That city has <span>purchase money security interest.
</span><span>purchase money security interest refers to a type of claiming rights that enables lender to make acquistion towards a certain asset in higher priority than other creditors. This type of rights is really important to secure the lender's profit in case the borrowers fail to return the credit (or went bankrupt)</span>
Answer:
Answer:jannwow0eouehehevhehehehehoepwowow
Answer:jannwow0eouehehevhehehehehoepwowowExplanation:
- Answer:jannwow0eouehehevhehehehehoepwowowExplanation:ok sjosowkbwvehdis9oq0q002o2h2bevvevevdgdghshshwhwjwiwiiw9w91929287373747r6r6fychxnznnakakww
Answer:
A Merchandising Company
Journal Entries:
Nov. 5:
Debit Inventory $6,000
Credit Accounts Payable $6,000
To record the purchase of 600 units of a product at a cost of $10 per unit, terms, 2/10, n/60.
Nov. 7:
Debit Accounts Payable $250
Credit Inventory $250
To record the return of 25 defective units.
Nov. 15:
Debit Accounts Payable $5,750
Credit Cash Discount $115
Credit Cash Account $5,635
To record payment on account.
Explanation:
The journal entries show the accounts affected by each transaction. Two or more accounts are usually affected. One account receives value and is debited and the other gives value, and it is credited.
The trade terms 2/10, n/60 implies that a cash discount of 2% on the outstanding balance exists for early settlement on account within 10 days and the credit period should not exceed 60 days or two months.
Answer:
Subject: The presenter
Predicate: used visual aids to engage the audience.
Verb: used
Explanation:
These are the correct parts of the sentence. The subject of a sentence refers to the "what" or the "whom" that the sentence is about. On the other hand, the predicate is the part in which we say something about the noun. The verb refers to the action that is performed by the subject, and it is generally considered to be part of the predicate.
