Current date in the top right-hand corner in most cases, you’ll use today’s date.On the line that says pay to the order of write the name of the person or organization you’re paying. Write the amount of your payment in the small box on the right hand side. Write out the amount using words to avoid fraud and confusion. Sign the check legibly on the line in the bottom-right corner. If you like include a note
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the answers is
Answer:
Certificates of deposits =$.13000
Bonds =$.6000
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Based on the information given the maturity value of the note is: $82,500.
Using this formula
Maturity value of note=Principal amount+(Principal amount× Number of year× Interest rate)
Where:
Principal amount=$75,000
Number of year=2 year
Interest rate=5% or 0.05
Let plug in the formula
Maturity value of note=$75,000+($75,000×2 year×0.05)
Maturity value of note=$75,000+$7,500
Maturity value of note=$82,500
Inconclusion the maturity value of the note is: $82,500.
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Answer:
Dollar value LIFO retail method
Explanation:
Dollar-Value LIFO aim to reduces the effect of the liquidation, allows companies to use FIFO internally and also reduces clerical costs.
Dollar value LIFO retail method are retailers way of getting or achieving the LIFO cost flow without monitoring individual units and this may lead to low liquidation of LIFO cost layers that could occur during tracking.
Answer: The Change of $11500 would be reported as unrealized Losses in the statement of comprehensive income
Explanation:
Debt security are recognised at their Fair Value in the Financial statements. Changes in the Fair Value are recognized in the Statement of comprehensive income as Unrealized Gains or Unrealized Losses.
The Fair Value declined from $40 000 to $28500, The loss of $11500 ($40 000 - $28500) will be reported as Unrealized Losses under OTHER INCOME in the statement of comprehensive income