Answer:
a defensive open market sale
Explanation:
The Trading Desk at the Federal Reserve Bank of New York is in charge of carrying on the short term objectives specified by the Federal Open Market Committee (FOMC). The Trading Desk engages in open market operations (OMO), which are the purchase and sale of Fed's securities.
In this case, in order to lower the float, the Trading Desk should carry on a defensive open market sale which should temporarily lower the interest rate. Defense open market operations are designed to offset temporary fluctuations, they shouldn't affect overall monetary policy.
The journal entry for the provided transaction is recorded by debiting the office supplies and crediting the cash with equal amounts of $870.
<h3>What is a journal entry?</h3>
A journal entry is an entry passed in the book of the journal to record the financial transactions of a company.
The journal entry is recorded as follows:
Date Particulars Debit Credit
Jan 12 Office supplies 870
Cash 870
(To record the purchase of office supplies in cash)
The complete question should be as follows:
On January 12, JumpStart purchased $870 in office supplies. (a) Journalize the transaction as if JumpStart paid cash.
Therefore, the journal entry is described and recorded as above.
Learn more about the journal entry in the related link:
brainly.com/question/14985188
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The owner of a corporation would be called the president (or sometimes its the CEO if it's a smaller company). The bondholders are the people who own bonds that a company gives them. So the answer would be false.
ok thank you for you response I will contact the other workers to see what we can do
Answer:
Internationalization is a necessary step for any logistics company which wants to consolidate in an increasingly globalized and interconnected world. Moldtrans this process initiated some years ago and this experience has allowed us to meet the challenges of growing up in the outside.
Explanation:
