Answer:
$60,224
Explanation:
Calculation to determine what The adjusted cash balance should be:
Cash account debit balance+Check printing fee, not yet recorded
Let Plug in the formula
Adjusted cash balance=$60,209+$15
Adjusted cash balance=$60,224
Therefore The adjusted cash balance should be:$60,224
Explanation:
The preparation of bank reconciliation is presented below:
Crane Company
Bank reconciliation statement
July 31, 2022
Particulars Amount Particulars Amount
Bank cash balance $9,222 Company cash balance $9,328
Deposits in transit $3,763 Collections $2,120
Less: Outstanding Less: service fee -$53
Check -$1,590
Bank balance Company balance
After reconciliation $11,395 After reconciliation $11,395
Answer:
It will be difficult for Mary to compare the crime rates in a U.S. city with her hometown of London, England:
b. There are differences in the way crime is measured.
Explanation:
- The option a is not correct as it is not true that England doesn't have any crime statistics that are available to civilians.
- The option b is correct as the ways of measuring crimes are different for different regions or places.
- The option c is not correct as there is no dictatorship in England.
- The option d is not correct as it is not true that only solved cases are included in England's crime rates.
Answer:
Explanation:
Variable MOH rate variance = Actual Hours × (Actual Rate - Standard Rate)
= 4050 × ($7.50 - $4.50)
= 12150
Answer:
e. Sunk cost.
Explanation:
As per the given statement, the best appropriate option is sunk cost. As the sunk cost deals with the past cost which is already incurred in the past and it cannot be changed or avoided, neither it can be recovered. Example - Rent expense.
Plus it does not affect the future decisions that means it is irrelevant for decision-making aspects.