060237rr business and finance basics, part 2 1. what does an amortization schedule show? a. the balance of interest outstanding b. the increase to principal . the portion of payment broken down to interest and principal d. the increase in loan outstanding 2. with a mortgage of $48,000 for 15 years with a rate of 11%, what are the total finance charges? . $50,236.80 b. $545.76 c. $5,023.68 d. $54,576 3. darlene ramirez bought a home for $140,000. she put 20% down with a mortgage rate of 7.5% for 25 years. her yearly payments are a. $1,776. $9,932.16. c. $9,329.61. d. $12,415.20. 4. justin chan bought a scion car for $8,200, putting down $800 and financing the remainder with 60 monthly payments of $179.99. using the tables found in your textbook, the apr by table lookup is a. close to 15 percent b. close to 13½ percent . between 16.00 and 16.25 percent d. close to 14 percent 5.
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Ответ:
Ответ:
Nominal account
Explanation:
Expenses like rent, transportation, and advertising are part of a business (Nominal) account, because they are fictitious.
Personal accounts are the accounts that have to do with individuals, or businesses. A real account is an account that isn't closed when the accounting period ends. The bqlnaces in the real account are carried to the following period. An example of this is cash.
Nominal account is an account that has a zero beginning balance at the start of the year. This is because when an accounting year ends, the nominal account will be closed.