List one advantage to paying bills automatically
What will be an ideal response?
Answer: Using automatic withdrawals to pay your bills will prevent late payments. However, if you do automate bill payment, make sure you take the time to read your bills–you must know where your money is going, and you must know exactly how much money is being withdrawn.
You might also like to view...
Horizontal differentiation begins when a company adopts a ________ structure.
A. Functional B. Product division C. Matrix D. Global
Which of the following is true regarding incorporation?
a. A corporation must be incorporated in the state in which it has its principal place of business. b. Laws regarding incorporation and the rights and duties of corporations are uniform from state to state. c. Since the mid-1930's, Delaware has been considered the preeminent state for incorporation. d. Incorporation may be done pursuant to common law as well as statute.
Acme Goblets Inc entered into an oral agreement to sell 20,000 hand-crafted bubble glass goblets to Dante's Restaurant. Subsequently, Dante's refused to accept delivery of the goblets. Acme sued the restaurant for breach of contract. Dante's purchasing agent admitted in court that he had contracted for 20,000 goblets. Which statement is correct?
a. The contract is void since it was oral. b. The contract is enforceable since Dante's purchasing agent has admitted the agreement. c. The contract is not enforceable because the parol evidence rule will keep the court from considering the purchasing agent's statement. d. The contract is integrated.
Thomas Inc. had the following stockholders' equity accounts as of January 1, 2018: Preferred stock - $90 par value, nonvoting and nonparticipating; 9% cumulative dividend$2,700,000 Common stock - $25 par value 5,600,000 Retained earnings 14,000,000 ??Kuried Co. acquired all of the voting common stock of Thomas on January 1, 2018, for $20,656,000. The preferred stock remained in the hands of outside parties and had a fair value of $3,060,000. A database valued at $656,000 was recognized and amortized over five years. During 2018, Thomas reported earning $630,000 in net income and paid $504,000 in total cash dividends. Kuried used the equity method to account for this investment.?Prepare all consolidation entries for 2018.
What will be an ideal response?