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bogdanovich [222]
3 years ago
5

Alvin Electronics is in the process of reconciling its bank account for the month of November. The following information is avai

lable: Balance per bank statement $ 8,325 Outstanding checks 2,400 Deposits outstanding 1,215 Bank service charges for November 35 Check written by Alvin for $300 but recorded incorrectly by Alvin as a $30 disbursement. What should be the corrected cash balance at the end of November
Business
1 answer:
zhannawk [14.2K]3 years ago
8 0

Answer:

The correct answer is $7,140.

Explanation:

According to the scenario, the computation for the given data are as follows:

Balance per bank statement = $8,325

Outstanding checks = $2,400

Deposits outstanding = $1,215

So, we can calculate the corrected cash balance by using following formula:

Corrected cash balance = Balance per bank statement - Outstanding checks + Deposits outstanding

= $8325 - $2,400 + $1,215

= $7,140

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Martha and Gordon purchased a home for $175,000 six years ago with a 5.5 percent, 30-year $140,000 mortgage. Their home now has
aliya0001 [1]

Answer:

The correct answer is A that is $76,000

Explanation:

Home equity is the market value of a home owner un-mortgaged interest in the real property, which is the difference among the home's fair market value and the outstanding balance of all liens on the property.

So, it is computed as:

Home Equity = Market value - Outstanding balance

= $210,000 - $134,000

= $76,000

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3 years ago
the results of a search to find the least expensive round-trip flights to atlanta and salt lake city from 14 major u.s. cities a
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Which country in the middle east has the most crude oil?.
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2 years ago
five (5) specific forces that are acting as stimulants for change, state and explain them with relevant examples.
In-s [12.5K]

Explanation:

It can be mentioned as the five specific forces that are acting as stimulators for change the forces:

  1. Competition
  2. Nature of the workforce
  3. economy
  4. Policy
  5. Technology

These are stimulating forces for change because they are factors that drive the change process so that organizational activities are able to remain and adapt in the market according to what happens in your micro and macro business environment.

Market competition is a factor that makes companies always willing to develop new methods, products and services so that they can achieve better results in the market search than competing companies. Integrated with the competition is the search for technology, which innovates the way in which techniques are developed and exists to facilitate and change work, as well as methods of using work forces.

Political and economic scenarios are also forces that drive change and the decisions that companies make in the market to seek better results and achieve their goals.

4 0
3 years ago
Changes in property, plant and equipment relate to the ______ activities on the statement of cash flows. Multiple choice questio
inysia [295]

Changes in property, plant, and equipment related to the investing activities on the statement of cash flows.

The cash flow statement reveals how much money is made or spent on operating, investing, and financing activities during a certain time period, bridging the gap between the income statement and the balance sheet.

The cash generated or spent in relation to investment activities is shown in the cash flow from investing activities portion of the cash flow statement.

Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity.

If management is investing in the long-term health of the company, negative cash flow from investing operations could not be a bad indicator.

Hence, Changes in property, plant, and equipment related to the investing activities on the statement of cash flows.

Learn more about Cash flow statement:

brainly.com/question/735261

#SPJ1

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2 years ago
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