Identify each of the following reconciling items as:



a. An addition to the cash balance according to the bank statement


b. A deduction from the cash balance according to the bank statement


c. An addition to the cash balance according to the company's records


d. A deduction from the cash balance according to the company's records



Item Treatment


1. Bank service charges, $75.


2. Check of a customer returned by bank to company because of insufficient funds, $880.


3. Check for $275 incorrectly recorded by the company as $725.


4. Check for $100 incorrectly charged by bank as $1,000.


5. Deposit in transit, $5,550.


6. Outstanding checks, $10,350

Answer:

its a good song i think its touching and yes i have recently felt like that.

Explanation:

Answer:

net income should increase by $38,448

Explanation:

net purchases per day = $11,760

net purchases x 20 days = $11,760 × 20 = $235,200

interest expense = $235,200 × 10%  = $23,520

the gross amount purchased during the 20 day period:  

= (net purchases × 365) ÷ (1 - discount rate)  = ($11,760 × 365 days) ÷ (1 - 0.02)   = $4,292,400 / 98% = $4,380,000

lost discounts = $4,380,000 × 2% = $87,600

the after tax change in net income = ($87,600 - $23,520) × (1 - 40%) = $64,080 × 60% = $38,448

Answer:

You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.

Explanation:

alternative 1, build and sell microwave ovens:

initial outlay = $500,000

net cash flow per year = $225,000 - $200,000 = $25,000

alternative 2, invest in US securities:

investment = $500,000

net cash flow per year = $500,000 x 10% = $50,000

Opportunity costs are the benefits lost or extra costs resulting from choosing one activity or investment over another.

If you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000 = -$25,000.

Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000 = $25,000.

You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.

alternative 1, build and sell microwave ovens:

initial outlay = $500,000

So,

net cash flow per year = $225,000 - $200,000 = $25,000

now

alternative 2, invest in US securities:

investment = $500,000

net cash flow per year = $500,000 x 10% = $50,000

In the case when  you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000

= -$25,000.

Now

Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000

= $25,000.

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Answer:

4

Explanation:

Calculation to determine the current ratio

Using this formula

Current ratio = Current assets / Current liabilities.

Current ratio = 112000 / 28000 = 4

Therefore Current ratio is 4

Answer:

I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear

Explanation:

I took the test

Brainiest???

The Use of videos, audios, and images in the blog will not only make it attractive but also make it credible.

To write a credible and attractive blog we need to use multimedia such as videos, images, link of credible websites. We can also use other elements which can autocorrect grammer mistakes, can easily provide best charts and graphs.

The use of these elements can give a better outlook to our blog, and also create a sense of trust and credible information.

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Answer:

tax

Explanation:

the tax is a national practise carried all over the country

Answer:

D. any of these

Explanation:

Competitive strategy means intentionally selecting a distinct set of tasks to produce a compelling value proposition.  Michael Porter focused on the topic of international competition. He consulted international governments on their economic strategies and led the U.S. Presidential Commission. Porter's strategies explain how a business upholds competitive advantages across the whole concerned market context.

Answer: Ph 1,677.00

Explanation:

Judging by the structure of this question, I believe this is an addition problem.

Add the numbers using the method in the picture:

      897.00

   +  780.00

    1,677.00

= Ph 1,677.00

The commercial airline industry is considered an oligopoly market.

The commercial airline industry is characterized by a small number of large firms that dominate the market. These firms have significant control over prices and compete with each other for market share. The barriers to entry in this industry are high, including substantial capital requirements and regulatory hurdles.

Additionally, airlines often engage in strategic behavior such as route selection, pricing strategies, and alliances, indicating interdependence among competitors. All these characteristics align with the definition of an oligopoly market structure.

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The effect that the newly installed air conditioning system would have on the property's effective age would be: it decreases it.

The effective age of a property can be described as the reflection of the true life of the property that is left remaining, based on the life expectancy that is typical of equipment or buildings that are similar to it and their usage.

So, when a property owner installs a new air conditioning system on a property, the air conditioning system, can cause wear and tear to the property which reduces how long the property can serve its purpose.

Therefore, we can conclude that the effect that the newly installed air conditioning system would have on the property's effective age would be: it decreases it.

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In this scenario, it appears that taking the $80,000 today and investing it at a 5% annual rate of return would be the better choice, as it would result in a higher total amount of money in 12 years than waiting to receive the $400,000.

This is a great question! In order to determine which option is better, we need to do some calculations based on the assumption that you can earn a certain percentage of your money.

Let's assume that you can earn an average annual rate of return of 5% on your money over the next 12 years.

If you were to take the $80,000 today and invest it at a 5% annual rate of return, it would grow to approximately $164,867 in 12 years.

So, if you took the $80,000 today, you would end up with a total of $164,867 in 12 years.

On the other hand, if you were to wait 12 years and take the $400,000, you would not have earned any interest on that money during the 12-year period.

So, in this scenario, it appears that taking the $80,000 today and investing it at a 5% annual rate of return would be the better choice, as it would result in a higher total amount of money in 12 years than waiting to receive the $400,000.

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The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]

we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]

where P = the principal,

r = the interest rate per month, and

n = the total number of months.

We will calculate the values of P, r, and n using the information provided in the problem statement:

Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040

Principal = $567,000 − $68,040 = $498,960

Interest rate per year = 7.97%

Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:

Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:

Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]

Monthly payment = $3,667.63.

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John and Mary’s budget and balance sheet are essential components of their financial planning. It is crucial to create and maintain a budget and balance sheet to ensure that one is living within their means and achieving their financial goals. In this case study, John and Mary are a married couple with a combined income of $90,000 per year.

Their expenses include rent, groceries, utilities, transportation, and other miscellaneous expenses. John and Mary's budget has a few key assumptions. First, they assume that they will continue to earn a combined income of $90,000 per year. They also assume that they will save 20% of their income for emergencies and future goals.

In conclusion, creating and maintaining a budget and balance sheet is essential for achieving financial goals. By tracking income and expenses and calculating net worth, John and Mary can make informed decisions about their spending and saving.

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Sanjaya is responsible for overseeing bill payments and the collection of money owed by customers . Sanjaya is most likely a  Financial Manager

A financial manager is someone who oversees the financial health of an organization and helps ensure financial sustainability. She oversees many key functions such as monitoring cash flow, controlling expenses, producing accurate financial data, and winning strategies. The Finance Manager is responsible for the financial health of the organization. They prepare financial reports, direct investment activities, and develop plans for the organization's long-term financial goals.

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The amount of direct materials charged to Job No. 5 is $1,600.

First, we need to determine the total cost of Job No. 5 by adding together the direct labor cost and the overhead cost applied. To calculate the overhead cost applied, we multiply the direct labor cost by the predetermined rate of 80%, which is 0.8 in decimal form.

Overhead cost applied = Direct labor cost x Predetermined rate
Overhead cost applied = $2,000 x 0.8
Overhead cost applied = $1,600

Total cost of Job No. 5 = Direct labor cost + Overhead cost applied
Total cost of Job No. 5 = $2,000 + $1,600
Total cost of Job No. 5 = $3,600

Next, we need to subtract the cost of direct labor from the total cost of Job No. 5 to determine the amount of direct materials charged.

Direct materials charged = Total cost of Job No. 5 - Direct labor cost
Direct materials charged = $3,600 - $2,000
Direct materials charged = $1,600

Therefore, the amount of direct materials charged to Job No. 5 is $1,600.

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round answers to the nearest dollar. a. $120,000 received 10 years hence if the annual interest rate is 45,227.

Annual percent charge (APR) refers to the yearly hobby generated through a sum it is charged to borrowers or paid to investors. APR is expressed as a percentage that represents the real every year fee of the budget over the time period of a mortgage or earnings earned on funding.

The time period annual percent charge of price, corresponding on occasion to a nominal APR and from time to time to a powerful APR, is the hobby price for an entire yr, instead of only a monthly charge/rate, as applied on a mortgage, loan mortgage, credit score card, and many others. it's miles a finance fee expressed as an annual fee.

the annual interest charge, now and again called the standard annual interest rate or base price is the share price you commonly see first while comparing economic products. it's the basic interest that you'll pay on your loan or earn in your savings account without taking compounding or costs into consideration.

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A structured methodology is process-oriented and develops in a step-by-step technique, with each step building on the previous one. The correct answer is D. structured.

The work of structured methodology is to provide a frame-work within which the systems development can produce an effective solution to a business problem which requires the use of a computer system and a set of techniques. Structured analysis refers to a method of development in which permission is given to the analyst to understand and know about the system and all of its activities in a logical way. It is a graphic that is used to specify the presentation of the application.

Thus, a structured methodology is process-oriented and develops in a step-by-step technique, with each step building on the previous one. The correct answer is option D.

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Answer:

C

Explanation:

Answer:

1,950

Explanation:

The correct option is D) All of the above. Anita is interested in new technology that can make the processes at her business run more smoothly. To assist her in learning about new technologies, she can use online forums, workshops, and classes.

Anita is looking for resources that can help her learn about new technologies, which can make her business processes run more smoothly. Some of the resources that can help her in this regard include classes, online forums, and workshops.

· Classes: There are many classes available that teach people about new technologies. These classes can be attended either online or offline.

· Online forums: Online forums can also be a great resource to learn about new technologies. Many people share their experiences and insights on these forums.

· Workshops: Workshops are another resource that can help people learn about new technologies. They can provide a hands-on learning experience that can be very helpful.

Thus, all of these resources can be used to assist Anita in learning about new technologies that can make the processes at her business run more smoothly.

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The four scaling strategies for big numbers could Shaniqua use to help her audience understand the size of u.s. military expenditures are Technical economies of scale, purchasing economies of scale, internal economy of scale, and Financial economies of scale.

Economies of scale are a cost savings strategies that a company can harvest as a result of efficient production processes.

The scaling technique is a method of placing responders in continuation of gradual alteration in the pre-assigned values, signals, or numbers based on the characteristics of a particular physical object as per the defined regulations. All the scaling techniques are based on four pillars, i.e., order, description, distance, and origin.

Therefore, Technical economies of scale, purchasing economies of scale, internal economies of scale, and Financial economies of scale are economies of scale strategies.

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Answer:

Whats a lawyers favorite suit...

A lawsuit

Explanation:

The journal entry for Brandy corporation is Debit Cash $10,000 ;Credit Common Stock D $8,000; Credit Other Comprehensive Income $2,000.

A security which symbolises ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules in the organisation. Long-term return rates are often higher with this type of stock ownership.

Net income and unrealized income, such as unrealized profits or losses on financial instruments used are included in comprehensive income. It offers a comprehensive understanding of a company's earnings that the income statement cannot fully convey.

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Standard quantity of direct materials × standard price of direct materials is the calculation to compute the standard cost of direct materials.

Direct materials means a material used for manufacturing and forming a major portion of a product. A cost is predetermined for the direct material i.e. Standard Cost for Direct Material. The following are the three important standards fixed for direct material: quality standard, quantity standard and price standard.

Standard cost is an estimated cost determined by the company for the production of goods and services or operating under normal circumstances.

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a. The category for "Interviewing the client's payroll manager to understand the process of bi-weekly payroll processing" is **Inquiry**. This procedure involves directly questioning relevant personnel to obtain information about a specific process or activity.

b. The category for "Sending a written request to a client's bank regarding cash balances and loans held at the bank" is **Confirmation**. This procedure involves obtaining written responses directly from third parties, such as banks, to confirm specific financial information.

c. The category for "Verifying that the accounts payable subsidiary ledger reconciles with the total in the general ledger" is **Reconciliation**. This procedure involves comparing and ensuring that two sets of records, in this case, the accounts payable subsidiary ledger and the general ledger, are in agreement.

d. The category for "Using a drone to capture video of a company's large factory facility, including machinery and equipment used in operations" is **Observation**. This procedure involves visually inspecting physical assets or activities to gather evidence.

e. The category for "Watching via a teleconferencing platform, a client's employees count inventory at the end of the month" is **Observation**. This procedure involves directly observing a specific activity, in this case, the inventory count, to gather evidence.

Therefore, the categories for the audit procedures are as follows:

a. Inquiry

b. Confirmation

c. Reconciliation

d. Observation

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Answer:

markeing

Explanation:

communication skills, credentials, honesty

Distribution channels refer to the various channels through which products can reach consumers. Distribution channels can be direct or indirect, but they all serve the same function of transporting products from the manufacturer to the end-user. Here are some possible channels of distribution from a manufacturer to a customer:

1. Direct Distribution Channel: This channel is when a manufacturer sells directly to customers without using intermediaries. It is the simplest distribution channel and involves the shortest chain of distribution.

2. Indirect Distribution Channel: In an indirect distribution channel, intermediaries are involved in getting the manufacturer’s products to customers.

3. Dual Distribution Channel: In this channel, a manufacturer will sell their products through direct and indirect channels simultaneously. This channel offers a manufacturer the best of both worlds, reaching more customers through intermediaries and getting more control through direct sales.

4. Reverse Distribution Channel Reverse distribution is the process of moving goods from the end-user back to the manufacturer or distributor.

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It would take 95 days for Kaleb to get his desired APR.

Since Kaleb wants to get a payday loan in the amount of $ 375, and he is hoping to find one that has an APR of 40%, if Kaleb finds a business that charges a fee of $ 37 for the loan, to determine what the term of the loan need to be in order for Kaleb to get his desired APR, the following calculation must be performed:

Therefore, it would take 95 days for Kaleb to get his desired APR.

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The answer is Cadbury chocolates, it was company which  produced the first heart-shaped box of chocolates.

A sort of business organization known as a company is a legal entity distinct from its owners. Due to additional reporting requirements and higher-level legal obligations, it is a complex corporate structure with greater setup and administrative costs.

A firm can also be referred to as a "business." It is a general term that refers to all different kinds of business companies. Having said that, enterprises include fundamental entities that, in contrast to companies, aren't regarded as distinct legal entities. For instance, a sole proprietorship is not a distinct legal entity.

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Based on this information, the firm should hire 150 units of labor.

To determine the optimal quantity of labor that the firm should hire, we need to use the concept of marginal product of labor (MPL) and marginal cost of labor (MCL).

1. Calculate the MPL:
The MPL measures the additional output produced by each additional unit of labor. In this case, the MPL is given by the ratio of the change in output to the change in labor. Since the rental rate of capital is $50 and the price per unit of output is $100, the MPL can be calculated as MPL = (100 - 50) / 20 = 2.

2. Calculate the MCL:
The MCL represents the additional cost incurred by hiring one additional unit of labor. In this case, the MCL is equal to the hourly wage, which is $20.

3. Determine the optimal quantity of labor:
To find the optimal quantity of labor, we need to equate MPL with MCL. In this case, the optimal quantity of labor is when MPL = MCL, so 2 = 20.

Therefore, based on this information, the firm should hire 150 units of labor.

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