1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iVinArrow [24]
3 years ago
8

Choose all that apply.

Business
2 answers:
Nostrana [21]3 years ago
7 0

Answer: Select each of the tasks associated with opening a checking account.

  • Provide information such as name, address, date of birth, and Social Security Number.

Provide identification.

  • Deposit at least the minimum balance.
  • Sign an authorization card.

Explanation:

When requesting a checking account, customers <u>agree to deposit money into the account and for their part, the bank must fulfill their payment orders.</u>

The first step before opening a checking account <em>is to compare the different alternatives offered by the entities,</em> to know the fees they charge or not for the maintenance of the checking account and the associated products. The second thing you need to open a checking account<em> is to be of legal age and meet the specific requirements </em>set by the chosen financial institution.

vesna_86 [32]3 years ago
4 0
Provide information such as the name address date of birth and social security number verify the account provide identification deposit at least the minimum balance sign an authorization card
You might be interested in
On November 1, 2018, ABC signed a $100,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six mo
Kryger [21]

Answer:

ABC

In recording the payment of the note plus accrued interest at maturity on May 1, 2019, ABC would: __________

Journal Entries:

May 1, 2019:

Debit Interest Payable $1,000

Debit Interest Expense $2,000

Debit Notes Payable $100,000

Credit Cash $103,000

To record the payment of the note plus accrued interest at maturity.

Explanation:

a) Data and Calculations:

November 1, 2018:

6% 6-month Note Payable = $100,000

December 31, 2018:

Accrued interest = $1,000 ($100,000 * 6% * 2/12) for 2 months

May 1, 2019:

Interest Expense = $2,000 ($100,000 * 6% * 4/12) for 4 months

Transaction Analysis on May 1, 2019:

Interest Payable $1,000 Interest Expense $2,000 6% Notes Payable $100,000 Cash $103,000

6 0
2 years ago
Colombo Enterprises has a defined benefit pension plan. At the end of the reporting year, the following data were available: beg
nordsb [41]

Answer:

The correct answer is $12,400.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the pension expense by using following formula:

Pension expense =  Interest cost + Service cost - Expected return on plan assets.

Where, Interest cost = $6,400

service cost = $17,000

Expected return on plan assets = $11,000

So, by putting the value, we get

Pension expense = $6,400 + $17,000 - $11,000 = $12,400

Hence, Journal entry for the following are as follows:

Pension Expense A/c Dr.   $12,400

To Cash                                      $12,400

8 0
3 years ago
You believe you must withdraw $12,000 per month during retirement. You plan to be retired for 30 years. Assuming your money will
jek_recluse [69]

Answer:

$2,385,086

Explanation:

To answer this question, we need to use the present value of an ordinary annuity formula:

PV = A ((1-(1+i)^{-n} )/i)

Where:

  • A = Value of the annuity
  • i = interest rate
  • n = number of compounding periods

Because the interest rate is annual, it is convenient to convert it to a monthly rate.

4.5% annual rate = 0.37% monthly rate.

The number of compounding periods will be = 12 months x 30 years

                                                                            = 360 months

Now, we simply plug the amounts into the formula:

X = $12,000((1-(1 + 0.0037)^{-360} )/0.0037)

X = $2,385,086

You will need to have saved $2,385,086 if you plan to retire under the aforementioned circumstances.

7 0
3 years ago
Ernest is applying for a carpentry apprenticeship program. He must take a test involving mathematical calculations including wor
Mama L [17]

Answer:

B. False

Explanation:

Since in the question, it is mentioned that Erney applied for a carpentry apprenticeship program. Also he took the test. This is not a illegal as if he wants to work in two specialized field than he could co but the work should be legal in nature and both the work are legal itself

Hence, the given statement is false

6 0
3 years ago
When there are economies of scale, (1pts) Question 12 - When there are economies of scale, Select d) output does not affect per-
Tresset [83]

Answer:

per-unit costs decrease as output increases

Explanation:

In simple words, Economies of scale can be understood s the cost benefits that businesses receive as a result of their size of operation. As the expense per unit of production decreases because scale increases. Because expenses are dispersed among a greater quantity of items this occurs.

Thus, from the above we can conclude that the correct option is B.

7 0
3 years ago
Other questions:
  • The mere exposure effect most directly contributes to the positive relationship between ________ and liking.
    6·1 answer
  • Describe three issues that might arise from failure to comply with quality control standards.
    10·2 answers
  • For dod computer-based systems such as automated information systems and command and control systems, standard information techn
    13·1 answer
  • The method used to share an idea with an audience is called what? 6 points
    11·1 answer
  • Palmona Co. establishes a $140 petty cash fund on January 1. On January 8, the fund shows $29 in cash along with receipts for th
    6·1 answer
  • Mortensen Industries, which uses a process-costing system, adds material at the beginning of production and incurs conversion co
    14·1 answer
  • What should you remember when you
    9·2 answers
  • What is the answer<br> Why is the slope of an indifference curve bowed inward to the origin?
    10·1 answer
  • Is every leader a manager? Is every manager a leader? What skills do managers and leaders share? What skills make them different
    11·1 answer
  • All leveling techniques delay noncritical activities by using ________ to reduce peak demand.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!