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Delicious77 [7]
3 years ago
11

When opening a check account, the bank does not run an account verification if you provide a state-issued ID.

Business
1 answer:
Morgarella [4.7K]3 years ago
5 0

false false false false false

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Blossom Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During
shutvik [7]

Answer:

Prepare journal entries for the transactions noted above.

4 0
3 years ago
Adrian Corp. sells goods on account for $100,000 on May 1. On May 15, the customer returns $40,000 of the merchandise. The custo
ololo11 [35]

Answer:

C. DEBIT TO SALES RETURNS

D. CREDIT TO ACCOUNTS RECEIVABLE

Explanation:

The journal entry to record the May 15 transaction is shown below:

Sales return and allowance A/c Dr $40,000

                     To Accounts receivable $40,000

(Being sales return is recorded)

For recording the given transaction we debited the sales return and credited the account receivable. Both are recorded for $40,000

5 0
3 years ago
The strategy of setting a single price for two or more units is known as
jekas [21]
Is known as multiple- unit pricing.
8 0
3 years ago
Read 2 more answers
If the inflation rate decreased from 3.33% to 2.90% between October and November, while the nominal interest rate increased from
Rudiy27

Answer:

1.90%

Explanation:

There is the accordance or connection between nominal and real interest rates. It is basically possible to convert from nominal interest rates to real interest rates. According to the Fisher, there is a equation that's called the Fisher Equation:

Real interest rate ≈ nominal interest rate − inflation rate.

On our example,

Inflation rate in October- 3.33%

Inflation rate in November- 2.90%

Nominal interest rate in October- 4.75%

Nominal interest rate in November- 4.80%

In October,

Real interest rate=4.75%-3.33%=1.42%

In November,

Real interest rate=4.80%-2.90%=1.90%

As a result, we see that there is 1.90% real interest rate in November and the real interest rate has increased 0.48% in November compared to October.

7 0
3 years ago
Read 2 more answers
The weighted moving average forecast for the fifth period, with weights of 0.15 for period 1, 0.20 for period 2, 0.25 for period
bulgar [2K]

Answer:

a. 3,760

Explanation:

The computation is shown below:

Period     Demand    Weight    Demand × weight

1               3,500         0.15        525

2              3,800         0.20        760

3              3,500         0.25        875

4              4,000         0.40        1,600

Total                                          3,760                      

We simply multiplied the demand with the weight to get the total.        

4 0
3 years ago
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