If a bank reconciliation included a deposit in transit of $765 the company's journal entry for this reconciling item would contain nothing because the deposit has already been tracked and recorded. The complete question can be seen in attachment.
Bank reconciliation can be described as the process of comparing data on cash books with the corresponding data on the bank statements. It is a important process for the CFO's office and ensures the accuracy of accounting records. Reconciliation also says the process of matching transactions that have been recorded internally against monthly statements from external sources such as banks to see if there are differences in the records and to correct any discrepancies.
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The income effect shows a change in someone or the economy's income and how it changes the quantity of a good or service. If one is making more, they are usually buying more of something. If someone is making less, they are often buying less of something.
In the market for magazines, the "income effect" means that if the price of a magian rises magazine readers will purchase less magazines.
Answer:
All of the above are considered important in strengthening partner relationships
Explanation:
Partner relationship exists when two or more people come together to undertake a business venture. Profits and losses are between all partners.
Maintaining a good partner relationship ensures that the business performs and meets its goals.
A strategic path for objectives of the partners means the business does not only plan but executes its plans.
Shared vision and objectives ensures the partners work in harmony to achieve set targets.
The obejecives should be measureable, this sets realistic milestones.
Also shared vision and objectives should be formally agreed to by all parties.
Answer:
A. Raphael spend $800
B.$800
C.VALUE ADDED
Explanation:
A. The amount of $800 is the amount that would be included in the expenditure method reason been that Rapheal used the amount of $800 to pay for a new high-definition television (HDTV) as well as its installation
B. The total contribution to GDP which is measured by the expenditure method, is the amount of $800 calculated as :
The Stages of Production; The Sale Value - The Cost of Intermediate Goods = VALUE ADDED
The Home Station $50 - $0 = $50
Firedog $650 -$50 =$600
Better Buy $800- $650=$150
TOTAL $800
($50+$600+$150)
C.The contribution to GDP that you found using the expenditure approach corresponds to the sum of the VALUE ADDED at each stage of production
Based on the CPI in both places, the Brexington salary in Charlieville is $30,000.
<h3>Brexington salary in Charlieville </h3>
This can be found by the formula:
= Brexington salary x CPI of Charlieville / CPI of Brexington
Solving gives
= 50,000 x (90 / 150)
= $30,000
In conclusion, option A is correct.
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