Answer: No; No.
Explanation:
A debt security is referred to as a debt that can be either purchased or sold in the market between the parties involved before such debt matures.
In this scenario, we should note that the debt security was not classified as available-for-sale and also the 2021 market price decline did not exceed more than the 2022 market price recovery.
Therefore, the answer is No; No
Explanation:
Business is an important source of government revenue so the business activities contribute to the government revenue in the form of taxes such as excise duty, sales tax, income tax, proper tax, entertainment tax and so on.
It also helps to develop our country.
It also helps reduce financial burdens on us.
Business majors learn how to research information using quantitative skills, and then develop ideas based on that information to solve problems.
Business also involves people customers and employees so communication and interpersonal skills are vitally important as well.
Answer:
petty cash 390 debit
cash 390 credit
Explanation:
We are asked for the establishment of the fund
we only <u>need to create the petty cash account</u> for the amount.
And <u>decrease the cash account</u> for the same amount, because is no logner available for other use.
<u><em>When increasing </em></u>the found we do thesame entry for the additional cash
<u><em>If we need to remove</em></u> the petty cash we will reverse this entry for the full amount
<u><em>If we need to decrease</em></u> the petty cashwe will reverse this entry forthe amount deducted
B. To focus on a global market.