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MatroZZZ [7]
3 years ago
6

Complete the statement by filling in the correct terms.

Business
2 answers:
Setler79 [48]3 years ago
8 0
1= A. Balancing a back account
2= B. bank statement
ad-work [718]3 years ago
5 0

Reconciling a bank account refers to cross-checking the transactions you logged in your checkbook register with your bank statement.

When you reconcile your bank account, you are making sure that the numbers you have recorded based on the transactions match those that have been in and out of your account. If the numbers do not match, then there was a missed transaction. By doing this, you can make sure nothing is missed and the money you've spent was spent accurately and was sent to the right bills.

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The Akron Slugger Company produces various types of wooden baseball bats. It has calculated the average cost per unit of a produ
zlopas [31]

Answer:

variable cost of producing is $72,200

Explanation:

given data

total costs = 7,900

production @ $12

fixed = $22600

to find out

variable cost of producing each​ bat

solution

we know here that

total costs at 7,900 production @ $12 then that would be

= 7,900 × 12   = 94,800

so now we can say  variable will be here  = $94,800 - $22600

so variable = 72200

hence  variable cost of producing is $72,200

4 0
3 years ago
In general, quick-service restaurants and medium- and low-priced hotels/motels are considered to be:
marissa [1.9K]
Affordable place to live for few days
8 0
3 years ago
Assets Liabilities
hoa [83]

Answer: $300,000

Explanation:

One year Rate Sensitive Assets (RSA) = Short term consumer loans (one year maturity) + Three month treasury bills + Six month treasury notes + 30 year floating rate mortgages ( rate adjusted every nine months)

= 150 + 130 + 135 + 140

= $555 million

One Year Rate Sensitive liabilities (RSL)  = Three month CDs + Three month bankers acceptances + Six month commercial paper + One year time deposits

= 140 + 120 + 160 + 120

= $540 million

RSA - RSL = 555 - 540 = $15 million

Change in interest income = Difference between RSA and RSL * change in interest rates

= 15,000,000 * 2%

= $300,000

6 0
3 years ago
A premium on common stock: Multiple Choice
Stolb23 [73]

Answer:

4) Occurs when a corporation sells its stock for more than par or stated value.

Explanation:

When a stock sells at premium it means that its selling price if higher than its par value.

When a corporation sells its stock, the amount equal to par value must be recorded under common stock account, while any additional amount of money received (premium) must be recorded under the paid-in capital in excess of par value account.

For example, the corporation sells 100 stocks at $20 (par value of 10$ per stock)

  • Dr Cash account 2,000
  • Cr Common Stock account 1,000
  • Cr Paid-in Capital in Excess of Par Value account 1,000
3 0
3 years ago
9. Physical counts of inventory: A. Are not necessary under the perpetual system B. Are necessary to measure and adjust for inve
zimovet [89]

Answer:

B. Are necessary to measure and adjust for inventory shrinkage.

Explanation:

As it is thought that being accurate and also timely physical time inventory could be a key role play within the success of most retailing outlet. That it's said that these physical counts are always necessary within the measurement and adjustment of for inventory shrinkage. they're also tagged to be critical to the success of each independent retailer. While every retail operator, who has ever seen the effect of shrinkage on a plan, is cognizant of the importance of accurate and timely physical counts to regulate shrinkage, it's not similarly understood by the people actually recording the counts.

8 0
3 years ago
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