All categories

3 years ago

What payment type is best if you are trying to stick a budget

Business

2 answers:

gizmo_the_mogwai [7]3 years ago

6 0

Debit is the best payment type

DIA [1.3K]3 years ago

4 0

Cash. Because you're either going to have just enough, or not that much, which can prevent you from buying something that's not a necessity.

Debit would NOT be a good option because it's pulling money straight out of your bank account. So you will most likely always have enough money for anything you want if you have a lot of money in your bank account, and that wouldn't be a good option since you're trying to stick on a budget.

You might be interested in

A company purchased $10,500 of merchandise on June 15 with terms of 2/10, n/45, and FOB shipping point. The freight charge, $750

defon

,Answer:

$9,825

Explanation:

Merchandise Costs must include all costs related to acquisition of merchandise such as freight charges for valuation purposes - IAS 2.

Therefore Cost of Merchandise Purchased was, $10,500 + $750 = $11,250

Merchandise Purchase - June 15 :

Debit : Merchandise $11,250

Credit ; Discount Received (2% x $11,250) $225

Credit : Account Payable (98 % x $11,250) $11,025

Return of Merchandise - June 20 :

Debit : Accounts Payable $1,200

Credit : Merchandise $1,200

Amount to be Paid - June 24 :

Debit : Accounts Payable ($11,025 - $1,200) $9,825

Credit : Cash $9,825

4 0

3 years ago

Help please please please

lisabon 2012 [21]

Answer:

Explanation:

5 0

3 years ago

Read 2 more answers

Suppose the college administrators estimate that the beautification initiative will cost $6,300. to decide whether the initiativ

pochemuha

No because its more than its usally is

4 0

3 years ago

Every decision you make in a computer program involves evaluating one or more _____ expression

pickupchik [31]

Boolean is the answer. Every decision you make in a computer program involves evaluating one or more Boolean expression. The code behind a computer program is basically composed with a lot of Boolean expressions. This is entirely important because computers work in binary and Boolean logic fits nicely with the binary numbering system, in which each bit has a value of either 1 or 0.

5 0

4 years ago

On the first day of the partnership's tax year, Karen purchases a 50% interest in a general partnership for $30,000 cash and she

tamaranim1 [39]

Answer:

D) $60,000

Explanation:

Loss which Karen can report on her tax return will be 50% of the loss for the year = 50% of $ 120,000 = $ 60,000

5 0

3 years ago