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GaryK [48]
2 years ago
8

While preparing a bank reconciliation, a bank service charge was discovered. This adjustment would be recorded with a?

Business
1 answer:
Sedaia [141]2 years ago
7 0

While preparing a bank reconciliation, a bank service charge was discovered. This adjustment would be recorded with a Credit to cash, debit to bank fees expense.

Bank Reconciliation is an important manner in accounting wherein agencies healthy their bank statements with the transactions which can be recorded in their preferred ledger. making ready a financial institution reconciliation statement facilitates businesses to put off viable errors in transactions or bookkeeping.

There are 5 principal kinds of bank reconciliation: financial institution reconciliation, consumer reconciliation, dealer reconciliation, inter-company reconciliation, and business-unique reconciliation.

In bookkeeping, a financial institution reconciliation is a procedure by using which the financial institution account balance in an entity’s books of account is reconciled to the balance said by using the monetary organization inside the maximum latest bank declaration. Any distinction between the 2 figures needs to be examined and, if appropriate, rectified.

Learn more about bank reconciliation here brainly.com/question/15525383

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Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $31,000 and variable exp
Artist 52 [7]

Answer:

a.$75,508

Explanation:

Newham Corporation

Break Even Sales = Fixed Expenses/ 1- (Variable Expenses/ Sales)

We combined the Break Even Sales by adding the sales of the two products and the variable expenses of the two products.

Break Even Sales =$46,060/1-($10,780+$18,470/$31,000+ $44,000)

Break Even Sales =$46,060/1-(29250/75,000)

Break Even Sales =$46,060/ 1-0.39

Break Even Sales =$46,060/ 0.61

Break Even Sales = $75,508.19

6 0
3 years ago
An OSHA compliance inspector arrives at a meat processing unit and presents his credentials to the unit manager. The manager, ho
NISA [10]

Answer:

The compliance officers is to provide an inspection warrant before entering the work site.

Explanation:

OSHA is an abbreviation for Occupational Safety and Health Administration. This are compliance safety and health officers inspectors committed to strong, fair, and effective enforcement of safety and health requirements in the workplace at every time. They are trained, experienced and backed by law to ensure industrial hygienists, safety, compliance with OSHA requirements and help employers and workers reduce on-the-job hazards and prevent injuries, illnesses, and deaths in the workplace.  

OSHA conducts inspections without advance notice and employers have the right to ask the compliance officers to provide an inspection warrant before entering the worksite.

5 0
3 years ago
Why did many artisans, manufacturers, and shopkeepers in the middle colonies in the eighteenth century prefer servants' labor ov
dolphi86 [110]

Answer:

they can receive more work for less pay from the servants as opposed to the wage workers

Explanation:

Based on the information provided within the question it can be said that they preferred servants' labor more because they can receive more work for less pay from the servants as opposed to the wage workers. At that time roughly four months of workers' wages would pay for about five or six years of servant labor, thus leading to a massive increase in savings for the employer.

7 0
4 years ago
Proficient strategy executiona. is always the product of much organizational learning.b. is achieved unevenly, coming quickly in
iVinArrow [24]

Answer:

The correct answer is e. All of these choices are correct.

Explanation:

The efficient execution of the strategy depends to a large extent on competent personnel, more adequate competencies and competitive capacities, and an effective organization. Therefore, developing a capable organization is always a priority of strategy implementation.

There are three types of organizational development that are of utmost importance.:

  1. Select capable people for key positions.
  2. Ensure that the organization possesses the core skills, competencies, administrative talents, technical knowledge, competitive capabilities, and resource strengths it needs.
  3. Organize business processes, value chain activities and decision making in a way that leads to successful execution of the strategy.
6 0
3 years ago
If real income rises from $5 trillion to $6 trillion while the price level increases by 10 percent, it follows that nominal inco
AVprozaik [17]

The nominal income will increase with the increase in the real income.

<u>Explanation:</u>

Real income of the person is the buying or the purchasing capacity of the person. It is the nominal income adjusted for inflation. If there is an increase in the real income more than the increase in the level of the prices at a particular period of time, it means that the level of nominal income of the person will also increase.

7 0
3 years ago
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