Answer:
The Decrease in expenses $360
Explanation:
Since the supplies expense is debited by $1,240 for office supplies purchased
and the office supplies on hand is $880
So, the remaining office supplies left is
= Supplies expenses debited for Office supplies purchased - office supplies on hand
= $1,240 - $880
= $360
This $360 represent that there is a decrease in expenses
Answer:
Spree Chocolatier would be considered as both the state of incorporation and the state of its principal place of business
Explanation:
The Spree Chocolatier would be considered a citizen of both the state of incorporation and the state of its principal place of business According to federal diversity purposes because based on the information given the Spree Chocolatier which was incorporated by Jules has several of their facilities in five major cities which include California, Arizona, and Washington in which after fulfilling the contract for the 500 fancy desserts for a banquet, the same Spree Chololatier has client in Seattle, Washington which refused to pay which makes Jules to brought suit this means Spree Chocolatier would be considered a citizen of both the state of incorporation and the state of its principal place of business because the state of incorporation and the state of its principal place of business are the 5 major cities in which Jules incorporated his business.
Answer:
The initial expenditure of the company on salary is Rs. 72.000
Explanation:
First we need to express the employees ratio in letter
3A=B
2C=D
A and C being the amount of employees
B the salary before, D the salary after
They say the salary after is the slary before minus Rs. 12.000
we can express this as D=B-12.000
We know to that the salary of each employee increased 4 to 5
Then C=(5/4)A or A=(4/5)C
We can have the following equation
2((5/4)A)=B-12.000
A=(2/5)(B-12.000)
we use this in the first expression
3(2/5)(B-12.000)=B
1,2B-14400=B
0,2B=14400
B=72.000
Answer:
Option B: Debit card
Explanation:
Checking account is simply a type of an account which helps it users to be able to pay bills. It is an account into which an individual can deposits money and from which an individual also withdraws money by the use of check (writing checks) or using a debit card.
A debit card is a type of withdrawal card that helps an individual to withdraw cash from an ATM or to pay directly for goods or services at stores and restaurants and others. It is also defined as a plastic card used to withdraw cash from a checking account or make payments electronically without having to write a check.
The type of loan that this is known to represent is what is referred to as the wraparound mortgage loan.
<h3>What is the wraparound mortgage loan?</h3>
This is the type of mortgage that has to do with the fact that the borrower is financing another loan when they have not been able to finance the original mortgage itself.
This type of loan is beneficial to a person given that they would be able to get a system of loan that may not have been possible before.
Hence we have to conclude that Jays financing a property when he has an existing mortgage is what is called the wraparound mortgage loan.
Read more on the wraparound mortgage loan here:
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