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Mama L [17]
1 year ago
5

The bank charged another company's check against our account. This would be included on the bank reconciliation as a(n)?

Business
1 answer:
xxTIMURxx [149]1 year ago
5 0

When bank charged another company's check against our account this would be included on the bank reconciliation as a addition to the balance per books.

A bank reconciliation statement summarizes banking and business activities and reconciles a company's bank accounts and its financial records. A bank reconciliation statement confirms that the payment has been processed and the cash collection has been credited to your bank account.

Withdraw an outstanding check. This will give you a reconciled bank balance. Then, use the cash balance at the end of the business to add up the interest earned and any outstanding bills. Deduct all bank charges, penalties and NSF checks.

Procedures for verifying the accuracy of both company bank statements and cash accounts. - Must be completed at the end of each month. A common cause of differences between the bank's ending balance and the cash book's ending balance.

Learn more about reconciliation at

brainly.com/question/15525383

#SPJ4

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Which type of pricing orientation guarantees revenue on every sale, but runs the risk of having a competitor with potentially lo
devlian [24]

Answer:

The correct answer is: profit-oriented pricing.

Explanation:

Profit-oriented pricing is set by companies after determining the production of total costs per unit of the goods offered. After that, the profit is established typically as a percentage of the costs incurred. The problem with this method of costing is that the sum of the costs and the profit margin can result in a price that is higher than the average for the product.

Even worse, competitors may take advantage of that scenario to lower their prices to drag more consumers away from the profit-oriented pricing entity.

8 0
3 years ago
I'm getting pretty desperate plz help me, I'll give brainiest, and ill make a free question worth 100 points this is for coding
Dmitrij [34]

Answer:

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Explanation:

6 0
3 years ago
Read 2 more answers
All of the following are forms of cognitive bias except:_____.
Alecsey [184]

Answer:

Option C would be the correct answer.

Explanation:

Throughout objective reasoning, cognitive bias seems to be a weakness that has been triggered by that of the human brain's propensity to interpret knowledge through a prism of individual perspective including interests. The types of cognitive bias but for the remaining change.  

The types of cognitive bias are almost as follows:

  • Overconfidence bias
  • Confirmation bias
  • Halo effect
  • Anchoring bias

The latter considerations provided are not closely linked to the case provided. So, the answer above is the right one.

6 0
3 years ago
Typically, most network television advertising time is sold as
Oksi-84 [34.3K]
Commercials? idk look it up. (not on brainly lol)

3 0
3 years ago
Curly’s Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $43,000 per year forever.
evablogger [386]

Answer:

rate = 6.3235%

At a market rate of 6.3235% this will be  a fair deal

Explanation:

under perpetuities the principal is never redeem. the investor receive cash payment for an indefinite period of time

This means:

perpetuities  present value = C/r

where:

C= annual payment

r= rate

680,000 = 43,000/rate

43,000/680,000 = rate

0.06323529 = rate

rate = 6.3235%

5 0
2 years ago
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