Which account would normally not require an adjusting entry?
A) Wages Expense
B) Accounts Receivable
C) Accumulated Depreciation
D) Smith, Capital
D
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All of the following payroll taxes are levied against the employer except
A) FICA taxes. B) federal unemployment taxes. C) state unemployment taxes. D) federal income taxes withheld.
What is the effect on (1) demand deposits, (2) required reserves, and (3) excess reserves of banks given the following transactions? a. The general public transfers funds from savings accounts checking accounts. b. Corporations borrow from commercial banks. c. State and local governments issue debt securities that are purchased by commercial banks. d. Homeowners borrow from commercial banks to finance home improvements. (Are there any differences on the expansion of the money supply in questions (b), (c), and (d)?) e. A bank in California with excess reserves lends these funds through the federal funds market to a bank in Maine that has insufficient reserves. f. Corporations issue short?term securities that are purchased by the general public. g. Corporations retire (i.e., pay off)
loans from commercial banks. h. The Federal Reserve buys Treasury bills that are sold by the general public. i. The Federal Reserve raises the discount rate, and banks retire debt owed the Federal Reserve. j. The Federal Reserve raises the reserve requirement on demand deposits. k. The Treasury borrows from the banks to finance payments. l. The federal government runs a deficit and borrows the funds from the general public. m. The federal government runs a deficit and borrows the funds from the Federal Reserve. What will be an ideal response?
The NAME attribute in the MAP element is necessary because
(a) it allows the AREA elements to reference the image. (b) it restricts the map to one image. (c) it enables the image map to load the image. (d) its value is used to reference the image map so that it can be applied to the image.
A meridian
A. runs north and south. C. is sometimes called a Prime. B. was established in 1785. Meridian. D. all of the above.