A memo is a copy of a document transmitted via phone line using a facsimile machine.

Terp Bank obtains a relatively large portion of its funds from conventional demand deposits as it creates many branches with man

lapo4ka [179]

Terp Bank obtains a relatively large portion of its funds from conventional demand deposits as it creates many branches with many employees to attract demand deposits. Its interest expenses should be relatively low while its noninterest; expenses should be relatively high.

Option B

<u>Explanation:</u>

A withdrawal deposit is a banking or any other financial institution balance whereby the depositor may, without any notice or notification, remove the deposited funds from those in the account within seven days.

An example of demand deposits is checking accounts. We require the depositor to withdraw money at any moment. The volume of transactions a creditor is allowed on these transactions is infinite (even though each transaction might be paid by a bank).

For buyers, deposits of demand are essential because sometimes they house funds for daily expenses. Under no scenario, depositors could not purchase items on-demand without informing the bank first.

8 0

2 years ago

Notes or accounts receivables that result from sales transactions are often called A. non-trade receivables.B. trade receivables

oksian1 [2.3K]

Answer:

B. trade receivables

Explanation:

Trade receivables are amounts billed by a company to its clients when it delivers goods or services to them in the ordinary course of business, not been collected at the sale moment, but in the future. This may or may not include interest.

Instead, non-trade receivables are amounts owed to the company that falls outside of the normal course of business, such as employee advances or insurance reimbursements.

7 0

3 years ago

Tom is trying to quit smoking. His parents, siblings, wife, children, and his doctor have all emphasized to him how important it

4vir4ik [10]

Answer:

perceived behavioral control

Explanation:

According to my research on the theory of planned behavior, I can say that based on the information provided within the question the factor most likely to interfere with Tom quitting smoking is his perceived behavioral control. This is defined as the individuals perception of believing whether or not a behavior is within their control. If Tom does not believe quitting smoking is in his control, then he will not be able to quit regardless of how many people tell him how important it is to do so.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0

3 years ago

Read 2 more answers

On January 1, 2020, Pina Corporation sold a building that cost $263,240 and that had accumulated depreciation of $101,140 on the

Firlakuza [10]

Answer:

Gain from sale = $23,067

Explanation:

the none interest bearing note must be recorded at present value:

present value of the note = face value / (1 + r)ⁿ

face value = $253,240
r = 11%
n = 3

PV = $253,240 / (1 + 11%)³ = $185,167

the note receivable must be recorded at $253,240, but $68,073 will be recorded as interest revenue.

the journal entry for the transaction should be:

January 1, 2020, sale of a building:

Dr Notes receivable 253,240

Dr Accumulated depreciation 101,140

Cr Building 263,240

Cr Interest revenue 68,073

Cr Gain from sale 23,067

8 0

3 years ago

Summer Dean was walking through the mall and found a gym bag lying on the ground. The decision Dean must make as to whether to k

suter [353]

Answer:

Ethics

Explanation:

Ethics also called moral philosophy involves how an individual systemises, defends and recommends the concept of right or wrong.

Summer is facing an ethical decision of either returning the bag or keeping it for herself. Her decision will be based on her definition of right or wrong.

If her moral philosophy is one that does not see theft as something that is wrong, she will decide to keep the bag. If on the other hand she sees keeping the bag that is not her own as wrong she will decide to return it.

6 0

2 years ago