With a credit card, you’re only liable for up to $50 of unauthorized activity, no matter when you report it. If your card wasn’t present in the unauthorized transaction, you have zero liability. <span>With a debit card though, you have no liability if you report it stolen. If you report the loss within two days of learning about fraud or theft, you can be liable for up to $50. After that, however, your liability goes way up almost $500. </span>
Explanation:
The company acquired a machine on January 1 at an original cost of $ 81,000. The machine’s estimated residual value is $ 15,000, and its estimated life is 20,000 service hours. The actual usage of the machine was as follows:
Year 1 9,000 hours
Year 2 5,000 hours
Year 3 4,000 hours
Year 4 2,000 hours
Answer: D. What is to be produced?
Explanation: the producer needs to figure out what it is that they would like to be produced.
This is not a good investment and Charles should hold his plan of selling his bicycle Beijing and in China. For example, if Charles sold his bicycle horn for $3.00, this would need a 6.42*3 which is equal to 19.26 Chinese yuan.
Answer:
no no entry will be made
Explanation:
Data provided in the question:
Date on which inventory sold, December 29
Amount of inventory sold = $5,500
Account terms = 2/10 n/30
Date on which amount is paid, January 3
Now,
Since the date on which the entry is being made (i.e December 29) is before the payment is actually made (i.e January 3). Therefore, no no entry will be made in its inventory account
