Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.
<h3 /><h3>What is Accounting?</h3>
Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.
T Accounts should be made as follows.
Assets
DR $1500 Computers
DR $650 Furniture
DR $334 Van Payment
Expenses
DR $420 Office Supplies
DR $250 Electric Company
DR $100 Water
DR $250 Office Supplies
Petty Expenses
DR $150 Steak House
DR $100 Fuel Stop
The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.
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Answer : Premium Pricing.
Companies manufacturing or selling designer apparel, custom jewellery or exclusive paintings usually have a unique brand. These companies usually have their own signature brands that have a big competitive advantage. Hence they charge higher prices.
Answer: false
Explanation: investors of callable bond are compensated with attractive interest, It benefit the issuer. Callable bond are also called redeemable bond, it is a bond that is redeemed or paid off by the issuer prior to date the bond mature.
It is a false statement, that if the yield curve is upward sloping, an outstanding callable bond should have lower yield to maturity than noncallable bond.
We use $37,500 as a basis of sales per year for the two companies for Julie. <span>. When the two companies are equated, 30,000 + 0.03*x = 25,000 + 0.05*x where x is equal to $250,000 as total sales that equates both. This means, sales below this $250,000 line has lower pay than the other. </span>
Because she had repaid the mortgage fully, the Big Bank filed a satisfaction of a mortgage with Bonnie to discharge her lien.
<h3>What is a satisfaction of mortgage?</h3>
This refers to a document that serves as evidence the debtor has paid the mortgage in full and also releases the lien associated with the loan from your property and transferring the title to them.
Hence, because she had repaid the mortgage fully, the Big Bank filed a satisfaction of a mortgage with Bonnie to discharge her lien.
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