Asales associate received a prospect's binder deposit on tuesday morning. the sales associate turned the binder deposit over to his broker on wednesday morning. the broker has until the end of business on which day to deposit the check into the escrow account?

Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable

Your own record of all your transactions. a. check register b. account statement

What role do business cycles play in a market economy