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andre [41]
3 years ago
9

A section at the top of the page that makes it easy for the recipient to respond to a letter is called a(n)

Business
1 answer:
RoseWind [281]3 years ago
4 0

Answer:

address block.

Explanation:

A recipient of a letter can respond to it if they have sufficient information about the sender. This is found in the address block section of the letter. It includes the individual's or organization's name, the individual's title, the city, state, zip code and the country of residence. The receiver is therefore able to respond by writing back to the same address contained in the aforementioned section of the letter hence leading to effective communication.

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Gains from remeasuring a foreign subsidiary’s financial statements from the local currency, which is not the functional currency
Archy [21]

Answer:

Gains from remeasuring a foreign subsidiary’s financial statements from the local currency, which is not the functional currency, into the parent company’s currency should be reported as a(n):_______

d. Part of continuing operations.

Explanation:

Gains from the remeasurement of a subsidiary's financial statements from the local currency to the parent company's currency should be reported as part of the continuing operations.  It forms part of the current income.  They are not deferred.  It is translation adjustments that are reported as other comprehensive income, not gains from remeasurement. Remeasurement gains from a subsidiary's local currency to the parent's are also not extraordinary items.

4 0
3 years ago
Ahngram Corp. has 1,000 defective units of a product that cost $3.30 per unit in direct costs and $6.80 per unit in indirect cos
OLga [1]

Answer:

If the units are reworked, income will increase by $5,800.

Explanation:

Giving the following information:

Number of units= 1,000

Sell as-is= $4.3

Rework cost= $2.8

Selling price= $12.9

<u>Because the original cost will remain constant in both options, we will not take them into account.</u>

Sell as-is:

Effect on income= 1,000*4.3= $4,300

Rework:

Effect on income= 1,000*(12.9 - 2.8)

Effect on income= $10,100

If the units are reworked, income will increase by $5,800.

4 0
3 years ago
A company receives payment from one of his customers on August 5 for service performed on July 21. Which of the following entrie
Anettt [7]

Answer:

b) cash 1000

account receivable 1000

Explanation:

Since in the question it is given that the company received payment from one of his customers on August 5 for the service performed on July 21

So under the accrual basis accounting, the journal entry is as follows

Cash Dr $1,000

     To Account receivable $1,000

(Being the payment received is recorded)

While debiting the cash and credited the account receivable

4 0
3 years ago
The writing requirement under the Statute of Frauds means that an agreement must simply be evidenced by some type of writing, wr
Misha Larkins [42]

Answer:

It is True. the option (a) is correct

Explanation:

Solution

Given that:

The statue of fraud can be refereed to as the requirements for specific kind of contract that should be in writing and signed by the parties involved with sufficient evidence. the main idea is to stop fraud and other types of injury.

The vital aspect of statute of frauds include  the following:

  • It applies to particular types of contract and they are six classification It include contracts for  an interest for the sale of land, contracts that need to be performed in more than a year, contracts about someone else's debt presumed by other, contract in which marriage is a deliberation, contracts for good sold value more than $500 and promises by executors or administrators.
  • The motive of the contract is that it formalize the concurrence between the parties so that it can be thought seriously.
  • The statute of frauds avert fraudulent conduct of one party to another.

6 0
3 years ago
How is it best to get rid of information you receive in the mail?
GarryVolchara [31]
C is the correct answer.
6 0
3 years ago
Read 2 more answers
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