Based on the information given about the insurance company, the thing that Wayne should do is D. Immediately provide a copy of the company's AML policy as requested.
It should be noted that the anti laundering policy helps financial institutions in combatting money laundering.
Since the insurance company's AML compliance officer has been asked by FinCEN to provide the agency with a copy of the company's AML policy, he should immediately provide a copy of the company's AML policy as requested.
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Answer: carriage forward means delivery is being laid by the buyer. Carriage paid means delivery is paid by the seller.
Answer:
The answer is E-commerce
Explanation:
Nowadays, trade can occur anywhere, in the market or from the corner of your room.
The act of buying and selling goods and services through the internet is known as E-commerce. For example, Amazon. Amazon sells products through internet. Customers visit their website, search for what interests them and pay for it online through credit card or master card or might decide to pay on delivery of the product.
Question Completion:
Journalize the adjusting entries:
Answer:
Yazici Advertising
Adjusting Journal Entries:
Date Account Titles Debit Credit
October 31:
1. Supplies Expense $1,500
Supplies $1,500
To record the supplies expense for the year ended October 31.
2. Insurance Expense $50
Prepaid Insurance $50
To record the insurance expense for the month of October.
Explanation:
a) Data and Analysis:
October 31:
1. Supplies Expense $1,500 Supplies $1,500 ($2,500 - $1,000)
2. Insurance Expense $50 Prepaid Insurance $50 ($600 * 1/12)
3. From the scenario, the year-end is October 31.
