National banks are ______________ banks chartered by the Office of the Comptroller of the Currency

Chopra, Limited, is an Indian company operating in New York state. It offers stylized, boutique public relations services to upscale retailers in quaint New England towns. A major source of revenue is a weekly newsletter that reports on current and projected tourist travel and spending patterns. Preparation of the newsletter requires study and analysis of weather conditions, economic activity,

and travel costs. It is available at an annual subscription rate of $299.99. There are currently 190 subscribers. Preparation and distribution of the newsletter costs $12,000 annually. The value of information to subscribers is A) $236.83. B) $44,998.10. C) less than $63.16. D) at least $300.00.

Which of the following transactions requires a journal entry?

A) The bank charged $50 for a stop payment on a check. B) The bank deducted $50 from your account in error. C) The bank collected a note receivable with interest on your behalf. D) A and C