PayPal is an example of a(n):
A) online stored value payment system.
B) digital checking system.
C) accumulating balance system.
D) digital credit card system.
A
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The First Amendment:
A. gives each state sovereign immunity from being sued in federal court by someone of another state or country. B. allows the Congress to levy tax without appointing it among the states or basing it on Census results. C. protects rights of free speech, freedom of the press, and freedom of assembly. D. gives defendants in criminal cases the right to a speedy trial.
Janus, Inc. invests excess cash of $100,000 in corporate bonds on March 30, 2017. The bonds mature 20 years from the date of purchase. Janus plans to hold the bonds until maturity. How does the March 30, 2017 transaction affect the accounting equation?
A) liabilities will increase B) equity will decrease C) long-term assets will decrease D) total assets will remain unchanged