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What else can I help you with?
Is an initial public offering an example of a primary or secondary market transaction?
I believe, it is a primary market transaction. A secondary market transaction requires an intermediary between the initial seller and the buyer. Which is not the case in a initial public offering. ( It s always better to verify with an economic teacher)
Are companies expected to provide order fulfillment?
An initial inquiry made to a company results in the purchase of a product; the expectation of the consumer is that the product will be delivered. This is considered a point of sale transaction, which is no different than a face-to-face transactionis. Yes.
What is the Journal entry for purchase of asset with proceeds of bank loan?
If you borrow the money and the bank pays the amount directly to the company (or person) in which you are buying the asset the from, depending on the asset the following entries will be made Debit the related asset account and credit either accounts or notes payable. This transaction will NOT affect cash, as your books never see an actual transaction in the cash account. The best example I can think to show this is the purchase of a vehicle for your business. Say you purchase the vehicle for $25,000 and the bank finances this amount. Equipment - Vehicle (db) $25,000 Notes Payable (cr) $25,000 After reading the question again, I thought I should add this. Since the question is worded "proceeds of a bank loan" it implies that the company/person has already taken out the loan and has it recorded on the books. If this is the case then the cash is already received from the bank and therefore the transaction would be listed as a cash purchase. The initial recording of the loan would be a debit to cash and a credit to notes payable (note that NO interest would be recorded in the initial transaction as no interest would have accrued on the first day of the loan.) Any purchase made after this time would be recorded as a cash purchase.
What is the down payment?
Down payment (or downpayment) is a payment (Paid on the Ground) used in the context of the purchase of expensive items such as a car and a house, whereby payment is the initial upfront portion of the total amount due and it is usually given in cash at the time of finalizing the transaction.
Can you get charged more for shipping after you make an initial purchase?
yes
What is export sales contract?
The initial document in any international transaction; it details the specifics of the sales agreement between the buyer and seller. ...
What is the initial location of Marshall Fields department store?
The initial location of Marshall Fields department store is in Chicago, in Illinois. The Marshall Fields department store was later acquired by Macys in 2005.
Where can one find an initial pendant?
There are a number of retailers that sell initial pendants. One can purchase them from retailers such as 'Etsy', 'Amazon', 'Polyvore' or 'Max & Chloe'.
Where can one purchase initial rings?
There are numerous stores online and offline where you can purchase initial rings. You can find them online and in-store at places like JCPenney and Sears.
What is the word for recording transaction in a chronological order in accounting?
The word for recording transactions in chronological order in accounting is "journalizing." This process involves entering each financial transaction into a journal, which serves as the initial record before posting to the general ledger. Journal entries typically include the date, accounts affected, amounts, and a brief description of the transaction.
How did AOL determine the initial amount of goodwill to recognize in its merger with Time Warner?
purchase method
Which printers has the lowest initial purchase price?
All of them, since none has any visible price.
