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The bill of lading is the type of receipt that provides information showing that 2,000 air filtration units had been delivered to its warehouse.
<h3>What is a bill of lading?</h3>
A carrier will issue a bill of lading to confirm receiving cargo for shipment. A bill of lading can be used for any sort of good transportation today, despite the fact that originally the phrase was exclusively used to refer to shipping. A contract, a receipt attesting to the carrier's receipt of the goods, and a document of title are all purposes served by the bill of loading.
Consequently, it is a document that goes with freight that outlines the agreement between the shipper and the carrier and sets down the rules that apply to their interaction when products are transported. It provides information about the shipment's cargo and transfers ownership of the shipment to the designated recipient party.
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<span>Supply is the quantity of a good or service that producers are willing and able to offer for sale at various prices. </span><span>The two conditions that must be met in order there to be supply of a product are:
1. Buyers must be willing for it
2.Buyers must be able to pay for
</span>The Law of supply states that <span>as the price of a good or service increases, the quantity supplied increases, and vice versa.</span>
Answer: Eric will report an Interest Income of $1560
Explanation:
Interest Rate (r) = 6%
Marturity Value = 26000
Interest income for this year
Interest income (6 months) = 26000 x (0.06/2) = 780
Interest income for this year = 780 x 2 = 1560
Eric will report an interest income of $1560 this year.
Interest Income in the final year (Maturity year)
Bond Interest Payments are constant each year for up until the Bond Matures. Eric will still earn an interest of $ 1560 in the final year