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1 year ago

What are the four instruments of exchange

Business

1 answer:

kherson [118]1 year ago

4 0

Answer:

BILL OF EXCHANGE. A payment method used in international trade that allows for a period of credit.

CHEQUE. A written instruction to a bank to transfer a certain sum to the account of the payee.

MONEY ORDER. ...

BANK DRAFT. ...

DEBIT CARD. ...

CREDIT CARD. ...

ELECTRONIC FUNDS TRANSFER. ...

DOCUMENTARY CREDIT.

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You open up too easily

Explanation:

Keep your guard up and stop trusting everyone on brainly

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In May of 2021, Raymond Financial Services became involved in a penalty dispute with the EPA. At December 31, 2021, the environm

Naily [24]

Answer:

$914,000

Explanation:

Based on the information given we were told that Raymond accepted an EPA which is fully known as Environmental Protection Agency settlement offer of the amount of $914,000 which means that the amount that Raymond should have reported as the ACCRUED LIABILITY on its December 31, 2021, balance sheet should have been EPA settlement offer of the amount of $914,000.

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2 years ago

On December 30, 2005, Bart, Inc. purchased a machine from Fell Corp. in exchange for a non-interest bearing note requiring eight

Darya [45]

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2 years ago

The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate

Bezzdna [24]

Answer:

Option B is the correct answer,1.05

Explanation:

Present value index can be computed using the below formula:

present value index=present value of cash inflows/initial amount invested

present value of cash inflows=annual net cash flow*present value factor of annuity

annual net cash flow=$93,750

present value factor of annuity=4.212

present value of cash inflows=$93,750*4.212=$394,875.00

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present value index=$394,875.00/$375,000 =1.053

The present value index of this project is approximately 1.05,which is the option B in the multiple choices

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3 years ago

When the production process is complete in process costing, the completed goods and the accumulated costs are transferred across

alukav5142 [94]

Answer:

A debit to the Finished Goods Inventory account and a credit to the Work in Process account for the final department in the series of process

Explanation:

In the case when the process related to the production is finished so the completed goods and accumulated profits could be transferred

So, the following should be the journal entry

Finished goods inventory XXXXX

To Work in Process Inventory - Final dept XXXXX

(Being the production process is completed recorded)

Here the finished goods is debited as it increased the assets and credited the work in process as it decreased the assets

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3 years ago