On the end-of-period spreadsheet, Prepaid Insurance has a balance of $2,400 in the Unadjusted Trial Balance Debit column and an adjustment of $200 in the Adjustments Credit column. What amount should appear for Prepaid Insurance in the Adjusted Trial Balance column and ultimately the balance sheet

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?