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stich3 [128]
3 years ago
12

George’s parents are going on a cruise and are concerned about paying their bills while they are gone because they will not have

the usual means of communication. What is the best payment method for them to use while they are gone?
Business
2 answers:
marishachu [46]3 years ago
7 0

Answer:

D.Automatic Withdrawal

Explanation:

bogdanovich [222]3 years ago
4 0

Answer: Automatic withdrawal

Explanation: In an automatic withdrawal payment system the payee schedule the recurring payments on predetermined date, these are generally done electronically. These kinds of payments are generally done from banks or mutual funds accounts.

In the given case George’s parents are going to cruise thus they will not be able to pay for their bills hence they can use the automatic withdrawal system for the general bills they have to pay.

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4 0
3 years ago
Mike started a calendar year business on September 1st of this year by paying 12 months rent on his shop at $1,000 per month. Wh
solong [7]

Answer:

C. $12,000 under the cash method and $4,000 under the accrual method

Explanation:

Under the cash basis of accounting, whenever an amount is received or paid, it is recognized in the books of accounts

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So, by this above information

The cash method would recognize $12,000 ($1,000 × 12 months)

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8 0
3 years ago
Walnut has forecast sales for the next three months as follows: July 4,900 units, August 6,900 units, September 8,000 units. Wal
Andreas93 [3]

Answer:

the budgeted selling and administrative expenses for July is $64,100

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The computation of the budgeted selling and administrative expenses for July is shown below:

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= $20,000 + $44,100

= $64,100

hence, the budgeted selling and administrative expenses for July is $64,100

We simply applied the above formula

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2 years ago
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3 years ago
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