Answer:
Entries are given below
Explanation:
Calculations
Cash = ($68,000 x 90%) - ($68,000 x 2%)
Cash = $61,200 - $1,360
Cash = $59,840
Loss on sale = ($68,000 + $3,800) - ($59,840 +$5,800)
Loss on sale = $71,800 - $65,640
Loss on sale = $6,160
Entries
DEBIT CREDIT
Cash $59,840
Loss on sale $6,160
Receivable from factor $5,800
Recourse liability $3,800
Receivables $68,000
There you go. let me know if this is right
Answer: c. Mary will need to send some sort of official documentation regarding the merge or company name change to the DSO, so that her record can be updated.
Explanation:
The options to the question are:
a. This is a new company and new position, Mary will need to compelete a new CPT application.
b. Nothing has changed, Mary does not need to provide any updates.
c. Mary will need to send some sort of official documentation regarding the merge or company name change to the DSO, so that her record can be updated.
d. Mary can call campus and just tell someone.
From the question, we are informed that Mary Ling works for XYZ Corporation, LLC and they have just merged with ABC, Inc. In this case since there is a merger, Mary has to send official documentation to the DAO in order to notify them about the merger and the change of name of the company. When the documents are received by the DSO, it'll be processed and the change will be effected in the student's record.
Based on my research below are the choices for the given question above:
<span>Check cashing
Loans on possessions
High interest savings accounts
Life insurance
Now, the answer for the question, pawnshop generally offers what type of service is the "Loans on Possessions.
</span>
