<span>If someone had $5,000 and wanted to place it in a financial institution, what type of institution and account would you suggest to the person?
</span>-12 months or less then a savings account.
<span>-2 year or more then open a no load mutual fund account with a financial institution such as Charles Schwab. </span>
-5 yrs or more then purchase some stock
Answer:
A Journal entry for Brooks Incorporation on January 1, 2019 which is shown below
Explanation:
Solution
Given that:
JOURNAL ENTRY FOR BROOKS INCORPORATION
Date General Journal Debit Credit
Jan 01 2019 Cash 90000
Notes Payable 90000
Thus
A Journal entry was recorded for Brooks Incorporation.
Here, the cash of $90,000 was recorded at the debit side of the Journal.
While the notes payable of $90,000 was also recorded on the credit side
Answer:
Critical-thinking and strategy-based learning behaviors.
Explanation:
According to the information provided, Tabitha is using critical-reading techniques, and she is reflecting on what she's learned, which would be a strategy to learn something.
Answer:
The correct answer is letter "D": Opportunity cost.
Explanation:
Opportunity cost is described as the return of the choice selected over the potential return that could have been obtained from the choice left behind. It represents the return of the option chosen compared to the choice forgone. Opportunity costs is also defined as the return of the best next available option.
