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3 years ago

Which type of forms and others documents would you need in order to open a checking or banking account ?describe two examples

Business

2 answers:

coldgirl [10]3 years ago

5 0

answer:

The documents needed to open a bank account are:

1. identity document

2. document proving the address

Nana76 [90]3 years ago

3 0

Answer:

The last time I opened a bank account (checking account) they asked me to present my ID card plus a utilities bill since I had just moved to a new house and my address wasn't updated in my ID card. Then I signed some bank forms, I guess some type of contract, and then I registered my signature (for the checks) in a small pad.

I still have CD (certificate of deposit) and that time I had to show my social security card besides my ID card, probably due to some IRS requirement. I also signed several forms (more paperwork than the checking account) and they asked me about where I worked and approximately how much money I earned.

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Suppose that over the past year, the nominal interest rate was 5 percent, the CPI was 150.3 at the end of the year, and the CPI

makvit [3.9K]

Answer:

The correct answer is option c.

Explanation:

The nominal interest rate was 5 percent.

The CPI was 150.3 at the end of the year, and the CPI was 144.2 at the beginning of the year.

The 5% nominal interest rate means that the dollar value of savings increased at 5%.

Inflation rate

= $\frac{(150.3 - 144.2)}{144.2}$

= 0.0423 or 4.2%

The real interest rate

= Nominal interest rate - rate of inflation

= 5 - 4.2

= 0.8%

The real interest rate of 0.8% indicates that the purchasing power of savings increased at 0.8%.

3 0

3 years ago

Round 784.967 to the nearest whole number

ella [17]

784.967 rounded to the nearest whole number is 785

5 0

3 years ago

Read 2 more answers

The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2021, the end of its fiscal y

ruslelena [56]

Answer:

$13,000 is the year-end balance in retained earnings for K and J Nursery, Inc.

Explanation:

Total Assets = Cash + Account Receivable + Inventory + Equipment

Total Assets = 35,000 + 30,000 + 44,000 + 99,000

Total Assets = 208,000

Total Liabilities = Account Payable + Salaries Payable + Interest Payable + Note Payable

Total Liabilities = 33,000 + 14,500 + 10,500 + 49,000

Total Liabilities = 107,000

Total Assets = Total Equity + Total Liabilities

Total Equity = Total Assets - Total Liabilities

Total Equity = 208,000 - 107,000

Total Equity = 101,000

Retained Earning = Total Equity - Common Stock

Retained Earning = 101,000 - 88,000

Retained Earning = 13,000

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3 years ago

Suppose that the government decides to charge cola consumers an excise tax. Before the tax, the market is in equilibrium, where

Hitman42 [59]

Answer:

The answer is: The excise tax on cola beverages is $2 per case.

Explanation:

Excise taxes are taxes levied on certain goods or services.

In this case the price of cola beverages is $4 per case, since excise taxes are included in the price of the product, then the excise tax on cola beverages = price paid by consumers - price received by producers = $4 - $2 = $2

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3 years ago

Why are business office established

madam [21]

Answer:

Mark me Brainliest

Explanation:

A business office is one which is established by the individuals or governments for the production and distribution of goods and services with a view of earning money by satisfying the consumers.

4 0

3 years ago