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Answer:
The amount of outstanding checks on McKeel's July bank reconciliation should be $18,000
Explanation:
The computation of the amount of outstanding checks is shown below:
= Outstanding Checks balance of June + issued checks in the month of July - check cleared in the month of July
= $5,400 + $38,900 - $26,300
= $18,000
For computing the accurate balance, we deducted the cleared checks and added the issued checks in the June balance of the outstanding checks
Answer:
B : an entry on the left side of an account.
Explanation:
There are two terms i.e debit and credit.
The accounts that reported as an expense, losses, assets are recorded in the left-hand side of an account as it contains the debit balance.
While the account reported as a revenue, gains, liabilities & stockholder equity are recorded in the right-hand side of an account as it contains the credit balance.
Answer: Incremental innovation ( answer for both the blanks)
Explanation: In simple words, incremental innovation refers to the process under which small improvement are made to the current practices of business. Such improvements through innovation results in better products and services offerings.
Such small changes however occur in large volumes and can easily revolutionize any industry.
Answer:
C
Explanation:
The most relevant one because university is the place to produce expert in many fields. Thus this will increase your earnings within your course of career.