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anastassius [24]
4 years ago
10

What importance is the check printing to the bank? 2. on a check printing order? 3. of check printing for this bank? 4. for chec

k printing? 5. Carson here? 6. What action will you take? Why? How would you do a cost analysis How would you evaluate a supplier How many suppliers are desirable What alternatives are open to Erica
Business
1 answer:
vitfil [10]4 years ago
6 0

Answer:

For safety

Explanation: it is safe because only the name of recipient is able to cash the check at a bank or other financial institution

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After the accounts have been adjusted at November 30, the end of the fiscal year, the following balances were taken from the led
Elenna [48]

Answer:

Nov-30

Dr Fees Earned $1,150,000

Cr Wages Expenses $613,750

Cr Rent Expenses $120,000

Cr Supplies expense $9,150

Cr Miscellaneous expenses $11,000

Cr Retained earnings $396,100

Nov-30

Dr Retained Earnings $25,000

Cr Dividends $25,000

Explanation:

Preparation of the two journal entries required to close the accounts.

Nov-30

Dr Fees Earned $1,150,000

Cr Wages Expenses $613,750

Cr Rent Expenses $120,000

Cr Supplies expense $9,150

Cr Miscellaneous expenses $11,000

Cr Retained earnings $396,100

[1150000-613750-120000-9150-11000]

(To close revenues and expenses)

Nov-30

Dr Retained Earnings $25,000

Cr Dividends $25,000

(To close Dividend)

6 0
3 years ago
Gordon Company started operations on January 1 of the current year. It is now December 31, the end of the current annual account
ryzh [129]

Answer:

Gordon Company

Analysis of Transactions at December 31:

a. Office Supplies $670 (DR)

  Office Supplies Expense $1,630 (DR)

b. Equipment $23,500 (DR)

   Accumulated Depreciation on Equipment $2,350 (CR)

   Depreciation Expense - Equipment $2,350 (DR)

c. Prepaid Insurance $630 (DR)

   Insurance Expense $210 (DR)

Explanation:

1. The Office Supplies Account will be debited with $2,300 and credited with $1,630 ($2,300 - $670) as Office Supplies Expense (used supplies) for the year.  This will leave a debit balance of $670 in the account.

2. The equipment account will be maintained at its cost, while a contra account (accumulated depreciation) is created to accumulate the depreciation expenses over the years.  The useful life of the equipment is 10 years ($23,500/$2,350) with an annual depreciation expense of $2,350.

3. The Prepaid Insurance Account will be debited with $840 and credited with $210 ($840/4) representing Insurance that expired during the year for six months.  The balance of $630 is carried forward for the remaining one and half years.

4 0
3 years ago
Adjustments help to ensure that __________ balances are reported at amounts representing the economic benefits used during the p
ycow [4]

Answer:

<em>Adjustments help to ensure that </em><em><u>asset </u></em><em> balances are reported at amounts representing the economic benefits used during the period.</em>

3 0
3 years ago
A cafeteria serving line has a coffee urn from which customers serve themselves. arrivals at the urn follow a poisson distributi
nalin [4]

Answer:

The answer is 3 customer's per minute.

Explanation:

Arrival date = 3 per minute

Service rate = 11 seconds. = 5.45 seconds.

Average number in system = 3 ÷ (5.45-3)

=  1.3 customers per minute.

=

5 0
3 years ago
Which questions should someone ask when deciding whether to lease or buy a car? Check all that apply.
IgorLugansk [536]
Will I use it more than the allowed lease mileage?
- If you do, it will be better to buy a car 
<span>How long do I want the car?
- If you only need it for a short amount of time, you should lease the car
How much do I want to spend?
- If the amount you want to spend is less than the cost of a car, than, you will lease a car instead
How much do I like the car’s options?
- There are more options when buying a car than when leasing.


hope this helps

The "will my family like the car?" is an opinion, and usually would not have to do with leasing a car. (and it also states that you have a family)

hope this helps</span>
8 0
3 years ago
Read 2 more answers
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