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3 years ago

An electronic card that serves as an interface to an ATM is known as a ____.

Business

1 answer:

Leviafan [203]3 years ago

6 0

Answer:

D. debit card

Explanation:

A debit card is an electronic card that enables customers to access their bank accounts via an ATM. An ATM ( Automated Teller Machine) is a banking outlet that allows customers to perform basic banking services such as deposits, withdrawals, transfers, and balance inquiries without stepping into the banking hall.

A customer needs to have their debit card and the PIN to access their bank account via the ATM.

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Transaction Entries and Adjusting Entries Deluxe Building Services offers janitorial services on both a contract basis and an ho

sammy [17]

Answer:

Jan.1

Dr Cash $ 42,000

Cr Unearned Service Revenue $42,000

Jan.31

Dr Unearned Service Revenue $ 7,000

Cr Service Revenue $ 7,000

Jan.31

Dr Account Fees Receivable $1,000

Cr Service Revenue $1,000

Explanation:

Preparation of Journal Entries

Jan.1

Dr Cash $ 42,000

Cr Unearned Service Revenue $42,000

(To record 6 month contract)

Jan.31

Dr Unearned Service Revenue $ 7,000 (42,000*1/6)

Cr Service Revenue $ 7,000

(To record january service fees earned on contract)

Jan.31

Dr Account Fees Receivable $1,000 ($40hours*$25 per hour)

Cr Service Revenue $1,000

(To record unbilled service fees at January 31)

8 0

3 years ago

Of the following statements, which are true for the corporate form of organization? (Select all that apply.)a. Owners have limit

zepelin [54]

Answer: Option A , B , C , D ,

Explanation:

A. As from the perspective of corporate law, the owners and company are two different entities thus the company itself is liable for its debt. Hence, It is true.

B. The basic characteristic of a corporate entity is that it has perpetual existence, thus, it has a continuous life. Hence, It is true.

C. Usually a corporate entity has one director for all of its major operations to control business activities of that department. Hence, It is true.

D. The ownership rights of corporate entities trade in share market in form of common stocks and can be sold or purchased easily. Hence, it is true.

8 0

3 years ago

For securities that are not highly liquid, investors demand a(n) ___________ to the interest rate as compensation.

maria [59]

Answer:

liquidity risk premium

Explanation:

7 0

3 years ago

The value of the goods and services Australia purchases from the U.S. are less than the value of goods and services the U.S. pur

Diano4ka-milaya [45]

Answer:

Option (d) is correct.

Explanation:

The information given in the question clearly shows that the value of goods and services U.S imported from Australia is greater than the value of goods and services Australia imported from the U.S. This exchange of goods and services between these two nations also shows that exports of Australia towards U.S. are greater than the exports of U.S. towards the Australia.

Balance of trade or Trade Balance or Net exports:

= Exports - Imports

Since Australia's Exports are greater than its imports, so Australia has a positive net exports and a trade surplus and U.S's Exports are less than its imports, so U.S has a negative net exports and a trade deficit with Australia.

7 0

3 years ago

Blue Co. has a patent on a communication process. The company has amortized the patent on a straight-line basis since 2014, when

raketka [301]

Answer:

Appropriate patent amortization expense = $10 million

Explanation:

As per the data given in the question,

Annual amortization expense = Cost ÷ Time

= $36 ÷ 9

= $4 million

Year 2018 Amortization Expense 4 Years = $4 million × 4

= $16 million

Unamortized cost = $36 million - $16 million

= $20 million

Year 2018 Amortization expense 4 years = $20 million ÷ 2

= $10 million

7 0

3 years ago