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3 years ago

Similarities between single column cash book and double column cash book

Business

1 answer:

hram777 [196]3 years ago

8 0

Answer:

Both single column cash book and double column cash book are similar because they both record cash payments

Explanation:

A cash book is a book or journal used to record all business transactions within a particular period like receipts, disbursements, bank deposits and bank withdrawals. They are different cash books namely: single column cash book, double column cash book and triple column cash book.

A single column cash book is used to record payments in form of cash while a double column cash book records both cash payments as well as bank transactions.

Both single column cash book and double column cash book are similar because they both record cash payments

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The gestation period for cats has an approximate mean of 64 days and a standard deviation of 3 days. The distribution of the ges

-Dominant- [34]

Answer:

a. P(X<68) = 0.9082

b. P(61 < X< 70) = 0.8185

c. the gestation period that corresponds to the top 10% of gestation periods = 67.846

d. the gestation period that corresponds to the 25th percentile = 61.977

Explanation:

Given that:

population mean $\mu$ = 64

standard deviation $\sigma$ = 3

a. What proportion of kittens have a gestation period of less than 68 days?

here the sample mean x = 68

The standard normal distribution for the z score is

$z = \dfrac{x -\mu}{\sigma}$

$z = \dfrac{68 -64}{3}$

$z = \dfrac{4}{3}$

z = 1.33

The proportion of the kittens having a gestation period of less than 68 days is:

P(X<68) = P(Z< 1.33)

Using the z - tables

P(X<68) = 0.9082

b. What proportion of kittens have a gestation period between 61 and 70 days?

here ; sample mean x₁ = 61 and x₂ = 70

the standard normal distribution for the z score is:

$z_1 = \dfrac{61 -64}{3}$

$z_1 = \dfrac{-3}{3}$

$z_1 =-1$

$z_2 = \dfrac{70-64}{3}$

$z_2= \dfrac{6}{3}$

$z_2= 2$

So, the proportion of kittens having a gestation period between 61 and 70 days is:

P(61 < X< 70) = P(-1 < Z < 2)

P(61 < X< 70) = P(Z < 2) - P( Z< -1)

From z tables

P(61 < X< 70) = 0.9772 - 0.1587

P(61 < X< 70) = 0.8185

c. What gestation period corresponds to the top 10% of gestation periods?

i.e

P(X > $x_o$ ) = 0.1

P(X < $x_o$ ) = 1 - 0.1

P(X > $x_o$ ) = 0.9

$P(Z < \dfrac{x - \mu}{\sigma}) =0.9$

Using the Excel Function : =NORMINV (0.9)

$P(Z < \dfrac{x - \mu}{\sigma}) =1.282$

⇒ $\dfrac{x - \mu}{\sigma}=1.282$

${x - \mu}=1.282 \times \sigma$

$x =1.282 \times \sigma + \mu$

given that:

$\mu = 64 \\ \sigma =3$

x = 1.282 × 3 + 64

x = 67.846

The gestation period that corresponds to the top 10% of gestation periods = 67.846

d. What gestation period corresponds to the 25th percentile?

At 25 percentile, using the EXCEL FUNCTION = NORMINV(0.25;64;3)

the gestation period that corresponds to the 25th percentile = 61.977

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3 years ago

In the context of planning a training program, even though it is time-consuming, putting together a _____ is worthwhile because

tekilochka [14]

Answer:

Request for proposal

Explanation:

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3 years ago

Caribbean Tours’ total payroll for the month of January was $600,000. The following withholdings, fringe benefits, and payroll t

USPshnik [31]

Answer:

wages expense 600,000 debit

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Federal and state income tax payable 60,000 credit

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--to record employees salaries and witholdings--

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Frindge benefit expense 34,800 debit

FICA taxes payables 45,900 credit

FUTA&SUTA tax payables 37,200 credit

Health insurance payable 10,800 credit

Retirement fund obligation 24,000 credit

Explanation:

taxes:

FICA is paid by both, employee and employer. While FUTA&SUTA only by the employer

FICA 600,000 x 7.65% = 45,900

FUTA&SUTA 600,000 x 6.20% = 37,200

fringe benefit:

as they are done by the employer it will create liabilities and obligation

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3 years ago

Please select the best answer from the choices provided A situation in which quantity demanded is greater than quantity supplied

Black_prince [1.1K]

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4 years ago

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Slav-nsk [51]

Answer: c. Need recognition

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4 years ago

Similarities between single column cash book and double column cash book​

Similarities between single column cash book and double column cash book