1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dahasolnce [82]
3 years ago
11

What is an outstanding check?

Business
1 answer:
Solnce55 [7]3 years ago
3 0

<span>An outstanding check is a check issued by the payor and released to the payee that remains to be undeposited or uncashed check at a certain financial period. When reconciling the bank statements with company books, an outstanding check is deducted from the unadjusted bank balance to arrive at the adjusted bank balance.  </span>

You might be interested in
Each of the following is an advantage of using cash EXCEPT:
Tcecarenko [31]
C. less painful parting with cash
8 0
3 years ago
Read 2 more answers
The charter of Vista West Corporation specifies that it is authorized to issue 209,000 shares of common stock. Since the company
stealth61 [152]

Answer:

209,000 shares

Explanation:

The company is authorized to issue 209,000 shares which represent maximum shares that can be issued. Authorized shares is the maximum number of shares a company can issue and this is stated in the corporate charter.

5 0
2 years ago
Following ethical standards that have been outlined by the company you work for are___standards(apex)
Mashcka [7]

Answer:

D. organizational

Explanation:

You must focus on both your personal life and profession. Just got the question right on apex.

5 0
2 years ago
On January​ 1, 2018, Jordan Company acquired a machine for​ $1,090,000. The estimated useful life of the asset is five years. Re
anyanavicka [17]

Answer:

$206000.

Explanation:

Given: Asset purchase value = \$ 1090000

          Residual value after five years= \$ 60000

          Estimated useful life of asset= five years.

Now, we will calculate depreciation per year using straight line method.

Depreciation= \frac{(purchased\ value\ of\ asset - residual\ value)}{estimated\ useful\ life\ of\ asset}

⇒ Depreciation = \frac{(1090000 - 60000)}{5} = \frac{1030000}{5}

∴ Depreciation expense per year = \$ 20600

3 0
2 years ago
Julie, being self-employed, is required to make estimated payments of her tax liability for the year. Her tax liability for 2018
igor_vitrenko [27]

Answer:

Underpayment of estimated tax = $2,960

Explanation:

Please consider the following equations:

100% of $15,960 = $15,960

90% of $18,000 = $16,200

whichever is lower. i.e $15,960

Underpayment of estimated tax = $15,960 - $13,000 = $2,960

8 0
3 years ago
Other questions:
  • Booth's fixed assets were used to only 50% of capacity during 2018, but its current assets were at their proper levels in relati
    8·1 answer
  • The following transactions occur for Cardinal Music Academy during the month of October: Provide music lessons to students for $
    9·1 answer
  • Which of the following words is not spelled correctly? a. guitar c. cost b. amiga d. war
    6·2 answers
  • Quality that measures usefulness vs. price paid is which definition of quality? A. Conformance to specifications B. Fitness for
    14·1 answer
  • The Coffee Express has computed its fixed costs to be $.48for every cup of coffee it sells given annual sales of 145,000 cups. T
    14·1 answer
  • Operating leverage is easier to control and manage than financial leverage because operating leverage deals with the internal wo
    6·1 answer
  • Define empathy end explain why it is important for effective customer service.
    5·1 answer
  • Why is diversification of investments important?
    10·1 answer
  • The situation described in the first excerpt, what is the inspector's opinion of employer taylor, ibbotson, and co.? what phrase
    15·1 answer
  • Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 30,000 Ending Raw
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!