PROBLEM RECOGNITION TASK Determine the maximum deposit insurance coverage by PDIC in the following items. 3. Jessa Manucdoc has the following deposit accounts in a closed bank: Jessa Manucdoc’s modeling business (sole proprietorship) P300,000 Jessa Manucdoc P400,000 Jessa Manucdoc and Elmira Gersaniva P900,000 Jessa Manucdoc and Francia Cabezudo P500,000 What is the maximum deposit insurance coverage as far as Jessa is concerned?

PROBLEM RECOGNITION TASK Determine the maximum deposit insurance coverage by PDIC in the following items. 3. Jessa Manucdoc has the following deposit accounts in a closed bank: Jessa Manucdoc’s modeling business (sole proprietorship) P300,000 Jessa Manucdoc P400,000 Jessa Manucdoc and Elmira Gersaniva P900,000 Jessa Manucdoc and Francia Cabezudo P500,000 What is the maximum deposit insurance coverage as far as Jessa is concerned?

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter6: Using Credit

Section: Chapter Questions

Problem 4FPE

See similar textbooks

Similar questions

PROBLEM RECOGNITION TASK Determine the maximum deposit insurance coverage by PDIC in the following items. 4. Cristian Punzalan has the following deposit accounts in a closed bank: Cristian Punzalan’s business (sole proprietorship) P300,000 Cristian Punzalan P100,000 Cristian Punzalan and Christian Nilo P300,000 Cristian Punzalan and Nestor Tulang and Jerone Gatdula and Emman Rivera P600,000 What is the maximum deposit insurance coverage as far as Cristian is concerned?
PROBLEM RECOGNITION TASK Determine the maximum deposit insurance coverage by PDIC in the following items. 2. Janard Lindio has the following deposit accounts in a closed bank: Janard Lindio and Clifford Agustin P600,000 Janard Lindio and Anthony Agarin P800,000 Janard Lindio and Patrick Reyes P900,000 What is the maximum deposit insurance coverage as far as Janard is concerned?
In your opinion, do the following Bank Products fall into a Routine, Limited or Extensive product category. Explain your choice (a) Mortgage Loan (b) Credit Card (c) Travel Insurance Eartha anthar neare ALT₂C10/DC ALTEN+F10 (Mac)
Direction: Match the following bank accounts to its usage or description listed below. Write your answer on the blank before the number. Choose from the following Savings Account Current Account Time Deposit UITF _________________1. The simplest form of bank account. _________________2. A bank account which cannot be withdrawn until the contract period has ended. _________________3. It is a type of bank account that pooled funds managed by experts to ensure high yield and quality returns. _________________4. It allows a limited number of withdrawals only. _________________5. It makes saving very rewarding. _________________6. It allows numerous withdrawals with a large sum of money. _________________7. The investors earn through the increase in fair value of the pooled fund. _________________8. The investors earn through interest while saving. _________________9. This bank account comes with atm or passbook. ________________10. This is evidence by a…
Prepare a service blueprint for each of these banking transactions: Make a savings deposit using a teller. Apply for a home equity loan.
Where should you go to set up a new bank feed or link to a bank account in a client's QuickBooks Online company? A. Expenses Center B. Accounting Center C. Sales Center D. Banking Center
6 When preparing a bank deposit which of the following is a best practice? Select one: a. Deposit all customer payments one at a time using the Bank Deposit form b. Group all customer payments with the same payment method together in one deposit c. Leave payments in the undeposited funds account d. Group customer payments with the payment method of checks and credit card payments in one deposit and group all the cash payment methods in a separate deposit
A ____ is an interest-bearing checking account. Group of answer choices NOW account certificate of deposit Treasury bill regular checking account Series EE US savings bond
Cy Walker invests $20,000 of his personal savings into Mookie the Beagle Concierge. MTB Concierge needs to record the deposit using QBO. Required: 1. Record the Deposit. a. Select (+) New icon > Bank Deposit b. Select Account: 1001 Checking c. Select Payment Date: 01/01/2023 d. In the Add Funds to This Deposit section, select Account: 3003 Owner's Investment e. Select Payment Method: Check f. Enter Reference Number: 5001 g. Enter Amount: 20000.00 h. What type of account is Owner's Investment? i. Select Save and close h. Type of account
7) When recording a customer credit card payment on account using QuickBooks, select:A) Create Invoice > Customer Payment > Customer & Job NameB) Create Sales Receipt > Record DepositsC) Receive Payment > Select Customer & Job Name > Select Payment Method and enter credit card informationD) Make Deposit > Select Customer & Job Name > Select Payment Method and enter credit card information Group of answer choices A B C D
A. I am really struggling with figuring out how to correctly make a bank deposit in QuickBooks online, I tried to deposit 50.00 into my account and in my history for my bank account it shows a deposit for 50.00 but also a payment for 50.00 to the client who was making the deposit. Could someone please explain to me how to correctly do a deposit to my bank account from a client in QuickBooks online?
The bill of exchange written by W states that BPI Family Savings Bank will get the reimbursement of the payment from W’s savings account. What element is present in this situation? A. There is an unconditional order to pay. B. There is period to pay the bill. C. It is payable to order D. None of the above The bill of exchange written by X indicates that for the payee to receive the money from the drawee bank, the payee must first sell his house and car and give the proceeds to charity. What element is present in this situation? A. There is an unconditional order to pay. B. There is period to pay the bill. C. It is payable to order D. None of the above