Which of the following statements about option contracts is not correct?
A) The option writer has the right to exercise the option.
B) Option contracts can create a legal right to buy or sell a financial asset.
C) The option holder has the right to exercise the option.
D) All of the above are correct.
A
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The following information is available for Jade Company for the month ending June 30, 2017
" ¢ Balance as per the bank statement is $12,000. " ¢ Balance as per books is $10,300 • Check #506 for $1,200 and check #510 for $800 were not shown on the June 30, bank statement. • A deposit in transit of $3,000 had not been received by the bank when the bank statement was generated. • A bank debit memo indicated an NSF check for $100 written by Jane Smith to Jade Company on June 13. • A bank credit memo indicated a note collected by the bank of $2,100 and interest revenue of $51 on June 20. • The bank statement indicated service charges of $30. What is the adjusted book balance? A) $12,351 B) $12,321 C) $8,351 D) $8,300
A normal size section in the Government Rectangular Survey System contains
A. 1 square mile B. 36 square mile C. 6 square mile D. 160 acres