The statement is true.
In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per the company's records because the excess amount would be reduced from the bank balance in the company's records, So the company books are not correct. To make them correct the excess amount should be added back to the balance as per the company's records.
For example, if the check amount was 500 but the company recorded it as $550. Then means that the company records show $50 less compared to the bank statement. Therefore, that $50 is added back and then it comes equal to the bank statement balance.
When a note is written to settle open account an entry that converts the accounts receivable account to a note receivable account is required. This entry is required because when the note is written to settle accounts the company has to receive notes in the future and the amount of the account.
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In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per company's records.
TRUE
FALSE
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Answer: The correct answer is "c. Cost effectiveness".
Explanation: This type of analysis is the most used in the field of health where it is inappropriate to monetize the effect on health and will allow the company to compare costs related to the results of different courses of action.
Answer and Explanation:
The challenges that occurs is as follows;
1. Adaption of an outside atmosphere
2. Language related problem
3. Every person have different kind of understanding skills that is difficult also it must be adopted for explaining the project to the other people
So as per the given statement, the above represent the challenges that arise in the case when the project manager shifted to a foreign country for managing a project of 5 years
<span>When current real output exceeds potential real output, the federal reserve will increase interest rates in an effort to fight inflation.
Fed stands for federal reserve system and it refers to the </span>central banking system of the United States, which was created on December 23, 1913.<span> There are twelve regional banks that are included in the Federal Reserve System.</span>
