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2 years ago

Gina writes and signs a check payable to "Happy Market." Irma, Happy’s manager, indorses the check "For deposit only." This is

Business

1 answer:

Pachacha [2.7K]2 years ago

4 0

Answer:

c.a restrictive indorsement.

Explanation:

-Blank endorsement refers to an instrument that allows any holder to request the payment.

-Qualified endorsement refers to a signature in an instrument that transfers the amount to other person.

-Restrictive endorsement puts a limit on an instrument like the sentence "For deposit only."

-Special endorsement enables to make a check payable to someone else.

According to this, the answer is that this is a restrictive endorsement.

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mihalych1998 [28]

Answer:

$144,200

Explanation:

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2 years ago

A bulk mail insurance advertising brochure sent by the insurer to every home in one zip code is an example of:_________.

pickupchik [31]

Answer:

direct response marketing

Explanation:

Direct response marketing -

It is the method of sales , which require immediate response and encourages customer to take any action regarding the goods and services , is referred to as direct response marketing.

This method gives instant and quick result and not waiting is required.

Hence, from the given statement of the question, the correct term is direct response marketing.

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2 years ago

This problem has been solved! See the answer On January 1, Helmut pays $2,000 for a 10% capital, profits, and loss interest in a

Alinara [238K]

Answer:

Helmut's basis at year-end is $3,900.

Explanation:

Beginning Basis = $2,000

Add: January 1 Liabilities at the rate of 10% = $20,000 × 10% = $2,000

Add: Increase in liabilities by the rate of 10% = $5,000 × 10% = $500

Less: Loss incurred at the rate of 10% = ($6,000 × 10%) = $600

Basis at the end of the year = $2,000 + $2,000 + $500 - $600

Basis at the end of the year = $3,900.

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3 years ago

Identify the recommended actions for success in informational interviews. Smile and stay positive. Sit still and be aware of you

Helen [10]

Answer:

Please correct me if wrong

<h2><u>Take notes that you can refer to later</u></h2><h2><u>Smile and stay positive</u></h2>

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2 years ago

May 11 sydney accepts delivery of $40,000 of merchandise it purchases for resale from troy: invoice dated may 11; terms 3/10, n/

k0ka [10]

Answer:

Journal entries for Sydney (buyer)

May 11. Merchandise is accepted.

Dr Merchandise inventory 40,000

Cr Accounts payable 40,000

May 11. Shipping costs.

Dr Merchandise inventory 345

Cr Cash 345

May 12. Returned merchandise.

Dr Accounts payable 1,400

Cr Merchandise inventory 1,400

May 20. invoice paid within discount period.

Dr Accounts payable 38,600

Cr Cash 37,442

Cr Purchase discounts 1,158

Journal entries for Troy (seller)

May 11. Sold merchandise.

Dr Accounts Receivables 40,000

Dr Cost of Goods Sold 30,000

Cr Sales revenue 40,000

Cr Merchandise inventory 30,000

May 12. Returned merchandise.

Dr Sales returns and allowances 1,400

Dr Merchandise inventory 1,050

Cr Accounts receivables 1,400

Cr Cost of goods sold 1,050

May 20. Invoice paid.

Dr Cash 37,442

Dr Sales discounts 1,158

Cr Accounts receivables 38,600

7 0

2 years ago