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galben [10]
1 year ago
9

How would you reconcile for a bank service fee listed on the statement?

Business
1 answer:
konstantin123 [22]1 year ago
3 0

To reconcile for a bank service fee listed on the bank statement, <u>C. enter it</u> into your external register in the same manner as a withdrawal.

<h3>What are bank service fees?</h3>

Bank service fees are charges imposed by financial institutions on their personal and business customers for account set-up, maintenance, and minor transactional services.

During bank reconciliation, the correct procedure is to record this transaction in the books as a reduction of the bank balance.

Thus, to reconcile for a bank service fee listed on the bank statement, take Option C.

Learn more about bank service charges at brainly.com/question/26494219

#SPJ1

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Belinda is in charge of both accounting and investments and all of the employees involved with these functions at her firm. Beli
Andrej [43]

Belinda is in charge of both accounting and investments and all of the employees involved with these functions at her firm. Belinda is "Financial Manager".

<h3>Who is financial manager?</h3>

Financial manager examine financial information compiled by accountants, keep track of the company's financial situation, and create and carry out financial strategies.

The roles of financial manager are-

  • creating reliable financial information and reports
  • cash flow statements being created
  • estimating a profit
  • controlling credit
  • giving guidance on financial decision-making
  • investing guidance
  • generating financial projections
  • Budgeting

Therefore, one of the most crucial duties of business owners and managers is financial management.

To know more about accounting, here

brainly.com/question/26690519

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3 0
1 year ago
Distinguish between the benefiets of traditional banking amd the benefiets of online banking
Alona [7]
Traditional banking- you can secure your deposit because you personally banked it..
while
online banking- for me you can't 100% sure your secured because you know there where so many fake agents out there but it's good benefits are you are just sitting and surfing the net and you dont won't be hustle anymore
6 0
3 years ago
Emmett, an agent for Fridley, signs an agreement with Grover on Fridley's behalf but neglects to tell Fridley that the agreement
Mariulka [41]

Answer:

Option A. Liable, because notice to Emmett is notice to Fridley.

Explanation:

The reason is that the principle is liable for the outcome of the Emmett actions in the principle's behalf. So it is clear that Fridley is liable. The agent have to work in the best interest of its principal which means that the failure to notify the additional tax liability to Fridley was part of agent's fiduciary duty. This means that the principle can sue its agent for the consequences of not placing the sufficient care to its principle.

The Fridley is also responsible because Emmett is acting as Fridley which means the notice to Emmett is actually notice to Fridley.

6 0
2 years ago
Read 2 more answers
Ben is employed as a carpenter and his wife, Marilyn, is a self-employed consultant. Besides Ben’s salary, Ben and Marilyn own a
Alona [7]

Answer:

B. The cost of utilities is deductible for AGI

Explanation:

The entire cost of the utilities would be for AGI deduction assuming no personal use of the condo. The employer portion of Marilyn's self-employment tax would be deductible as well.

Adjusted gross income (AGI) is a measure of income calculated from your gross income and used to determine how much of your income is taxable. It is the starting point for calculating a filer's tax bill in the United States and, among other things, is the basis for many deductions and credits. When filing your taxes online—as about 80% of filers do—the software you use will calculate your AGI for you.

3 0
3 years ago
The concept of creating safer and more efficient equipment is called __________.
kvasek [131]

Answer:

The correct answer is Ergonomics.

Explanation:

When a company talks about providing efficient and safe equipment for its employees, they refer to the discipline of ergonomics.

Ergonomics is the one in charge of investigating and collecting data and with the knowledge of different related subjects such as psychology or physiology to find the right designs for people so that they are safe and comfortable, which allows them a better development in the Work and allow them to be efficient.

It is necessary to take into account the differences found in the population from age to cognitive ability to successfully apply ergonomics.

<em>I hope this information can help you.</em>

7 0
3 years ago
Read 2 more answers
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