The ppt slides suggest the use of control charts and using deming's ideas of quality control to help with the management of asth
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Answer and Explanation:
The Preparation of bank reconciliation for Cougar Corp. as of December 31 is shown below:-
<u>Cougar Corp.</u>
<u>Bank reconciliation</u>
<u>For the year ended December 31</u>
<u>Particulars Amount</u>
Bank balance Dec 31 $24,575
Add: Deposit in transit $2,500
Less:
Outstanding checks #302 ($180)
Outstanding checks #303 ($95)
Outstanding checks #304 ($25) ($300)
Bank balance adjusted $26,775
Cash balance on 31 Dec $26,504
Add: EFT from customer $1,700
Add: Interest income $21 $1,721
Less: Posting error
($5,400 - $4,500) $900
Less: NSF check $500 $1,400
Book balance adjusted $26,775
Hence, the bank balance and the book balance are matched
A business's business plan is a formal written document that outlines the nature of the business and how it will function.
A strategic document that encapsulates your plans for your company is the business plan. It enables you to assess whether your ideas are feasible and whether there is a demand for your goods or services.
Summary/Overview is the main section of the business plan.
A succinct but clear argument (a few phrases or paragraphs) outlining why the company will succeed. The Business Plan's most crucial component since it ties everything together.
<h3>What constitutes a business plan'sHere is a list of the seven key elements of a business plan and what it should contain, despite the fact that plans vary as much as enterprises do.
Brief summary.
Business Description.
Services and goods.
Market research.
Organizing and Executing Out
Business and its management team.
A plan and estimated costs.
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