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3 years ago

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If a check correctly written and paid by the bank for $746 is incorrectly recorded in the company's books for $764, how should t

his error be treated on the bank reconciliation

1 answer:

motikmotik3 years ago

4 0

Answer:

Add

Explanation:

Hope this helps :)

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The Baldwin company currently has the following balances on their balance sheet: Assets $244,260 Common Stock $54,527 Retained e

melisa1 [442]

Answer:

The aggregate liabilities amounts to $40,337 for the next year

Explanation:

In order to compute the total liabilities, using the formula as:

Assets = Liabilities + Shareholders equity

where

Shareholders equity = Contributed Capital + Retained Earnings

Retained Earnings = Old Retained Earnings + Net Income - Dividends

Liabilities = Assets - Common stock - Retained Earnings

= $151,000 - $54,527 - $46,136 - ($20,000 - $10,000)

= $151,000 - $54,527 - $46,136 - $10,000

= $40,337

4 0

3 years ago

Sheffield Corporation retires its $980000 face value bonds at 104 on January 1, following the payment of annual interest. The ca

RoseWind [281]

Answer:

credit of $36,701 to Discount on Bonds Payable

Explanation:

Dr Bonds payable $980,000

Dr Loss on bond redemption $2,499

[$1,016,701-($980,000 x 104%)

Cr Discount on bonds payable $36,701

($1,019,200-$980,000-$2,499)

Cr Cash $1,019,200

($980,000 x 104%)

The entry to record the redemption will include

a credit of $36,701 to Discount on Bonds Payable

4 0

3 years ago

__________This import tax was meant to replace the earlier "Tariff of Abominations", but it was widely disliked by southern merc

mrs_skeptik [129]

Answer:

Tariff of 1832

Explanation:

The Tariff of 1832 was enacted to replace the 1828 import tariffs commonly known as Tariffs of Abomination. Most southern states did not like it, but its greatest opposition came from South Carolina since its economy depended greatly in foreign trade. Back then America's largest export was cotton produced by southern states.

Due to South Carolina's extreme opposition, it was replaced by the Compromise Tariff of 1833. This last tariff would gradually decrease the tax rates until they fell back to 1816 levels, which was approximately 20%.

The Nullification Crisis refers to a legal process carried out in South Carolina that determined that federal taxes, specifically import tariffs were unconstitutional and shouldn't apply to them. The problem is that the Supreme Court decides what is unconstitutional or not, not a state court.

7 0

3 years ago

Personal selling is: Group of answer choices the preferred method for placing nonpersonal promotions for a company and/or its pr

svlad2 [7]

Answer:

the two-way flow of communication between a buyer and a seller, designed to influence a person's or group's purchase decision.

Explanation:

Personal sales is, in plain terms, where companies use individuals to market the commodity after interacting with the consumer eye to eye. The dealers embrace the commodity by their experience of attitude, presentation and professional service. They target at educating and motivating customers to purchase the drug, or at minimum to try it.

Thus, from the above we can conclude that the correct option is c.

3 0

3 years ago

Read 2 more answers

The Atlanta Journal-Constitution is an example of _________ because it is an organization that use technological channels to dis

AVprozaik [17]

A daily newspaper is The Atlanta Journal-Constitution, a company that uses technological channels to disseminate information with the aim of establishing and sustaining an audience.

<h3>What is the Atlanta Journal-Constitution?</h3>

The Atlanta Journal-Constitution is the only significant daily publication. It serves as Cox Enterprises' flagship publication.

The Atlanta Journal-Constitution, a daily newspaper, uses technological platforms to disseminate information in an effort to build and maintain an audience.

Learn more about the daily newspaper, refer to:
brainly.com/question/8059438

#SPJ1

5 0

2 years ago