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natulia [17]
3 years ago
11

Some companies use automated payment processing technology in which paper checks that may arrive at a lockbox are converted into

electronic payments then the check itself is destroyed. this process is referred to as
Business
1 answer:
Otrada [13]3 years ago
5 0

<span>The answer in the given statement above is the accounts receivable conversion. This type of process allows an individual to receive the amount that he or she converts from paper check into a real amount when scanned under an electronic machine in which is being described above.</span>

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From each paycheck of your afterschool job, you’re able to save $45 toward the coat. You get paid twice a month. How many months
RoseWind [281]

Answer:4

Explanation:The total in 4 months would equal 360

6 0
3 years ago
In 2019, Pine Corporation had losses of $20,000 from operations. It received $180,000 in dividends from a 25%-owned domestic cor
zubka84 [21]

Answer:

Consider the following calculations

Explanation:

Net income per books   $65,000

Add back:

Federal income taxes     9,700

Excess contributions       3,000

Life insurance premiums 10,000

$87,700

Subtract:

Tax-exempt interest       (1,500)

Excess depreciation       (4,500)

Taxable income                         $81,700

Dividend received deduction = 160000 x 80% = 128000 (full DRD doesn't create loss).

DRD will be 80% of taxable inome because percent partnership is 25% which is between 20 to 80%.

7 0
3 years ago
Frank lives in an area that experiences frequent thunderstorms. What precautionary measures should he adopt?
Alisiya [41]

Answer:

There are different precautionary measures Frank can adopt. They are:

Explanation:

1. Frank should have outdoor furniture made of concrete instead of metal.

A strike of thunder on a metal surface will propel an electric shock.

2. Frank should pay good or regular attention to the weather forecasts.

He should have a handy device such as a small radio, which will keep him abreast of important happenings in the area.

3. Frank should take cover once a stroke of lightning appears in the sky.

The field of Physics lets us to know that light travels faster than sound and that the moment lightning appears in the sky, expect thunder roaring about 8 seconds after.

4. Frank should get used to or always wear covered shoes, to protect him from the electric charge that is created between a thunderstorm and a wet ground. Gloves could also do, for the hands.

5. Frank should structure his movements and road trips such that he accounts for some time that'll be used to wait for thunderstorms to pass; since it's unsafe to drive while the storms are roaring.

This will help him be on time to events and meetings.

6. Frank should avoid leaning on walls which have metal wires or bars across them, especially when lightning appears.

7. Frank should avoid anything wet, during a thunderstorm. This precaution should be taken even while indoors.

8. In the event that frank gets caught outdoors or in the open when a thunderstorm occurs, he should stoop and let only his feet have contact with the ground.

3 0
3 years ago
A list of all account names used to record transactions of a company is referred to as a T-account
11Alexandr11 [23.1K]

Answer:

chart of accounts. a list of all account names used to record transactions of a company.

external transactions. transactions the firm conducts with a separate economic entity.

general ledger. all accounts used to record the company's transactions.

journal

posting

T-account

trial balance

accounts

7 0
2 years ago
Jorge purchased a copyright for use in his business in the current year. The purchase occurred on July 15th and the purchase pri
jolli1 [7]

Answer:

$6,000

Explanation:

Purchase price = $75,000

Remaining life = 75 months

The amortization amount for each month (Am) is given by  the total purchase price divided by the remaining life of the copyright.

A_m=\frac{\$75,000}{75}=\$1,000\ per\ month\\

Since the purchase was made in July, there are 6 months left in the current year. Therefore, Jorge's total amortization amount during the current year is:

A=6*\$1,000 = \$6,000

7 0
3 years ago
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