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Oliga [24]
2 years ago
12

Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1st. Givens Brick Company signs a $600,000, 8%, 9-mon

th note. What entry should be made by Givens Brick Company on January 1st to record the proceeds and issuance of the note?
Business
1 answer:
NeTakaya2 years ago
7 0

Answer:

The journal entry for the issuance and the proceeds of the note is shown below:

Explanation:

Cash A/c.........................Dr   $600,000

    Notes Payable A/c......Cr  $600,000

The givens company received a amount of $600,000 from the bank, so cash is increasing and increase in cash is debited. Therefore, the cash account is debited. Whereas, the cash against a note payable, which increases the liability and any increase in liability is credited. Therefore, notes payable is credited.

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Leon Jones worked in the warehouse of a large building supply company. One day he unexpected left for Fiji, never to return. His
In-s [12.5K]

Answer:

=> Automated Signature Verification System.

=> Tracking of workers' appointment by the personnel department.

Explanation:

Forgery is a kind of fraud in which one changes name, signature or anything pertaining to another person in order to deceive other people. Forgery is a fraud and it is a criminal offence that should be stop in the society. Just as it is in the question above the supervisor is forging Leon’s name in order to be able to collect the money of someone that is no more working.

The two control techniques to prevent or detect this fraud scheme are given below:

=> Automated Signature Verification System : the company should have Automated Signature Verification System for their employees and customers so that with it they can easily detect forgery fraud and the person affected can be able to recover his or her losses.

=> Tracking of workers' appointment by the personnel department: the personnel department should track the appointment of each of their employees in any organization.

Other ways are to Install biometric time cards and make sure payroll record are verified and updated before payment.

4 0
3 years ago
If the windshield division is operating at full capacity, what transfer price should be used on transfers between the windshield
Nikolay [14]

The possible transfer prices that could be used on transfers between the Windshield and Assembly divisions is $200 to $450.

The first piece of glass you see on most cars is the windshield. Also known as European car windshield. Windshields play an important role in supporting the vehicle structure and protecting the driver and passengers. The windshield protects occupants from wind, dust, insects, rocks and other flying objects and provides an aerodynamically shaped front panel. By applying UV coating, you can block harmful ultraviolet rays.

However, most car windows are made of laminated safety glass, so this is usually unnecessary. Most of the UV-B is absorbed by the glass itself and the remaining UV-B is absorbed by the PVB tie layer along with most of the UV-A.

Learn more about windshields brainly.com/question/15532277

#SPJ4

7 0
1 year ago
What kind of policy can a company implement that can help diminish the activity of sending unsolicited email?
klemol [59]

Answer:

anti-spam policy

Explanation:

Spam emails are unsolicited emails that are usually sent to a large number of people. Therefore, if the company is trying to reduce unsolicited emails (spam) it should carry out an anti-spam policy.

The problem with spam is that it creates a negative image of the company, since current or potential clients can get annoyed by receiving so many unsolicited emails with advertisements or promotions. Instead of helping the company, spam email damages its.

8 0
2 years ago
What are 3 advantages of going to trade/vocational schools after high school?
svetlana [45]

Answer:

1 It is a form of entertainment

2 you can dedicate time to your passions

3 they're helpful for your mental health

6 0
3 years ago
uppose that Jack and Sophia and Hal enter into an agreement for the sale of the business without the non-competition agreement.
VladimirAG [237]
Jack up truck bought it to the safe do what you want
3 0
3 years ago
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