Answer:
the adjusted cash balance as on April 30,2018 is $77,800
Explanation:
The computation of the adjusted cash balance as on April 30,2018 is as follows;
= Balance as per bank statement + deposit in transit - outstanding checks
= $78,800 + $9,300 - $10,300
= $77,800
Hence, the adjusted cash balance as on April 30,2018 is $77,800
We simply applied the above formula so that the accurate value could arrive
Answer:
C)Harvest was notified of the suit.
Explanation:
From the question, we are informed about Grain Farm Inc. that files a suit against Harvest Services. In this case, Before the court can exercise jurisdiction over Harvest, the court must have proof that Harvest was notified of the suit. jurisdiction as regards to law can be explained as the right a case has over a particular subject matter. And all categories of court can exercise this power to adjudicate cases
Answer:
$36,020.40
Explanation:
The computation of cash balance is shown below:-
Excess of cash receipts over disbursement = Beginning cash balance + Cash receipts - Cash disbursement
= $64,500 + $1,302,200 - $1,310,000
= $1,366,700 - $1,310,000
= $56,700
Interest = X × 0.02
Cash balance at end = Excess of cash receipts over disbursement + Borrowing - Interest
$92,000 = $56,700 + X - 0.02x
$92,000 - $56,700 = 0.98x
X = $35,300 ÷ 0.98
= $36,020.40
Answer:
A, B and D
Explanation:
Under OSHA laws, employers must provide a safe workplace for the employees. All the danger areas must be indicated with either painting or signage. Using guard rails is an excellent way of demarcating danger zones. They keep employees away from dangerous spots. In this case, an employer should use guard rails in the following circumstances.
1.Around every floor hole into which a worker can accidentally walk. The guard rails will form a barrier that will prevent accidental falls into the hole.
2.Around every open-sided platform, floor, or runaway that is 4 feet or higher off the ground or next level. The guard rails form a wall that prevents employees in raised levels from falling to the ground.
3. Regardless of height, if a worker can fall into dangerous machines or equipment. In case of an incident, the guard rails will stop an employee from falling into dangerous machines or equipment.
Answer:
Option A is correct.
<u>A decrease in the Equity Investment account</u>
Explanation:
Dividend received amount decreases the investment account. Net income interest in investee account is added to the investment account.
