For the Sentence Below, Write an Equivalent Expression in Symbols

question 208

Essay

For the sentence below, write an equivalent expression in symbols. The product of 7 and y is less than or equal to the sum of y and 5.

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Definitions:

Credit

An accounting entry that increases a liability or equity account, or decreases an asset or expense account.

Adjusting Entry

An entry made in the accounts to reflect a correct amount of revenues and expenses for a specific period before preparing the financial statements.

Consulting Fees-Revenue

Income earned by an individual or a company for providing professional advice or services to clients.

Cash

A form of liquid asset that consists of currency, including coins and banknotes, which can be used immediately for transactions.