1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shutvik [7]
3 years ago
9

Which of the following resemble checks, but differ in that they are payable by the firm issuing them rather than payable by a ba

nk? Wire transfers Zero-balance account Concentration banking Drafts
Business
1 answer:
Softa [21]3 years ago
6 0

Concentration banking Drafts resemble checks, but differ in that they are payable by the firm issuing them rather than payable by a bank

Explanation:

Concentration banking drafts resemble checks in that they are drafts payable to a firm guaranteed an amount of money by one firm directly to them but in the case of they are issued directly by the firm and given directly to the firm supposed to take the money.

In the other case it is the bank that processes the amount for the two firm which makes the process little slower than the demand draft wherein the money is transferred to directly.

You might be interested in
Supporting information and materials are important to public speaking because
lorasvet [3.4K]
<span>this will contribute to illustrate and strengthen your argument. Adding this supplementary materials will not only 'spice up' your speach but also demonstrate your proficiency of the issues you are talking about. For these reasons, the audience will regard you as a trustworthy person and more easily believe your statements.</span>
6 0
3 years ago
Sustainability programs often find their success beyond company boundaries, thus ______ systems and _____ metrics cannot capture
AlladinOne [14]

Answer:

internal; process

Explanation:

Sustainability programs are usually used by organization for the growth of the organization, it may be interms of risk management and others however, it has to be a continuous process for it to be achieved.

It should be noted that Sustainability programs often find their success beyond company boundaries, thus internal systems and process metrics cannot capture all of the relevant numbers.

3 0
3 years ago
A family buys a car for $25,000. The family pays $2,500 cash and takes out a loan for the rest at 8% simple interest.
Rom4ik [11]

Answer:

A. $150

Explanation:

Amount of car = $25,000

Initial payment = $2,500

If the family takes out a loan for the rest, the amount taken as loan

= $25,000-$2,500

= $22,500

If interest of 8% is charged on the loan for 5years, the interest charged for the 5years can be gotten using simple interest formula:

Simple interest = principal × rate × time/100

Simple interest = $22,500×8×5/100

Simple interest = $9,000

If total interest paid for 5years = $9,000

The family monthly payment will be:

= $9000/5×12 (since there are 12months in a year)

= $9,000/60

= $150

8 0
3 years ago
Metlock Windows manufactures and sells custom storm windows for three-season porches. Metlock also provides installation service
Xelga [282]

Answer:

June 1 2020

No entry

September 1, 2020

Dr Cash $1,980

Dr Accounts receivable $300

Cr Sales revenue $1,730

Cr Unearned sales revenue $550

September 1, 2020

Dr Cost of goods sold $1,140

Cr Inventory $1,140

October 15 2020

Dr Cash $300

Dr Unearned service revenue $550

Cr Accounts receivable $300

Cr Service Revenue $550

Explanation:

Preparation of the journal entries for Geraths in 2020

June 1 2020

No entry

September 1, 2020

Dr Cash $1,980

Dr Accounts receivable $300

($1,730+$550+$1,980)

Cr Sales revenue $1,730

($1,980/$2,610*$2,280)

($1,980+$630=$2,610)

Cr Unearned sales revenue $550 ($630/$2,610*$2,280)

September 1, 2020

Dr Cost of goods sold $1,140

Cr Inventory $1,140

October 15 2020

Dr Cash $300

Dr Unearned service revenue $550

Cr Accounts receivable $300

Cr Service Revenue $550

6 0
3 years ago
Denise is planning to open a new gym, and she wants to be sure that her employees can move to any open position and do well. Wha
bija089 [108]

the money system is of corse i love the question

3 0
3 years ago
Other questions:
  • ​Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. It has budgeted​ $40,000 for this purcha
    10·1 answer
  • Ian admits to and corrects bookkeeping mistakes right away. Shin Lee reported a conflict-of-interest issue to her supervisor imm
    9·1 answer
  • . Which business practice did Rockefeller repeatedly use that helped him succeed in building his oil monopoly?
    13·2 answers
  • What feedback would you give concerning the sourcing of this information? *
    6·1 answer
  • True or false: Accumulated Depreciation is a contra-account to a long-lived asset account, such as Equipment. This means that it
    15·1 answer
  • 12’) The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $200 million. It has liabilities
    9·1 answer
  • Can you tell when someone you call is friendly before answering the phone?EXPLAIN
    12·1 answer
  • Your firm designs PowerPoint slides for computer training classes, and you have just received a request to bid on a contract to
    13·1 answer
  • "Given the following information from Cullumber Corporation, what price would the CAPM predict that the company’s stock will tra
    7·1 answer
  • The alcoholic beverages in a private club are:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!