Criminal acts range from relatively minor crimes, such as trespassing or shoplifting, to severe crimes, such as arson or murder.

lesya [120]

I believe the answer is: B. <span>You only need to sign a deposit slip when receiving cash.

Deposit slip would be filled with a list of cash and cash equivalent that you give to bank teller to be added to your bank account.
Most bank provide the services which allow you to take small percentage of your deposited check in the form of cash. When doing this, you need to sign it as a form of authorization.</span><span />

4 0

3 years ago

Read 2 more answers

Julie and Kristen are partners in a local sporting good store. They needed $51,000 to start the

GuDViN [60]

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7 0

3 years ago

Read 2 more answers

On January 1, 2018, Brazos Company purchased equipment and signed a sixminusyear mortgage note for $ 186 comma 000 at 15%. The

kifflom [539]

Answer:

The journal entry to record the first installment payment will include a debit to interest expense of $27,900, mortgage notes payable of $21,248 and a credit to cash account of $49,148

Explanation:

For recording the first installment payment, we have to compute the interest amount which is given below:

Interest amount = value of Mortgage note × rate × year

= $186,000 × 15% × 1 year

= $27,900

Since we have to compute the installment for January 1, 2019, therefore, we take the one year period

Now, we have to compute the principal amount which equals tp

= Installment amount - interest expense

= $49,148 - $27,900

= $21,248

So, the journal entry would be

Interest expense A/c Dr $27,900

Mortgage note payable A/c Dr $21,248

To Cash $49,148

(Being payment of the first installment recorded)

7 0

3 years ago

Equinox Outdoor Wear issues 1,000 shares of its $0.01 par value preferred stock for cash at $30 per share. Record the issuance o

Elden [556K]

Answer:

The journal entry for the issuance of the preferred stock is shown below:

Explanation:

Cash A/c..................................................Dr $30,000

Preference Stock A/c....................................Cr $10

Paid in Capital in excess of Par A/c...........Cr $29,990

Working Note:

Cash = Shares × Issued price per share

where

Shares are 1,000

Issued Price per share is $30

= 1,000 × $30

= $30,000

Preference Stock = Shares × Par price

= 1,000 × $0.01

=$ 10

Paid in Capital in excess of Par = Cash - Preference stock

= $30,000 - $10

= $29,990

3 0

3 years ago

From an economic perspective, a student’s decision to go to the movies instead of studying for a test indicates that in the stud

shepuryov [24]

Answer:

It means that the marginal cost of going to the movies is less than the marginal benefit of going to the movies.

Explanation:

If the student chooses to go to the movies, it means that he thinks he has less to lose when he foregoes studying for a test. Even though logically it may appear that the latter would be a better option, according to him, the 2 or so hours at the movies would provide an extra value like if he went with a family member who he cares about. That probably beats the cost of staying up late to revise for the test.

6 0

3 years ago