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expeople1 [14]
3 years ago
11

Sam has been saving his money to purchase a new computer. He believes he has $781.70 in his checking account, but when he uses h

is debit card to buy the computer, the transaction won’t go through. Which of these could be a reason for this problem?
Business
1 answer:
Lelu [443]3 years ago
8 0
  1. Yeah, Sam hadn't saved enough money  
  2. During his estimates, Sam made some mistakes, but he had less capital on his record than  
  3. Sam made a few mistakes during his reports because he had less money than he expected on his account

<u>Explanation: </u>

A financial transaction is an arrangement or a contract to swap goods for compensation between a purchaser and a seller. There is a transition in the financial situation of two or more companies or persons.

A cashless company describes an economy in which financial transactions consist entirely of electronic data (generally an electronic portrayal of money) among transacting parties rather than money in a form of personal banknotes or gold and silver.

The trade between the Organization and another individual is an official contract. A great example of an extrinsic transaction is the purchase of goods from either a third party seller. An overall journal entry records each cash payment in the billing system.

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Which of the following relationships between book value and cash received at sale results in a loss on the sale of a long-term d
creativ13 [48]

Answer:

a. Book value is greater than cash received.

Explanation:

Book value of an asset is the cost of an asset less accumulated depreciation

Cash received is the price the asset is sold for.

If the asset is sold for less than its book value, it is sold at a loss

If an asset is sold for more than its book value, it is sold at a gain

8 0
3 years ago
For 115 consecutive days, a process engineer has measured the temperature of champagne bottles as they are made ready for servin
vaieri [72.5K]

Answer:

40° Fahrenheit

Explanation:

For an X-bar, the centre line is then average across all components. In this case, the average temperature across all 1150 bottles over 115 days will be 40° Fahrenheit as it is reported.

8 0
3 years ago
On january 14, sheridan company purchased supplies of $420 on account. the entry to record the purchase will include:______.
devlian [24]

Entry to record the purchase will include <u>a debit to supplies and a credit to accounts payable</u>.

Accounts payable (AP) are amounts because of companies or providers for goods or services acquired that have not been paid for. The sum of all tremendous amounts owed to providers is shown as the money owed payable stability at the enterprise's stability sheet.

A debit will increase asset or fee debts and decreases legal responsibility, sales, or fairness debts. A credit is continually located at the proper aspect of access. It increases legal responsibility, revenue, or equity money owed and reduces asset or cost money owed.

Purchasing is the buying of goods or offerings. An item that has been bought is known as a purchase. the opposite of a purchase is a sale. In not unusual usage, the shorter word "purchase" is usually used whilst buying, instead of the phrase "buy".

Learn more about assets here brainly.com/question/25746199

#SPJ4

5 0
2 years ago
Holding other factors constant, if new technology becomes available that allows machines to produce manufactured goods more quic
Ber [7]

Answer: Increase; increase

Explanation:

Efficiency is so vital to business and manufacturing. The ability of a business to produce and curb minimal loss will give a boast on production and encourage manufacturers to do more, especially when they have the ability to produce in large quantity (by batches) and still get a good ratio for the number of goods manufactured. This is where machines has aided productivity, as they were introduced, productivity increased and they were minimal loss and time waste when producing. When technology allows for more of this effective machines, manufacturers will produce more and there would be a boast in investment.

4 0
3 years ago
Direct finance is a transaction between two parties where one party lends directly to the other​ party, whereas indirect finance
mamaluj [8]

Direct financing involves the financial market and indirect financing involves intermediaries. In the financial market, companies put their shares for sale and investors buy them. This is a direct financing mechanism for companies, which raise funds by sharing their own capital in traded shares.

On the contrary, if a company seeks bank financing, there will necessarily be intermediation by third parties, such as banks. In the middle market, economic agents deposit their money with the bank, and the bank uses it to lend to companies. This is intermediating a financing. Both types of financing are widely used, all will depend on the structure and purpose of each company in the search for financing.

8 0
3 years ago
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