Answer:
credit
Explanation:
an agreement between a buyer and the seller that payment for product or service will be received at some later due date
The lender will most likely take possession of his car when Eduardo failed to make any payments over the past few months on the car credit.
<h3>What is a
car credit?</h3>
A car credit is an arrangement of installment payment on a car with an agreement to pay certain amount at regular interval.
Hence, the lender will most likely take possession of his car when Eduardo failed to make any payments over the past few months on the car credit.
Therefore, the Option B is correct.
Read more about car credit
<em>brainly.com/question/24460932</em>
Answer:
The explanation according to the given circumstance is described below throughout the explanation section.
Explanation:
- Warby Parker announces a brand new approach for purchasing glasses: the opportunity to get elevated accessories shipped to the door at quite a cheap price.
- Individuals post five major social media framework choices to inspire clients and receive supportive input from their loved ones.
- A new sales moment in time structure was perhaps the most critical aspect of developing consumer engagement.
Answer:
<u>$289,000</u>
Explanation:
The journal entry for sale of investment for profit is:
Bank A/C Dr.
To Investments A/C
To Gain on sale of investments
(Being investments sold and profit realized being recorded)
Purchase of Investments during the year = Investments closing balance + Amount of investments sold - Investments opening balance - Gain on sale of investments
Investments purchased during the year = $1,200,000 + 80,000 - 965,000 - 26000
Investments purchased during the year = $289,000
Investments account is an asset account. A debit to such an account increases it's balance and a credit reduces it's balance.
Answer:
requirements contract
Explanation:
A requirements contract is a contract between a supplier and a buyer for the provision of a specific product or service where the supplier agrees to provide all the quantity of goods that the buyer might require, and the buyer agrees to only purchase that specific good from that supplier. It is like engaging in a relationship with your vendor, where you can only purchase the good from him and he must provide all the goods that you may need.