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Sedaia [141]
1 year ago
6

The bank statement reveals an eft payment made to one of the company's suppliers that has not yet been recorded in the journal.

How would this information be included on the bank reconciliation?
Business
1 answer:
dusya [7]1 year ago
7 0

The bank statement reveals an eft payment made to one of the company's suppliers that have not yet been recorded in the journal. This information is included on the bank reconciliation as a deduction on the book side.

An EFT payment is a digital transfer of cash from one bank account to any other, which means there is no need for direct intervention through the financial institution body of workers. EFT payments can be accomplished among any two bills, whether or not they're primarily based on equal monetary organization or now not.

Your EFT payment may take everywhere from one to 4 days. some digital budget transfers are despatched and received on an identical day (e.g., twine transfers). EFT bills are generally the best manner on enterprise days. And, there are probably certain cut-off times.

The primary distinction between EFT and ACH bills is that EFT is an umbrella term for all virtual payments, while ACH is only a particular kind of virtual fee. but they're each digital payments, and in reality, ACH is a form of EFT price.

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<h3>What to you understand by Industries? </h3>

An industry is a collection of businesses that are connected by their main lines of activity. There are numerous categories of industries in contemporary economies. Sectors are generally used to combine together bigger groups of industry classifications.

The processing and transformation of natural resources (raw materials) into other finished and semi-finished products is the primary function of industry in each nation's economy.

Industries have a significant role in the economic activities of modern man. Any nation's industrial growth is a major factor in determining its economic development. The main components of contemporary civilization are industries, which give us access to the things we need and job possibilities.

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6 0
2 years ago
Amanda Winter worked as a public engagement coordinator at Safe Food Alliance until three months ago when her manager, Laura Mor
arlik [135]

Answer:

Option D is the correct answer to this question.

Explanation:

Laura sat in on only one of Amanda's presentations before giving her the promotion.

They were made by hand before slides were mounted on computers. Designing a PowerPoint presentation took several hours and though it was costly. Presentations were illustrated back then people with devices such as journal flip charts and computer monitors, but these have been used in schools and conference rooms worldwide.

Other options are incorrect because they are not related to the given scenario.

6 0
3 years ago
A change in quantity demanded is caused only by
romanna [79]

Answer:

A change in quantity demanded is caused only by

A) price

B) a shift

C) Market

D) Income

The answer is Price(A)

Explanation:

Hope this helps :D

3 0
3 years ago
Read 2 more answers
Which of the following is true of both paying with a check and paying with a debit card? A. Both work like a loan from your bank
Sedaia [141]
<span> B. When used, both take money directly out of a bank account.</span>
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3 years ago
Confirm accounts receivable ending balances and sales terms, such as right of return and consignment arrangements.
Andrei [34K]

Confirm accounts receivable ending balances and sales terms, such as right of return and consignment arrangements.--  Existence and accuracy

What is an Accounts Receivable Confirmation?

When an auditor is examining the accounting records of a client company, a primary technique for verifying the existence of accounts receivable is to confirm them with the company's customers. The auditor does so with an accounts receivable confirmation

What does it mean to confirm account?

Account verification is the process of verifying that a new or existing account is owned and operated by a specified real individual or organization. A number of websites, for example social media websites, offer account verification services.

Learn more about Confirm account receivable:

brainly.com/question/13655761

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7 0
1 year ago
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