As interest is
recorded on an interest-bearing note, the interest expense account is<span> and
the Interest Payable account is increased.</span>
The difference between the interest expense
and interest payable is that Interest expense<span> is the cost of debt that has occurred and Interest
payable is the interest expense that has been incurred. on an interest nearing note both accounts are increased.</span>
Answer:
The explanation and solution of this question is given below in explanation section.
Explanation:
The correct option of this question is :
The broker’s escrow trust account.
This method mostly used in freelancing. Upwork is one of the freelancing websites. It uses escrow trust account where potential buyer deposit the down payment and this deposit payment will be released to a potential client as he completes the contract with the buyer.
Why other options are not correct.
The amount does not directly deposited in the seller's bank account. because it is chances that the seller either will not work or complete the work and take the money away.
A salesperson bank account is also an incorrect option.
Answer:
It is said that the country imposes a tariff on the foreign produced goods due to this implementation of tariff the demand for the domestic goods is also high, as a result the exports demand rises. Due to this effect the real exchange rate rises from E1 to E2 and the equilibrium point increased from point one to another.
Firstly you didn’t provide a list for the following BUT don’t click links. They give u viruses. Sorry had to say
Heat is released when a substance changes from a gas to a liquid, or from a liquid to a solid.
When a liquid changes to a solid, we refer to that as the process of 'freezing'.