Answer:
D) cash items in the process of collection fall by the amount of the check.
Explanation:
Cash Items in the process of collection are all the item which is due and are in collection process. When a fund for a deposited check is received it is transferred to the depositor's account and in process collection are reduced the balance of account holder is increased. So, the appropriate answer is D) cash items in the process of collection fall by the amount of the check.
Answer:
"D" is the correct answer.
All of these.
Explanation:
NOTE: in this question, options part is missing, The option for the following question is :
b. Additions to business stock
c. firms' buy of equipment
d. All of the above
Gross Domestic Product is the overall financial or retail value of all completed production of goods and services in a specific period within a country.
formula to calculate GDP is as follow
GDP = C + I + G + NX
where C stands for Private consumption.
I stands for investment
G stands for government consummation
NX for net export (total export - total import)
GDP use to calculate countries total gross production during a particular year.
Answer:
The answer is: Assigning accounts receivables as collateral for a bank is not a asset transfer.
Explanation:
Even as the bank offers Sun Inc. with a factoring limit, the accounts receivables are still in the firm's accounting book. The firm has the obligations to go after their debtors for collections. The account receivables are transferred to creditors when a company becomes defaulted or bankrupted.
Answer:
an act of breaking the terms set out in a contract.