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castortr0y [4]
3 years ago
14

Credit and debit

Business
2 answers:
MrRissso [65]3 years ago
6 0

Answer:

Motorcycle A/c Dr. 65,000

To Cash A/c 65,000

Motorcycle is asset

asset will be Dr. when increase

Cash is asset and

asset will be Cr. when decrease

buying motorcycle from cash,

Motorcycle coming cash going

Motorcycle → Debit

Cash → Credit

VLD [36.1K]3 years ago
5 0

Answer:

Motorcycle - Dr.(Debit)

Cash - Credit (Cr.)

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If the exchange rate is 8 moroccan dirhams per u.s. dollars, a crate of oranges costs 400 dirhams in the moroccan capital of rab
strojnjashka [21]
<span>the real exchange rate is greater than one and arbitrageurs could profit by buying oranges in Morocco and selling them in the U.S.</span>
8 0
4 years ago
All the following statements describe the flexibility available to the owner of a universal life insurance policy EXCEPT: Group
miv72 [106K]

Answer:

Policy loans are permitted on an interest-free basis.

Explanation:

The universal life insurance policy refers to a policy in which there is a component of an investment saving also it involves less premium that the person has to pay a low premium amount for continuing the policy. It could benefit the beneficiary after the death of the insured person

So according to the given situation ,for option B there is no flexibility available as no policy loans could be permitted without an interest

5 0
3 years ago
Which of the following is TRUE regarding unexpected expenses?
kaheart [24]

Answer:

They should be planned for.

Explanation:

Unexpected expenses include emergencies and other unforeseen costs that a person incurs in day to day activities.  These unexpected expenses must be paid for, which means resources must come from somewhere to effect the payments.

The best way to cater to unexpected expenses is to include them in the budget. Contingencies is the term used to describe funds kept aside to settle unexpected expenses. Without a contingency arrangement, unexpected expenses will affect the budget and a person's ability to pay normal bills.

4 0
3 years ago
Write a statement that increments total by the value associated with amount . That is, add the value associated with amount to t
marishachu [46]

Answer:

total = total + amount

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The statement that increments total by the value associated with amount i.e add the value associated with amount to that associated with total and assign the result to total is:

total = total + amount

4 0
3 years ago
Imagine you own a small gift shop in a popular but remote tourist location. You want to develop an effective marketing strategy
Arlecino [84]

Answer:

Situational actions on SWOT of a business

Explanation:

<u>Strengths</u>

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You are dependent upon a few artists to keep you in stock.

<u>Opportunities</u>

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The highway that they have been talking about for years is finally being built.

Two new hotels are scheduled for opening next year.

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The price of gas goes up.

Wal-Mart moves into a town a few miles away.

The Post Office decides to cut deliveries on Saturday.

Another gift shop may open next door.

Three marketing actions to ensure the success of the shop and why it will work include:

1. Expand your advertisement outreach for experienced retail workers beyond your location, with motivational packages and incentives. Alternatively, get workers around your location and train them to acquire the required retail experience for the job

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4 0
4 years ago
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