Which of the following has a fixed maturity date?
A) bonds
B) stocks
C) cumulative preferred stock
D) participating preferred stock
A
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Answer the following statement(s) true (T) or false (F)
1. The purpose of a commercial bank is to make a profit. 2. Commercial banks are the only legal system that can accept deposits from customers and provide them a checking account. 3. Mutual savings banks are depositor-owned, and are primarily concentrated in the New England states, New York, and New Jersey. 4. Only institutions that provide banking services qualify as financial institutions. 5. Insurance companies, pension funds, large brokerage houses, and consumer finance companies are all classified as nonbanking financial institutions because they act as sources and users of funds.
Scienterclearly exists if a party knows a fact is not as stated
Indicate whether the statement is true or false
Can someone get into law school with a felony on her record?
What will be an ideal response?
A company established a petty cash fund in April of the current year and experienced the following transactions affecting the fund during April. Prepare journal entries to establish the fund on April 1, to replenish it on April 25, and to record the increase in the fund on April 25.April 1Prepared a company check for $300.00 to establish the petty cash fund.25Prepared a company check to replenish the fund for the following expenditures made since April 1.? Paid $84.50 for cleaning services.? Paid $84.00 for postage expense.? Paid $103.15 for office supplies.? Counted $23.35 remaining in the petty cash box.25The company decides to increase the fund by $100.
What will be an ideal response?