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denis23 [38]
2 years ago
14

Jill Scott is an accountant with Cameron and Associates, a law firm in downtown Seattle. The firm maintains a checking account w

ith Southern Rock Bank for its operating expenses. On the 10th of every month, Jill gets an inventory report from the office manager listing the office supplies that are needed. Jill places the appropriate orders with Office Depot and writes them a check against the office's checking account. Who is the drawee in this banking transaction?A) Jill Scott.B) Office Depot.C) Cameron and Associates.D) Southern Rock Bank.
Business
1 answer:
Dima020 [189]2 years ago
6 0

Answer:

The correct option is D,Southern Rock Bank

Explanation:

A drawer is the person who has issued a check and from whose account funds are to be withdrawn.The drawer in this scenario is Cameron and Associates

A drawee is the bank that manages the account from which funds are to be withdrawn.The Southern Rock Bank  is the drawee here.

The payee is the beneficiary of the issued check that has the right to present for cash or pays it into its checking account.The payee in the scenario is Office depot

Hence,this relationship can be said to be a tripartite one involving the drawer,the drawee and the payee

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When the manager wants to add more client pcs to an office, but there are not enough ports available, a powerline adapter should be added to resolve the issue.

Using the electrical cabling, a powerline adaptor connects your computer to the internet. A powerline adaptor allows you to genuinely benefit from both worlds. Because a powerline adaptor still uses an Ethernet cable, albeit to a lesser extent, it is sometimes referred to as a powerline-Ethernet adaptor. Powerline adapters will function to connect your gaming computer or console to high-speed Internet, but they are not the greatest choice. It is advantageous that powerline adapters have lower latency than Wi-Fi. In contrast to their alternatives, they don't have the same level of dependability or quickness.

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3 0
1 year ago
Classify​ Lawlor's costs as period costs or product costs. If the costs are product​ costs, further classify as direct​ material
svet-max [94.6K]

product cost ( direct materials,direct labour and manufacturing overheads).

It is a combination of products cost materialize cost on assets and period cost materialist on difference income and expenses in time.please find the attachment on the differences.

Explanation:

  • Product cost idealizes on inventory, assets to the companies.
  • It has segregation direct materials product sales.
  • It has segregation direct labour cost maintaing products.
  • It has segregation of manufacturing issues with machine for products.
  • Period cost is an event which happens at certain point of time.
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  • Delivers different set of cost accounting.
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6 0
2 years ago
Suppose the exchange rate is 10 pesos per dollar and you use $1000 to purchase a one-year mexican bond that pays 10% interest. N
Iteru [2.4K]

The amount of money I would have in US dollars would be $1,000

<h3>How much would I have in US dollars?</h3>

The first step is to convert dollars to pesos:

$1000 x 10 = 10,000 pesos

The second step is to determine the value of the investment in a year's time: (1.10) x 10,000 = 11,000 pesos

Now, convert pesos to dollars : 11,000 / 11 = $1,000

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6 0
2 years ago
Al Darby wants to withdraw $20900 (including principal) from an investment fund at the end of each year for five years. How shou
labwork [276]

Answer:

$20,900 times the present value of a 5-year, 11% ordinary annuity of 1’

Explanation:

For computing the required initial investment we considered the following information

Withdrawn amount = $20,900

Time period = 5 years

Rate of interest = 11%

in mathematically,

= Withdrawn amount  × Present  value of a 5-year, 11% ordinary annuity of 1’

By this formula we can get the required initial investment

4 0
3 years ago
What are the paper bills and coins that a country actually circulates called?
fiasKO [112]


currency? or money. It seems quite vague. Each country calls its currency in various ways.

3 0
3 years ago
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