What does it mean to report expenses by function? Explain the steps in the accounting cycle for a merchandising company. What is meant by the "accrual method" of accounting? Define the following term: Price/earnings ratio. What are considered long-term fixed assets on an accounting cycle workb...
A.We get greater discomfort over a period of time.B.We are tortured by greater discomfort.C.Greater discomfort exists in our body.D.Greater discomfort makes us miserable. 相关知识点: 试题来源: 解析 A [解析] accrue to本意为“增加”。第一段第一句相关部分意为:“但是有时我们会放弃很多快乐,(...
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It’s good advice, but what does it mean?Paying interest on the money you borrow is how a lender can afford to loan you funds. A creditor, like a credit card company, will put this interest into a yearly rate called the annual percentage rate (APR)....
1 But what exactly is cash back and how does it work?What Is Cash Back? Cash back is a credit card rewards benefit that refunds the cardholder a small percentage of each purchase made with the card. Percentages typically range anywhere from 1-3%. But they can go as high as 5% or ...
Does only paying the minimum balance due on your card affect your credit score? Can I pay my credit card multiple times in a month? How can I find my credit card's minimum payment? Subscribe to the CNBC Select Newsletter! Money matters — so make the most of it. Get expert tips, str...
When an introductory or promotional period ends, any remaining balance will begin to accrue interest from that date forward at the standard purchase APR. There’s no additional interest related to the intro period. Learn More What’s a deferred interest credit card and how does it work? A ...
What Are Prepaid Expenses? A prepaid expense (also known as prepayment) is a payment made in advance for an expense that hasn’t occurred yet. But what does it mean for an expense to occur? On the accrualbasis of accounting, expenses get recognized when they are used, consumed, utilized,...
a regular loan, you won’t have any sort of preset repayment schedule, so you can pay the loan back as you like or even leave it outstanding indefinitely. Any unpaid balance will continue to accrue interest until it’s paid off completely, as cash comes into the account and reduces it....
this number encompasses the interest that a balance would accrue over a year based on the card’s pay periods. If you need tocarry a balance on a credit card, the purchase APR is an important number to keep in mind, as it can make a huge difference in how much interest you’ll pay...