Answer:
Entries during the first month would include the following:
Account Title Debit Credit
Interest Expenses $40,260
(1342000*3%)
Kwik $40,260
Cash $459,000
Discount $1,550
Account Receivable $460,550
Sales Return $5,300
Account Receivable $5,300
Allowances for Doubtful Debt $$11,880
Account Receivable $$11,880
Answer:
Herstatt.
Explanation:
The risk that a central bank will not make the necessary transfer of foreign currency to complete a currency settlement is known as herstatt risk.
Herstatt risk is also known as cross-settlement risk or settlement risk. It was named after Bankaus Herstatt (a German bank) that failed in June 1974 when it was supposed to settle a contract for a payment received from the other party and consequently, amounting to a loss of about $602,000,000.
Hence, is mainly a loss in foreign exchange transactions where a party defaults after receiving money from another.
Answer:
d. willingness to pay of all buyers in the market.
Explanation:
The demand curve shows the relationship between the price of a good or service and the quantity demanded at a particular time.
Therefore, a demand curve reflects:
a. highest price buyers are willing to pay for each quantity.
b.quantity that each buyer will ultimately purchase.
c. value each buyer in the market places on the good.
With this in mind, what the demand curve does not reflect, with these in mind is a willingness to pay of all buyers in the market.
Plants employ photosynthesis to convert water, sunshine, and CO2 into oxygen and simple sugars that the plant may use as fuel. It is it important to add fertilizer to some soils because fundamental producers serve as the foundation of an ecosystem, fueling the subsequent trophic levels.
<h3>What is the photosynthesis process?</h3>
In the photosynthesis process, plants absorb carbon dioxide (CO2) and water (H2O) from the air and soil during photosynthesis. Water is oxidative within the plant cell, which means it loses electrons, but carbon dioxide is reductive, which means it receives electrons.
This converts water to oxygen and nitrogen to glucose. Photosynthesis is often used by plants to transform water, sunlight, and CO2 into oxygen and simple carbohydrates that the plant may utilize as fuel.
Therefore, Some soils require nutrients because basic producers contribute as the base of an ecosystem, feeding succeeding trophic levels.
Learn more about the photosynthesis, refer to:
brainly.com/question/1757345
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Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
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