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3 years ago

Choose the circumstances in which a debit card can be used. I. Point-of-sales transactions II. ATM withdrawals

Business

1 answer:

natulia [17]3 years ago

5 0

Answer:

The correct options are I and II

Explanation:

A debit card is the kind of payment card, which deducts the money directly or straight away from the checking account of the customer in order to pay for the purchase.

These cards also referred to as the check cards, which offer the person , the convenience of the credit cards as well as many of the customer protections. So, it could be used when the person involve in withdrawal of money from ATM and at point of sale, where the transaction is finalized and the customer tenders the payment in exchange of the service or good.

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Roberto Designers was organized on January 1, 2021. The firm was authorized to issue 100,000 shares of $6 par value common stock

DedPeter [7]

Answer:

The total stockholders' equity at the end of 2021 is $271,500

Explanation:

In order to calculate the total stockholders' equity at the end of 2021 we would have to use the following formula:

Stockholders' equity=Common stock+ Paid-in capital in excess of par+ Net income-Dividends- Treasury stock

Common stock= ( 10,000*$6 + 20,000*$6 ) = $180,000

Paid-in capital in excess of par=(10,000*($8-$6) + 20,000*($9-$6)=$ 80,000 Treasury stock= ( 3,500 * $11 )=$38,500

Therefore, Stockholders' equity= $180,000+$ 80,000 + $100,000-$ 50,000 - $38,500

Stockholders' equity= $271,500

The total stockholders' equity at the end of 2021 is $271,500

6 0

3 years ago

The annual percentage yield (apy) is the

tia_tia [17]

Annual interest rate that factors in compounding effects.

Formula: APY = ( 1 + APR/n )^n - 1

4 0

3 years ago

Read 2 more answers

Assume you have a business that provides products to older people. Looking ahead, you have reason to expect ________Assume you h

butalik [34]

Answer:

increasing sales, because your target population is increasing in size.

Explanation:

There will definitely be a bright future in the business because the targeted population which happens to be the elderly ones keeps increasing in size, hence, there will be increase in sales and in turn there will be increase in turnover which is a good thing for the business.

6 0

2 years ago

Which financial conflict of interest information must be made available by institutions on a public website or within five busin

Virty [35]

Answer:

The financial conflicts of interest which is available is of key or senior personnel on projects of the PHS-funded.

Explanation:

Financial conflicts of interest are present when the Significant Financial Interest affect directly or could affect, the professional judgement of the researcher when reporting, designing or conducting research.

Therefore, the information that could be provided or available by the institutions on the public websites or within the 5 days upon requesting is the senior or the key personnel PHS funded (which grants and the cooperative agreements funded by the PHS awarding) projects.

6 0

3 years ago

Transactions/events: 1. Acquired $25,000 from the issue of common stock. 2. Purchased $2,500 of supplies on account from the Gad

shepuryov [24]

Answer:

I guess that you need the journal entries:

1. Acquired $25,000 from the issue of common stock.

Dr Cash 25,000

Cr Common stock 25,000

2. Purchased $2,500 of supplies on account from the Gadget Supply Agency.

Dr Supplies 2,500

Cr Accounts payable 2,500

3. Performed security services at local sporting events during the year for $8,000 cash.

Dr Cash 8,000

Cr Service revenue 8,000

4. Paid salaries expense of $3,000 for the year.

Dr Salaries expense 3,000

Cr Cash 3,000

5. Purchased land, paying $10,000 cash.

Dr Land 10,000

Cr Cash 10,000

6. Paid utility expenses of $2,000 for the year.

Dr Utilities expense 2,000

Cr Cash 2,000

7. Paid a cash dividend of $1,500 to the shareholders.

Dr Dividends 1,500

Cr Cash 1,500

8. Found out from an appraiser that the market value of the land on 12/31 was $12,500.

NO JOURNAL ENTRY

7 0

3 years ago