1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Juliette [100K]
2 years ago
13

using the T-accounts of the first national bank and the second national bank, describe what happens when Jane Brown writes a che

ck for $55 on her account

Business
1 answer:
zhuklara [117]2 years ago
7 0

Answer:

Please refer to the attached.

Before Jane Brown wrote the check, her account was $55 at First National Bank which is reflected by the checkable deposit of $55 which the bank will keep in reserve as an asset.

Joe Green has not received the money so his account at Second National will show $0 balances.

After the cheque has been written and deposited, Jane Brown's chekcable deposits at First national will become $0 as well as the reserves.

Joe Green on the other hand, having gained the $55 and deposited it will see his checkable deposits rise to $55 which the bank will keep in reserve as an asset.

You might be interested in
A factory building is an example of which factor of production?
Luba_88 [7]

Answer:

The making and delivery of the product.

Explanation:

Because in a factory it manufactures the product that they are making and send them to stores to sell the products for money.

5 0
3 years ago
__ offers users an "Ask a Librarian" feature to inquire about the library's collections.
charle [14.2K]

Answer:

Library of Congress (LOC)

Explanation:

A library also known as a bookhouse can be defined as an institution having various collection of books and other informative materials that people can read to gain more knowledge, insight and motivation about a particular topic. An example of a library is the Library of Congress (LOC) located in Washington DC, United States of America.

Library of Congress (LOC) refers to the research library used by the Congress of the United States of America to provide or gain access to a diverse and rich source of knowledge (informations) about things, places, animals, plants, people, etc.

Basically, it comprises of millions of literary works such as manuscripts, books, photographs, maps, recordings, newspapers in its collection and as a result of this, it is known to be the largest library in the world.

The Library of Congress (LOC) offers users an "Ask a Librarian" feature to inquire about the library's collections. Therefore, users can easily make enquiries from a librarian on any thing they aren't clear about using the Library of Congress (LOC).

6 0
3 years ago
Which of the following most accurately describes one of the powers of stock holdiers
Lunna [17]

Answer:

The powers of stockholders are to be given discounts on the company's products.

5 0
3 years ago
Owen plans to open Owen's Pets Store, a pet supplies outlet, and to hire Quinn and Ruth. Owen will invest only his own money. He
rusak2 [61]

Owen plans to open Owen's Pets Store, a pet supplies outlet, and to hire Quinn and Ruth. Owen will invest only his own money. He does not expect to make any profit for at least two years and to make almost no profit for the first three years, but he hopes to expand eventually. Which form of business organization would be most appropriate Owen employs few workers and is not expected to earn profit for the first few years. Although, he still hopes to expand his outlet. In this case, a sole proprietorship is the best option because it is easier and cheaper to start a company. The business owner is free to make all decisions without any consultations. The sole proprietorship earns moderate profits and does not require huge funds in the near future. Owen employs only Quinn and Ruth to run the pet store, which means that it is a comparatively small outlet and does not require huge funds for its financing. Owen will enjoy one more advantage of paying a single tax. This means that the owner (Owen) is required to pay tax either on profits or personal income. This is because, in this organization, the owner and the business are the same entity. The earnings from the business are the personal income of the owner.

<h3>What is business organization?</h3>

The word "business organization" refers to the organizational structure of businesses and how such structure aids in achieving their objectives. Businesses are often built to concentrate on either making a profit or helping society. A company is considered a for-profit entity when it prioritizes making money. An organization is referred to as a nonprofit (or not-for-profit) organization and is not often called a business when it aims to further the social good through the arts, education, health care, or some other sector.

To learn more about business organization from the given link:

brainly.com/question/24734641

#SPJ4

5 0
2 years ago
What can hope do to change the numbers 2, 3, 5 and 6 to lowercase letters?
RideAnS [48]

Answer: D

Explanation:

Use the Mutlilevel List Icon

6 0
3 years ago
Other questions:
  • When different invest Assume​ Evco, Inc. has a current stock price of $ 50.00 and will pay a $ 2.00 dividend in one​ year; its e
    15·1 answer
  • The enormous variety of goods and services that we consume each day can be attributed mainly to
    5·1 answer
  • In 2017, Ozzie purchased a 2014 Ford Escort from his neighbor for his son, purchased a 2013 "one owner" Camry from Larchmont Toy
    13·1 answer
  • All of the following are true about the Correspondence category of communications with the public EXCEPT?
    14·1 answer
  • How do monopolistic market structures determine prices to charge for goods and services?
    9·1 answer
  • Which of the following is an example of investment (I) Group of answer choices a. new plants and equipment purchased by a firm.
    10·1 answer
  • Gretchen has just finished preparing the trial balance for her company. Upon looking at the balance, she sees that it has not ac
    14·1 answer
  • Which economic goal is encroached upon when the government taxes your wages in order to provide unemployment
    15·1 answer
  • The price of a ranchette estate is $260,000. The bank requires a 15% down payment and 3 points at the time of closing. The cost
    10·1 answer
  • Jay, a divisional vice president of a consumer goods manufacturer, gives a presentation to all divisional employees to outline t
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!