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2 years ago

List 5 ways banks safeguard your’e money.

Business

1 answer:

liraira [26]2 years ago

7 0

Answer:

1. Throwing the money into the right place in the safechase

2. Lock the safechase

3. Putting a lot of Closed Circuit Television (CCTV) in several room

4. Putting a lot of anti-theft laser sensor inside the safechase

5. Lock the bank

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GREYUIT [131]

Answer:

Required a

April 5,

Merchandise $38,900 (debit)

Accounts Payable ; Culver Company $38,900 (credit)

April 6

Freight Cost $800 (debit)

Cash $800 (credit)

April 7

Equipment $39,900 (debit)

Accounts Payable $39,900 (credit)

April 8

Accounts Payable ; Culver Company $5,000 (debit)

Merchandise $5,000 (credit)

April 15

Accounts Payable ; Culver Company $33,900 (debit)

Discount Received $678 (credit)

Cash $33,222 (credit)

Required b.

Accounts Payable ; Culver Company $33,900 (debit)

Cash $33,900 (credit)

Explanation:

When Tamarisk, Inc. paid the balance due to Culver Company on April 15, the payment is made within the discount period. Thus Tamarisk, Inc is granted a discount of 2% and pays the Account at $33,222 (net of credit granted on merchandise previously returned) .

However, when Tamarisk, Inc. paid the balance due to Culver Company on May 4 instead, the payment is made outside the discount period. Thus Tamarisk, Inc is not granted a discount pays the Account in full at $33,900 (net of credit granted on merchandise previously returned) .

6 0

3 years ago

Net credit sales $120,000 Average accounts receivable 20,000 Cash collections on credit sales 100,000 What is the receivables tu

Kazeer [188]

Answer:

6:1

Explanation:

Net credit sales is $120,000

Account receivable is $20,000

Cash collection on credit sales is $100,000

Therefore the receivables turnover ratio can be calculated as follows

= 120,000/20,000

= 6:1

Hence receivable turnover ratio is 6:1

4 0

2 years ago

Fiscal policy may end up being destabilizing to an economy because:___________

Drupady [299]

Answer:

D. The economy is almost always at full employmeny.

Explanation:

ʜᴏᴘᴇ ᴛʜɪꜱ ʜᴇʟᴘꜱ! ♡

8 0

2 years ago

Using the allowance method, is bad debt expense recognized in

mezya [45]

Using the allowance method, is bad debt expense recognized in the period in which sales related to the uncollectible account are made.

One of the most typical types of bad debt is credit card debt. Lenders issue credit cards, which let you make purchases on credit. These credit cards frequently have exorbitant interest rates that can soon become out of control.

Bad debt costs are typically listed on the income statement as a sales and general administrative expenditure. Accounts receivable on the balance sheet are reduced when bad debts are recognized, but firms still have the right to collect money if the situation changes.

Learn more about bad debts here

brainly.com/question/24871617

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3 0

1 year ago

Yakov, Ana, and Dina want to bake a cake. They are choosing among chocolate cake (C), vanilla cake (V), and red velvet cake (R).

vovangra [49]

Answer:

The specified preferences of Charles, Diana and Juanita. Charles and Juniata prefer chocolate over red velvet cake. Dina favors red velvet over chocolate.

So, when there is voting among red velvet and chocolate cake, the majority will select the Chocolate cake and among winner and vanilla majority will vote for Vanilla cake.

This is because Dina and Juanita favor vanilla over chocolate.

Among Chocolate and vanilla cake, the majority will elect for vanilla and among this winner and red velvet cake, the majority will choose for Red velvet cake.

This is because Diana and juanita favor vanilla over chocolate. So, vanilla cakes get majority elects. When there is voting among vanilla and red velvet , red vanilla acquire majority votes as charles and dina favor red velvet over vanilla.

The statement is False. The preferences are not transitive.

In the first situation chocolate is chosen to vanilla and red velvet is preferred to vanilla. Although, in the second situation, chocolate is favored to red velvet and vanilla is preferred to chocolate. Thus, the preferences do not exhibit transitivity.

8 0

3 years ago