Business, 31.01.2020 02:50 franklinkaylieg1145
After saving money in her piggy bank for three years, beverly decided to deposit $5,000 of the money in the millertown bank. if the bank were fully loaned out and the reserve requirement was 20%, the amount the bank can create is:
it's supposed to be 20,
Answers: 1
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Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work
Answers: 3
Business, 22.06.2019 08:40
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
Answers: 3
Business, 22.06.2019 20:30
Identify the level of the literature hierarchy for u.s. gaap to which each item belongs
Answers: 1
After saving money in her piggy bank for three years, beverly decided to deposit $5,000 of the money...
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