
Answer:
credit to interest revenue for $132
Explanation:
given data
face value = $8,800
interest rate = 6 %
time = 90 days
solution
if we see here journal entry that is
date particular debit credit
October 30 cash A/C $8932
to notes payable $8800
to interest revenue $132
( $8800× 6% ×
)
so here credit to interest revenue for $132
Answer:
Gross national income
Explanation:
Gross national income is the income earned by a country's residents. Income from abroad is also included in the calculation of GNI. Income earned by non residents in the domestic economy is substracted.
GNI = GDP + [(income from investments abroad) – (income sent abroad)].
The secured credit cards are backed by a collateral deposit against the risk of default in repayment by the cardholder. Each card is liable to be repaid by the cardholder with the amount of purchases being made.
<h3>What is a credit card?</h3>
A card, or a form of plastic money, issued by a financial institution in such a way that the person to whom such card is issued can utilize it to purchase goods and services on credit, is known as a credit card.
A secured credit card is a safe and risk-free form of issue for the issuer, as it is covered by a security deposit as a collateral. Repayment is done either out of the deposits, or by manual payment by the cardholder.
Hence, the significance of a credit cards is given.
Learn more about credit cards here:
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