Answer:
The "compose" or "draft" option allows you to type a new message.
Answer:
c) A government insurance program that will pay back account holders if the bank or lending institution fails
Explanation:
The FDIC is an acronym for Federal Deposit Insurance Corporation. It was founded by Franklin Roosevelt on the 16th of June, 1933.
FDIC is a government insurance program that will pay back account holders if the bank or lending institution fails.
The income generated from the premium payments of insured banks is used to fund or finance the FDIC.
Owners of the company.
<h3>
What is a stock of a company?</h3>
- A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.
- Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
<h3>What is an owner of a company?</h3>
- A company's "owner" is a person who owns all of the shares.
- In contrast, a "co-owner" shares ownership of a business with one or more partners.
- The owner, who is frequently the company's founder, is free to run their business however they like.
Therefore, Lorenzo and Lila are owners of the Double L Corporation.
Know more about stocks here:
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Answer:
$756,000
Explanation:
Allowance for Bad Debts opening ($24,000)
Allowance for Bad Debts Closing $780,000
(13,000,000)*6%
Allowance Bad Debt Expense for the year $756,000
