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timofeeve [1]
2 years ago
13

Which of the following best

Business
1 answer:
snow_tiger [21]2 years ago
7 0

Answer:

Umm c

Explanation:

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Northern Company has bonds with an amortized cost of $600,000. At the end of the first reporting period, the bonds had a fair va
Helen [10]

Answer:

we are not given any options, so I will show you the adjusting journal entry:

Dr Investment in bonds 75,000

    Cr Unrealized holding gains 75,000

Northern actually made a profit by simply holding these bonds since they appreciated from $600,000 to $675,000, but it cannot record the gains immediately until they are sold. That is why unrealized holding gains is credited.

6 0
2 years ago
Which of the following correctly indicate a difference between M1 and M2? Check all that apply. Fiat money Savings deposits Comm
Julli [10]

Answer:

Savings deposits

Explanation:

M1 and M2 are monetary aggregates that represent different classifications of the money supply.

M2 as a monetary aggregate, includes all the types of money included in M1, plus other money types like savings deposits, and money-market deposit accounts.

In other words, while savings deposits are included in M2, they are not included in M1.

3 0
3 years ago
Luke received a notice from his bank stating the he wrote a check for $150.00 when he only had $100.00 in his account. What fee
777dan777 [17]

Answer:

The fee that will be charged to Luke's account is the non-sufficient funds fee.

Explanation:

When an account holder decides to meet a certain financial demand, but the demand exceeds his/her account balance, then the bank will charge a non-sufficient funds fee on that transaction. This in most cases is due to the fact that the funds in that account might be not fully settled, thus the demand exceeds the expected available account balance.

Since the process of clearing a check or even making a purchase using the account is a service, the bank automatically charges for that service regardless of it being successful or not since the payment processing networks have to process the payments to determine the account holders information. This is a service that has to be paid for.

The account holder can however change the settings to his/her bank's overdraft policies. An overdraft policy can allow the customer to give the bank authority to cover the purchase but it always comes with hefty insufficient funds per transaction. The non-sufficient fee is typically about $35 per transaction. This means that the more one makes an overdraft authorization, the more the insufficient funds fee he/she accrues.

In our case, Luke decided to clear a check for $150  when his account balance was only $100. This means that he was $50 short. An insufficient funds fee will therefor be charged to his account.

7 0
3 years ago
Mike and Diane Carter file jointly and have taxable income of $150,000 prior to considering capital gains. This year, they had t
Veronika [31]

Answer:

C. $570 increase in liability

Explanation:

     Particulars                       Amount

Land                                        $1,400          [50000-48600]

Long term capital gain         +$3,000          [1000 * (15-12)]

Short term capital loss          <u>-$600 </u>            [300 * (8-10)]

Total Capital Gains                $3,800

Tax Rate                                   <u>15%</u>

Increase in liability                 <u>$570</u>              [$3,800 * 15%]

6 0
3 years ago
The company or person who has information to convey is the ______ in the marketing communication process.
Nataly_w [17]

The source is the company or person who has information to convey in the marketing communication process.

<h3>What is marketing communication process?</h3>

Marketing process refers to the procedure of creating awareness towards consumers that their product exist. The ultimate goal of any marketing communication is to drive the receiver to action.

The next step is to convince potential buyers that they will receive good value if they decide to spend their money on the company's product or services.

Hence, the source is the company or person who has information to convey in the marketing communication process.

Learn more about marketing communication process here : brainly.com/question/7176800

5 0
2 years ago
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