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Damm [24]
2 years ago
12

The cash used to make change when customers pay for their purchases in cash is an example of the _____ motive for holding cash.

Business
1 answer:
PIT_PIT [208]2 years ago
8 0

It should be noted that the cash that's used to make purchases as illustrated is the transactionary motive of holding money.

A financial transaction simply means an agreement that takes place between the buyer and the seller. It is the exchange of goods or services.

The transactionary motive of holding money simply means holding money in order to meet daily financial needs such as buying goods.

Read more about cash on:

brainly.com/question/25772299

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Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2020 and $178000 at the end of 2019. For t
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Answer: $19000

Explanation:

From the question, we are informed that Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2020 and $178000 at the end of 2019 and that for the year ended December 31, 2020, Vaughn reported bad debt expense of $31000 in its income statement.

The amount that Vaughn debited to the appropriate account in 2020 to write off actual bad debts will be:

= $31000 - ($190000 - $178000)

= $31000 - $12000

= $19000

8 0
3 years ago
Match each situation with the method of government intervention used to rectify it.
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3:Few farmers produce cotton because profits are at the equilibrium price. - </span><span>A:price floor
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5 0
2 years ago
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if business owners want to maximize the value of the company, they should invest in projects that have the .
Komok [63]

Answer:

if business owners want to maximize the value of the company, they should invest in projects that have the greatest value added.

6 0
1 year ago
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Answer:

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4 0
3 years ago
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iren2701 [21]

Answer:

<u>True</u>

Explanation:

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For instance, you would not expect the security level of a company concerning its customers contact information to be the same with the company's operating address, because the latter is less sensitive.

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