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3 years ago

What is a mortgage?

2 answers:

6 0

A legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Alja [10]3 years ago

4 0

A loan that a bank or mortgage lender gives you to help finance the purchase of a house .

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What are three causes and effects of the haymarket square riot

Ulleksa [173]

Effects:

increased anti-labour and anti-immigrant sentiment and suspicion of the international anarchist movement

Causes:

Haymarket Square turned into a riot after someone threw a bomb at police.

3 0

2 years ago

Social security and medicare are examples of:____.

artcher [175]

Answer:

c. governmental interventions

4 0

1 year ago

Accounts Receivable has a balance of $5,000, and the Allowance for Bad Debts has a credit balance of $420. The allowance method

ElenaW [278]

Answer:

Net realizable value of Accounts Receivable is $4,580

Explanation:

Balance in allowance for uncollectible account= Balance before write off - Account written off

=$420 - $140

=$280

Net realizable value of accounts receivable is:

Particular Amount

Accounts Receivable balance $5000

Less: Account written off $140

Balance after write off $4860

Less: Allowance for uncollectible

account from step 1 $280

Net realizable value $4,580

4 0

3 years ago

On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $57,000. Alan made the appropriate year-end

just olya [345]

Answer:

Amount paid to record is $58,900

Explanation:

In this question, we are asked to state the Journal entry as of March 1.

Please check attachment for tabular explanation

Kindly note that 360 is used as the number of days in a year

4 0

3 years ago

Mize Company provided $45,500 of services on account, and collected $38,000 from customers during the year. The company also inc

damaskus [11]

Answer:

D. All of these answer choices are correct

Explanation:

Use Accounting Equation

Events: Assets = Equity + Liabilities

Provided Services +45,500 +45,500

Collection from customers -38,000

+38,000

Expenses on Account -37,000 +37,000

Payment against payable -32,400 -32,400

Net Impact 13,100 8500 4600

Hence, It is proved that Assets, equity and liabilities are increased.

7 0

3 years ago