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pogonyaev
3 years ago
9

What happens if you overdraw your checking account?

Business
1 answer:
Alik [6]3 years ago
8 0

Answer:

Your bank can close your account and report you to a debit bureau, which may make it hard for you to get approved for an account in the future.

You might be interested in
________ is the art and science of choosing target markets and getting, keeping, and growing customers through creating, deliver
pav-90 [236]

Answer:

Marketing management.

Explanation:

Marketing management is defined as the process by which conception is implemented, promotion and distribution of ideas, goods and services aimed at satisfying organisational objectives.

It focuses on application of marketing orientation and techniques in an organisation, and management of a firm's marketing resources and activities.

Marketing management involves use or research by marketers for market analysis. Some of the research methods used are qualitative market research, quantitative market research, experimental techniques, and observational techniques.

5 0
3 years ago
Read 2 more answers
The trial balance of Woods Company includes the following balance sheet accounts. Identify the accounts that might require adjus
sasho [114]

Answer: I)Accrued ReVenue /Service Revenue.

2.-Prepaid Expenses/ Insurance Expenses

3.No Entry

4.Prepaid expenses /depreciation expense

5.Accrued Interest payable/Interest Expenses

6.Accrued expenses/ Interest expenses.

7.Unearned expenses/ Service Revenue

Explanation:The type of adjusting entry/ the related account in the adjusting entry is given below

a)For Accounts Receivable---Accrued ReVenue /Service Revenue.

(b) For Prepaid Insurance---Prepaid Expenses/ Insurance Expenses

(c) Equipment ---- Equipment Exoenses. Equipment is a long-term asset that will not last so the cost of equipment is recorded in the account Equipment. No entry is needed in this account.

(d) For Accumulated Depreciation Equipment-----Prepaid expenses /depreciation expense

e) Notes Payable : Accrued Interest payable/ Interest Expenses

(f) Interest Payable--- Accrued expenses/ Interest expenses

(g) Unearned Service Revenue--Unearned expenses/ Service Revenue

7 0
4 years ago
If property rights are not well enforced, all of the following are likely to occur except;_________
aleksandrvk [35]

Answer:

If property rights are not well enforced, all of the following are likely to occur except;_________

A. a significant number of people will be willing to risk their funds by investing them in local businesses.

Explanation:

Other options are likely to occur, except option A.  Investors cannot risk their capital investing in the local economy.  This is the fate of an economy where property rights are not protected.  This also underlines the need for each government to ensure that property rights are recognized and legally protected.

8 0
3 years ago
Ben Collins plans to buy a house for $180,000. If the real estate in his area is expected to increase in value by 1 percent each
rjkz [21]

Answer:

The approximate value of the house is 192984

Explanation:

I don't know what you mean by "<em>Use Exhibit 1-A</em>" but you can calculate this as follows

180000 * (1+1%)^7

The general formula of cumulative interest is

A * (1+i)^n

A = Amount

i = interest, in this case 1%

n = number of periods, in this case, 7

6 0
3 years ago
As the price level declines along the aggregate demand curve, the interest rate is most likely to:___________.
lbvjy [14]

Answer:

a. Decline

Explanation:

Whenever there is a reduction in the price level, this results in gains in the real money supply which eventually moves the LM curve to the right.

Hence, given that, the IS curve has a downward slope, the IS and LM curves will meet at a higher level of income and a lower interest rate.

Therefore, the correct answer, in this case, is Option A: DECLINE

Note LM means Liquidity and Money

While IS means Investment and Savings.

3 0
4 years ago
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