Answer:
The correct options are:
- A. It is used to avoid the time and cost of writing checks for small amounts.
- C. It is established to pay for small payments like postage, shipping fees, etc.
- E. It is an asset reported on the balance sheet.
Explanation:
A Petty Cash Fund is a small amount of money that is kept on hand to be used in covering for the making of purchases that are too small to bother to write a check. Money from the petty cash fund can be used to pay for minor expenses such as postage, cab fares, shipping fees or office supplies.
Petty cash fund appears in the balance sheet on the current assets section. This is because line items in the balance sheet are sorted according to their order of liquidity. Since petty cash is highly liquid, it always appears near the top of the balance sheet.
Answer:
the answer's D, the energy expended to produce the product.
Explanation:
The real question is why do Flying Fish not choose to fly across the world into a nicer place? Like, if they can fly why don’t they go on holiday
<span>Let us assume Toni made 100 apple pies in 10 hours, that means 10/hour.
Now, with help of assistant she produces 60% more and work for 20% less time.
So,
[100+(60% of 100)] = 160 apple pies produced in [10-(20% of 10)]= 8 hours.
160/8 = 20/hour
So, with the help of assistant Toni's output of apple pies per hour increases by 100%.</span>
Answer:
Installment
Explanation:
In installment credit, the borrower makes periodic, fixed, and scheduled loan repayments. The loan has a set timeline by which it ought to be fully repaid. The periodic repayments( installments) are mostly monthly. The installment amount is predetermined and includes the principal amount and an interest component.
Every installment payment reduces the loan balance. The borrower continues making payments until the entire loan is repaid. Installment contrasts with revolving loan type. Under the revolving loan, the lender sets a loan limit for the borrower. The borrower can borrow as many times as long as they are below the set limit.
