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Business Accounting and Bookkeeping

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Laury Hermann

Lvl 9
โˆ™ 2021-10-10 18:35:00
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Cards in this guide (25)
Which American president's image was used first on a circulation coin

Abraham Lincoln

The printing of currency in the US responsibility of

Federal Reserve System

Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59

463.72

Does your checkbook balance when you have outstanding checks that total 224.79 an ending balance of 59.56 outstanding deposits of 325.46 and a checkbook balance of 165.15

no

Sherry had an ending balance of 125.36 outstanding deposits of 153.53 and outstanding checks of 100.19 What was her checkbook balance

178.70

Kenneth is having a terrible time balancing his checkbook He had outstanding checks that totaled 323.14 an ending balance of 232.54 and outstanding deposits of 125.98 His checkbook register bal

Outstanding Checks = $323.14

Current Bank Balance = $232.54

Outstanding Deposits = $125.98

Final Balance = Current balance + Outstanding deposits - outstanding checks

= 232.54 + 125.95 - 323.14

= 35.35

The final balance on Kenneth's account will be $35.35

Which of these should represent the smallest portion of your budget

mis

Which of these is the correct formula for calculating interest on a loan

Interest = Rate x Principal x Time

Which of these would not help you save money
What statement does not apply to high aggregate demand

the concern is that unemployment may increase because fewer workers are needed.

Which of these occurs when a person misrepresents the value of a tradable item or never completes the agreed upon trade

swaplifting

Which of these financial institutions sometimes call their checking accounts share draft accounts

credit unions

Could be used as a legal definition of an estate
  1. How to buy a home this is juicy g!
Which of these is a type of savings account that is designed to accrue interest for a specific period of time

certificate of deposit

What defines the term numismatics

the study of currency

What statement about the federal reserve system is not true

It is responsible for FDIC

What describes discount loans

They require the interest to be paid first.

Calculate the simple interest you would receive in five years on a saving account that earns 7.5 annual interest Your beginning balance is 1236.59

The simple interest over a period of five years is $463.70

What is an example of a bank fee that is charged when opening and using a checking account

minimum check-writing fee

What indicates that a website has been secured

https://

At what age must a person begin receiving their Roth 401 k payments

70 ½

When This is the monthly budget for the reed family. What percentage of expenses is spent on utilities

Divide the utility expense by the monthly budget. Multiply the result by 100.

What of these describes expenses

the amount of money you have spent

When Amanda bought a car for 8500 her loan was for five years at a 4.6 interest rate how much will Amanda pay for her car total including interest

9708.14

Is cheap ticket.com a good way to save money

Yes, cheapticket.com is a very good way to save money. I would suggest giving it a try, or looking for another site with similar features- there are loads of them!

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