Jill's credit card was stolen. The thief charged a $500 kayak before she reported it stolen. How much of the thief's purchase is Jill responsible for? A. $0 B. $100 C. $500 D. $50
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46. Jill's credit card was stolen. The thief charged a $500 kayak before she
reported it stolen. How much of the thief's purchase is Jill responsible for?
A. $0
B. $100
C. $500
D. $50
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- Exposure from stolen ATM card. Suppose someone stole $1,000 dollars from your checking account. How much money could you lose if you reported the card to the bank the day it was stolen, 6 days later, and after you receive your periodic statement?Helen was a very forgetful person, so she had placed her bank code (PIN number) on the back of her debit card. A thief stole Helen’s card and was able to take $100 from an ATM on the day of the theft. That same day, Helen realized that the card was gone and phoned her bank. The following morning, the thief withdrew another $100. For how much, if anything, is Helen responsible? Why?Suppose that someone stole your ATM card and withdrew $1,000 from your checking account. How much money could you lose (according to federal legislation) if you reported the stolen card to the bank:
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- Mr. Khalid has a current account in a bank with a credit balance of RO 97,000. He has withdrawn cash of RO 1,000 through ATM machine and paid RO 24,400 to his creditor by cheque. After these transactions his current account balance will be: a. RO 71,600 b. RO 51,600 c. RO 71,400 d. RO 21,600V1801 January Kirill introduced $17,000 cash and a vehicle (costing $2,000) as capital01 January Purchased a machine by cash, $1,80001 January Received a bank loan principal $2,10002 January Purchased furniture on credit, $2,00017 January Invoiced a customer for services, $1,90021 January Bought goods for cash, $1,40022 January Sold goods on credit, $2,50031 January Accrued wages, $80031 January Paid interest expense, $10Cost of goods available at 31 January is $110, their market value is $140.RequiredPrepare:(iv) a statement of profit or loss (income statement) for the year to date;(v) a statement of financial position (balance sheet).12-Mr. Amjad is an Account Assistant of a Merchandise Company in Oman. The business paid cash to Mr. Ahmed for OMR 4,000 was posted to Mr. Mohammed for OMR 4,000. Which of the following type of error was committed by Mr. Amjad ? a. Errors of Commission b. Error of Compensation c. Errors of Principle d. Errors of Complete Omission
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