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4 years ago

What item should you look for when adjusting your check register?

2 answers:

8 0

One of the item that you could look is the outstanding check
Outstanding check refer to the check that you've already given to someone as a payment, but that person still has not turned it into cash so basically it shouldn't be deduced from your book.

Also Printing Charges

Naya [18.7K]4 years ago

6 0

Check Printing Charges is the correct answer. #PLATO4LYFE

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Nongovernmental not-for-profit entities recognize a conditional promise to give when

V125BC [204]

Answer:

C) The conditions are met.

Explanation:

A conditional promise is a promise that depends on the occurrence of one or more future events (conditions) before it becomes an obligation for the promisor. In order for the promise to be recognized by the not-for-profit entity, the conditions established must be met, therefore the conditional promise becomes an unconditional promise.

For example, it the promisor promises to give the entity $100,000 in case he sells his house, then the promise will be recognized when the promisor's house is sold.

5 0

4 years ago

Information-based industries are most susceptible to which one of Porter’s five forces?

nasty-shy [4]

The right answer for the question that is being asked and shown above is that: "a. rivalry among existing firms in an industry" Information-based industries are most susceptible to one of Porter’s five forces which is the a. rivalry among existing firms in an industry

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3 years ago

The outstanding capital stock of Coronado Corporation consists of 1,900 shares of $100 par value, 9% preferred, and 5,400 shares

ella [17]

Answer:

preferred stock dividends = 1,900 x $100 x 9% = $17,100

common stocks = 5,400 stocks

a) distribution of dividends:

preferred stocks = $17,100

common stocks = $70,400

b) distribution of dividends:

preferred stocks = $17,100 x 3 = $51,300

common stocks = $36,200

c) distribution of dividends:

preferred stocks = $51,300 + (1,900/7,300 x $19,100) = $56,271

common stocks = $17,100 + (5,400/7,300 x $19,100) = $29,429

5 0

3 years ago

Difference between operating expenditure and development expenditure

Citrus2011 [14]

Operating expenses are incurred during regular business, such as general and administrative expenses, research and development, and the cost of goods sold. A capital expenditure is incurred when a business uses collateral or takes on debt to buy a new asset or add value of an existing asset.

5 0

3 years ago

During the current year, Reed Consulting Group acquired long-term available-for-sale securities at a $70,000 cost. At its Decemb

kipiarov [429]

Answer:

Account Debit Credit

Unrealized loss (Equity) $12,000

Fair Value adjustment (Avaliable $12,000

for sale)

Explanation:

Given Data:

Long-term available-for-sale securities=$70,000

December 31, Securities fair values=$58,000

Required:

The necessary year-end adjusting entry related to these securities.

Solution:

Unrealized Loss occurred=$70,000-$58,000

unrealized Loss occurred=$12,000

Adjusting entry:

Account Debit Credit

Unrealized loss (Equity) $12,000

Fair Value adjustment (Avaliable $12,000

for sale)

3 0

4 years ago