Which one of the following account groups normally has a credit balance?
A) assets and liabilities
B) equity and assets
C) liabilities and revenues
D) assets and expenses
C
Business
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A company markets wild and crazy games for teens to play at parties. This is an example of a business market
Indicate whether the statement is true or false
Business
Kayla invested $3,000 and purchased shares of a German corporation when the exchange rate was $1.00 = .91 euro
After six months, she sold all of the shares for 3,180 euros, when the exchange rate was $1.00 = .88 euro. No dividends were paid during the time Heidi owned the shares of stock. What is the amount of Kayla's gain or loss on this investment? A) $613.64 loss B) $613.64 gain C) $497.60 loss D) $497.60 gain
Business