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oksano4ka [1.4K]
3 years ago
6

Jerry lost his credit card and instead of reporting it right away, he decides to continue looking for it believing he could find

it. Some time passes and after two weeks, he logs into the account activity page of his credit card and sees a recent $500 internet purchase that was made by someone else. At that moment, he calls to report his card stolen. How much of this $500 charge is Jerry at risk for having to pay?
Business
2 answers:
anzhelika [568]3 years ago
7 0
Well, he going to risk paying it all because he did not report it 2 weeks easier is he called the cops before they would block his account so no money will be stolen now he has to pay the whole charge because he didn't report that his card has been stolen.

Hope this helps, It would be Delightful if you could mark me as brainliest!
;)
Likurg_2 [28]3 years ago
3 0
0$ depending on the bank and who backs the bank, legally they wouldnt have to pay anything, but if he/she would have reported this sooner the 500$ would not have been charged to his card, but the bank can also see the transaction as a problem if the user does not usually spend 500$ at once and it red flags the account and they will notify you and contact you that someone might have your card info or your card.
Hope this helped :)

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8 0
1 year ago
Victory Corporation sold 400 shares of treasury stock for $45 per share. The cost for the shares was $35. The entry to record th
Marianna [84]

Answer:The entry to record the sale will include a Credit toPaid in Capital from  treasury stock at $4,000.

Explanation:

Journal entry to record sale of shares

Accounts and explanation          Debit                  Credit

Cash                                        $18,000

Treasury stock                                                      $14,000      

Paid in Capital from Treasury STOCK                  $4,000

Calculation

CASH = Number of  shares x Price per share

= 400 x $45=$18,000

Treasury stock = Number of  shares x Price per share

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Paid In Capital = Cash - Treasury stock= $18,000- $14,000= $4000

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In situation whereby there is completion information, it will be more difficult for an incumbent to successfully engage in limit pricing because knowledge about the incumbent, the market, product, and others is available to others.

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