Bank balance and check book balance should always be the same but in case if there is some differences, it might be possible that certain amount is not recorded or missed either by bank or check book balance, hence the books should be reconciled.
The reconcile statement above should be:
Balance as per bank statement:
Add: Deposits in transit:
Less: Outstanding checks recorded in check book and not recorded in bank book.
Reconcile balance in the books of bank.
The image attached shows the reconciliation .
Balance as per cash book:
Less: Service charge deducted by bank but not recorded in check book
Add: Interest earned not recorded in check book
Reconcile Balance as per cash book.
The image is attached.
Answer: b. good B; good A
Explanation:
According to the Heckscher-Ohlin model, a country should export the good that is has a relative abundance in and import the good it has relative scarcity in.
Find out labor to land ratio of both countries:
Country Alpha = 45 / 15 = 3
Country Beta = 200 / 100 = 2
Country Alpha has 3 labor units per acre
Country Beta has 2 labor units per acre
Country Alpha therefore has more labor abundance and should export the labor intensive good which is good A which means <u>Country B will import A</u>.
Country Beta should <u>export more land intensive good which is good B. </u>
Answer:
cash receipts from sales of investments.
Explanation:
Operating activities are defined as activities that creates revenue and expenses in a business, and so are used to determine if a business is making a profit or loss. It includes activities directly related to providing goods and services to the consumer.
Cash reciepts form sale of investment such as stocks and bonds is classified as an investing activity. It is a positive investing activity because it involves inflow of cash.
This is not classified as an operating activity.
Answer: The correct answer is "2. Taking into account external reasons for the recent underperformance of a good salesperson".
Explanation: Knowledge should be applied in cases such as this, since in front of an employee who has poor performance we must take into account the external reasons that influence him and his performance, such as family problems, the death of a family member, etc.
Answer:
The rate is greater than 8%
Explanation:
Given
<em>Missing part of question</em>
Required
Is r > 1
We have:
Substitute values for r and I
Divide both sides by 1000
Add 1 to both sides
Take square roots of both sides
Subtract 1 from both sides
Multiply both sides by 100
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<em>Hence, the rate is greater than 8%</em>
