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Helen [10]
4 years ago
5

While preparing its bank reconciliation, how should nordstrom record funds approved by visa but not yet received since the trans

fer may take up to two days?
Business
1 answer:
Gnom [1K]4 years ago
7 0
<span>The records might not have been found because the transfer took more than or equal to two days.It could be approved by visa after the transfer will be done successfully.</span>
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The business bought supplies on account. To record this transaction,
Alla [95]
Hi there

The answer is
C. an asset is debited, and a liability is credited.

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4 0
3 years ago
If the Fed sells treasury bonds, what happens? Select an answer and submit. For keyboard navigation, use the up/down arrow keys
andre [41]

Answer:

c Financial institutions purchase the bonds, which removes money from the system and the interest rate rises.

Explanation:

The Fed engages in various strategies to control the amount of money in the economy. On each strategy is the Open Market Operations (OMO) where the Fed regulates cash in circulation by selling or buying of securities.

When the Fed sells treasury bonds they want to mop up cash in the economy and reduce money supply.

As financial institutions purchase the bonds the level of liquidity or cash in the economy reduces.

This will push interest rates up as financial institutions have less cash to lend to customers.

4 0
3 years ago
Write out two uses of oxygen​
vaieri [72.5K]

Answer: Common uses of oxygen include production of steel, plastics and textiles, brazing, welding and cutting of steels and other metals, rocket propellant, oxygen therapy, and life support systems in aircraft,submarines, spaceflight and diving.

Explanation:

3 0
3 years ago
What is the chronological order of the material cost flows through the subsidiary records? a. Materials Ledger Card, Receiving R
RoseWind [281]

Answer:

The correct order is option B.

Explanation:

As the order is in which the items are in the process of the subsidiary is given as by option B.

Option A is not true as the step of receiving report is not at the start of the process.

Option C is not true, because all the steps are not included.

Option D is not true as well because all the steps are not included.

5 0
3 years ago
__________________ occurs when we are likely to buy even more of a product​ (versus less) after an initial impulse purchase.
VLD [36.1K]

Purchase momentum.

Initial impulses to buy lead to higher likelihoods of purchasing more.

3 0
3 years ago
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