This topic contains a solution. Click here to go to the answer

Author Question: The cost of borrowing money is called ________. A) a financing activity B) principal C) ... (Read 27 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
The cost of borrowing money is called ________.
 
  A) a financing activity
  B) principal
  C) interest
  D) an investing activity

Question 2

Which of the following accounts has a normal debit balance?
 a. Accounts Payable
  b. Merchandise Inventory
  c. Sales
  d. Interest Revenue



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juwms

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

C

Answer to Question 2

b




asd123

  • Member
  • Posts: 557
Reply 2 on: Jul 5, 2018
:D TYSM


DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

For a complete list of videos, visit our video library