The correct answer for this question is "c. owner's capital, revenue, and expense accounts." The accounts listed on the trial balance with a credit balance include the <span>owner's capital, the revenue, and the expense accounts. The trial balance </span><span> is a two-column schedule with all the debit </span>balances listed<span> in one column and all the </span>credit balances listed<span> in the other. </span>
The answer is: [A]: "TRUE" .
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Answer:
c. 7 percent
Explanation:
The real interest rate will be net of the effect of inflation.
In this case we are givne with the principal and the amount.
We will solve for nominal rate first:
amount/ principal - 1 = rate
1,120/1,000 - 1 = 0.12
Now, we calculate the real rate of return. we subtract the inflation from the nominal to achieve the real rate.
nominal - inflation = real rate
0.12 - 0.5 = 0.07
The real interest rate will be of 0.07 = 7%
"C is correct answer. "Exhaust is to be thorough covering all points to use up the waste fumes from an engine. "Hope this helps!" "Have a great day!" "Thank you for posting your questions!"
