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marshall27 [118]
1 year ago
15

if a bank reconciliation included a deposit in transit of $765, the company's journal entry for this reconciling item would incl

ude:
Business
1 answer:
Olin [163]1 year ago
7 0

If a bank reconciliation included a deposit in transit of $765 the company's journal entry for this reconciling item would contain nothing because the deposit has already been tracked and recorded. The complete question can be seen in attachment.

Bank reconciliation can be described as the process of comparing data on cash books with the corresponding data on the bank statements. It is a important process for the CFO's office and ensures the accuracy of accounting records. Reconciliation also says the process of matching transactions that have been recorded internally against monthly statements from external sources such as banks to see if there are differences in the records and to correct any discrepancies.

Learn more about Bank reconciliation at brainly.com/question/15525383

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Barbara managers the service desk and makes routine decisions related to customer refunds and merchandise returns. Donna also ov
abruzzese [7]

Answer:

B. First line manager

Explanation:

First line managers are company's employee just directly above the non-managerial worker in the management level or organization structure. They serve as the link between non-managerial workers and middle and upper level managers. They are the lowest managers in an organization that deals with employees directly.

In this case, Donna is directly dealing with cashiers and front desk employees while also making routine decisions.

6 0
3 years ago
After being influenced by frequent advertisements, Jeremy buys a new cell phone. However, he discovers that the new cell phone d
Elan Coil [88]

Answer: the actual value

Explanation:

Consistent advertisement by the cell phone company has gotten Jeremy to buy a product of their's hit Jeremy got a product which the actual value does not match his expectation. It's either Jeremy expected a lot, or was offered different categories of the brand and choose the least or that the company played on him, either of the options will be what played out as Jeremy couldn't get what he had in mind when he bought the phone. These scenario plays out many times between customers and retailers or manufacturers as some of the item they do buy don't reach what they expected, some other times it could be seen that those products were exaggerated during the advertisement.

7 0
3 years ago
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Shereen has accidentally overdrawn her checking account this month. Thankfully, she has a little money in savings and can cover
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Answer:

The answer is: D) Leasing a car so she can give up her bus pass

Explanation:

If Shereen wants to lower her monthly expenses, leasing a car will not help her. Usually taking a bus or any other type of mass transportation system is much cheaper than leasing a car and all the other expenses related to keeping a car running (e.g. gasoline, engine services, parking fees, etc.).

5 0
3 years ago
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Heinz makes most of its money from ketchup and​ prepared, packaged foods that are substitutes for fresh foods. Revenue tends to
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Answer: A possible reason is a drop in the price of fresh fruits and vegetables.

Explanation: The revenues of Heinz have dropped in the second quarter and one very likely possibility is that the demand for their products are on the decline. The market demand for a product is affected by a number of factors and one of them is the price of close substitutes.

In this scenario, the close substitutes for Heinz products are fresh fruits and vegetables. The second quarter of the year (May, June and July) usually records lots of rainfall and good harvests of fresh foods. A good harvest encourages lower prices. If the price of these substitute food items reduces, the consumers would tend to buy more of those, that is, the demand for fresh fruits and vegetables would experience an increase while the demand for ketchup, packaged and processed foods would experience a decline. The decline would translate into lower sales figures and subsequently low revenues.

3 0
3 years ago
To protect consumers, the SEC requires brokers and dealers to information about securities. True or False
Mashutka [201]
Answer;
The above statement is true; 

<span>To protect consumers, the SEC requires brokers and dealers to reveal  information about securities.

Explanation;
The objective of the SEC (securities and Exchange Commission) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. they also protect consumers by requiring brokers and dealers to reveal information about securities. </span>
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