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amandajbrewerdavis
06.12.2019 •
Business
If alex deposits $1,000 from her paycheck into her checking account and, at the same time, increases her credit card balance by $1,500, then her saving is and her wealth ) -$500; decreases by $500b) +$1,000; decreases by $500c) +$500; decreases by $1,000d) -$500; increases by $2,500
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Ответ:
option (A) -$500; decreases by $500
Explanation:
Data provided in the question:
Amount deposited = $1,000
Increase in credit card balance = $1,500
Now,
Deposit adds to assets whereas increase in credit card balances adds to liabilities
Therefore,
Savings = Deposits - Increase in credit card balances
= $1,000 - $1,500
= - $500
Here,
negative sign depicts the decrease in wealth
Hence,
The correct answer is option (A) -$500; decreases by $500
Ответ: