Whenever the bank mails a credit memo to the depositor indicating the amount of interest credited to the account, the transaction that would be entered in the accounting records of the depositor would include

Answers

Answer 1

Answer:

debiting Cash and crediting Interest Earned.

Explanation:

In the case when the interest is credited so the transaction that could be entered in the records of the accounting of the depositor would be involves by debited the cash and crediting the interest earned.

The journal entry is shown below:

Cash Dr  XXXX

        To Interest Earned XXXX

(Being interest earned is recorded)

Here cash is debited as it increased the asset and interest earned is credited as it increased the revenue


Related Questions

Betty and Allen's child, Cara, is usually in a pleasant mood. She has a regular routine but can readily adapt to changes. According to Chess and Thomas, Cara would be classified as:

Answers

Answer:

Easy child.

Explanation:

Chess and Thomas classified children into three categories according to their temperaments, namely easy, slow-to-warm, and difficult child.

According to the temperament and behavior of Cara, she would be classified as an easy child as she is generally happy or in a pleasant mood most of the time. Cara is also an active child who performs her routines regularly and can easily adapt to new situations. These behaviors come under the category of an easy child.

Who controlled the northwestern side of Africa

Answers

European colonization

During the 18th and 19th century, North Africa was colonized by France, the United Kingdom, Spain and Italy.

describe the journey of Joliet and Marquette

Answers

Answer:In two canoes paddled by five voyageurs, Marquette and Joliet left St. Ignace, at the head of Lake Michigan, well, on May 17, 1673. They crossed Wisconsin between June 1 and June 17, then they  followed the Mississippi River hundreds of miles south to Arkansas.

Explanation:

I hope this helps.

Which of the following statements describes the structure of the government outlined in the
Constitution? Select all that apply.
The executive branch would carry out the laws.
The executive branch would make laws.
The legislative branch would make laws.
The legislative branch would interpret laws.
The judicial branch would interpret the laws
The judicial branch would carry out the laws.

Answers

Answer:

The judicial branch would interpret the laws

The executive branch would carry out the laws.

The legislative branch would make laws.

Select all the correct answers.
In which of these cases would the FDA intervene?
a merger of a drug company with its competitor
the release of a new drug for treating diabetes
a rise in the prices for all imported food products
the use of an artificial flavoring agent in a soft drink

Answers

Answer:

The Release of a new drug for treating diabetes

The use of an artificial flavoring agent in a soft drink.

These cases would the FDA intervene are:

the release of a new drug for treating diabetesthe use of an artificial flavoring agent in a soft drink Thus, option (b) and (d) is correct.

What is intervene?

A policy of interfering in the internal affairs of another country by coercion or the threat of force is known as an intervention. Military, political, cultural, economic, humanitarian, or a combination of these can all be used as forms of intervention.

The FDA is shortened to the “Food and Drug Administration.” The U.S. Department of Health and Human Services is where the FDA is an organization. Human safety and security are primarily the FDA's concern when it comes to protecting the public health and ensuring people's safety.

Medical gadgets, cosmetics, soft drink flavors, biological goods, and veterinary medications are all under the FDA's watchful eye.

Therefore, (b) and (d) are correct.

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Divide the words below into four sentences, but leave them in a single paragraph. Don’t add or remove any words. Type your sentences in the space below the dotted line.
Snakes are cold-blooded creatures they are only as hot or
cold as the air around them that is why you don’t find many
snakes in cool countries such as Norway it’s simply too
chilly for them to stay alive.
ps: I need the answer quickly

Answers

Answer:

Snakes are cold-blooded creatures. They are only as hot or cold air around them. That is why you don't find many snakes cool counties such as in Norway. It's simply too chilly for them to stay alive.

Standard of living is the level at which

Answers

Answer:

Standard of living refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Explanation:

check the website "investopedia" thats where i found this answer. Hope this helps

The psychologist quoted in the article says, "Social media can be the modern day version of ‘Keeping up with the Joneses.’" What does she mean by that statement?

Answers

Answer and Explanation:

The expression "keeping up with the Joneses" is used to refer to people who keep comparing their lives to someone else's, usually in a way that makes them feel bad about themselves. If you are keeping up with the Joneses, you are constantly dissatisfied with what you have, feeling envious of what others possess or of the lifestyle they display.

That is what the psychologist quoted in the article means when she says "Social media can be the modern day version of 'Keeping up with the Joneses.'" Social media has made it possible for us to compare ourselves to all types of people all the time. We do not depend on TV shows to see the lifestyle of the rich and famous anymore. Anyone can display their lives, relationships, possessions, or bodies online. And, since people tend to show only the happy, luxurious, "perfect" side of their lives, we tend to think of our own lives as lacking, as inferior.

List 11 things you know about Islam please give good answers who ever gives the best answers gets over 30 points and brainliest no short lazy answers list!

Answers

Answer:

Explanation:

Islam as a word means ‘surrender’, which is connected to the fact that Islam as a religion and way of thinking is about surrendering oneself to God. Islam is monotheistic religion meaning it preaches that there is only one God. God is called Allah and he is beyond the comprehension of the human being. Islam as teaching rejects any idea of polytheism, as well as the Christian's idea of the Holy Trinity.Islam is one of the Abhramic religions, meaning it comes from Semitic religion and Judaism, just as Christianity does. Islam doesn’t deny the existence of Jesus but sees him as a prophet, rather than as God.Muhamed is understood as a messenger of God, the prophet, and the founder of Islam. It is believed it was him who received Quran verses from archangel Gabriel. He also unified Arabia under one religion of Islam.Quran is the main religious script of Islam. It is thought of as a scripture delivered directly from God and his literal words, unaltered and complete. Quran has 114 chapters wrote in verses. Basic acts of Islam are put together in the so-called Five pillars of Islam. They are the Profession of faith, prayers, almsgiving (giving in the name of charity), fasting, and pilgrimage.Pilgrimage, the final pillar, is also called Hajj. It takes place during the 12th month of the lunar calendar. All adult Islam believers should perform pilgrimage once in their lifetime. They should go to Mecca, Saudi Arabia, which is the holiest city in Islam and where is the biggest gathering of the Muslims in the world.Fasting, the fourth pillar of Islam, is performed during the month of Ramadan, the ninth month of the Islamic calendar. At this time, all adult Muslims around the world should not eat or drink from sunrise to sunset. It lasts from one crescent moon to the next and must be performed by all capable believers (those who are not chronically ill, breastfeeding, elderly, sick, diabetic, or menstruating).There are two main movements (denominations) in Islam – Sunni and Shia. They are different in their beliefs about succession to Muhamed.There are many Muslims around the world, in Asia, Africa, but also in America and Europe. Indonesia has the largest Muslim population in the world, and 13% of all Muslims live in this country.The place of Islam worship is called Mosque and it serves as a place for prayer for all the Muslims in the community. They are primary used for communal prayers on Fridays (jami). Mosques have various architectures around the world, but they commonly feature minaret – tall and slender tower used for the call to prayer.

Question 1 of 10
One major difference between compound interest and simple interest is that
simple interest:
A. is charged on the interest accumulated on a loan.
B. is not eligible for forgiveness as part of a bankruptcy.
C. is charged only on the original amount borrowed.
D. is only available on loans to businesses.
SUBMIT

Answers

Answer: C. Is charged only on the original amount borrowed

Explanation:

One major difference between compound interest and simple interest is  is charged only on the original amount borrowed Option(c) is correct.

What is Simple interest?

Simple interest is the interest which is actually calculated by using only the principal amount balance of the loan actually at each period of the time as and when required.

Simple interest gradually or basically have the fixed value of the percentage or the principal amount which is actually borrowed and in the simple interest the value of the principal remain same all of the time which means it is same every year during that initial period of the time accordingly.

Simple interest usually includes the factor in the overall business transactions or the investments or the financial products which should be extended over the multiple period of the time as required in the question during which the interest is charged only on the principal amount only all of the time as it is required necessary.

Therefore Option(c) is correct.

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The differing meanings of "valid inference" and "warranted inference" are closely related to the differing purposes of deductive and inductive arguments – the purpose of deductive being to prove; the purpose of inductive to make the conclusion most probable. Look up the words "valid" and "warranted." Each of these words, you will find, has what is known as a lexical definition – that is just the dictionary definition of the word. Words also have a certain connotations - meanings that go beyond their lexical definitions; associated ideas and concepts – think of terms such a "fur baby" as the name for a pet.

Required:
Briefly discuss how the lexical definitions and connotations of "valid" and "warranted" can help us understand the differing purposes of deductive and inductive arguments.

Answers

Answer:

The definition including its query given is defined in the following part.

Explanation:

As when the pedals throughout his bike had holes in them, Sam wanted a new pair of bicycle pedals. He bought a pair from a nearby supermarket, All Things Sporting, after searching numerous shops to locate the correct ones, and had been pleased whether his requirements were fulfilled.  The utilitarian value adequately explains the value Sam got, as when the overall needs or demands requested by the people were significantly fulfilled by accessing the actual shop, making a bad situation easier and calmer to comprehend.

Which of the following is considered a benefit to using wind energy as a source of power?

Answers

Answer:

Wind energy does not pollute

Explanation:

Why is it important to have a personal mission statement

Answers

Answer:

They force you to think deeply about your life, clarify its purpose, and identify what is truly important to you

Explanation:

Hope this helps!

Who were the Spartans?
1.male nobles
2.males in the army
3.malesintheGeneralAssembly
4.males in the Council

Answers

Answer:

males in the army

Explanation:

Who were the Spartans?

male nobles

males in the army

males in the General Assembly

males in the Council

Who was the first explorer to settle in America?

Answers

Answer:

Leif Eriksson Day commemorates the Norse explorer believed to have led the first European expedition to North America. Nearly 500 years before the birth of Christopher Columbus, a band of European sailors left their homeland behind in search of a new world.

Explanation:

Answer:

Vikings

Explanation:

For a long time, most people believed that Christopher Columbus was the first explorer to "discover" America—the first to make a successful round-trip voyage across the Atlantic. ... Five hundred years before Columbus, a daring band of Vikings led by Leif Eriksson set foot in North America and established a settlement.

Which is a threat to environment?​

Answers

Answer:

global warming , poluttion

The National Wildlife Federation unites Americans addressing these environmental threats and protecting our wildlife and their habitats.

Eight-month-old Kimberly responds to her first plum by rolling it around her high chair tray as if it were her red rubber ball. This demonstrates the Piagetian process of:

Answers

Answer:

Assimilation

Explanation:

Children constantly acquires new information and experiences in early childhood and assimilate that information into their existing knowledge about the world.

Eight-month-old Kimberly responds to her first plum by rolling it around her high chair tray as if it were her red rubber ball. This demonstrates the Piagetian process of Assimilation.

What is an issue and what is the best way to identify it

Answers

Hey wassup how you doing today

The Taklimakan Desert is located in __________.
A.
China
B.
Japan
C.
North Korea
D.
South Korea

Answers

Answer:

A. China

Explanation:

The Taklamakan Desert (/ˌtæk.lə.məˈkæn/; Chinese: 塔克拉玛干沙漠; pinyin: Tǎkèlāmǎgān Shāmò, Xiao'erjing: تَاكْلامَاقًا شَاموْ‎; Dungan: Такәламаган Шамә; Uyghur: تەكلىماكان قۇملۇقى‎‎; also spelled Taklimakan and Teklimakan) is a desert in Southwest Xinjiang in Northwest China. It is bounded by the Kunlun Mountains to the south, the Pamir Mountains and Tian Shan (ancient Mount Imeon) to the west and north and the Gobi Desert to the east.

While most researchers agree on makan being the Persian word for "place", etymology of Takla is less clear. The word may be an Uyghur borrowing of the Persian tark, "to leave alone/out/behind, relinquish, abandon" + makan. Another plausible explanation suggests it is derived from Turki taqlar makan, describing "the place of ruins". Chinese scholars Wang Guowei and Huang Wenbi linked the name to the Tocharians, a historical people of the Tarim Basin, making the meaning of "Taklamakan" similar to "Tocharistan".

I said it the ''Smart'' way

~Ok it hope this helped i some way! ~^^

! I did not google any of this info!

Answer:

A

Explanation:

yes

An inventor wants to start a new business selling her products but isn't sure how to organize it. She is most concerned with being in complete control of all decisions that the business makes . She does not want other people ruining her plans by insisting on doing things their own way. Which business organization would best meet her needs A. Partnership B. Co C. Firm D. Sole proprietorship
please answer if you actually know it

Answers

Answer:

D.Sole Proprietor

Explanation:

Have an amazing day :)

An inventor wants to start a new business selling her products but isn't sure how to organize it. She is most concerned with being in complete control of all decisions that the business makes. She does not want other people ruining her plans by insisting on doing things their own way. Sole proprietorship business organization would best meet her needs. The correct option is D.

What is owner vs sole proprietor?

A single person, or a husband and wife team, is the owner of a sole proprietorship. According to the law, the owner and the company are one and the same, with the company serving as an extension of the owner. The owner is in complete control of how his company is run and is still responsible for all decisions and debts made by the company.

A person who runs an unincorporated business alone is known as a sole proprietor. If you choose to treat a domestic limited liability company (LLC) as a corporation, however, and you are the only member, you are not considered to be a sole proprietor.

Thus, the ideal selection is option D.

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What would a son do that would result in being ruled by a servant?
a.
leave home
c.
eat dry bread
b.
act shamefully
d.
feast daily

Answers

Answer:

it's a leave home because the other ones I dont think.

Answer:

B. Act shamefully

Explanation: If you read the paragraph it says, "A servant who acts wisely will rule over a son who acts shamefully, and will share in the inheritance among brothers.”

Feel free to give brainliest if you want to.

In ancient Egypt, the main duty of the vizier was to

Answers

Answer:

to supervise the running of the country, much like a prime minister.

hope this helps

Droughts Are Caused By

A) Aggressive Wildfires

B) Hurricanes That Come Ashore

C) Overworked Farmland

D) Little Precipitation Over A long Time

Answers

Answer:

I think so the answer should be aggressive wild fires draught are caused by aggressive wildfires

Answer:

d <3

Explanation:

Which service industry thrives and Belize and Guatemala
A. Finance
B. Tourism
C. Insurance
D. Health care

Answers

Answer:

B. Tourism

Explanation:

Which answer choice correctly describes how the US Constitution fixed a problem or problems of the Articles of Confederation?
O A Under the Constitution, the people could directly elect their representatives in the US Senate.
OB. Under the Constitution, the state governments were granted more control over immigration and trade.
OC. Under the Constitution, the federal government had the power to enforce laws but was checked by Congress and the court syst
OD. Under the Constitution, political candidates must be a member of a political party so that they represent the interests of the
people.

Answers

Answer:

C. Under the Constitution, the federal government had the power to enforce laws but was checked by Congress and the court system

Explanation:

The weaknesses or problem with the Articles of Confederation is that  Congress has very little power and no support from state governments to maintain their power. Congress requires the voluntary agreement of the states for several activities such as trade regulation, funds raising, or conduct foreign policy.

To fix this problem in the Articles of Confederation, the US Constitution needs to give some powers to the federal government such as to enforce laws but only after the agreement of Congress and the court system. This action will maintain an equal division of powers between congress and states.

Hence, the correct answer is "C".

How objective is the study of philosophy of human person​

please help me tomorrow is my schedule to past my modules please

Answers

Answer:

Philosophy of Human Person is a philosophical investigation concerned with questions such as the status of human beings in the universe and the purpose or meaning of human life.

Explanation:

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions.
Online Content: Site 1

During a study session why should you work on your most difficult assignment first?

Answers

once you get past the most difficult, you will be able to fly through the easier ones and will not feel discouraged at the end and say things such as “at least i did the easy ones”. it leaves no space for procrastination or giving up.

Assignments are the tasks or the project assigned to a person during his job or study.

During the study session, one should work on a difficult assignment first as it requires effort and mental energy.

If one will work on a difficult assignment then the person will feel encouraged and confident in working on small and easy tasks.

If difficult tasks are completed first then the tasking will be easier and will be dealt with fresh mind.

The person will not give up on assignments as the difficult ones are already accomplished.

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From what two countries was immigration into the North Carolina heaviest?

Answers

Answer:

México And India

Explanation:

Did Miller or California win? Miller VS California

Answers

Answer:

Miller

Explanation:

Answer:

niller

Explanation:

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JUST PLEASE HELP ME I CANT I WILL GIVE BRAINLIST J SWEAR IM BEING TIMED

Answers

Answer:

it is africa because of the lines

Answer:

land forms africa

Explanation:

Other Questions
which is the following solution to x-13 Select four examples of fluid or pneumatic power systems. On July 1, 2020, Culver Inc. made two sales. 1. It sold land having a fair value of $902,220 in exchange for a 4-year zero-interest-bearing promissory note in the face amount of $1,419,656. The land is carried on Culver's books at a cost of $590,900. 2. It rendered services in exchange for a 3%, 8-year promissory note having a face value of $402,150 (interest payable annually). Culver Inc. recently had to pay 8% interest for money that it borrowed from British National Bank. The customers in these two transactions have credit ratings that require them to borrow money at 12% interest.Record the two journal entries that should be recorded by Sunland Inc. for the sales transactions above that took place on July 1, 2020. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. July 1, 2020 2. July 1, 2020 What is a noun clause? White Fang saw his mother taken aboard Three Eagles canoe, and tried to follow her. A blow from Three Eagles knocked him backward to the land. The canoe shoved off. He sprang into the water and swam after it, deaf to the sharp cries of Grey Beaver to return.This is an example of conflict betweenGrey Beaver and Three Eagles.White Fang and nature.White Fang and Three Eagles.White Fang and Lip-lip. Please ANSWER HURRY?!What did de Niza say he saw at Hawakuh? Why is water scarcity a problem in the 21st century? (Site 1) What is the solution to the linear equation?12 + 3b 1 = 5 bb = 2b = 1.5b = 1.5b = 2 The radius of Mars is 3.4 x 10^6m and the period of Mars's rotation is 24 hours. What is the radial accelerations (in m/s^2) of an object on the ground at its equator?A. 0.018m/s^2B. 0.136m/s^2C. 0.068m/s^2D. 0.376m/s^2 Find the measure of an angle such that the sum of its supplement and four times itscomplement is 13 less than twice the angle.Show work Whats the highest common multiple? what is the provincial capital of lumbini province The circle shown has a radius of 12 mm. What is the circumference of the circle? Where does Washingtons loyalty reside during the onset of tho conflict Does anyone know what instant gratification is? Alex bought 2 1/4 pounds of M&Ms and 1.6 pounds of gummy worms. If the M&Ms cost $2 per pound, and the gummy worms cost $ $2.75 per pound, how much did he spend? Two friends operate a trucking company that delivers Goods across three states they lose $24.50 each time a customer chooses to make a delivery with a competitor? Which expression shows the amount that the trucking company makes if P people use a competitor for delivery and the company makes $3,125 before the competition is considered Who must approve all appointments of federal judges?A presidentB SenateC House of RepresentativesD Supreme Court Bus A and Bus B leave the bus depot at 3 pm.Bus A takes 25 minutes to complete its route once and bus B takes 30 minutes to complete its route once.If both buses continue to repeat their route, at what time will they be back at the bus depot together?Assume the buses have no breaks in between routes.Give your answer as a 12-hour clock time. The number of hours worked by each of the employees last week at two stores are listed below.Hours Worked in a Week at Two StoresStore 1 16, 28, 36, 40, 78Store 2 22, 27, 33, 36, 40Which statements are true and supported by the data in the table? Check all that apply.The data for store 1 shows greater variability.The median number of hours worked for the two stores is the same.The mean of the data for store 1 is greater than the mean of the data for store 2.The interquartile range of both data sets is the same.The range of the data for store 1 is less than the range of the data for store 2.