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-Dominant- [34]
3 years ago
10

Channeling funds from individuals with surplus funds to those desiring funds when the saver does not purchase the borrower's sec

urity is known as
A. barter.
B. redistribution.
C. financial intermediation.
D. taxation
Business
1 answer:
Solnce55 [7]3 years ago
6 0

Answer: Financial Intermediation.

Explanation:

Financial Intermediation is a method of wealth distribution common to Banks, where money deposited by it's customers is given out as loan to investors/individuals. The Banks are known as Financial Intermediaries as they are actively involved in wealth distribution.

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During May, Carolan Corporation transferred $59,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of
dem82 [27]

Answer:

credit to Work in Process of $59,000.

Explanation:

Based on the information given the appropriate l journal entries to record these transactions would include a: CREDIT TO WORK IN PROCESS OF $59,000

Dr Finished goods $59,000

Cr Work in process $59,000

Dr Cost of goods sold $65,000

Cr Finished goods $65,000

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2 years ago
Brief Exercise 8-06 The cash register tape for Bluestem Industries reported sales of $6,871.50. Record the journal entry that wo
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Journal entries

A.

Dr Cash $6,871.50

DrCash Exceed and Short $50.75

Cr Sales Revenue ($6,871.50+ 50.85) $6,922.25

B.

Dr Cash ($6,922.25 +28.32) $6,950.57

Cr Sales Revenue $6,922.25

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3 years ago
As a manager, two of Sylvia's strengths are her ability to communicate goals clearly, and her ability to guide, coach, and motiv
tatuchka [14]

Answer:

The correct answer is letter "D": Leading.

Explanation:

Managers have different functions within their organizations. The leading role implies setting an example of how work should be done in the entity. Managers should be the firsts applying what they request. By leading groups, managers guide employees to the organization's success without forgetting to attempt to fulfill workers' personal objectives.

6 0
3 years ago
HELPP on question 10
Lynna [10]

Answer:

land?

Explanation:

4 0
3 years ago
Read 2 more answers
Journalize transactions and follow through accounting cycle to preparation of financial statements.
MrRa [10]

Answer:

Salaries expense DR. $1220

Cash Cr. $1220

Cash Dr. $1860

Account receivable Cr. $1860

Cash Dr. $3810

Account receivable Cr. $3810

Purchases Dr. $3900

Cash Cr. $3900

Explanation:

Accounts payable Dr. 2600

Cash Cr. $2600

Rent expense Dr. $450

Cash Cr. $450

Account receivable Dr. $980

Services Cr. 980

8 0
2 years ago
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