Answer:
The total amount of cash that should be reported on Chen Inc., balance sheet at June 30th is $15,250
The answer is option A.
Explanation:
The total amount of cash that should be reported on Chen Inc., balance sheet at June 30th is as follows:
$ $
Balance as per bank statement at June 30 16,750
Add: Deposit in transit ($10,000 - $7,900) 2,100
Less:
Outstanding Checks 3,600
Adjusted Cash Balance $ 15,250
Balance as per accounting records at June 30 16,170
Add: Interest Income 25
Less:
NSF Checks 935
Bank Fees 10 945
Adjusted Cash Balance $ 15,250
Answer: c. Premarket testing
Explanation:
Premarket testing is usually performed before a certain product is brought to the market in order to determine customers satisfactions and whether they will use the products again.
Answer:
demographic factors
Explanation:
Demographic factors refer to your customers' socioeconomic characteristics, e.g. age, gender, race, ethnic background, marital status, income level education level, etc.
In this scenario, Fresnas Cuisine changed it menu to appeal to its customers' age group, so it is being influenced by one of its customers' demographic factors.
Answer:
Option (B) is correct.
Explanation:
A supply shock is a situation in which the price of the natural resource increases which result in an increase in the cost of production of the goods. This increase in the cost of production of the goods induces the producers to produce less amount of goods which reduces the supply of goods. This will lead to shift the short run supply curve of the goods leftwards and therefore, there is an increase in the price of the goods.
<span>When a company is using double-entry accounting, the elements of a given ledger that must be equal are the debit and the credit. They should reflect the balance of the books. There should be an equal amount in the debit column and in the credit column.</span>