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Mice21 [21]
3 years ago
9

John’s bank statement shows a closing balance for a given month as $2,200 and his personal account register shows a closing bala

nce for the same month as $2,050. John investigated his accounts to identify the following discrepancies: Bank charges of $200 were charged. There were checks of $200 that were not yet presented for payment. Deposits not yet credited totaled $300. $450 interest was credit to John’s account. By how much is John’s bank reconciled?
Business
2 answers:
Andreyy893 years ago
4 0
Bank reconciliation refers to looking at your bank statement and your personal register and making sure they match up with no discrepancies. In this case, there were discrepancies, $150 worth so John had to look and see what was missing and making sure they both equaled the same amount. From the numbers given, John's bank account was reconciled $150. 
spin [16.1K]3 years ago
4 0

2050+200=2250

2250+200=2450

2450+300=2750

2750-450=2,300

John's Bank is reconciled at $2,300

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Type the correct answer in each box. Spell all words correctly.
jolli1 [7]

Answer:

A successful IS implementation adds to an organization’s efficiency and Effectiveness. A successful implementation also makes the organization more Agile.

Hope this helps :)

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8 0
3 years ago
Read 2 more answers
You are given the following information: sales, $260; expenses other than depreciation, $140; depreciation expense, $50; margina
masha68 [24]

Answer:

See below

Explanation:

1. The net cash after-tax cash flow effect of the preceding information of using the indirect method.

First, we need to calculate the pretax income.

Pretax income = Sales - Expenses other than depreciation - depreciation expense

Pretax income = $260 - $140 - $50 = $70

Also,

Tax expense = 35% × pretax income $70 = $24.5

Therefore, the indirect method would be;

Pretax income

$70

Less:

Tax expense

($24.5)

After tax income

$45.5

Add:

Depreciation expense

$50

After-tax cash flow

$95.5

Direct method

After tax cash operating income

[($260 - $140 - $50) × (1 - tax rate 35%)]

$45.5

Add :

Depreciation expense

$50

After tax cash flow

$95.5

5 0
3 years ago
After a long night of partying, one of your friends yells "Road Trip!" You all hop in the car and keep driving. When you finally
SCORPION-xisa [38]

Answer:

After a long night of partying, one of your friends yells "Road Trip!" You all hop in the car and keep driving. When you finally reach your destination it is noon and you see the Sun directly overhead. You look at the calendar and see that it is December 21st. At what latitude are you?

At when sun is directly overhead means the latitude 0 degree

Explanation:

7 0
3 years ago
The kraft heinz company mainly uses _______ for its mix of products.
Bess [88]

The Kraft Heinz company mainly uses "Individual Branding'" for its mix of products.

This is because Individual Branding is a form of Branding strategy whereby a single firm uses different brand names for their newly created products.

These new brand names are designed or coined so that they are not related to the names of existing brands offered by the same company.

In this case, Kraft Heinz company mainly has multiple products with different brand names such as Capri Sun, Velveeta, Jell-O, Planters, Ore-Ida, Oscar Mayer, Maxwell House, etc.

Hence, in this case, it is concluded that Individual branding is one of the strategies for expanding products markets.

Learn more here: brainly.com/question/19623459

7 0
3 years ago
Amortization is:Select one:A. The process of allocating to expense the cost of a plant asset to the accounting periods benefitin
Anvisha [2.4K]

Answer:

The correct answer is option B.

Explanation:

Amortization is a technique used in accounting. It involves the process of spreading payment over multiple periods. In accounting, amortization refers to the allocation of the cost of intangible assets over its lifetime.

For instance, amortization of a loan means spreading the interest and principal of the loan over its lifetime. It means fixed monthly payments of interest and principal.  

4 0
3 years ago
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