Answer:
Cash Basis, Accrual Basis
Explanation:
Modified cash basis of accounting would contain items (accounts) measured under both the cash basis of accounting and the accrual basis of accounting.
The modified cash basis combines the usage of the two major bookkeeping practices: cash and accrual accounting. It gets the best of both worlds, recording sales and expenses for long-term assets on an accrual basis and those of short-term assets on a cash basis.
If the fed buys $1 million in government securities from bank a, then the immediate effect of this transaction is an increase in Bank A's excess reserves
The word bank has many meanings. Apart from things related to money such as savings banks and piggy banks, banks are also grass and dirt slopes such as riverbanks.
Banks, institutions that trade money and its substitutes and provide other money-related services. In their function as financial intermediaries, banks accept deposits and authorize loans.
Steal the key. A bank is a financial institution authorized to accept deposits and make loans. There are different types of banks such as retail banks, commercial banks, and investment banks. In most countries, banks are regulated by central governments or central banks.
Learn more about Bank here
brainly.com/question/15525383
#SPJ4
Answer:
C
Explanation:
The highest mountain could fit into the deepest ocean basin.
Answer:
$9,631
Explanation:
In 2019, the Standard mileage rate deduction for the business purposes is 58 cents per mile.
Therefore,
Her deduction is as follows:
= (No. of miles drove × 58 cents per mile) + Tolls associated with the business mileage
= (16,200 × 58 cents per mile) + $235
= 9,396 + 235
= $9,631
Therefore, by using the standard mileage method, her deduction is $9,631.
Answer:
Dr. Depreciation Expense Account $8,200
Cr. Accumulated Depreciation $8,200
Explanation:
Depreciation is the expense that is charged from the fixed assets to the revenue. All the depreciation of the fixed asset are accumulated in a account of accumulated depreciation, which is contra asset account. the assets are reported on the balance sheet net of accumulated depreciation.
