Answer:
50
Step-by-step explanation:
Answer:
Step-by-step explanation:
Given
- Deposit = $10000
- Interest rate = 3.2% PA
- Interest type = compound
- Frequency = continuous
- Time = 6 years
Calculation
- Total = 10000*e^(rt) = 10000*e^(0.032*6) = $12116.71
Answer:
3 1/3.
Step-by-step explanation:
Find the LCD multiply, and that's how tou get your answer
Answer:
Dr Cash/Bank $2,250
Cr Account Receivable $2,250
Step-by-step explanation:
At the time the transaction was carried out, that is the previous month, the accounting entries was a debit to account receivable (client account) and a credit to sales account. which is as shown below:
<em>Dr Account Receivable $2,250</em>
<em>Cr Sales $2,250</em>
<em>Being sales on credit to a client.</em>
The client account will have an outstanding debit balance of <em>$2,250 </em>until payment is made. once payment is made, the following entries will be made to ensure no outstanding balance in the client account.
Dr Cash/Bank $2,250
Cr Account Receivable $2,250.
