1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Katarina [22]
3 years ago
10

A nonsufficient-funds check was returned to your company. How does the bank treat this on your bank statement?

Business
1 answer:
Anit [1.1K]3 years ago
8 0

Answer:

B. IT'S SHOWN AS A DEBIT MEMO

Explanation:

A bank creates a debit memo when it charges a company a fee on its bank statement, thereby reducing the balance in the company's checking account. Thus, if a bank account has a balance of $1,000 and the bank charges a service fee of $50 with a debit memo, the account then has a remaining balance of $950. Examples of charges that can cause debit memorandums are bank service charges, bounced (not sufficient funds) check fees, charges for the printing of check stock, and rental fees for the use of remote deposit capture scanners and software

You might be interested in
What information does a supply schedule provide?
lesya [120]

Answer:

See below

Explanation:

A supply schedule shows the quantities that suppliers are willing to sell in the market at different prices. It is a table format with quantity on one column and prices on another. As per the law of supply, high prices lead suppliers to supply more at the market.

The supply schedule illustrates in a table format the relations between the price and the quantity supplied. It will show how the quantity increase as prices increases. The supply schedule is a tabular representation of the supply curve.

7 0
3 years ago
After Xavier and Alyssa deposited nearly $55,000 in a savings account at Bigbux Bank, the bank failed and filed for bankruptcy.
aleksandr82 [10.1K]

Answer: should be protected due to the fact that their account is insured by FDIC.

Explanation:

From the question, we are informed that after Xavier and Alyssa deposited nearly $55,000 in a savings account at Bigbux Bank, the bank failed and filed for bankruptcy but that the Bigbux was an FDIC member bank.

Based on the above scenario, Xavier and Alyssa should be protected due to the fact that their account is insured by FDIC. Since the bank is insured, their money is safe.

4 0
3 years ago
Read 2 more answers
Money Market Mutual Find Balances held by Businesses $100 Money Market Mutual Fund Balances held by Individuals 220 Currency in
oksian1 [2.3K]

Answer:

A

Explanation:

M2= 60+70+50+220+80= $480

hence option A is correct

MZM = $480-80+100= $500

4 0
3 years ago
Read 2 more answers
Fifteen married couples are at a dance lesson, but now only five men and five women are selected at random, then randomly paired
Tresset [83]

Answer:

( ¹⁵C₂ )² × 5! = 1082161080

Explanation:

Data provided in the question:

Number of married couples = 15

Therefore,

Number of males = 15

Number of females = 15

Now,

The number of possible dancing arrangements

= Probability of selecting males × Probability of selecting males × ways of arranging 5 pairs

= ¹⁵C₂ × ¹⁵C₂ × 5!

= ( ¹⁵C₂ )² × 5!

= [\frac{15!}{5!\times(15-5)!}]^2 × ( 5 × 4 × 3 × 2 × 1 )

= [\frac{15\times14\times13\times12\times11\times10!}{5\times4\times3\times2\times1\times10!}]^2 × ( 5 × 4 × 3 × 2 × 1 )

= [\frac{360360}{120}]^2 × 120

= 1082161080

6 0
3 years ago
ABC, Incorporated desires to have the most qualified people in every position throughout its organization. This is an example of
Mashutka [201]

Answer:

The correct answer is letter "A": Developing human capital.

Explanation:

Developing human capital implies training existing employees of the company so they can specialize in their every-day duties which is likely to be positively reflected in their efficiency at work, increasing at the same time the productivity of the organization.

4 0
3 years ago
Other questions:
  • The private internet system that links government supercomputer centers and a select group of universities is called __________.
    11·1 answer
  • Select the correct answer. If a company produces, promotes, and sells bags made of recycled paper, which concept is it using? A.
    7·1 answer
  • Applying the time-period concept
    11·1 answer
  • Latoya as 50 shares of stock in ABC company worth $35.75 a share, a car worth about $5,600, and a collection of figurines worth
    12·1 answer
  • Several artists in Charleston, South Carolina, show and sell their work in an art gallery downtown. The gallery is owned by an a
    5·1 answer
  • On October 1, Vaughn's Carpet Service borrows $349000 from First National Bank on a 4-month, $349000, 9% note. What entry must V
    7·1 answer
  • Suppose the demand curve for a product is given by Q = 11 - 2P + 3Ps Where P is the price of the product and Ps is the price of
    13·1 answer
  • Easy money policy is _____.
    6·1 answer
  • The shape of the perceived demand curve for a perfectly competitive firm reflects that firm's ability to: Group of answer choice
    13·1 answer
  • If the fed buys more bonds from the public, and increases the price it is willing to pay for the bonds, what will happen to inte
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!