the price of this bill is $64669.58 in 60 days.
In this question the given things is:
a treasury bill has a face value of $65,000.
yield percentace = 3.05%
time = 60days
the price of this bill = a face value of a treasury- (a face value of a treasury *yield percentage * given time per year)
the price of this bill = $65,000 - $65,000*(3.05/100)*(60/360)
the price of this bill =$64669.58.
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Answer:
Common Stock
Explanation:
We know that
The debit sections track assets, expenses side, and dividend while revenues, stockholder equity, and the liability side are reported in the credit section.
So in the given question, the common stock has credit balance whereas the dividend, supplies, and the salary expense has a debit balance
By proper posting of accounts in the correct columns, the total of debit and credit columns would be matched.
Answer:
line
Explanation:
hope this helps have a nice
Answer:
A las personas mayores que se acercan a la jubilación generalmente les parece mejor invertir en NEGOCIOS ya que generalmente buscan menos riesgo con sus inversiones.
Answer:
$10,070
Explanation:
The true cash balance is the balance having considered the effect of the transactions that have happened but are yet to be captured in the books.
Reviewing the transactions,
- bank service charges of $50 - This will be deducted from the book balance
- Two credit memos are included in the bank statement: one for $940, which represents a collection that the bank made for Owen, and one for $60, which represents the amount of interest that Owen had earned on its interest-bearing account in June - Both will be added to the book balance
Hence the true cash balance
= $9,120 - $50 + $940 + $60
= $10,070
