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Author Question: The cost of borrowing money is called ________. A) a financing activity B) principal C) ... (Read 93 times)

asd123

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on: Jul 5, 2018
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


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juwms

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Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

b


asd123

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

diana chang

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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