Answer:
The court will rule in favor of Judy
Explanation:
Kristy made a valid offer to Judy and Judy accepted it before Dave accepted Kristy´s offer so Judy's acceptance should prevail.
In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.
Kristy should have been more specific in stating that the only proper mode of acceptance was a response to Bruce.
Answer:
The adjusted cash balance per bank at July 31 is <u>$8,720</u>
Explanation:
Adjusted cash balance is the cash balance calculated after required adjustments in the balance as per bank or balance as per record of the entity having that bank account.
Accroding to the bank reconciliation statement
- The outstanding checks are deducted from the cash balance as per bank because these are the check issued but not be presented in the bank until the end of a period.
- On the other hand, the deposit in transit is the cash that is to be received but this balance is in the clearing process of the check.
- Bank Service charges is already adjusted in the balance as per bank.
Adjusted Balance can be calculated as follow
Cash balance as per Bank ______________ $8,085
Less: Outstanding Checks ______________ $755
Add: Deposit in transit _________________ <u>$1,390</u>
Adjusted Cash balance ________________ <u>$8,720</u>
Answer:
$2,190
Explanation:
In reporting gross income cash bonuses are included included in income. This is because such bonuses are regarded as income, companies sign contracts with customers promising to pay a certain amount as bonus for meeting a certain performance target.
Awards are not considered part of gross income up to $400. Awards can be for length of service, an achievement and son on.
So the amount included in gross income is $2,190. The gold watch worth $363 is not included as it does not reach the limit of $400.
Answer:
Embedding culture.
Explanation:
Embedding culture requires determining your leadership style, role modeling, teaching, and coaching. It is seen in how rewards and status is given and to whom, and in our criteria for recruitment, selection, promotion and excommunication of members.
