Answer:
c. credit card bill
Explanation:
A credit card bill is a liability. It is a debt owned by the business to be paid within an accounting period. A credit card reflects authorization by the credit card company of a line of credit for the buyer with predetermined interest rates and payment terms- hence the term credit card. Most companies waive interest charges on the line of credit if the buyer pays its balance in full each month.
Once a credit is established with a credit card company or bank, the customer does not have to open an account with each store . Customers using these credit cards can make single monthly payments to different creditors and can defer their payments.
<em><u>Deffered payments </u></em> are a liability for a customer and need to be paid within the accounting period.
Answer:
babysitting, walking dogs, mowing lawns, shoveling snow,
Explanation:
Answer:
I believe the answer in feeling like an employee
Explanation:
I took the test and the guy above me saying the "cost" or whatever it says, is not right. I read the section it told me where i could find the right answer. it was a little confusing, not gonna lie. So my answer could be just as wrong as the other guy. but as least now you know its 100% not that one.
Answer:
No. Account Type Likely account entries
1. Fees Earned , normal balance is credit (b) Credit entries only
2. Utilities Expense , normal balance is debit (a) Debit entries only
3. Accounts Payable , normal balance is credit (c) both debit and credit entries
4. Supplies , normal balance is debit (c) both debit and credit entries
5. Cash , normal balance is debit (c) both debit and credit entries
6. Accounts Receivable , normal balance is debit (c) both debit and credit entries
Explanation:
Accounts that normally have debit entries include assets (both long-term and current), expenses, and losses. Accounts that normally have credit entries are liabilities, equity, revenue, income or gains. Most accounts have debit and credit entries before their normal balances are indicated. The accounts with debit entries are mainly expenses and losses, while revenues and income have mainly credit entries.
Answer:
When the new processes are developed for manufacturing it results in interest rate fluctuations. However, operational costs would become uncertain which would further affect the total production costs. Thus the value of an investment would be impacted. Automobile demand from the customers will also get affected. thus, fall in interest rate will have a significant and positive affect on the sale of automobiles as well as revenue.
