Answer:
When issuing a check to a creditor as is being done here, you need to debit the creditors account (Accounts Payable) to show that you are paying off the debt.
You also need to credit cash because a credit will show that cash was used to pay for something and so has reduced.
Date Account Title Debit Credit
XX-XX-XXX Accounts Payable - Saurya Stores Rs. 39,000
Cash Rs. 39,000
Answer: Piggy backing
Explanation: Piggy back exporting is done by suppliers of a product and entails them supplying a certain function of the business only and just buying the actual product from local sellers. Another option can be that the supplier works with the local seller, and sells the seller's goods on behalf of seller for a commision. The suppliers are known as the carriers and the local sellers are known as the riders.
The customer entering the foregin market is the rider, and the suppliers supplying the parts ahd customer service is the carrier. The customer does not fully need to produce the product from scratch, and is able to acquire this from the suppliers who already have it. The custoemr, who is the rider, is thus able to "ride" on the back of the "carriers" back and ideas set in motion for their product.
Answer:
The answer is false. Partnerships can not sell stocks. They even can not issue shares to finance Thier requirements.
Only the public listed corporations can trade stocks and sell them to the open public in a registered stock exchange.
Explanation:
Answer: a par
Explanation:
From the question, we are informed that an investor wishes to buy a new issue of U.S. Government agency bonds and was recommend that the customer purchase Federal Home Loan Bank bonds with a 20 year maturity.
It should be noted that new issues that relate to agency securities are typically sold by a selling group which will be appointed by the agency and such groups are usually made up of broker dealers and large banks.
The group will then sell the issue to the public at par and out of the revenue that is made, a selling concession will be paid by the agency to the selling group.
All of them could work together by saving time helping each other cooking and serving food
