Answer:
$1,486.29
Explanation:
To calculate Ted's account balance at the end of the month:
First, deduct the checks:
1400 - 350.45 - 200.01 - 11.53 - 68.10 - 177.37 = 592.54
Now, add the deposits:
592.54 + 450 + 450 = 1,492.54
The bank charges him a $0.25 fee for every check. He wrote five checks, so his fee is:
0.25 * 5 = 1.25
Deduct the fee from his account:
1,492.54 - 1.25 = 1,491.29
Finally, deduct the monthly account fee:
1,491.29 - 5 = 1,486.29
The first option is the correct option.
Hope this helps :)
Answer:
The correct answer is b) "The greater the degree of product variation, the greater is the excess capacity problem."
Explanation:
Excess capacity means that the demand for a stock is less than the quantity that the company probably could provide to the market.
- The greater the degree of product variation, the greater is the excess capacity problem.
- A lower scale of output than it has been designed for creates an excess of capacity.
Answer:
intermediate goods current year output produced by national borders
Answer: Please see explanation column for answer.
Explanation:
a) Journal entry to record the budget
Account Debit Credit
Estimated Revenues $2,500,000
Appropriation $2,000,000
Budget fund $500,000
Calculation
Budget fund= Estimated Revenues-Appropriation = $2,500,000- $2,000,000= $500,000
b) Journal entry to record the the expenditure when the interest comes due for payment.
Account Debit Credit
Expenditure Interest $2,000,000
Matured Interest payable $2,000,000
