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BlackZzzverrR [31]
3 years ago
12

"generally, assuming no negligence on the part of the victim, when an endorsement on a check has been forged and properly report

ed to the bank, which party is the party ultimately liable for the loss?"
Business
1 answer:
katen-ka-za [31]3 years ago
8 0
The party that is liable for the loss is the BANK. This is because, the bank is liable for forged checks, if it fails to verify the signature on the check very well. It is written in the law that a payor bank that pays a check with a forged payee signature has paid a check that is not properly payable and is liable to its customer. 
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Nelson Industries makes widgets using a two-step process that involves machining first and assembly second. In the Machining Dep
alexira [117]

Answer:

12,600

Explanation:

Concept of Equivalent units of production measures the number of units in terms of percentage completion in input elements of the process.

<u>The equivalent units of production for materials</u>

Note : all materials are issued at the beginning of the process, therefore materials are 100% complete in both Widgets transferred out and Ending widgets.

Calculation :

transferred out (8,600 × 100%)     = 8,600

ending inventory  (4,000 × 100%) = 4,000

total                                                 = 12,600

Therefore,  the equivalent units of production for materials in the Machining Department is 12,600.

4 0
3 years ago
July 31: during july, ps music provided guest disc jockeys for kxmd for a total of 115 hours. the contract requires ps music to
Cloud [144]

Answer:

The journal entries to record service revenue during July should be:

Dr Cash 3,600

    Cr Service revenue (80 hours per month) 3,600

Dr Accounts receivable [(115 - 80 hours) x $40] 1,400

    Cr Service revenue 1,400

Since the company has collected only the regular hours provided according to the contract, the remaining hours should be recorded as accounts receivable.

5 0
3 years ago
Which of the following ratios use de-levered net income?
ivann1987 [24]

Answer:

c. Return on Assets

Explanation:

The net income usually has an impact of interest expense since interest expense is deducted from  earnings before interest and tax in arriving at net income.

Hence, in order to take out the impact interest expense when computing return on assets, an adjusted net income known as de-levered net income is computed using the below formula:

Net Income + (1-t)xInterestExpense

3 0
4 years ago
What is the core of marketing<br>​
kkurt [141]

Answer:

l

Explanation:

the core concept of marketing is a social and managerial process by which individuals and groups obtained what they need and want through creating,offering and exchangeing products of value with others

7 0
3 years ago
Read 2 more answers
Listening skills are important for career success and organizational effectiveness. Considered one of the soft skills, listening
crimeas [40]

Answer:

Identify the key facts in the message.

Explanation:

Listening skills are important for career success and organizational effectiveness. Considered one of the soft skills, listening skills allow you to improve the effectiveness of your communication with supervisors, colleagues, and customers. To become a more powerful listener, you can employ a variety of techniques.

For example, if you're having trouble focusing on a message, you could identify the key facts contained in that message.

Identifying the key facts implies, you will objectively pick the truths contained therein, as well as high and salient points of the message.

3 0
3 years ago
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