According to recent legislation, under the fdic each brokerage account is insured up to?

During the month of february, victor services had cash receipts of $7,500 and cash disbursements of $8,600. the february 28 cash

Charra [1.4K]

So you would simply need to set up a formula and solve

X= beginning cash

X+ income - expenses = cash balance

income = cash receipts (7,500)

expenses = cash disbursements (8,600)

Cash Balance = 1,800

Plug into the equation

X + 7,500 - 8,600 = 1,800

Then you would solve for X

8 0

3 years ago

Read 2 more answers

Why do you think celebrities bother to involve themselves in politics?

vova2212 [387]

Answer:

Answer in explanation.

Explanation:

I think that celebrities bother to involve themselves in politics to try and make a statement or gain more fame and followers. Oftentimes, you see celebrities speaking on world events such as the BLM act, global warming, wildfires, or the pandemic that is still ablaze. As we all know, all politicians have their strong opinions but the points do not always get across when just the politicians talk about it. Sometimes, celebrities feel the need to speak on a topic that may be popular in the world of politics just to shine a light on it or even to get more attention. In conclusion, I feel that celebrities try to worm their way into politics because I believe that they think that it will make an impact.

7 0

3 years ago

The following information pertains to Sunland Company.

Roman55 [17]

Answer:

A. Adjusted cash balance per bank $10,053

Adjusted cash balance per book $ 10,053

B. July 31

Dr Cash $ 2,376

Cr Accounts Receivable $ 2,376

July 31

Dr Bank service charge $47

Cr Cash $ 47

Explanation:

Preparation of Bank Reconciliation

31-Jul-22

SUNLAND COMPANY

Cash Balance per bank statement $7,688

Add: Deposit in transit $ 3,060

$ 10,748

Less: Outstanding checks $ 695

Adjusted cash balance per bank $ 10,053

Cash balance per books $ 7,724

Add: Electronic fund transfer received $2,376

$10,100

less; Bank service charge $ 47

Adjusted cash balance per books $10,053

B. Preparation of Journal entry

July 31

Dr Cash $ 2,376

Cr Accounts Receivable $ 2,376

(To record electronic fund transfer received by bank)

July 31

Dr Bank service charge $ 47

Cr Cash $ 47

(To record bank service charges )

3 0

4 years ago

A company has determined that its Recovery Time Objective (RTO) for a critical system is three minutes. In order to ensure the c

nirvana33 [79]

Answer:

An active-passive local server

Explanation:

4 0

3 years ago

The following information is available for Ramos Corporation for the year ended December 31, 2014.Beginning cash balance $ 79,42

faust18 [17]

Answer:

Please see the statement of cash flows prepared below.

Explanation:

Ramos Corporation

Statement of cash flows

Net income $501,437

Add: Depreciation expense 285,930

Income taxes payable increase 8,296

Less: Accounts payable decrease (6,531)

Accounts receivable increase (14,473)

Inventory increase (19,415)

Net cash flows from operating activities (a)....... 755,244

Proceed from sale of land 61,775

Purchase of building (510,085)

Net cash flows from investing activities (b)....... (448,310)

Cash dividends paid (21,180)

Purchase treasury stock (45,890)

Proceed from the issue of bonds 353,000

Net cash flows from financing activities (c)....... 285,930

Net increase in cash and cash equivalents (d=a+b+c)592,864

Cash balance at the beginning of the year 79,425

Cash balance at the end of the year $672,289

5 0

3 years ago