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Nezavi [6.7K]
3 years ago
13

When opening your Roth IRA investing account , your financial advisor gives you two options.

Business
1 answer:
Charra [1.4K]3 years ago
3 0

Answer: Option 2

Explanation:

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At the closing on June 15, the buyer is assuming a mortgage presently on the property, on which the monthly interest charge is c
Viefleur [7K]

Answer:

The correct answer is :

  • Debit seller $300;
  • Credit buyer $300.

Explanation:

The interest of a mortgage is estimated by dividing the interest rate by the days of the year and after that, the outcome has to be multiplied by the outstanding one. This interest can be the same amount every day of the same month. Normally, the amount due the lender is calculated a month at a time.

4 0
3 years ago
not-for-profit organization held the following investments: Investment Cost Fair value (beginning of year) Fair value (end of ye
arsen [322]

Answer:

$14,900

Explanation:

not-for-profit organization will report the investments at the fair value of the investments end of year, in the year-end statement of financial position.

Here,

Investment                                   Fair value (end of year)

Stock A (100 shares)                                     $51

Stock B (200 shares)                                    $49

Stock A = (100 * 51) = $5,100

Stock B = (200 * 49) = $9,800

Total Investment fair value at end of year = $14,900

$14,900 will be the amount reported in stock investments in the year-end statement of financial position.

3 0
3 years ago
heywood yapinchme works in the it department at pain, inc. after finding out that the company is planning to purchase four more
mash [69]

Then, using his brother's name and dealing with seller records, he resold the computer systems to ache for $2, three hundred. this form of scheme is called a(n):d) Turnaround sale

A vendor, also known as a dealer, is an individual or business enterprise that sells goods or services to someone else within the economic manufacturing chain.

A business enterprise or a man or woman who sells a terrific or a carrier is a supplier. companies may promote to different companies, or they may be outlets that promote immediately to purchasers. An instance of a seller is a company that gives the stock to boutique apparel shops. Key takeaways. A vendor is a person or business that purchases goods and services from distributors and resells those gadgets to purchasers or different businesses. The 5 varieties of vendors are manufacturers, wholesalers, outlets, carrier and preservation vendors, impartial carriers, and alternate display representatives.

Learn more about vendor here:

brainly.com/question/28787369

#SPJ4

6 0
1 year ago
Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February
OverLord2011 [107]

Answer:

Debit Inventory $40,600

Credit Cash account $40,600

Being entries to recognize the cost of inventory

Explanation:

The initial recognition of inventory is to be done including all the cost incurred in bring inventory to the place of use or storage. These includes freight and the cost of the item. When inventory is purchased on account, entries required are Debit Inventory, credit account payable. Where cash is paid, the debit is same but the credit entry is posted to the cash account.

Hence total cost incurred (which is the cost of inventory)

= $40,000 + $600

= $40,600

6 0
3 years ago
Which of the following statements is true?
Nana76 [90]

Answer:

the answer should be

a. Overhead can be applied slowly as a job is worked on.

3 0
3 years ago
Read 2 more answers
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