g asked:
the question is..
the question is..
Invest 2,000 in a Certificate of deposit.
What is the journal entry for this transaction?
1st deposit
Posts Tagged ‘Investing’
Journal entry for investing in a certificate of deposit?
Tuesday, January 5th, 2010help please?
Wednesday, June 25th, 2008
Slammy Sammy asked:
investing in a money market mutual fund is a higher risk than investing in a certificate of deposit because, unlike CDs, money market funds:
investing in a money market mutual fund is a higher risk than investing in a certificate of deposit because, unlike CDs, money market funds:
a. are not protected by the securities and exchange commission
b. are not insured by the FIDC
c. do not earn a fixed interest rate
d. must be held for a present amount of time
Tim
