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2 years ago

An account that earns intrest and is used to to meet financial goals is a

Business

1 answer:

kirza4 [7]2 years ago

6 0

Answer: Savings accounts

Explanation: Savings accounts pay interest on the money you deposit. Savings accounts allow an unlimited amount of withdrawals each month. Savings accounts may require you to maintain a minimum balance to avoid paying a fee. Savings accounts are best used to store money for longer-term goals.

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You want to know if part time employees become more or less happy with their employment over time. Thus, you give a questionnair

Y_Kistochka [10]

Answer:

:Two students made stem-and-leaf plots for the following data: 530, 545, 550, 555,560, 570. Which is incorrect? Explain the error.

(2 Points)

A; there is no stem for 56.

B; there are no leaves for 55.

Explanation

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3 years ago

Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b

Kazeer [188]

Answer:

Adjusted cash balance : $25850

Explanation:

The goal of a reconciliation statement is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:

1. The process flow starts with the bank’s ending cash balance

2. Add any deposits made by the company to the bank that are in transit

3. Deduct any cheques that are uncleared by the bank

4. Add or deduct any other differences available as necessary

5. In the company bank records, once again start with the ending balance

6. Add interests earned

7. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.

8. Add or deduct any other differences available as necessary

At the end of this process, it is likely that both accounts would be equal and tally.

Please refer attached table for details on the calculation.

6 0

3 years ago

Prepare Journal Entries in a Revenue Journal Horizon Consulting Company had the following transactions during the month of Octob

Alexeev081 [22]

Answer and Explanation:

The recording and the computations are as follows

a. The recording of the October revenue transactions are shown below:

DATE INVOICE NO. ACCOUNT DEBITED POST.REF.

ACCOUNT REC. DR. FEES EARNED CR.

Oct 2 321 Pryor Co.

380

Oct 3 322 Armor Co.

540

Oct 14 323 Pryor co.

190

Oct 24 324 Rose co.

790

Oct 31 1900

b) Now the total amount for account receivable and fees earned is

Account receivable = 1900

Fees earned = 1900

c) The October 31 balance is

October 31 balance

= $380 + $190 - $380

= $190

5 0

3 years ago

Read 2 more answers

Suppose the government implements a negative income tax plan to deal with the poverty problem. The negative income tax rate is s

Andreas93 [3]

Answer:

At least $2,500. If the family's income was $0, then the government will transfer $2,500 to them.

Explanation:

A negative income tax refers to a welfare system where individuals earning below a certain amount, instead of being taxed, receive money transfers from the government.

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3 years ago

Describe a product, and then give an example of a time when the demand for this product night be high and the demand for this pr

Yakvenalex [24]

Icecream, the demand for icecream increases as the temprature becomes hotter but decreases as the temprature cools down

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3 years ago