An overdraft is treated as a loan from the bank to the customer, and the customer must repay that amount to the bank

Indicate whether the statement is true or false


True

Business

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The special journal to record a cash sale is the ____________________ journal

Fill in the blank(s) with correct word

Business

If a company borrows money from a bank as an installment note, the interest portion of each annual payment will

a. equal the interest rate on the note times the carrying amount of the note at the beginning of the period b. remain constant over the term of the note c. equal the interest rate on the note times the face amount d. increase over the term of the note

Business

As a service provider, one way to show you respect customers and are eager to assist as they approach is to ________.

A. simply point them in the direction they want. B. continue whatever you are doing so you look busy. C. grab the customer's arm to steer him or her in the right direction. D. stand up if appropriate and offer assistance.

Business

Explain, with an example, how eco-efficiency can be implemented on an individual and a business scale.

What will be an ideal response?

Business