What type of interest will earn you the most amount on your money?
a. feeding
b. compound
c. ample
d. simple
what is the amount by which a company or individual s assets exceed their liabilities?
a. net worth
b. iou
c. debt
d. income
to invest is to place funds into some type of account in hopes that the funds will do what?
a. diminish
b. decrease
c. recrease
d. increase
what is a type of trading in which goods or services are exchanged between two or more people for other goods and/or services without using money?
a. money
b. farming
c. barter
d. purchasing
what type of system is one that you exchange money for a service or for merchandise?
a. free system
b. currency-based system
c. trading system
d. bartering system
what type of system is one that you exchange money for a service or for merchandise?
a. free system
b. currency-based system
c. trading system
d. bartering system
what type of interest is interest paid on the amount of your original deposit plus on any interest that you have earned previously on the money in an account?
a. simple
b. compound
c. ample
d. rebound
what type of investing is holding an asset for an extended period of time of one to thirty years or longer?
a. permanent
b. long term
c. middle term
d. short term
if you deposit $100 in a savings account, and earn 4% interest this year, how much money will you have at the end of the year?
a. $114
b. $140
c. $400
d. $104.00
what is the total monetary value of all goods and services produced within a country in a year?
a. sup
b. gdp
c. rla
d. pda
a typical family pays how much a year in banking fees?
a. $0
b. $600-$1000
c. $1500-$5000
d. $100-$500
what type of establishments are member-owned financial establishments?
a. banks
b. credit unions
c. stores
d. savings and loans
to invest is to place funds into some type of an account in hopes that your funds will do what?
a. diminish
b. recrease
c. increase
d. decrease
banks are required to do what with their money into the community or provide services to people in low income areas.
a. reinvest
b. sell
c. keep
d. throw away

On april 1, 2017, jiro nozomi created a new travel agency, adventure travel. the following transactions occurred during the company’s first month. april 1 nozomi invested $30,000 cash and computer equipment worth $20,000 in the company in exchange for common stock.2 the company rented furnished office space by paying $1,800 cash for the first month's (april) rent.3 the company purchased $1,000 of office supplies for cash.10 the company paid $2,400 cash for the premium on a 12-month insurance policy. coverage begins on april 11.14 the company paid $1,600 cash for two weeks' salaries earned by employees.24 the company collected $8,000 cash on commissions from airlines on tickets obtained for customers.28 the company paid $1,600 cash for two weeks' salaries earned by employees.29 the company paid $350 cash for minor repairs to the company's computer.30 the company paid $750 cash for this month's telephone bill.30 the company paid $1,500 cash in dividends. the company's chart of accounts follows: 101 cash 405 commissions earned106 accounts receivable 612 depreciation expense—computer equip.124 office supplies 622 salaries expense128 prepaid insurance 637 insurance expense167 computer equipment 640 rent expense168 accumulated depreciation—computer equip. 650 office supplies expense209 salaries payable 684 repairs expense307 common stock 688 telephone expense318 retained earnings 901 income summary319 dividends use the following information: two-thirds (or $133) of one month’s insurance coverage has expired.at the end of the month, $600 of office supplies are still available.this month’s depreciation on the computer equipment is $500.employees earned $420 of unpaid and unrecorded salaries as of month-end.the company earned $1,750 of commissions that are not yet billed at month-end. required: 1. & 2. prepare journal entries to record the transactions for april and post them to the ledger accounts in requirement 6b. the company records prepaid and unearned items in balance sheet accounts.3. using account balances from requirement 6b, prepare an unadjusted trial balance as of april 30.4. journalize and post the adjusting entries for the month and prepare the adjusted trial balance.5a. prepare the income statement for the month of april 30, 2017.5b. prepare the statement of retained earnings for the month of april 30, 2017.5c. prepare the balance sheet at april 30, 2017.6a. prepare journal entries to close the temporary accounts and then post to requirement 6b.6b. post the journal entries to the ledger.7. prepare a post-closing trial balance.

Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?