In the circular flow of funds, what is the role of banks?

On January 1, 2018, Gundy Enterprises purchases an office for $360,000, paying $60,000 down and borrowing the remaining $300,000, signing a 7%, 10-year mortgage. Installment payments of $3,483.

Is a salary increase, usually permanent, given because of an individual's past performance?

The chart of accounts for the Miguel Company includes the following: Account Name Account Number Cash 11 Accounts Receivable 13 Prepaid Insurance 15 Accounts Payable 21 Unearned Revenue 24 Common Stock 31 Dividends 32 Fees Earned 41 Salaries Expense

Jiminez, Inc., had the following transactions during the month of March 2015. Prepare an income statement based on this information, being careful to include only those items that should appear in that financial statement. 1.

When workers are a part of a team their compensation should be?

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,900 uncollectible account of its customer, A. Hopkins.

How is a gas different from a solid or a liquid? A. A gas is made of tiny particles. B. A gas has volume. C. A gas expands to fill the container. D. A gas has density. TY

A business firm's interaction with the environment is a characteristic of an open system true or false

Reynaldo has purchased a home with an assessed value of $195,000. The property tax rate in his area is 1.9%. What is his monthly tax payment?

Prior to the write off of a $500 customer account, Athena Company had the following account balances: Accounts receivable $19,600 Allowance for doubtful accounts 1,000 The net realizable value of the Accounts Receivable before and after the