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
Butoxors [25]
3 years ago
8

Which statement is true regarding Check No. - 409?

Business
1 answer:
kakasveta [241]3 years ago
3 0
What are the statements?
You might be interested in
Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $334,000; the partnership
babunello [35]

Answer:

Building= $334,000

Fontaine's capital account= $217,000

Explanation:

From the question above

Fountain company and Monroe company come together to form a partnership.

Fontaine invests a building that has a market value of $334,000

The partnership takes charge for a $117,000 note secured by a mortgage on the building

Monroe invests $92,000 on cash and equipments

The cash and equipments has a market value of $67,000

Therefore the amount recorded for the building is $334,000

The amount recorded for Fontaine's capital account is

= $334,000-$117,000

= $217,000

Hence for the partnership the amounts recorded for the building and fontaine's capital account is $334,000 and $217,000 respectively.

4 0
3 years ago
A deed where the grantor warrants against (and agrees to defend against) title defects and encumbrances that arose after she acq
motikmotik

The answer is a special warranty deed<span>. It is a real estate deed by which the seller only permits or guarantees the title against imperfections in clear title that may have risen during the period of its contract or ownership of the property. The </span>grantor<span> of a special warranty deed does not offer a warranty or guarantee against any defects in clear title that was prior to its ownership. A special warranty deed is an exemption to the more commonly issued general warranty deed.<span> A special warranty deed is really of lower quality, proposing less security or protection against possible defects in clear title than a general warranty deed.</span></span>

7 0
3 years ago
A(n) ________________ is a number of currency units, shares, bushels, pounds, or other units specified in a derivative instrumen
LUCKY_DIMON [66]

Answer: notional

Explanation:

A notional amount also sometimes referred to as the face amount is a number of currency units, shares, bushels, pounds, or other units specified in a derivative instrument.

The effective notional amount had to do with the notional amount that has already been stated and further adjusted when the leverage factor is considered.

4 0
3 years ago
Smokecity, Inc., manufactures barbeque smokers. Based on past experience, smoke city has found that it’s total annual overhead c
Molodets [167]

Answer:

569800

Explanation:

8 0
2 years ago
Suppose the U.S. Treasury announces plans to issue $50 billion of new bonds. Assuming the announcement was not expected, what ef
Sidana [21]

Answer:

Prices would decline and interest rates would rise

Explanation:

This is because the market will be flooded with additional 50 billion dollars of bond increasing the supply causing the price to fall. Interest rate are inversely proportional to prices thus interest rate will rise.

4 0
3 years ago
Other questions:
  • Local optimization is a supply-chain complication best described as: Select one: a. the opposite of the bullwhip effect. b. opti
    14·1 answer
  • If you wanted a new pair of shoes during the Civil War (1861-1865), you traced the outline of your foot on a piece of paper and
    15·2 answers
  • ou are bullish on Telecom stock. The current market price is $30 per share, and you have $3,000 of your own to invest. You borro
    14·1 answer
  • The market value of which of the items would be considered double (or multiple) counting in the calculation of GDP? Indicate the
    8·1 answer
  • During the ________ phase of the product life cycle, the company incurs considerable costs for educating customers, building wid
    9·1 answer
  • Which of the following is the least important in the sales process?
    5·1 answer
  • Charging a license fee for access to a fishery will ... a)              result in no change in total harvest levels. b)         
    12·1 answer
  • What is mainly the effect of including the phrase "A Ballad of the Republic" in the title?
    11·1 answer
  • List the steps in allocating costs to operating departments and preparing departmental income statements, with the first step on
    10·1 answer
  • bart and claire are under contract for claire to buy bart's house, but her financing fell through. they decide to cancel the con
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!