This means that money is never circulated
The family remains the most important consumer buying organization american society and has been researched extensively. Hope this helps, good luck.
Answer:
Interpretation between the auto insurance preniums in Michigan and the National average is that In 2017, the average cost of a personal injury protection claim in Michigan was more than six times the national average. Costs are increasing nearly twice as fast, according to the Insurance Research Council.
Explanation:
The rates of auto insurance Premiums in Michigan are most expensive in America. This is due to Michigan's non-fault insurance system, which provides crash victims unlimited lifetime coverage of medical bills.
As a result of Z best recording the transaction by increasing cash and decreasing stockholders' equity, the result would be The accounting equation is out of balance, SE is understated, contributed capital is understated,
<h3>What happens when stock is incorrectly recorded?</h3>
When Z Best issued common stock, they should have increased cash and increased stockholders equity.
Because they did not do that, they made the stockholders equity understated and the contributed capital as well. As a result of this, the accounting equation will not balance:
Assets = Equity + Liabilities
The accounting equation will not balance because assets will be more than the sum of equity and liabilities.
Find out more on the accounting equation at brainly.com/question/14236545
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Answer:
A primary
Explanation:
The operations of the capital markets are categorized into primary and secondary markets. The primary market is where enterprises sell new bonds and equity to the public for the first time. A good example is the initial public offering (IPO). An IPO is a process of issuing out new shares of a corporation to the public for the first time.
The primary market is for new shares, bonds, and other money market securities issued for sale for the first time.
