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bogdanovich [222]
2 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]2 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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Mattel teamed with coca-cola to market soda fountain sweetheart barbie. this is an example of ____.
Svet_ta [14]

Mattel teamed with coca-cola to market soda fountain sweetheart barbie. this is an example of cobranding. Co-branding is a marketing approach in which numerous brand names are used on the same product or service as part of a strategic collaboration.

Co-branding (or "cobranding") refers to various different sorts of branding collaborations that often involve the brands of at least two companies. The use of two or more brands to name a new product is known as co branding. The ingredient brands collaborate to achieve their goals. The entire synchronisation between the brand pair and the new product has to be kept in mind.

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6 0
1 year ago
America spend the largest portion of their budget on___.
alexandr1967 [171]

Answer:

B) housing

Actually,  the biggest chunk of the average American's budget goes toward housing, which accounts for about 37% of take-home pay. Many people spend even more. In some circumstances, spending a lot on rent or a mortgage is unavoidable.

8 0
3 years ago
Assume that chips cost $1 and soda costs $2. If the consumer has $14, the combination of goods that would maximize his utility p
ddd [48]

Answer:

The remaining amount that the consumer would have would be $11

Explanation:

If the person originally had $14 but spent $3 all together on their items they would remain with the amount of $11.

(I hope this helps, I'm not sure if it's exactly what you were looking for but it's something so...)

3 0
3 years ago
Franklin Company borrowed $144,000 from a bank on March 1, 2021 and agreed to pay it back in eleven months at an interest rate o
ioda

Answer:

$25,080

Explanation:

Given:

Loan amount = $1,44,000

Starting Date 1 march 2021

Duration = 11 month

Interest Rate = 19%

Amount of interest =?

Amount of interest for a year = PRT/100\\\\Amount of interest for a year = 144,000\times19\times1/100\\Amount of interest for a year= 27,360

Amount of interest for eleven month = Amount of interest *11/12

Amount of interest = $27,360*11/12

Amount of interest = $25,080

6 0
3 years ago
Technician a states that pinching off the flexible brake hoses with vice grip pliers is a recommended method of closing rubber b
Julli [10]
In this case, Technician B is correct.
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4 0
3 years ago
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