1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
notka56 [123]
2 years ago
10

If a check correclty written and paid by the bank is incorrectly recorded in the company;s's books for $794 how should this erro

r be treated on the bank reconcilliation
Business
1 answer:
worty [1.4K]2 years ago
6 0

If a check correctly written and paid by the bank for $749 is incorrectly recorded in the company's books for $794,  this error be treated on the bank reconciliation--- Subtract $45 from the book balance.

What is bank reconciliation?

Bank Reconciliation is an important process in accounting in which organizations match their bank statements with the transactions that are recorded in their general ledger. Preparing a bank reconciliation statement helps businesses to eliminate possible errors in transactions or bookkeeping

What is the journal entry for bank reconciliation?

The journal entries for the bank fees would debit Bank Service Charges and credit Cash. The journal entry for a customer's check that was returned due to insufficient funds will debit Accounts Receivable and will credit Cash.

Learn more about bank reconciliation :

brainly.com/question/15525383

#SPJ4

You might be interested in
Let’s assume that we are about to appraise a house using the cost approach. The home was originally constructed in the early 190
guajiro [1.7K]

Answer:

$290,000

Explanation:

We start with the cost of building a replica of the house:

building a new house:                 $350,000

plus highest and best use             $25,000

minus perceived value loss          ($20,000)

minus physical deterioration        ($50,000)

<u>minus building obsolescence       ($15,000)  </u>

appraised value                            $290,000

8 0
3 years ago
The _____ market is a market in which the demand for and supply of money determine an interest rate or opportunity cost of holdi
jek_recluse [69]

Answer:

Money

Explanation:

4 0
3 years ago
Ryan gave the manager of his convenience store a set of binoculars so she could see the gasoline prices charged by the other con
Aliun [14]

Answer:

Status quo.

Explanation:

Status quo pricing strategy duplicates the value levels of its rivals or keeps up the present value levels of comparative items or services in the market. Status quo is characterized as the manner in which things seem to be, rather than the manner in which they could be.

7 0
3 years ago
If Shawn can produce donuts at a lower opportunity cost than Sue, then ____
Archy [21]

Answer:

(A) Shawn has a comparative advantage in the production of donuts.

Explanation:

Shawn renounce to less goods than Sue when producing donuts.

This meas, Shawn has a comparative advantage in the production of donuts as their cost from the economic point of view are lower.

This do not imply that Sue cannot outproduce Shawn, it means it cost her more than Shawn

For example, if Sue produce 10 Donuts, but to produce donuts resing to produce 20 of other goods, each donut has an opportunity cost of 2

While Shawn can produce 8 donuts and resing to produce 8 of other goods:

each donut has an opportunity cost of 1

Therefore, is better for the overall economy to Shawn produce donuts and trade with Sue for the other good.

4 0
3 years ago
Lego en tu cuaderno un cuadro como el siguiente banderín de causas consecuencias y propuestas para la salida de la crisis económ
Butoxors [25]

Answer:

hi im just getting my points

Explanation:

and im good btw

8 0
2 years ago
Other questions:
  • You are faced with a dilemma. You want very much to go to the park with your friends and hang out. However, your mother left you
    7·1 answer
  • In a command economy, the government does not do which of the following?
    8·2 answers
  • ________ is the stage of the new-product process that involves exposing actual products to prospective consumers under realistic
    7·1 answer
  • Look at the circular flow diagram. Choose and define an environmental issue. Using the diagram as a guide, explain how the envir
    9·1 answer
  • Sales revenue $900,000 Cost of goods sold 625,000 Sales discounts 30,000 Sales returns and allowances 15,000 Operating expenses
    11·2 answers
  • Halestorm Corporation’s common stock has a beta of 1.20. Assume the risk-free rate is 4.5 percent and the expected return on the
    8·1 answer
  • Purchase Company recently acquired several businesses and recognized goodwill in each acquisition. Purchase has allocated the re
    8·1 answer
  • 2.FED (Federal Reserve Bank). buys a $10,000 bond from bank. What is the potential impact on MS (Money Supply)
    14·1 answer
  • Possible misstatements that may occur during the cash receipts process result from cash receipts being received, but not recorde
    5·1 answer
  • Katniss works for the Panem Bureau of Economic Analysis. Panem produces three goods: bread and axes, as well as wheat, which is
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!