Question 21 (3.333333333 points)

In two or more complete sentences, compare and contrast making a purchase with a debit card versus making a purchase with a cred

Vlad [161]

Answer:

When you pay with a credit card you use the bank's money that you have to pay back but with a debit card, you are using money straight out of your account. In the end, you are basically using your money just not in the form of paper.

Explanation:

When you pay with a credit card you use the bank's money that you have to pay back but with a debit card, you are using money straight out of your account. In the end, you are basically using your money just not in the form of paper.

3 0

2 years ago

Question 2

Gnesinka [82]

Answer:

Check the explanation

Explanation:

S.no. Date Particulars Debit ($) Credit($)

1. 31.03.2020 Bank A/c Dr 2800000

To Equity Share Application A/c Cr 2800000

(Being Application Money received on Shares)

2. 01.04.2020 Equity Share Application A/c2800000

To Share Capital A/c Cr 2000000

To Share Allotment A/c Cr 800000

(Being allotment made to shareholders)

3. 01.04.2020 Equity Share Allotment A/c 2000000

To Equity Share Capital A/c Cr 2000000

(Being allotment amount transfer to capital account)

4. 01.04.2020 Bank A/c Dr 1200000

To Equity Share Allotment A/c Cr 1200000

(Being Balance allotment amount received)

5. 01.04.2020 Share Issue Expenses A/c Dr 10000

To Bank A/c Cr 10000

(Being Share issue Expenses paid)

6. 30.06.2020 Bank A/c Dr 450000

To Share Capital A/c Cr 450000

(Being Right Share Issued)

7. 01.10.2020 Bank A/c Dr 250000

To Share Capital A/c Cr 250000

(Being Options given to shareholders)

8. 01.10.2020 Share Expenses A/c Dr. 50000

To Bank A/c Cr. 50000

(Being Option cost 50cents per share paid)

9. 30.11.2020 Interim Dividend A/c Dr 120000

To Bank A/c Cr 120000

(Being Interim Dividend Paid)

3 0

3 years ago

Peterson Manufacturing and the local steelworkers' union are having a negotiation breakdown. Peterson's management is keeping em

erica [24]

Answer:

B) lockout

Explanation:

Since in the question it is mentioned the manufacturing Peterson and the local steelworkers contain the negotiation breakdown also is keep out of the work place and runs the operations with non permanenet replacements

So here to overcome this breakdown, the lockout strategy is used

And all other given options are wrong.

7 0

3 years ago

Western Inc. purchases a machine for $70,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed de

Ne4ueva [31]

Western Inc. purchases a machine for $70,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed depreciation percentages- the cash flow from disposal is $46720

Explanation:

Given that the four-year sale is at $50,000.

we know that the book value of the machine must be established in order to determine if a gain or loss has been incurred at disposal.

The depreciation schedule for the $70,000 machine is: given as

Year 1: $70,000 × 0.2000 = $14,000

Year 2: $70,000 × 0.3200 = $22,400

Accumulated Depreciation = $14,000 + $22,400 = $36,400

Book Value of machine = $70,000 - $36,400 = $33,600

Gain on disposal is $50,000 - $33,600 = $16,400

Tax on Gain = Gain on disposal × Tax rate = $16,400 &

times; 0.20 = 20% of $16,400=20/100*16400=3,280

After-Tax Cash Flow at disposal = $50,000 - $3,280 = $46,720

8 0

3 years ago

Trusted wholesalers is a company that purchases products produced in mexico and sells them to companies based in the united stat

DENIUS [597]

The appropriate response is NAFTA or the North American Free Trade Agreement. It is an assertion among the United States, Canada, and Mexico intended to evacuate duty hindrances between the three nations.

In 1994, the North American Free Trade Agreement (NAFTA) became effective, making one of the world's biggest facilitated commerce zones and establishing the frameworks for solid financial development and rising flourishing for Canada, the United States, and Mexico.

7 0

3 years ago