brokerage house
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)
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.
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.
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.
yes
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.
The initial document in any international transaction; it details the specifics of the sales agreement between the buyer and seller. ...
Primary markets are where investors present their initial IPOs. The secondary market is where consumers are able to purchase stocks.
There are a number of retailers that sell initial pendants. One can purchase them from retailers such as 'Etsy', 'Amazon', 'Polyvore' or 'Max & Chloe'.
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.
paid up. Or in some cases could be a conversion.
This is a transaction whereby you first pay rent and if you decide to buy it, then the amount you paid in rent goes toward the purchase price. This is kind of like a mortgage but minus the initial down paymentA rent to buy scheme is where someone pretends to let you rent their house to buy, but they have no intention of actually allowing you to own it in the end.