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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.

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Tripod Inc. began the month with accounts receivable of $25,000. During the month, it collected $12,000 from customers and sold
Yakvenalex [24]

Answer:

Accounts receivable balance at the end of the month is $18,000

Explanation:

Accounts receivable balance at the end of the month = Accounts receivable balance at the beginning of the month + Accounts receivable increased during the month - Accounts receivable decreased during the month.

During the month, Tripod Inc. collected $12,000 from customers. Accounts receivable decreased during the month of $12,000

It sold $5,000 of merchandise on credit. Accounts receivable increased during the month of $5,000

Accounts receivable balance at the end of the month = $25,000 + $5,000 - $12,000 = $18,000

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prohojiy [21]

Answer:

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Explanation:

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3 years ago
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4 years ago
A(n) ____________ records the boundaries of a three-dimensional shape.
Alex_Xolod [135]
A CONTOUR LINE record the boundaries of a three dimensional shape.
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