Financial markets across economies involve various kinds of participants and trade various types of assets and securities. it is important to understand the kinds of markets in which financial transactions take place. you are preparing to take an exam in your finance class, and you've been making flash cards on different markets and transactions. indicate the markets in which each of the following transactions will be traded: mr. and mrs. smith buy a new house in walnut creek, california. they paid the entire amount, $800, 000, in cash. you need gasoline now, so you drive to the gas station and purchase 10 gallons of gasoline. sheila saves $10, 000 and buys a certificate of deposit (cd) that will mature in six months. the state of california issues new bonds to the public with an investment bank serving as the underwriter to raise capital. a hedge fund purchased credit default swaps on securities it did not own because it believed that the securities were likely to default. in this example, the hedge fund is

The selling price of houses would be most likely to decrease if there were first a decrease in which of the following? a. new-housing construction. b. mortgage interest rates. c. the unemployment rate. d. construction workers' wages. 2b2t

Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.

Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?